gweedo (OP)
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January 08, 2014, 03:03:36 AM |
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You are new, have questions ask them here, I will answer anything about bitcoins. You looking to run a business ask your questions here.
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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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evgamine
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January 08, 2014, 03:08:38 AM |
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when will it reach 10,000 dollars?
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gweedo (OP)
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January 08, 2014, 03:11:10 AM |
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Should you invest long term or short term (day / week trade) to maximize the most profit?
EDIT: Also, why isn't litecoin going to 1/4 bitcoin? It's stuck around 20.
Long term, I been long term, only taking out bitcoins to pay huge bills. I don't know I think it has to do with that exchange that was faking trades, I am not update on litecoin news as much as bitcoins. |
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gweedo (OP)
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January 08, 2014, 03:11:57 AM |
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when will it reach 10,000 dollars?
By the end of this year, I think we are going to get to a point where companies will be jumping on aboard left and right just pushing us higher and higher. |
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Welsh
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January 08, 2014, 03:13:38 AM |
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when will it reach 10,000 dollars?
By the end of this year, I think we are going to get to a point where companies will be jumping on aboard left and right just pushing us higher and higher. Do you think it will get any higher?  |
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gweedo (OP)
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January 08, 2014, 03:17:31 AM |
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when will it reach 10,000 dollars?
By the end of this year, I think we are going to get to a point where companies will be jumping on aboard left and right just pushing us higher and higher. Do you think it will get any higher? I think the point at which we are saying bitcoin is too high for me would be $100,000 a coin. That is when I will be like that is our peek. I doubt bitcoins could go to $1million but I hope I am wrong  . I am longing bitcoin until I am dead or bitcoin is worth $0 even then I probably keep using it unless it had some flaw. |
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Welsh
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January 08, 2014, 03:22:13 AM |
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I think the point at which we are saying bitcoin is too high for me would be $100,000 a coin. That is when I will be like that is our peek. I doubt bitcoins could go to $1million but I hope I am wrong . I am longing bitcoin until I am dead or bitcoin is worth $0 even then I probably keep using it unless it had some flaw. Very optimistic, I hope you indeed right. I also want to keep using Bitcoin, although I will be withdrawing around about 50% when the price is right. |
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gweedo (OP)
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January 08, 2014, 03:31:49 AM |
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I think the point at which we are saying bitcoin is too high for me would be $100,000 a coin. That is when I will be like that is our peek. I doubt bitcoins could go to $1million but I hope I am wrong . I am longing bitcoin until I am dead or bitcoin is worth $0 even then I probably keep using it unless it had some flaw. Very optimistic, I hope you indeed right. I also want to keep using Bitcoin, although I will be withdrawing around about 50% when the price is right. Optimistic probably, but bitcoin is so amazing, I get giddy talking about it. |
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R0yalAir
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January 08, 2014, 05:07:06 AM |
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Why is MT. Gox's price per Bitcoin is all the time higher than the price per BTC of similar exchanges ?
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gweedo (OP)
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January 08, 2014, 05:29:59 AM |
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Why is MT. Gox's price per Bitcoin is all the time higher than the price per BTC of similar exchanges ?
Because Mt. Gox takes a lot of time to withdraw USD. So they are creating an artificial higher demand due to people buying but not selling as much. |
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