ChartBuddy
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November 02, 2014, 05:00:29 AM |
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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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ChartBuddy
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November 02, 2014, 06:00:30 AM |
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ChartBuddy
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November 02, 2014, 07:00:28 AM |
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conspirosphere.tk
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Bitcoin is antisemitic
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November 02, 2014, 07:11:36 AM |
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There have been many things "backed by nothing" that were highly prized and profitable -- for a while.
Like fiat money? Um, no: that is backed by the monopoly of violence. Even that works for a while. |
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ChartBuddy
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November 02, 2014, 08:00:29 AM |
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manfred
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Energy is Wealth
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November 02, 2014, 08:20:05 AM |
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There have been many things "backed by nothing" that were highly prized and profitable -- for a while.
Like fiat money? Um, no: that is backed by the monopoly of violence. Even that works for a while. What does it mean "backed by"? What is gold backed by, the promise someone made the effort to find it? |
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spooderman
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November 02, 2014, 08:25:57 AM |
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It's about as relevant as someone saying electric cars wont work because there's nowhere to put the petrol, and cars that don't have petrol can't move.
Jorge fails to take the blinkers off once again.
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BlindMayorBitcorn
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November 02, 2014, 08:32:05 AM |
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There have been many things "backed by nothing" that were highly prized and profitable -- for a while.
Like fiat money? Um, no: that is backed by the monopoly of violence. Even that works for a while. What does it mean "backed by"? What is gold backed by, the promise someone made the effort to find it? Good point/question |
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ChartBuddy
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November 02, 2014, 09:00:29 AM |
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ChartBuddy
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November 02, 2014, 10:00:28 AM |
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BitAddict
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November 02, 2014, 10:01:46 AM |
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It's impossible to lose money if you don't sell.
That argument is usually used by gamblers investors. Even if you don't sell, what matters is how much that bitcoins are worth now when you need to spend them compared when you bought. So if you bought higher you are losing money a suboptimal investor, like everyone else. The past is over and you don't know what will happen in the future, the only thing that counts is the present what happens in the future, and how well your choices have prepared you for it. Technically not selling is the same than buying not buying... FTFY Sure... You think you are investing, but you are gambling. If you hodl 1-2 years you will probably earn money, but that doesn't mean you understand what you are saying. |
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redsn0w
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#Free market
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November 02, 2014, 10:37:24 AM |
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ahahaha that video is right ! |
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ChartBuddy
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November 02, 2014, 11:00:28 AM |
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mmitech
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things you own end up owning you
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November 02, 2014, 11:25:30 AM |
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Just a 'back in time' break here to the beginning of this thread when bitcoin was a whopping $67.43 according to the chart on the first post april 16th 2013 https://bitcointalk.org/index.php?topic=178336.0man would that be a bummer if that turns out to be the 'mean' on the bitcoin bubble this last year!  heh puckered a few people up with that comment anyway a lot of zooming about up down etc since then Sometimes when it is really late and I am way too tired I open this thread and don't realize for a second that I am on the first page and I freak out at the $69 price for a second.  I guess the $350 price doesn't look too bad in comparison. one day soon this will happen and you will lose your shit by sitting and watching it crash to double digits. |
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Searing
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Clueless!
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November 02, 2014, 11:29:31 AM |
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Just a 'back in time' break here to the beginning of this thread when bitcoin was a whopping $67.43 according to the chart on the first post april 16th 2013 https://bitcointalk.org/index.php?topic=178336.0man would that be a bummer if that turns out to be the 'mean' on the bitcoin bubble this last year! heh puckered a few people up with that comment anyway a lot of zooming about up down etc since then Sometimes when it is really late and I am way too tired I open this thread and don't realize for a second that I am on the first page and I freak out at the $69 price for a second. I guess the $350 price doesn't look too bad in comparison. one day soon this will happen and you will lose your shit by sitting and watching it crash to double digits. well it will be so or not ....there will be no in between.... you place your bets on what MAY happen and with what you can afford that is why this is called 'speculation' not investing...with investing there is at least a 'hint' of a return ...when you speculate it is all or nothing truth is with speculation 50/50 odds are as good as you ever get imho |
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zoukenn
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November 02, 2014, 11:30:37 AM |
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Price goes down very slowly... hope that something happen and price will rise up because price is too much low now  |
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hmmkay
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November 02, 2014, 11:46:33 AM |
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Price goes down very slowly... hope that something happen and price will rise up because price is too much low now Don't worry. It'll go up eventually and when it does you'll be smiling you 'survived' this bearmarket. Even all the trolls in here want it to go up once they buy in. They just don't want you to know. |
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