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Old 03-28-2013, 03:03 PM  
dyna mo
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Quote:
Originally Posted by L-Pink View Post
Value is based on what people are willing to pay.
i'm going to throw myself on my sword re: my comment, lemme know if it flies or dies!

ok, the total computational power is related to the creation of bitcoins. so i looked at it like the dollar, the treasury creates more dollars and that impacts the value of the dollar right?

so wouldn't the # of bitcoins mined over a certain period of time do the same thing to bitcoin value?

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