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Author Topic: bitcoin will go up and down like gold?  (Read 687 times)
mugdesign (OP)
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April 24, 2013, 06:21:46 PM
 #1

I think we should not be upset if we buy bitcoin after a run up.
 i think lots of people start to panic when price goes down, but obviously price changes like gold or any other commodty should not be panicing about it
Agree or not?
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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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April 25, 2013, 03:59:18 AM
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Agreed but a proper futures market would allow people to do business using Bitcoin despite this.
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