CryptoBernanke (OP)
Newbie
 Offline
Activity: 8
Merit: 0
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May 01, 2013, 08:33:26 AM |
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This includes Feathercoin, Bytecoin and a lot more
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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live627
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May 01, 2013, 08:35:12 AM |
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explain
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Yurizhai
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May 01, 2013, 08:36:19 AM |
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You don't know what the word scam means.
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perhan007
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May 01, 2013, 08:37:33 AM |
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This includes Feathercoin, Bytecoin and a lot more
The whole economy is a scam! They sell at higher prices than they buy, they should all go to jail! |
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live627
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May 01, 2013, 08:44:03 AM |
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You don't know what the word scam means.
So a pump and dummp scheme is a scam? |
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hdclover
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May 01, 2013, 08:45:39 AM |
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money from thin air is a scam
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Blah blah
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Liquid
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May 01, 2013, 08:50:08 AM |
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"A scam or confidence trick is an attempt to defraud a person or group by gaining their confidence." - Wikipedia
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Bitcoin will show the world what hard money really is.
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live627
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May 01, 2013, 08:50:26 AM |
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money from thin air is a scam
QE1 and 2 were scams then.? |
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UKMark
Full Member
Offline
Activity: 144
Merit: 100
Empty vessels make most noise.
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May 01, 2013, 08:53:58 AM |
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emuLOAD
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May 01, 2013, 08:56:35 AM |
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well.. now we could debate that for hours i fear  Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers. They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way. |
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UKMark
Full Member
Offline
Activity: 144
Merit: 100
Empty vessels make most noise.
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May 01, 2013, 09:16:51 AM |
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well.. now we could debate that for hours i fear Either way, crappy clones are crappy clones... that's quite different than a scam. They are most likely non-viable in the long term and offer, technologically speaking, no innovation whatsoever.. but that's doesn't qualify as a scam, no until they come laced with Trojans or wallet drainers. They are toys that people who are willing to risk a few hours of mining at the very beginning may enjoy for a quick profit. that's all. They don't hurt anybody who doesn't hurt himself on the way. I agree! Crappy clones are crappy clones. On the other hand add a devoted Development team that produce things that work from the off and then continue with their support and people will start believing & seeing for themselves that there are a hell of a lot of Crappyclones out there. As with everything, only time will tell. |
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wingding
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May 01, 2013, 11:48:07 AM |
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This includes Feathercoin, Bytecoin and a lot more
You mean it should be created first, mined only by a small group for some years, then be widely announced? Hmm..what coin could that be? |
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