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In 24 hours Bitcoin mining difficulty will be 10 billion times higher than 4 years ago.
Bitcoin is not a protocol of transfer, but a protocol of ownership. Coins never travel, but simply switch owners.
Tomorrow US will announce auction winners for confiscated 30K bitcoins. I predict the price will be at least 3x the market (>$1800/btc).
OH “How to call unconfirmed transactions? Dorians.”
Organized my most interesting articles on Bitcoin in one post: http://blog.oleganza.com/post/83346088497/selected-articles-on-bitcoin … Enjoy!
When MtGox says their withdrawal daemon is fooled by malleable transactions, their customers think “Bitcoin is broken” and sell off.
Bitcoin is a dump-and-pump scheme, not the other way around.
The reason 30K bitcoins will be sold at higher price is because buying that much on online exchange would be way more expensive.
Peace will never come to politics. Wars will end when fürers can no longer print or extract money to fund them. Bitcoin is the solution.
Once again: only shift to decentralized crypto-currency stops wars. Everything else is a waste of time and lives. http://blog.oleganza.com/post/71410377996/crypto-anarchy-does-not-require-anonymity …
BTC does not "wildly fluctuate" in value. It *wildly grows*. Up 10x and down 2x is not a "fluctuation". It is a whopping 500% increase.
Good explanation on why it's critical for miners to mine in the largest pool while difficulty is increasing rapidly. http://www.reddit.com/r/Bitcoin/comments/2828s9/i_own_a_large_mining_operation_ill_explain_why_i/ …
Idea: instead of giving a kid $10/week, give $100 for 10 weeks so she can learn to plan and save and not get used to begging for cash.
C++ pirates hijacked ObjC and removed almost all of Smalltalk from it by creating Swift.
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