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Author Topic: 2013-04-11 Bloomberg - Bitcoin Value Plunges: Is the Online Currency Safe?  (Read 1060 times)
labestiol (OP)
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April 11, 2013, 09:22:20 PM
 #1

http://www.bloomberg.com/video/bitcoin-value-plunges-after-cyber-attack-HO7aFuM7Q_eDb12g9ow7vw.html

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, 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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cypherdoc
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April 11, 2013, 09:50:08 PM
 #2

why aren't any of the videos playing?
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April 11, 2013, 10:34:34 PM
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why aren't any of the videos playing?

I'm done, I can't watch bloomberg with that lag. I already lost 3x the time I spent trying to watch those videos.

Do they share the same mtgox's servers or what?

Bloomberg should halt streaming.  Cool
ECore
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April 11, 2013, 10:48:55 PM
 #4

What a joke...It plunges from what to what?  Oh..it's only worth 124x the dollar.....these people are idiots.

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April 12, 2013, 12:29:48 AM
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not one of the skeptics understand what the hell they're talking about.  amusing and frustrating at the same time.
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April 12, 2013, 05:03:49 AM
 #6

Richard is a douche-bag.

Quote
"Richard, from a security standpoint, or perhaps even a business standpoint, is there enough transparency into the world of bitcoins?"

"No, it's got law enforcement very concerned about this. ... drugs, blah blah blah, money laundering blah blah blah ..."

Way to not answer the question and to spout some FUD instead.

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April 12, 2013, 06:24:13 AM
 #7

Can I who live in Europe buy pizza from pizzaforcoins? Also it's not practical with the skyrocket fees to buy anything from bitcoinstore so my chances of buying anything with Bitcoin are pretty slim..

Yeah still I can buy domain names from Namecheap, I can buy from wordpress although I don't need their services...
though 9flats seems interesting.

Bitcoin can't progress and do world-domination from day 1. We take it in steps...
Otherwise tell me where do I buy my food with Bitcoin in Sweden?

There may still be hope for the 1st decentralized cryptocurrency which is Bitcoin. How to approach different subjects is key to progress.
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April 12, 2013, 11:38:19 AM
 #8

and a classic closing line Smiley

+1 That last comment just made my day.
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April 12, 2013, 03:52:03 PM
 #9

and a classic closing line Smiley

+1 That last comment just made my day.

He cashed out of the dollar. Epic.

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