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Old 10-02-2015, 10:04   #18
MtnGoat
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Join Date: Feb 2006
Location: Asscrackistan
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Quote:
Originally Posted by battcat View Post
No, I don't.

My point was that the sales of bitcoin are impossible to track and can be done instantaneously.

EDIT:

If I could go back to 2009 when I first became aware of the existence of bitcoin, I might be inclined to mine them. However, crois-le ou non, I don't really care for an excess of wealth.

Investing in bitcoins is somewhat of a gamble now. It is becoming harder to mine them and eventually there will be none left to mine. When this happens new currency will be created in some shape or form.

The first standard exchange rate in 2009 US$1 = 1,309.03 BTC

Today $238.69 = 1 BTC
battcat great explanation on bitcoins. But as Eric Snowden, everything on the internet can be track. It may take longer as you stated. But that is with everything digital and within any financial supporting cell.
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