Bitcoin - Bitcoin.org, Bitcoin P2P Anonymous Cryptocurrency |
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  Apr 30 2010, 05:01 AM
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New MoneyMaker
Group: Member
Posts: 2
Joined: 30-April 10
Member No.: 210,416
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QUOTE Bitcoin P2P Cryptocurrency
Bitcoin is a peer-to-peer network based anonymous digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Anonymity means that the real world identity of the parties of a transaction can be kept hidden from the public or even from the parties themselves. Advantages:
* Transfer money easily through the Internet, without having to trust middlemen.
* Third parties can’t prevent or control your transactions.
* Bitcoin transactions are practically free, whereas credit cards and online payment systems typically cost 1-5% per transaction plus various other merchant fees up to hundreds of dollars.
* Be safe from the unstability caused by fractional reserve banking and bad policies of central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by the banks.
Bitcoin is an open source project created by Satoshi Nakamoto, and is currently in beta development stage. Bitcoin development is hosted at Sourceforge. Bitcoin - http://www.bitcoin.org/Hint: Run a Bitcoin 'node' and generate free Bitcoins ! .gif)
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May 23 2011, 05:38 AM
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Where's your sense of adventure?
Group: Global Moderator
Posts: 9,216
Joined: 15-February 06
From: If only I knew....
Member No.: 30,911
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This is quite interesting and certainly has taken off by storm already, every man and his dog mining for coins all over the world.
I was told that being part of a pool gives a better chance of actually finding blocks to resolve.
How it all works exactly, I am still trying to figure out though lol
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Jun 11 2011, 08:48 PM
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New MoneyMaker
Group: Member
Posts: 2
Joined: 21-April 10
Member No.: 209,098
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has anyone here generated any bitcoin?
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Jun 13 2011, 01:43 AM
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Where's your sense of adventure?
Group: Global Moderator
Posts: 9,216
Joined: 15-February 06
From: If only I knew....
Member No.: 30,911
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QUOTE (socialMarketer @ Jun 12 2011, 06:48 AM)  has anyone here generated any bitcoin? A close friend of mine has generated quite a few, both on his own, with a few friends with his own pool-script and in various large pools.
You do need to have some serious equipment though it seems as it is getting harder and harder as there are more and more people mining.
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Jun 23 2011, 01:15 PM
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New MoneyMaker
Group: Member
Posts: 1
Joined: 23-June 11
Member No.: 319,200
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Seems like they are having quite a few issues with this currency. Mt Gox seems to be a dud, and no real exchange has emerged.
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Sep 25 2011, 05:16 PM
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New MoneyMaker
Group: Member
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Joined: 25-September 11
Member No.: 346,656
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Edit: Spam
This post has been edited by Mordk: Sep 27 2011, 05:14 AM
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Mar 21 2013, 10:56 PM
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New MoneyMaker
Group: Member
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Joined: 21-March 13
Member No.: 507,622
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I have done business at FNIB and never had any issues.
Personally I have had enough of all the negativity at bitcointalk.org
Nasty, illogical, rude and immature *******s run that forum. What right does a Mitchell Bourne have to attack another company he never actually did business with and why do the moderators encourage hate on their forum. If the guy was not a client, why is he trying to stop people from using bitcoin at the forex company?
Here is what the company said. If they are lying, then he should prove publicly that he was a client and describe how he was scammed....
Mitchell Bourne (worldly) claims to have been a client at FNIB but this is a lie. He was never their client or business partner. He represents their competition! (bitcoin ). He demanded US$5000 from FNIB, sent in his Austrslian Passport to trade forex with FNIB.... but he never sent his deposit money. He wanted a free trading account in exchange for giving FNIB advertising at the bitcoin conference in NOVEMBER 2011. He has been attacking FNIB for purely commercial motivations.
Mitchell Bourne is a 33 year old Austrailian living hand to mouth in Romania. Somehow he got involved with Bitcoin and collects money for conferences. After FNIB found out that he was untrustworthy, they severed all ties with him and wish to warn everyone out there to be careful when getting into any deals with him
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