They can buy from everyone, but I aint selling mine.
So if you want to have some bitcoin you need to go to me.
So as you can see everyone will think this, and no one will sell.
FED fucked up, again.
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BoardBeginners & Help
Re: FREE Bitcoins on CoinChat - Get bitcoins for chatting!
by
kingofmoon
on 25/04/2013, 14:36:38 UTC
What is the exact odds of something happening?
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BoardBeginners & Help
Re: What if Putin / Obama says no ?
by
kingofmoon
on 25/04/2013, 14:30:35 UTC
First of all the second most powerful man on earth is no longer the Russian President but the Chinese one; Xi Jinping.
Second; The whole point is that we do not need the government, bitcoin for many reasons one being that we do not need central banks to tell us how the money supply should be controlled.
I still don't understand why it cost more to SEND something if you have more transactions going IN to your wallet. Why does the system care where I got the money from (as long as they are verified)?
if I want to send 1 BTC why does it matter if I accumulated my "wealth" by 5000 or 5 transactions? This hurt business that sell t-shirts over people selling gaming computers then, since they have more transactions with less money coming in.
It only hurts if the amount being spent is so small as to be considered "spam" by the network.
Amount being spent you say, is that spent by the people buying t-shirt or the t-shirt company?
Also you said; "If you have inputs valued at 0.00000001 BTC (frequently received from SatoshiDice), they'd have to age for 10,000,000 days before they could be individually spent without a fee."
So for example; I have a few of those 0.00000 transactions is there any hope for me to ever be able to spend bitcoins without having to pay a few? Or are was my first day in bitcoin world with a lot of small transactions messing it up for the rest of my life?
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Re: Are you holding BTC for the long run, or short term - ?
by
kingofmoon
on 24/04/2013, 22:20:51 UTC
Forever, this is basically digital gold, it is something that is passed down not something you trade. I guess you could, but it is mainly a preserver of value.
Nah, MLM does not require more and more people in the system.
However this is the definition of a ponzi scheme.
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BoardBeginners & Help
Re: problem with bitcoin payment fees
by
kingofmoon
on 24/04/2013, 22:09:17 UTC
I still don't understand why it cost more to SEND something if you have more transactions going IN to your wallet. Why does the system care where I got the money from (as long as they are verified)?
if I want to send 1 BTC why does it matter if I accumulated my "wealth" by 5000 or 5 transactions? This hurt business that sell t-shirts over people selling gaming computers then, since they have more transactions with less money coming in.
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BoardBeginners & Help
Re: Bitcoin Businesses and Developers, Let's Get Started!
My team and I just launched are building Crypto Street -- a meta-exchange for bitcoin, litecoin, PPcoin, and namecoin. Complete market depth and order books across a few different exchanges to provide initial liquidity (and arbitrage for the early adopters). We should be launching early May, but you can get in the queue by creating a free account at http://www.crypto.st.
We'd love your feedback as we build and launch.
I signed up. But didnt get an email?
Was I suppose to get one right away to confirm or will you just send them out when you are ready?
Because litecoin mainly adopt the feature of bitcoin, there's nothing too revolutionary or innovative. So, the value of litecoin will not be as high or close to bitcoins. People will still use it though.
You do realize that the matter of how revolutionary a currency is doesn't matter. It is how much it is used and how good it preserves its value that counts.
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Re: Introducing new ALT Coin
by
kingofmoon
on 24/04/2013, 04:30:25 UTC
Pretty funny.
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BoardBeginners & Help
Re: [DONATE PLEASE]Free .01 BTC
by
kingofmoon
on 24/04/2013, 02:50:33 UTC
1BdLK4uirBoshz2TEBnw9kCYfvRv9ENPQa
Thanks
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BoardMicro Earnings
Re: FREE BITCOIN Sites *and* Free Newbie Lotto
by
kingofmoon
on 24/04/2013, 02:47:12 UTC
This is relevant to my interests.
Also; If anyone can spare some bitcoins this is the address to send them to; 1BdLK4uirBoshz2TEBnw9kCYfvRv9ENPQa
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BoardBeginners & Help
Re: Is it still profitable to build a mining/gaming rig at this time?
I've been mining solidly for a week about now. I happened to have a 6870 already, without having any thought about mining.
I have made about .18 BTC and lived with a lot of noise and increased power. It was fun, but the way the market it is, I feel that I could make more money on an exchange...
But then we have the problem with the exchanges charging 0.6 % per transaction, which comes down to 1.2 % per trade. Now that is all fine and good as long as the bitcoin is flying all over the place, as soon as it doesn't though...