MediaWiki talk:August

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Revision as of 10:54, 27 August 2012 (edit) 188.143.232.12 (Talk) (GgsdybyUx) ← Older edit		Current revision as of 18:16, 27 August 2012 (edit) (undo) 74.80.56.69 (Talk) (VtbSZCtGL)
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-	== GgsdybyUx ==	+	So you are effectively iesnttg up a sort of insider trading/ collusion racket. You claim to provide info , and other people follow along to time their trades and influence the market. I finally see why some say Bitcoin needs regulation  to avoid schemes like this (though regulation would be difficult if not impossible to achieve without just shutting it down, due to the anonymity factor). Nice job taking advantage of what is there, I don't blame you. But I also don't want to pay the tax on being part of the group.
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-	Difficulty adjustment is not so much about linmtiig the supply of bitcoins. Block generation is how the network verifies transactions, and getting 50 BTC per block (for now) is only a nice bonus for maintaining the network. The difficulty system aims to limit block generation to one every 10 minutes on average, so the entire network has time to agree on which block is the latest.	+

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Current revision as of 18:16, 27 August 2012

So you are effectively iesnttg up a sort of insider trading/ collusion racket. You claim to provide info , and other people follow along to time their trades and influence the market. I finally see why some say Bitcoin needs regulation to avoid schemes like this (though regulation would be difficult if not impossible to achieve without just shutting it down, due to the anonymity factor). Nice job taking advantage of what is there, I don't blame you. But I also don't want to pay the tax on being part of the group.