bryant.coleman
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April 10, 2014, 03:15:52 PM |
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No, Russia, Kazahstan and Belarus return to discussions of creation of common currency, Altyn, by 2025:
What sort of a lame name that is? Why can't they keep Ruble as the common currency? Anyway Kazakhstan is having a population of only 17 million, although growing rapidly due to its Muslim majority. But why give any importance to them? |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Balthazar
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April 10, 2014, 04:38:35 PM |
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What sort of a lame name that is? Why can't they keep Ruble as the common currency?
The word "altyn" means "gold". It was the name of some golden and silver coins in Russian Empire. A silver altyn, from Peter I times:  1 silver altyn was equal to 3/100 of rouble. |
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bryant.coleman
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April 10, 2014, 05:30:16 PM |
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A silver altyn, from Peter I times: I have Googled it a bit. It is derived from the Tatar language. Another stunning example of Muslim appeasement from Putin. |
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Balthazar
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April 10, 2014, 05:32:22 PM |
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A silver altyn, from Peter I times: I have Googled it a bit. It is derived from the Tatar language. Another stunning example of Muslim appeasement from Putin. You mean that Peter I was pro-muslim? Seriously, I doubt that.  |
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Balthazar
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April 10, 2014, 05:50:51 PM |
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This name doesn't matter anyway, because it's just a code name. Real name of common currency is unknown yet...
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desired_username
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April 10, 2014, 05:58:28 PM |
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I thought it's obvious that they're just defending their centralized ponzi currency.  I wonder when will the house of cards fall. |
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Balthazar
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April 10, 2014, 06:16:25 PM |
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Another message from guy who didn't spent some time reading the topic properly.  |
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Wipeout2097
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SportsIcon - Connect With Your Sports Heroes
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April 10, 2014, 10:44:44 PM |
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Well, because Bitcoin is U.S. centric, from the Bitcoin Foundation to Github where the source code is hosted.
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bitsmichel
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April 10, 2014, 11:12:58 PM |
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because they mined litecoin  |
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bryant.coleman
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April 11, 2014, 02:23:39 AM |
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This name doesn't matter anyway, because it's just a code name. Real name of common currency is unknown yet...
Why can't they simply name it as the Ruble? And I am not very excited with the idea of granting 12 million Kazakh Muslims free access to Russia without any restrictions. |
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Balthazar
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April 11, 2014, 06:47:55 AM |
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Why can't they simply name it as the Ruble?
Because a name of common currency is supposed to be neutral... Name of the old imperial coins is neutral because all these territories were parts of the Empire in the past. Stupid political correctness, yep.  And I am not very excited with the idea of granting 12 million Kazakh Muslims free access to Russia without any restrictions.
They already have this opportunity thanks to the Treaty of the CIS... Just like in USSR, without local registration they can spend up to 90 days on Russian territory. |
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OhMyCoin
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Long live Bitcoin.
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April 11, 2014, 08:24:44 AM |
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ussrcoin  |
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bryant.coleman
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April 11, 2014, 09:19:42 AM |
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Because a name of common currency is supposed to be neutral... Name of the old imperial coins is neutral because all these territories were parts of the Empire in the past. Stupid political correctness, yep. Not a good sign, if we are already talking about political correctness. And the currency has yet to come out.  |
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trc
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April 11, 2014, 09:33:24 AM |
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They don't want rich people and retain wealth levels of individuals; because, duh?!.. Also, ussrcoin sounds about right. They seem to be "missing" the old days.
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trc
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April 11, 2014, 06:17:28 PM |
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How is it irrelevant? Are you sure you are capable of reading and writing? My comment wasn't only about Bitcoin. Watch some news maybe? |
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bryant.coleman
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April 12, 2014, 02:25:45 AM |
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How is it irrelevant? Are you sure you are capable of reading and writing? My comment wasn't only about Bitcoin. Watch some news maybe? I doubt whether you are capable of reading and understanding English. Check the links given by him. That directly contradicts to your initial post. |
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jdun
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April 12, 2014, 05:18:44 AM |
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I'm not sure about Russia, but I have my theories about China: I think it is a conspiracy to buy cheap coins. I bet they're scaring the world into selling and when they have bought up enough coins they will revamp and say, "ok, exchange is on again"
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trc
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April 12, 2014, 11:38:24 AM
Last edit: April 12, 2014, 10:19:04 PM by trc |
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How is it irrelevant? Are you sure you are capable of reading and writing? My comment wasn't only about Bitcoin. Watch some news maybe? I doubt whether you are capable of reading and understanding English. Check the links given by him. That directly contradicts to your initial post. Interesting. Because I've never even realized that it was contradicting up until you mentioned it. sigh... In the long run, you can't change a governments general policy by linking to some good news. How nice would that be. This isn't FUD. This is being realistic and not actually against BTC if all you care is that - which seems to be so. Screw the world as far as your coins retain their value. So thick... |
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greenalliancegroup (OP)
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May 04, 2014, 05:18:48 PM |
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The problem with the theory of cheap coins if few of them gov elites do decide to buy boat loads of BTC in China and Russia. Then turn the laws around. The supply and demand theory of the market regardless will go up because a group or someone out there will be buying up the supply.
My belief is that China and Russia believe its ploy from the West to get more capital to flow out of those countries and back to the West. A lot of people I know in China would rather have USD instead RMB because USD is the world currency at this point. USD will be accepted anywhere. I am not saying RMB is not worth anything, but the fact is USD is world currency. So everything that needs to be purchase will have to be in USD. Whoever holds the world's currency stats always benefits because its forced notion that you have to purchase everything with USD on the market.
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