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To: Professional

“To get YOUR interest, some whack jobs tighten the supply”

There is no one to “tighten the supply”. It doesn’t work that way AT ALL.


40 posted on 11/02/2017 5:20:04 PM PDT by Catphish
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To: Catphish

Oh, ok....so you’re saying that supply and demand of bitcoin isn’t driving the price wildly higher or lower. Ok... gee, must be the backing of the bitcoin being determined to be of such value that compared to other global currency that the value of the currency should have nearly meteoric rise in comparison.

Next moron please...


44 posted on 11/02/2017 5:22:36 PM PDT by Professional
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To: Catphish

There are finitely many bitcoins. It’s getting harder and harder to mine them. Are they basically the first 21 million prime numbers? something like all primes less than 2^29? Maybe 3 bits for some sort of checksum or identifier?


61 posted on 11/02/2017 8:24:43 PM PDT by scrabblehack
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