Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: scottwilley on February 23, 2014, 06:27:48 PM



Title: Crypto Currency Study Long term viability, effect, adoption rate, experiences,..
Post by: scottwilley on February 23, 2014, 06:27:48 PM
Undertaking to conduct a study on the evolution of crypto currencies, looking at the long term viability, effect on the world economy, potential for universal acceptance, etc

Would like to hear stories of people who have been mining long term, rigs they are using, purchases made with Litecoins, namecoins, bitcoins, etc ideas on the future prospects, experiences both positive and negative...

Lately Bitcoin has had a lot of media attention, thus causing it to sky rocket in value, do you feel this is a sustainable value? Some miners have expressed doubts citing the possibility of large wallet holders creating the hype so as to sell of at "Bubble" highs.....

With the current high value, difficulty level, and large scale pool mining is it becoming too cost prohibitive for the small man to mine? How is this effecting your long term strategies towards mining?

Part of the study involves solely living on crypto currencies..

Any donations would be greatly appreciated... can not afford to mine them quick enough to cover costs...

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WITH OR WITHOUT DONATIONS PLEASE PROVIDE DATA, EXPERIENCES, IDEAS, THOUGHTS, STORIES... VITAL FOR THE STUDY...

Should you wish to email directly - scottwilley32022@gmail.com