BITCON... WHY its totally FLAWED

Discussion in 'Digital Currencies' started by 1for1, Aug 6, 2012.

  1. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    #stackers on irc.freenode.com
     
  2. 8-Balls

    8-Balls Member Silver Stacker

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    How can I buy some litecoins been mining bitcoins for a little while to no avail made .01 of a bitcoin inefficient machine started mining litecoins but wanna get about $50 worth now while prices are still low?
     
  3. 1for1

    1for1 Well-Known Member

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    Get your Btc onto our btc-e.com account.. You should IMO

    Get more btc somehow... When you find somewhere pls post

    1for1
     
  4. Fykus

    Fykus Member Silver Stacker

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    thinking of asking my friend if i can "borrow" his bitcoins and ill give them back to him in a week or something.... like shorting the stock market or whatever, lol. wanna play the ltc - btc ratio
     
  5. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    Can one of you Bitcoin Bugs enlighten me on the information that 20% of all bitcoins are own by only one entity (mined by only 1 I.P. addr.) ?

    I've been trying to find info about that but didn't get far.

    What's up with that?
     
  6. Noppy

    Noppy New Member

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    These are the loaded people. https://bitcointalk.org/index.php?topic=92423.0
     
  7. Phiber

    Phiber Well-Known Member Silver Stacker

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    Although it's anyone's guess who owns the addresses! For all we know several addresses could belong to the same person.
     
  8. Noppy

    Noppy New Member

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    I would say Mt.Gox to be one. From there probably early adopters with bot nets.
     
  9. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I'm so bad at buying/selling. Christ.

    Maybe I'll just hold lol
     
  10. Phiber

    Phiber Well-Known Member Silver Stacker

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    Is that your attempt at speed trading?
     
  11. 8-Balls

    8-Balls Member Silver Stacker

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    Anyone wanna sell me a bitcoin or half a bitcoin or $50 worth of either litecoin or bitcoin I will pay via paypal, bank transfer whichever is good for you
     
  12. Fykus

    Fykus Member Silver Stacker

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    damnit my friend hasnt got any bitcoins left. i could of made like .1 of a bitcoin by now trading if he had of had one.
     
  13. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    it's so easy any Grand Ma is doing it at the grocery store.

    Buy on weakness, sell on strenght.

    The bigger the drop, the bigger you buy. The bigger the jump, the bigger you sell.

    You just have to figure out if bitcoin is in a bull market. good luck.
     
  14. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    So volatile. So many big buyers and sellers manipulating it
    Lol

    Plus I'm bad at trading
     
  15. Noppy

    Noppy New Member

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    Can't sleep keep thinking this increased price is going to screw the difficulty level because everyone will jump on board with their GPU rigs.
     
  16. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    J.P. Morgan once had a friend who was so worried about his stock holdings that he could not sleep at night.

    The friend asked, 'What should I do about my stocks?'

    Morgan replied, 'Sell down to your sleeping point'
     
  17. Phiber

    Phiber Well-Known Member Silver Stacker

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    Yes, it's important to keep a cool head with all this.
    Let's not forget that too much excitement is generally not a very good sign!
    Keep you head cool with the stuff, do not forget the very very short time frames we are looking at right now, and think before you act.
     
  18. southerncross

    southerncross Well-Known Member Silver Stacker

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    I smell Daffodils Tulips .
     
  19. hawkeye

    hawkeye New Member Silver Stacker

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    The magic 100. Going to be very interesting to see what happens from here. Onwards and upwards or correction?
     
  20. DanielM

    DanielM Active Member Silver Stacker

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    pringles came up with a very catchy catch phrase that also relates to this i think
     

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