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Author Topic: How much Bitcoin is used for purchasing stuff versus trading ?  (Read 455 times)
nick32768 (OP)
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February 28, 2014, 09:52:07 PM
 #1

Anyone know the answer ?

Nick.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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RyNinDaCleM
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February 28, 2014, 09:52:50 PM
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Anyone know the answer ?

Nick.

1-2%
Maybe 5% at the most

JimboToronto
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February 28, 2014, 09:54:23 PM
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Source?

Edit- From your added 5% comment, I take it that it's a guess. You're probably right.
CrashX
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March 01, 2014, 06:55:08 AM
 #4

That's a problem Bitcoin has.

It doesn't have much Users using it to purchase.

Most of us Horde it and trade it.


That's the reason Bitcoin hasn't increases in value and bad PR from GOX
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