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So let's cancel the r, and I get--cancel the mass.
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That's very interesting.
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So, that says v^2·r = G·M.
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It says, yes,
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you can have a circular orbit of any radius you like,
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provided you move at the speed satisfying this equation.
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And as long as you satisfy the equation,
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I don't care if the thing you're spinning is a satellite or a potato,
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because the mass of the object drops out.
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So, the condition for orbit is
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independent of the object orbiting, again,
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due to this cancellation of the mass on both sides.