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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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btcminer021
Member
Offline
Activity: 98
Merit: 10
Mine hard!
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April 12, 2013, 12:32:36 AM |
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At 70? Me too!
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EPiSKiNG
Legendary
Offline
Activity: 800
Merit: 1001
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April 12, 2013, 12:43:38 AM |
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CAN I HAS SOME!!?!?!
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WiseOldOwl
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April 12, 2013, 12:45:01 AM |
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they were trading for 65 on btc-e a bit ago
*edit the low today was actually 52
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EPiSKiNG
Legendary
Offline
Activity: 800
Merit: 1001
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April 12, 2013, 12:46:49 AM |
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they were trading for 65 on btc-e a bit ago
*edit the low today was actually 52
I will buy $10,000 worth of BTC @ 52. PM me. -EP
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jerye (OP)
Newbie
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Activity: 57
Merit: 0
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April 12, 2013, 01:18:53 AM |
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Price bump.
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J.Socal
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April 12, 2013, 07:13:50 AM |
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its @ 95 now.@ 200 tomorrow.
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shibaji
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April 12, 2013, 07:15:16 AM |
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its @ 95 now.@ 200 tomorrow. Hope that is true -
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Wardrick
Legendary
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Activity: 1022
Merit: 1000
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April 12, 2013, 07:29:32 AM |
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its @ 95 now.@ 200 tomorrow. Even if it is it's just artificial. I've figured out BTC is a flawed currency because people hoard them and once they get high enough they just get dumped. The same process will continue to happen over and over again. It's already happened twice.
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J.Socal
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April 12, 2013, 03:52:31 PM |
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Can that still happen if there was a limit. Like how much someone or collective, is able to buy, per day, week or month?
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Wardrick
Legendary
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Activity: 1022
Merit: 1000
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April 12, 2013, 06:15:41 PM |
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Can that still happen if there was a limit. Like how much someone or collective, is able to buy, per day, week or month?
I was thinking something exactly like that these past few days. I don't know if it would be possible because of the mass anonymity. I kept referring back to his because it relates a lot to what I think is happening with Bitcoin - http://en.wikipedia.org/wiki/Silver_Thursday
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