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Thread: $900 Bitcoin

  1. #441
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    Seems like that kind of money would be worth hiring 100 people and digging.

    If it were real money.
    Originally posted by SJW
    Once again another useless post by JRSCOOLDUDE.
    Originally posted by snowcat
    Don't let the e-thugs and faggots get to you when they quote your posts and write stupid shit.

  2. #442
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    Next beyond investment competition, let's open it up to crypto currencies so we can all play god with ICOs.
    Web developer. Beer drinker. 'YYC Deals' addict.

  3. #443
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    starting to explore building a mining setup again (or buying one), I get "free" electricity where I live right now - so I can just set a few boxes up and leave them alone.

    antminer s9 the best solution right now? is it even worth it to mine at this point? lots to read still after not looking at crypto currencies for a while.
    DOES ANYONE NEED A GO-JUICE?

  4. #444
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    I just recently got into the crypto currency world and have a few questions related to the local market.

    - how are people funding their accounts? I’ve read that quadrigaCX has recently started having trouble with transfers from Canadian banks but other exchanges like CoinBase have crazy high fees.

    - what exchanges have people recently successfully transferred money back to their bank accounts with and how (wire transfer, etransfer)?

    Thanks!

  5. #445
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    Coinbase has high fees (10%) but Quadriga's prices for BTC, LTC, ETH seem to be consistently ~7-10% higher than the higher volume exchanges so at the end it ends up being roughly similar. Just another thing we get screwed on as Canadians.

  6. #446
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    What is a bitcoin fork and why do people holding bitcoin end up with the equivalent amount of crypto currency in the new bitcoin2x (for example)? is it a bit like a stock split where they are trying to lessen the value and create more of the coins?

  7. #447
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    Quote Originally Posted by nzwasp View Post
    What is a bitcoin fork and why do people holding bitcoin end up with the equivalent amount of crypto currency in the new bitcoin2x (for example)? is it a bit like a stock split where they are trying to lessen the value and create more of the coins?
    https://www.forbes.com/sites/laurash.../#2ab2de723d3c

    Forbes did a pretty good write up (at least to me, an outsider to Bitcoin) what all these forking is about.

  8. #448
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    Quote Originally Posted by Xtrema View Post
    https://www.forbes.com/sites/laurash.../#2ab2de723d3c

    Forbes did a pretty good write up (at least to me, an outsider to Bitcoin) what all these forking is about.
    I think I understand it now - I don't own too much bitcoin - no where near a whole one so I guess it will be more a wait and see game and watching the market.

  9. #449
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    With Bitcoin Cash, it was a literal duplicating of your BTC funds.

  10. #450
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    The easiest analogy for a fork goes like this.

    Imagine if all the bills in your wallet magically duplicated themselves and then changes names. So a new currency is formed (like BTC Cash)

    Anyone can perform a fork however you are essential making a new Crypto currency and will need sufficient support or the currency will crash into the dirt.

    Why do this? Some people are unhappy with the way bitcoin runs (There is many many issues with the future of bitcoin) and feel they can make a better version but instead of starting from ground 0 they can essential 'steal' all the existing clients of bitcoin by giving them a bunch of free money to spend in the new currency.

    Very ELI5 but I hope that helps.

    - - - Updated - - -

    Quote Originally Posted by nzwasp View Post
    I don't own too much bitcoin - no where near a whole one so I guess it will be more a wait and see game and watching the market.

    I find it funny and sad that people say this when I literally had 1000s of coins back in the very early days. HOWEVER context of the day prevails, Some idiot on the internet was willing to pay for magically internet money, whats better than free money!? So alas I only hold a measly quarter coin myself.

  11. #451
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    The thing that stands out from that forbes article the most is this:

    Every day on Coinbase alone, about 35,000 new accounts open -- a figure that sometimes reaches 50,000 -- and thousands of people in South Korea and Japan, two countries where Bitcoin has taken off, are also bringing new fiat money into the system.


    Quote Originally Posted by jacky4566 View Post

    I find it funny and sad that people say this when I literally had 1000s of coins back in the very early days. HOWEVER context of the day prevails, Some idiot on the internet was willing to pay for magically internet money, whats better than free money!? So alas I only hold a measly quarter coin myself.
    however i only just got into it this year, I am pretty risk adverse with things like BTC and ETH so took the wait and see approach but now that I have more spendable cash I am branching out a bit with my investments.
    Last edited by nzwasp; 10-24-2017 at 01:48 PM.

  12. #452
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    A fork is just a stock split but split into two different independent companies basically.
    Nolan

  13. #453
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    shameless plug for my own blog but this is fucking awesome

    http://www.securitybreach.online/201...nknown-hacker/

    How brilliant is it that some hacker did this and managed to get away with it for 24 hours. Really a twist of fate for coinhive. I was surprised to learn that they had a kickstarter for it.

  14. #454
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    Quote Originally Posted by JRSC00LUDE View Post
    Seems like that kind of money would be worth hiring 100 people and digging.

    If it were real money.
    What promises you that the 100 people digging wont just pocket the HDD's they find? Id pocket it if I found it lmao
    Originally posted by beyond_ban
    Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.

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    Bought some etherium. Now I just have to forget about it for a decade and I'll be rich!

  16. #456
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    Quote Originally Posted by Power_Of_Rotary View Post
    What promises you that the 100 people digging wont just pocket the HDD's they find? Id pocket it if I found it lmao
    True enough lol, it just seems to me that if that much CASH was in there someone would have been launching a massive long shot search! Fucking sucks to be that dude.
    Originally posted by SJW
    Once again another useless post by JRSCOOLDUDE.
    Originally posted by snowcat
    Don't let the e-thugs and faggots get to you when they quote your posts and write stupid shit.

  17. #457
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    I cant recall exactly how much, but I seem to recall that 5-10% of all BTC ever mined is lost to things like this, plus people forgetting their passwords or just plain forgotten BTC.

    I lost some 2 LTC years ago after mining when my HDD packed it in and I hadn't had a chance to do a backup of recent coins.

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