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Wall Street set to pour money into Bitcoin (NY Times)
Wall Street set to pour money into Bitcoin (NY Times)
by Leviathan » Thu Dec 12, 2013 3:24 pm
"The President, through the Attorney General, may authorize electronic surveillance without a court order under this subchapter to acquire foreign intelligence information for periods of up to one year..." - 50 U.S.C. § 1802
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by eric » Thu Dec 12, 2013 3:28 pm
It's more like I don't have money to invest
"With the first link, the chain is forged. The first speech censured, the first thought forbidden, the first freedom denied, chains us all irrevocably."
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by exploited » Thu Dec 12, 2013 3:30 pm
Of course they want to dump their money in it.
The entire network is just waiting to get raped by serious players with the processing power to break the currency, and they'll cash out right before it happens.
Wall Street loves suckers.
The entire network is just waiting to get raped by serious players with the processing power to break the currency, and they'll cash out right before it happens.
Wall Street loves suckers.
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by Leviathan » Thu Dec 12, 2013 3:34 pm
"The President, through the Attorney General, may authorize electronic surveillance without a court order under this subchapter to acquire foreign intelligence information for periods of up to one year..." - 50 U.S.C. § 1802
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by exploited » Thu Dec 12, 2013 3:39 pm
Why? All the decentralized digital currencies are fundamentally broken. You are investing your money into systems that literally require 75% of the entire network to be honest otherwise it breaks.
The Wall Street guys are gonna pump up BitCoin, get people to invest in it, then use superior processing power to mine 33% more coins than they are allowed to. Then they'll dump BitCoin for dollars and laugh their asses off as you and the other suckers lose all their money.
The Wall Street guys are gonna pump up BitCoin, get people to invest in it, then use superior processing power to mine 33% more coins than they are allowed to. Then they'll dump BitCoin for dollars and laugh their asses off as you and the other suckers lose all their money.
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exploited - Vice President
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by Leviathan » Thu Dec 12, 2013 4:07 pm
"The President, through the Attorney General, may authorize electronic surveillance without a court order under this subchapter to acquire foreign intelligence information for periods of up to one year..." - 50 U.S.C. § 1802
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by exploited » Thu Dec 12, 2013 4:08 pm
You do understand that what they are going to do will make the currency utterly worthless, right?
Educate yourself:
http://hackingdistributed.com/2013/11/0 ... is-broken/
Educate yourself:
http://hackingdistributed.com/2013/11/0 ... is-broken/
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by Leviathan » Thu Dec 12, 2013 4:10 pm
"The President, through the Attorney General, may authorize electronic surveillance without a court order under this subchapter to acquire foreign intelligence information for periods of up to one year..." - 50 U.S.C. § 1802
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Re: Wall Street set to pour money into Bitcoin (NY Times)
by exploited » Thu Dec 12, 2013 4:21 pm
Nobody is going to hold onto their money at all, and nobody will buy it either, because this makes the currency worthless.
The entire technology is predicated on the security of blockchains.
Those blockchains are fundamentally broken.
The Wall Street guys are gonna do a digital pump and dump. And you're gonna lose.
The entire technology is predicated on the security of blockchains.
Those blockchains are fundamentally broken.
The Wall Street guys are gonna do a digital pump and dump. And you're gonna lose.
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