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Bitcopia (OP)
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June 04, 2014, 04:42:23 PM |
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http://www.cnbc.com/id/101711220Author Bill Barhydt is an advisor to Vaurum, which just secured $4MM in venture funding. Very well written, as he actually has a grasp on his subject. "Vaurum runs an exchange that facilitates over-the-counter bitcoin trading for institutional traders."
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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kjlimo
Legendary
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Activity: 2086
Merit: 1031
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June 04, 2014, 06:32:06 PM |
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To da moon!
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ENEWIT
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Activity: 42
Merit: 0
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June 04, 2014, 07:14:16 PM |
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"Bitcoin can be used for alternative investments ... and to represent other types of assets, such as stock or gold." ITA! IMO, Investing in Bitcoin is the best way to multiply your assets |
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Chef Ramsay
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Activity: 1568
Merit: 1001
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June 04, 2014, 09:01:13 PM |
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Great to have the money magicians coming on board. As they dip their toes into the pools they can pass along the tips to their CNBC viewers and they can bring up the rear on the next wave. Yep, I'm having one of those days today.
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fatty_but_happy
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Activity: 54
Merit: 0
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June 05, 2014, 02:40:28 AM |
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"Bitcoin can be used for alternative investments ... and to represent other types of assets, such as stock or gold." ITA! IMO, Investing in Bitcoin is the best way to multiply your assets Why do you think the function of Bitcoin "means of accumulation" is more important than function of Bitcoin "means of payment"? |
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Captain America
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June 05, 2014, 02:40:36 AM |
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The Ripple currency, known as XRP, can be used to represent any form of asset, such as dollars, pesos and even bitcoin itself. This is actually incorrect. The Ripple protocol can be used to settle EUR to USD directly, without touching XRP. Ripple is a currency agnostic, decentralized settlement protocol. |
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Robin_Good
Member
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Activity: 140
Merit: 10
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June 05, 2014, 02:57:39 AM |
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The Ripple currency, known as XRP, can be used to represent any form of asset, such as dollars, pesos and even bitcoin itself. This is actually incorrect. The Ripple protocol can be used to settle EUR to USD directly, without touching XRP. Ripple is a currency agnostic, decentralized settlement protocol. Ripple is a scam. The coins are centrally controlled. It is NO different than fiat. Ripple is an attempt by Google, a few other companies and large banks to slow the adoption of p2p digital currencies like bitcoin. It's also an attempt to muddy the water for average consumers. |
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bryant.coleman
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Activity: 3654
Merit: 1217
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June 05, 2014, 06:12:51 AM |
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Great to have the money magicians coming on board. As they dip their toes into the pools they can pass along the tips to their CNBC viewers and they can bring up the rear on the next wave. Yep, I'm having one of those days today.
Having the Wall Street people interested in Bitcoin will have its own advantages (ease of adoption, lobbying.etc) as well as its own disadvantages (such as market manipulation).  |
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Ron~Popeil
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June 05, 2014, 07:17:31 AM |
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Great to have the money magicians coming on board. As they dip their toes into the pools they can pass along the tips to their CNBC viewers and they can bring up the rear on the next wave. Yep, I'm having one of those days today.
Having the Wall Street people interested in Bitcoin will have its own advantages (ease of adoption, lobbying.etc) as well as its own disadvantages (such as market manipulation). If it gets them talking about it I will take it. I am hearing more and more bit coin talk on financial shows. |
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LiteCoinGuy
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Merit: 1010
In Satoshi I Trust
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June 05, 2014, 11:11:44 AM |
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Great to have the money magicians coming on board. As they dip their toes into the pools they can pass along the tips to their CNBC viewers and they can bring up the rear on the next wave. Yep, I'm having one of those days today.
Having the Wall Street people interested in Bitcoin will have its own advantages (ease of adoption, lobbying.etc) as well as its own disadvantages (such as market manipulation). thats true. but we need these guys for mainstream adoption. |
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bryant.coleman
Legendary
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Activity: 3654
Merit: 1217
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June 05, 2014, 01:16:06 PM |
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thats true. but we need these guys for mainstream adoption.
That is, if these people favor mainstream adoption for Bitcoin. I am a bit more skeptical about this whole thing. Let's not depend anything on anyone. If the Wall Street guys are supporting us, then it is good. But overall, let's not depend too much on them. |
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Ron~Popeil
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June 05, 2014, 08:00:28 PM |
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thats true. but we need these guys for mainstream adoption.
That is, if these people favor mainstream adoption for Bitcoin. I am a bit more skeptical about this whole thing. Let's not depend anything on anyone. If the Wall Street guys are supporting us, then it is good. But overall, let's not depend too much on them. This thing will take off with or without them. The thing that could be powerful is the amount of fiat they would melt into bit coin. It would be just a tremendous transfer of government power to the people. |
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