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Author Topic: 2013-04-01 yahoo finance Bitcoin Prices Blast Through The Roof  (Read 867 times)
Piper67
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April 01, 2013, 07:12:50 PM
 #1

http://finance.yahoo.com/blogs/daily-ticker/bitcoin-prices-blast-100-driving-speculators-wild-150415225.html?l=1
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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ineededausername
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April 01, 2013, 07:28:36 PM
 #2

They think that satoshi can mint more coins...  Roll Eyes

(BFL)^2 < 0
cypherdoc
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April 01, 2013, 07:43:14 PM
 #3

the fact that those 2 guys are talking about Bitcoin is huge. 

Blodget is well known on Wall St. and Aaron Task was the one who interviewed Jim Cramer many years ago on the infamous interview where i first realized just how easily hedge funds can manipulate the tape in pre-market hours:

http://usatoday30.usatoday.com/money/markets/2007-03-23-cramer-usat_N.htm

unfortunately, TheStreet.com has long since taken the video down.  it was an AMAZING admission and if you missed it, too bad.
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April 01, 2013, 08:25:21 PM
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Or, Bitcoin's technology could be hacked, allowing Bitcoins to be stolen from their owners.
Or someone could make counterfeit Bitcoins.
Or the anonymous creators of Bitcoin, who reportedly still own lots of Bitcoins, could decide to create a lot more Bitcoins, thus debasing the value of each unit of the currency.

Pretty bad "facts" to mention. Guess they didn't really do that much research. #2 can't "feasibly happen" (or at all?) and obviously #3 is not possible unless a hard fork occurs and everyone the majority agrees with it.
If SHA was broken for #1 we would have much larger issues than bitcoin being in trouble..
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