adamstgBit
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Trusted Bitcoiner
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October 19, 2014, 02:34:18 AM |
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>1,000$ pre bitcoin party SOON! alright i'm out , good night NY, Good Night Montreal., GOOD NIGHT BITCOIN!
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silverfuture
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central banking = outdated protocol
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October 19, 2014, 02:46:04 AM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 19, 2014, 03:00:50 AM |
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79b79aa8d5047da6d3XX
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Colletrix - Bridging the Physical and Virtual Worl
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October 19, 2014, 03:14:13 AM |
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spooderman
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October 19, 2014, 03:19:56 AM |
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Mother of god I need to leave this awful island. GCHQ has fewer safeguards in place than the NSA.
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79b79aa8d5047da6d3XX
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Colletrix - Bridging the Physical and Virtual Worl
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October 19, 2014, 03:28:50 AM |
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that would make no difference. if/when it comes down to it, there are no jurisdictions, there is no law. that much is certain.
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Richy_T
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October 19, 2014, 03:28:56 AM |
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I agree, Metcalfe's law for Bitcoin should use (number of customers)x(number of merchants) instead of (number of users)2. Unfortunately we do not have data on the number of customers and how it is evolving.
Perhaps. Though I suspect it might not be quite as simple as that since there will still be some interconnection between the customers themselves and, also,to a lesser degree, the merchant group (Consider the effect of ebay on turning consumers into sellers). Not all nodes in a network have to be interconnected (I am not emailing your mother, for example), the value is *proportional* to the square after all. Presumably this is because the number of interconnections rises with the square but the percentage of those connections that are used is a fairly constant proportion of those available. Having two disparate groupings does introduce an interesting factor. Perhaps there would be a paper for it for a computer researcher... My suspicion is that the main part of the value comes from the users. Whatever their proportional value, as it is the square, it will rise more and more quickly as large numbers are attained. Merchants, on the other hand, will tend to have a much smaller number overall so their contribution will rise more slowly.
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Richy_T
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October 19, 2014, 03:32:42 AM |
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Richy_T
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October 19, 2014, 03:34:29 AM |
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Bit disappointed by your response there lambchop. Was hoping to learn something. Anyone else care to chime in on whether price leads sentiment or the reverse?
its a paradox, for real, its a fucking paradox! i've been here for years and i can assure you its a paradox It's a feedback loop. They feed off each other.
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ChartBuddy
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October 19, 2014, 04:00:50 AM |
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hyphymikey
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October 19, 2014, 04:14:11 AM |
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I'm surprised there hasn't been a dump yet
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BlindMayorBitcorn
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October 19, 2014, 04:14:53 AM |
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I'm surprised there hasn't been a dump yet
Wait for it
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cbeast
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Let's talk governance, lipstick, and pigs.
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October 19, 2014, 04:15:22 AM |
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I think speculators are guessing that an altcoin will replace Bitcoin or that Bitcoin 2.0 derivatives will make Bitcoin unnecessary as a store of value. They will see the error in their presumptions.
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mah87
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-Bitcoin & Ripple-
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October 19, 2014, 04:22:47 AM |
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I think speculators are guessing that an altcoin will replace Bitcoin or that Bitcoin 2.0 derivatives will make Bitcoin unnecessary as a store of value. They will see the error in their presumptions.
Ripple is integrating 100banks in 2015. No error. Bitcoin is the past.
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lyth0s
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World Class Cryptonaire
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October 19, 2014, 04:49:03 AM |
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I think speculators are guessing that an altcoin will replace Bitcoin or that Bitcoin 2.0 derivatives will make Bitcoin unnecessary as a store of value. They will see the error in their presumptions.
Ripple is integrating 100banks in 2015. No error. Bitcoin is the past. Don't make me laugh.
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BlindMayorBitcorn
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October 19, 2014, 04:56:00 AM |
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I just had an epiphany. If bitcoin would just keep going up and stop going down we would have nothing to argue about. Is this a flaw in the code or something?
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janos666
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October 19, 2014, 04:58:57 AM |
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I just had an epiphany. If bitcoin would just keep going up and stop going down we would have nothing to argue about. Is this a flaw in the code or something?
We could always argue about the date it will stop, why it haven't stopped already, etc. Those next 24 hours would always be about bubble speeches and manipulation theories. Oh wait...
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ChartBuddy
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October 19, 2014, 05:00:49 AM |
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ChartBuddy
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October 19, 2014, 06:00:51 AM |
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mah87
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-Bitcoin & Ripple-
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October 19, 2014, 06:11:28 AM |
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I think speculators are guessing that an altcoin will replace Bitcoin or that Bitcoin 2.0 derivatives will make Bitcoin unnecessary as a store of value. They will see the error in their presumptions.
Ripple is integrating 100banks in 2015. No error. Bitcoin is the past. Don't make me laugh. Well already 4banks. And one is #30 in US... Keep you head in the sand.
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