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Bitcoins

Discussion in 'General Chat' started by helloworld, Nov 18, 2013.

  1. Scott7

    Scott7 Membership: Trader

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    This seems to be exactly what's happening.
     
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  2. Scott7

    Scott7 Membership: Trader

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  3. findtim

    findtim Membership: VIP

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    being someone that does not own a single bitcoin, i do find it VERY interesting.
    on that note i personally think that perhaps dnt should consider creating a bitcoin sub section just like we have for developers.
    i know there are many "fades" like gTLD's but i don't think bitcoin is going away.

    i just think it would be "neater" reading if the bitcoiners amongst us were about to start multiple thread topics in one section because i am sure there's far more to this then JUST its price: eg buying, selling, newbies,oldbies, warnings etcccccccccc

    what do others think?
    tim
     
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  4. Suzabro

    Suzabro Administrator

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    Yes good idea Tim, will do!
     
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  5. Scott.L

    Scott.L Membership: Trader

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  6. Scott.L

    Scott.L Membership: Trader

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    When do you guys think the Government will adopt a cyrptocurrency for Australia?
    Hmmmmm....its bound to happen.
     
  7. Scott7

    Scott7 Membership: Trader

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    MalCoin ... crypto with ego :D
     
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  8. Scott.L

    Scott.L Membership: Trader

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    I'de rather see the market Turn "Bull" instead of getting a Bill for "Shorten" (heheheh)
     
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  9. Scott.L

    Scott.L Membership: Trader

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    Whoooosh...

    upload_2017-9-1_11-25-10.png
     
  10. Scott7

    Scott7 Membership: Trader

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    Found this site Blockcoin.io that compares the price of Bitcoin on all of the major Australian exchanges.

    While .io is a popular domain extension in the tech space, particularly when it comes to Bitcoin, this site also uses Blockcoin.com.au as a mirror site and Blockcoins.com.au, Blockcoins.net.au, Cryptocoins.com.au, Cryptocoins.net.au and Blockcoin.net.au as redirects to Blockcoin.io
     
  11. DnEbook

    DnEbook Membership: VIP

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    auscoin.com created in 2009
     
  12. Scott7

    Scott7 Membership: Trader

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    You can use some of their products to sort your cash when you sell your portfolio. :cool:
    I've noticed a couple of nice 4n sales recently. :)
     
  13. Scott7

    Scott7 Membership: Trader

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    High risk and big stakes trading Bitcoin at the moment.
    1 Sept: 6,231.31 AUD per BTC
    10 Sept: 5,199.99 AUD per BTC
     
  14. DnEbook

    DnEbook Membership: VIP

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    As someone who is not into all of this. Can I ask what happens when there are no more bitcoins, isn't there some kind of finish date or something? That part makes me wonder. Or are you all rich by then and don't care?
     
  15. findtim

    findtim Membership: VIP

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  16. DnEbook

    DnEbook Membership: VIP

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  17. Scott.L

    Scott.L Membership: Trader

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    the crux of the problem is that China has limits on the amount of foreign currency people can buy. But Chinese investors can buy bitcoin in China then later exchange that for foreign currency in any amount they want. The Chinese Gov is not happy to see investors trading more BTC than its own currency - While the Chinese government could easily crush the bitcoin market, it hasn’t because that would allow miners in other countries to usurp its dominance – something the PBOC might find difficult to undo. China is home to between 50% and 70% of the world’s bitcoin mining

    A very good article by zerohedge explains this problem.
    http://www.zerohedge.com/news/2017-06-15/peoples-bank-china-manipulating-bitcoin-price
     
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  18. Scott7

    Scott7 Membership: Trader

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    When all Bitcoin are mined there will be 21 million. Each Bitcoin can be divided to 8 decimal places.
     
  19. DnEbook

    DnEbook Membership: VIP

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    So now I have to go back to school to be an investor ...
     
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  20. Scott7

    Scott7 Membership: Trader

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    lol :D
     
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