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blazing (OP)
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August 07, 2012, 03:19:52 AM
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When the price of bitcoin rises above $500 per coin I will stop buying. I will have half of my coins invested at about 1-2% per week which will be enough to retire and live comfortably for the rest of my life. Also I plan to buy a yacht and sail around the world.

Whats your plan when bitcoin rises above this price? Assuming you didn't sell your coins...
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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teflone
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August 07, 2012, 03:26:57 AM
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To be woken out of my coma clearly...
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dank
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August 07, 2012, 03:34:31 AM
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Follow your dream.
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August 07, 2012, 03:53:43 AM
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This!
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August 07, 2012, 04:06:10 AM
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When the price reaches $500 I'll just continue developing safe means for securing your bitcoins. Why? Well it is just too damn interesting to solve hard problems.
Mycelium let's you hold your private keys private.
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August 07, 2012, 04:51:56 AM
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August 07, 2012, 05:10:07 AM
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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August 07, 2012, 05:20:11 AM
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Carrot farm.
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August 07, 2012, 07:55:04 AM
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Quote from: blazing on August 07, 2012, 03:19:52 AM
When the price of bitcoin rises above $500 per coin I will stop buying. I will have half of my coins invested at about 1-2% per week which will be enough to retire and live comfortably for the rest of my life. Also I plan to buy a yacht and sail around the world.

Whats your plan when bitcoin rises above this price? Assuming you didn't sell your coins...


Motive: Profit
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