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I'm still sticking with Litecoin. I hope I'm right about it. I may be wrong, and everything just goes to Bitcoin.
Litecoin is still almost double from where I purchased it at least.
I'm still sticking with Litecoin. I hope I'm right about it. I may be wrong, and everything just goes to Bitcoin.
Litecoin is still almost double from where I purchased it at least.
Hmmm hedge funds for bitcoins, sounds like a fractional reserve paper market getting started, recommended by Max Keiserstein... 10:1 ratio? Not a bad deal for them. Selling fake bitcoins for $250, to the public, crashing the market with a coordinated smack down and media campaign. They will make a killing!Originally Posted by vacuum
mick silver (10th April 2013)
That sounds a bit scary?They aren't ballsy enough to risk doing it themselves because if you miss-type a single character of your bitcoin address you permanently lose everything.
This isn't as scary as it sounds:
from https://en.bitcoin.it/wiki/AddressMost Bitcoin addresses are 34 characters. They consist of random digits and uppercase and lowercase letters, with the exception that the uppercase letter "O", uppercase letter "I", lowercase letter "l", and the number "0" are never used to prevent visual ambiguity.
Some Bitcoin addresses can be shorter than 34 characters (as few as 27 in theory) and still be valid. A significant percentage of Bitcoin addresses are only 33 characters, and some addresses may be even shorter. Every Bitcoin address stands for a number - somewhat like an account number. These shorter addresses are valid simply because they stand for numbers that happen to start with zeroes, and when the zeroes are omitted, the encoded address gets shorter.
Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.
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Or the market could turn them into Beanie Babies. Why one bitcoin could windup carrying the value of all U.S. Debt.
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
bitcoin: now with improved leverage and day trading-
http://www.zerohedge.com/news/2013-0...-time-leverage
edit: osab beat me to it!
extra characters
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
$225 and dropping!
Good, it needs to stabilize. Where, is the question?
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell
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