Take your charts and shove them up your ass. Bitcoin just died.
Nonbelievers listen to Gordon Gekko on the concept of wealth being explained to young Bud Fox in the movie Wall Street – “Money is transferred from one perception to another”. “The illusion has become real and the more real it becomes the more desperate they want it”.Apply it to Bitcoin.
I'm Creating My Own Digital CryptocurrencyI'm sure you're all familiar with the bitcoin by now. But what you might not know is that there is a whole ecology of alternative cryptocurrencies being brought to market (initially just mined, then put on an exchange and traded for fiat) with their own special functions -- e.g., coins whose mining sends computational power to BOINC research projects (gridcoin).As CEO of Vincent Goodcome Enterprises, I'm always looking for ways to innovate and expand my burnt appendages into new markets. Today I'd like to share my latest innovation:Introducing, the goodcoin (GOC)Technical specifications: 60 second block time10 goodcoin's reward per block60 second transaction confirmation timescrypt-based, proof of work algorithmRetarget every 4 hoursRPC/P2P Ports = 8505/8506The goodcoin will be a revolutionary new cryptocurrency that will only gain value as its adoption rate increases. Initial miners will get free digital coupons to Caliber Fitness and Caliber Grocery upon successful mining of each block (in addition to the standard 10 goodcoin reward). Goodcoins make a great holiday gift as well because I'm sure they'll be useful for something sometime in the future (haven't figured that part of the business out quite yet).More news to come!!
