Bitcoin
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- drgs0
has anyone tried mining?
i'll bet the inventor has some very efficient algorithms for mining which he keeps to himself, hehe- Only profitable with an ASIC now. Even GPU mining is a wasteanimatedgif
- shaft0
Something tells me people who transferred money from/to their accounts to/from bitcoin exchanges guaranteed themselves tax audits in the coming years, at least in some countries.
- not possibleCableStudios
- if you know what your doing..CableStudios
- Not possible because it's a massive waste of time for the IRSukit2
- sem0
What I don't understand though is that it was created by a random...what if that random turned out to be an online peedo or something really messed up...would the currency loose value?
- scarabin0
this is the part where i hold out on buying more because i think they're gonna go down, only to watch them triple in price in the coming months. i'll just start kicking myself in the ass now.
- ukit20
Two computer science researchers at Cornell University say they've uncovered a fundamental flaw in Bitcoin that is so bad, it could kill Bitcoin.
- was always the danger, but chances now are really small as is reached critical massCableStudios
- CableStudios0
- #Bitcoin is closing in on $4B market cap. It gained a Billion dollars in less than a monthCableStudios
- CableStudios0
- The fact that there's a new DPR is pretty funnyukit2
- ?
http://www.howtovani…yurimon
- CableStudios0
$350... wow, that didn't take long......
- ....inteliboy
- The tech and housing bubbles didn't take long eitherZOOP
- $400 next stopCableStudios
- utopian0
This Is Why Bitcoin Is Fundamentally Broken
Bitcoin is broken. And not just superficially so, but fundamentally, at the core protocol level. We're not talking about a simple buffer overflow here, or even a badly designed API that can be easily patched; instead, the problem is intrinsic to the entire way Bitcoin works. All other cryptocurrencies and schemes based on the same Bitcoin idea, including Litecoin, Namecoin, and any of the other few dozen Bitcoin-inspired currencies, are broken as well.
- This is why timelinelvl_13
- lol, yeah, its broken...CableStudios
- CableStudios0
BITCOIN 357 – CRITICS WRONG AGAIN – SAY IT IS ANOTHER BUBBLE – 3 STRIKES, YER OUT!
Watch the Bitcoin Ecosystem grow by the second: http://coinometrics.com/bitcoin/…
- Isn't this pretty much the definition of a bubble? ;)ukit2
- yurimon0
Anyone successfully mined coins?
- ukit20
Ah...I understand now
- ukit20
- Makes it easier to buy things with Bitcoin
http://www.gyft.com/…ukit2
- Makes it easier to buy things with Bitcoin
- CableStudios0
There's always a slight pause when the first stage of the rocket separates and before the second stage ignites. #bitcoin + China = orbit
The Chinese Can Now Buy Real Estate and the Dutch Can Order Food Online with Becton
The Netherlands’ 10th biggest online retailer Thuisbezorgd.nl, a brand owned by takeaway.com, the European-wide food ordering and delivery website, has just announced it is now accepting payment in bit coins.
Bitcoin is one of the few investments in China that has been increasing faster than real estate in 2013.
Shopify now allows stores to accept Bitcoin
E-commerce platform Shopify is already tackling the world’s newest form of currency. Today, the company announced that it now supports Bitcoin payment through Bitpay on checkout for stores using the platform.
- CableStudios0
eBay CEO John Donahoe Is Bullish On Digital Currency, And He’s Keeping Tabs On Bitcoin
- you have bitcoins? Think they'll drop below $200 again?inteliboy
- The price is correcting, will reach 1,000 per BTC soon
CableStudios
- ZOOP0
2013 the year of the bitcoin. so cray
- CableStudios0
Bitcoin Correction Target 225
Let’s use a broad guesstimate. One Bitcoin should theoretically be worth 700 ounces of gold or pretty close to $1,000,000, if we adjust existing supply of both to equal eachother. One BTC is currently worth 0.14 ounces of gold. That gives BTC an upside of 5000 times to equal the current price of gold, supply adjusted. Clearly, I and everyone else believes that Gold may well be much higher than here in the next 5 to 10 years, thus versus the US Dollar the upside for BTC could be multiples of that. Now, before you shake your head, simply go back to the chart of Gold versus the US Dollar and just recognise that it has risen 8750% since the 1920s. And just remember that Microsoft rose 61,000% from its IPO to it’s peak. Considering what we know about the world, I personally believe that Bitcoin may well explode in value as more and more people begin to use it. If you stuck $5,000 into Bitcoins and each Bitcoin did go up to a gold equivalent of let’s say, only 100 ounces of gold (not the potential fair value of 700), then at current prices your Bitcoin stash would be worth $3.3m.
- Gold was held at an artificially low price, but I know what you're saying.ZOOP
- inteliboy0
Loving this thread. Am watching closely.... and no doubt going to kill myself when am saying "I should have grabbed bitcoins when at $400!!"
- dbloc0
can these be bought and sold like stocks?
