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Question: How do you win Bitcoin?  (Voting closed: July 30, 2012, 02:56:15 AM)
You buy all the BTC? - 4 (20%)
You get 51% of the network? - 6 (30%)
You break the protocol? - 2 (10%)
All of the above? - 4 (20%)
Other? - 4 (20%)
Total Voters: 20

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Author Topic: How do you win Bitcoin?  (Read 896 times)
silverbox
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July 23, 2012, 02:56:15 AM
 #1

I'm just curious.  I've been trying to figure out how to win bitcoin.. Wink

All of your bitcoins belong to us?? Wink
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NothinG
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July 23, 2012, 03:01:36 AM
 #2

Once you own 51% of the network, you win.

rudrigorc2
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July 23, 2012, 03:12:06 AM
 #3

Once you own 51% of the network, you win.

wrong. nobody wins if bitcoins fails !
NothinG
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July 23, 2012, 03:13:19 AM
 #4

Once you own 51% of the network, you win.

wrong. nobody wins if bitcoins fails !
That's the point of only having one winner.

unclemantis
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July 23, 2012, 03:19:32 AM
 #5

Once you own 51% of the network, you win.

wrong. nobody wins if bitcoins fails !
That's the point of only having one winner.

+1

Hey G. Wasup?

PHP, Ruby, Rails, ASP, JavaScript, SQL
20+ years experience w/ Internet Technologies
Bitcoin OTC | GPG Public Key                                                                               thoughts?
NothinG
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July 23, 2012, 03:22:25 AM
 #6

Once you own 51% of the network, you win.

wrong. nobody wins if bitcoins fails !
That's the point of only having one winner.

+1

Hey G. Wasup?
Eh, same shit different day. Grin

check_status
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July 23, 2012, 03:40:29 AM
 #7

Casino method.

1 InsertBitcoin if success, then goto 2; if not, scroll message, InsertBitcoinHere
2 Pull handle if success then goto 3
3 SeePlums if success then goto 4; if not, then goto 5
4 YouWinAllBTC
5 TryAgain

Pretty basic  Grin

For Bitcoin to be a true global currency the value of BTC needs always to rise.
If BTC became the global currency & money supply = 100 Trillion then ⊅1.00 BTC = $4,761,904.76.
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unclemantis
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July 23, 2012, 04:08:22 AM
 #8

Once you own 51% of the network, you win.

wrong. nobody wins if bitcoins fails !
That's the point of only having one winner.

+1

Hey G. Wasup?
Eh, same shit different day. Grin

Thanks again for the gift. It went straight to cold storage. Only after I sent 0.0005 btc to SatoshiDice and ended up loosing LOL

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NothinG
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July 23, 2012, 04:10:47 AM
 #9

Once you own 51% of the network, you win.

wrong. nobody wins if bitcoins fails !
That's the point of only having one winner.

+1

Hey G. Wasup?
Eh, same shit different day. Grin

Thanks again for the gift. It went straight to cold storage. Only after I sent 0.0005 btc to SatoshiDice and ended up loosing LOL
Minimum on SatoshiDice is 0.001?

Qoheleth
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July 23, 2012, 04:13:26 AM
 #10

1) Find a role that is present in all "real" economies but as yet unimplemented in the (frankly still foetal) Bitcoin economy.
2) Be the first to fill the role. Do as well as you can, but don't worry about being great.
3) Collect spoils from the temporary monopoly.
4) Use spoils to hire people who know what they're doing and can get your business to "great" level while competitors are still catching up to your first draft solution.
5) Collect spoils from your position as market leader.
6) Hire a professional manager to keep the business going without your help.
7) Go play golf.

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the culture of naive fools and conmen, the former convinced that BTC is a magic box that will turn them into millionaires, and the latter arriving by the busload to devour them.
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