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chodpaba
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June 09, 2011, 10:29:38 PM
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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imperi
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June 09, 2011, 10:34:26 PM
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Australian gold is cheap though.
Rocketfella
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June 09, 2011, 10:43:44 PM
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Oh no, the gold bubble must have burst finally! Everybody, sell your gold! Shocked

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Vladimir
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June 09, 2011, 10:45:15 PM
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wait for parity, than exchange some bitcoins for gold

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Vladimir
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June 09, 2011, 10:48:33 PM
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diversification, my friend, balanced portfolio... those kind of things will be important once parity is reached.

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Vladimir
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June 09, 2011, 10:54:46 PM
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yep, I want 5870 an than 6990 card parity too.

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bcearl
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June 12, 2011, 08:37:43 PM
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Australian gold is cheap though.

I think "Au" means gold (aurum from latin, symbol in the periodic system).

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bcearl
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June 12, 2011, 08:46:27 PM
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Right now gold is about 69 BTC/au oz.

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Steve
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June 12, 2011, 09:36:29 PM
 #9

wait for parity, than exchange some bitcoins for gold

But what do you mean by parity?  If you mean the price of BTC in dollars is equivalent to the price of an oz of gold in dollars, that's rather meaningless.  Or, do you mean when the value of all gold in the world is equivalent to the value of all bitcoins?  Now, that is meaningful, but also not likely to happen very soon...but, you could pick a target ratio of the value of all bitcoins in existence to all gold in existence.  That would measure the usage of bitcoin relative the usage of gold.

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cypherdoc
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July 02, 2011, 05:09:26 AM
 #10

Oh no, the gold bubble must have burst finally! Everybody, sell your gold! Shocked

i just did. Grin
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