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Cryptocurrency exchange rate chart
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Each transaction is then authenticated and verified multiple times by other computers on the network. The more time passes since the occurrence of the transaction, the more validated it becomes. It is estimated that once a transaction has been verified 6 times, its validity is.
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This equation lets you add any amount of profit on top of the current exchange rate. If you were to purchase bitcoins and then sell soon after, you could profit by trading in this manner. In this example, the equation mtgoxusd1.05 means take the current.
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