Bitcoin Forum

Other => Off-topic => Topic started by: hardcore-fs on November 18, 2012, 03:26:48 AM



Title: The future of bitcoin
Post by: hardcore-fs on November 18, 2012, 03:26:48 AM
ASIC miners  fighting over the last few bitcoins.

http://hk.dv.nextmedia.com/actionnews/hit/20121118/18070789/20004995


Title: Re: The future of bitcoin
Post by: FreeMoney on November 18, 2012, 10:13:45 AM
I dunno about sketchy link there, but there are still over 10 million coins to go, so it'll be a long battle.


Title: Re: The future of bitcoin
Post by: hardcore-fs on November 19, 2012, 09:42:53 AM
I dunno about sketchy link there, but there are still over 10 million coins to go, so it'll be a long battle.


Its a group of chinese agents battling for declining commission on property sales,

Equates nicely with increased processing power of ASIC rigs VRS difficulty


Title: Re: The future of bitcoin
Post by: Fcx35x10 on November 21, 2012, 06:45:23 AM
i'm assuming flipping tables was not enough for them. they took it to the streets


Title: Re: The future of bitcoin
Post by: hardcore-fs on November 22, 2012, 01:55:55 AM
i'm assuming flipping tables was not enough for them. they took it to the streets

They make 1.5% per confirmed contract.... So at a starting price of about for a flat $3,000,000 makes it $30,000 profit for 'walking' a person into the agency, what would you do to preserve $30,000  for a 15second stroll ?