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Author Topic: Knowing that the "Winklevii" allegedly own 1% of all BTC...  (Read 779 times)
nobbynobbynoob (OP)
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October 11, 2013, 03:26:04 PM
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Makes me glad I'm invested in LTC. Grin Though maybe the Winklevii are in LTC too?

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Johnny Bitcoinseed
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October 11, 2013, 03:34:56 PM
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Say what?

Sincerely I am, Johnny BitcoinSeed .com
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October 11, 2013, 03:36:35 PM
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Say what?

A search turns up nothing for the name but this thread... Would you mind clarifying what exactly you are trying to tell us?

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October 11, 2013, 03:39:25 PM
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Makes me glad I'm invested in LTC. Grin Though maybe the Winklevii are in LTC too?

Uh... why? It's trivially easy to get 1% of all LTC right now, since it's so much cheaper than BTC.
nobbynobbynoob (OP)
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October 11, 2013, 03:44:59 PM
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Makes me glad I'm invested in LTC. Grin Though maybe the Winklevii are in LTC too?

Uh... why? It's trivially easy to get 1% of all LTC right now, since it's so much cheaper than BTC.

I dunno, I'm now just trying to imagine Cameron and Tyler Winklevoss slugging it out in the BTC-e troll box... Grin

They could be into mcxNOW fee shares too, for all we know, that could be the real reason why the price is stubbornly above BTC1. Grin

Alas, I cannot afford 1% of all the litecoin stock, though I (very briefly) held about 1% of copperlark at one point in time.

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October 11, 2013, 05:08:08 PM
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http://www.washingtonpost.com/business/as-regulators-circle-bitcoin-virtual-money-men-ante-up-for-the-digital-currency/2013/10/10/76519964-2d50-11e3-97a3-ff2758228523_story.html

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The Winklevosses, 32, say they own about 1 percent of the $1.6 billion worth of Bitcoins in circulation, making their holdings worth about $16 million. They say they see Bitcoin as a way around a sclerotic global payment system that is balkanized into rival currencies and competing financial institutions.
nobbynobbynoob (OP)
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October 11, 2013, 06:59:41 PM
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Okay, you aren't making any sense.
Any random person could hold 10% LTC and crash it into oblivion and so goes for BTC. You can't know this and besides what do you have against "Winklevii"?

I was being somewhat facetious (hence the post to Off-topic rather than Alternate cryptocurrencies. On a personal level, I have no grudges against Cameron and Tyler Winklevoss. Bitcoin could have worse spokespeople than those two, I suppose.

Satoshi Nakamoto may have 10% of all the bitcoin but we know not whether Satoshi still has the keys to all that money, nor whether or not Satoshi will ever unleash those funds.

Maybe a savvy interviewer could ask the "Winklevii" about their altcoin portfolios. Grin

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October 11, 2013, 09:24:45 PM
 #8

Makes me glad I'm invested in LTC. Grin Though maybe the Winklevii are in LTC too?


Winklevii are not speculators. They see potential in BTC userbase for worldwide payment method. LTC offers just converting to BTC  Tongue
nobbynobbynoob (OP)
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October 11, 2013, 09:52:41 PM
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Makes me glad I'm invested in LTC. Grin Though maybe the Winklevii are in LTC too?


Winklevii are not speculators. They see potential in BTC userbase for worldwide payment method. LTC offers just converting to BTC  Tongue

And All Things Luxury. And LTC-Asics (shoes not miners). And LEALANA (thanks smoothie)... Grin

"Winklevii" are speculators with more money than most. Grin

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