how much [$$$] power you need to make that 1 bitcoin, or how much did someone paid 1 bitcoin when they were over 10$, so its still worth nothing good...
“If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”
I'm making a currency called moogaliboogali dollars and you "mine" it by sending me a video of you digging in your own toilet. Several factors can affect your mining:
-The porcelain content of your toilet
-Mean time between flushes
-Mining implement. Bare hands gains a 27.83% bonus
1$ = .37 MB$ at present, but as demand picks up, I expect MB$ to increase in value against its poor sickly old school cousin, the US$.
i still do have positive outlook on Bitcoins. they're trading at all time low since last huge rise back in June. it barely dipped to $2/btc in the past 2 month few times and keeps trading strong at around $3 presently, it wasn't able to fall further down below $2 mark . 2012 will be interesting for bitcoins, it slowly gains more support from different kind of people. I'm seeing slow steady growth in the near future with possibility of another mega rally in the next 6-12 month. I may be wrong on my outlook but i highly doubt it will go down below $1 or even $2 anytime soon for any significant amount of time as many of you were and are predicting.
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spent $300 usd and received 75 bitcoins. at the time it was $3.92 a bitcoin. spent them on exactly what i needed them for...all transactions were smooth..i love bitcoins..but they are $7.00 each today...
How's the poking fun at things you don't understand business going seeandsee?
It's lucky you have no reputation because these comments will make you look very silly as the years progress.
This new technology allows for the creation of new businesses and services, huge opportunity on the table..
Right place, right time, the gold rush is on right now. Hundreds of smart business men are silently going to work, laying the infrastructure for the BTC economy.
How's the poking fun at things you don't understand business going seeandsee?
It's lucky you have no reputation because these comments will make you look very silly as the years progress.
This new technology allows for the creation of new businesses and services, huge opportunity on the table..
Right place, right time, the gold rush is on right now. Hundreds of smart business men are silently going to work, laying the infrastructure for the BTC economy.
Some are floating ?Bitcoin DRM? for a large video game maker. Where (if you believe the rumors) each video game is shipped with (for example) 5 bitcoins, each install sends out a single bitcoin, since double spending is impossible, the most that CD can be installed is 5 times before it cannot send out a bitcoin to activate it.
I'm old enough to remember Bubble Memory when it was touted as the best option for massive memory (back in the days when 64kb was alot of memory) and would replace the hard disk as the storage medium of big data.
Bubble memory was a novel approach to storage and it's still made by some companies around the world for specific applications - however it was not the solution to mass storage and hard disks are still manufactured today over 35 years later.
The Bitcoin is a novel idea, the concept may one day spawn new transactional systems, but regardless it's a fad that will pass. It will not gain widespread acceptance and the people betting that it will have made a losing bet.
there is a very good investing opportunity right now with bitcoin
more people come to realization and call bitcoins gold2 or digital gold for its unique properties
btw if you got paxum you can relatively quickly and easy get them at mtgox.com
AdultKing, it's possible for a variety of reasons Bitcoin won't survive, I agree.. But the new technology of viable decentralized crypto currency is the big deal here. Even if Bitcoin disappears it will be replaced quickly by the next generation of crypto currency.
If you aren't wishing this currency to succeed, you simply don't understand the advantages it could offer to your business yet. Nobody is going to tell you exactly what to do, but if you run an online business there is likely a way you can utilize Bitcoin to your advantage.
AdultKing, it's possible for a variety of reasons Bitcoin won't survive, I agree.. But the new technology of viable decentralized crypto currency is the big deal here. Even if Bitcoin disappears it will be replaced quickly by the next generation of crypto currency.
Success in this area will only be achieved when this finds it's way to people who don't even know what crypto-currency is. The enterprise that manages a way to put this into the proverbial wallets of everyday people will set the benchmark and it won't be Bitcoin that does that.
Bitcoin is simply an interesting experiment of a concept which needs substantial evolution to become widely accepted.
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