Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: ThePanCakeKid95 on July 02, 2014, 06:15:28 PM



Title: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: ThePanCakeKid95 on July 02, 2014, 06:15:28 PM
Hey guys it's Jason and I'm back with another video. In this video I talk about the recent news of NewEgg adding bitcoin as a payment option.
Check out my video at http://youtu.be/AE6tEkEd918 (http://youtu.be/AE6tEkEd918)


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: cccarnation on July 07, 2014, 10:12:26 AM
Bitcoin isn't the default form of payment on Newegg. What are you talking about?
Also, I don't think you fully understand what intrinsic value means.


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: ThePanCakeKid95 on July 07, 2014, 07:58:14 PM
I was using the term very lightly lol :P Thanks for watching :)


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: montreal on July 07, 2014, 09:21:33 PM
nice videos man! my only suggestion for your channel: don't  make vids promoting altcoins (subtly or not).

keep up the good work though


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: franky1 on July 07, 2014, 09:31:22 PM
intrinsic.. is a quality a COMMODITY has, as a literal meaning..

bitcoin is an asset. Not a commodity, so it doesnt need intrinsic value in the literal sense.

intrinsic means belonging naturally, essential. meaning things like beef, wheat. well thats the literal and commodity definition.

but the layman definition is that 'bitcoin will become a natural and essential part of peoples lives' translating to become 'bitcoin will become an intrinsic part of peoples lives'


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: jonald_fyookball on July 07, 2014, 09:37:51 PM
i just noticed that newegg seems to be selling some
very misleading "miner packs"... computing parts
that would be fine for anything BUT mining Bitcion.

What's up with that?

https://i.imgur.com/95ON7Qx.jpg


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: franky1 on July 07, 2014, 09:45:13 PM
i just noticed that newegg seems to be selling some
very misleading "miner packs"... computing parts
that would be fine for anything BUT mining Bitcion.

What's up with that?


Geforce rig for over $1000....... WTF are they thinking, is this a 2012 noob mistake?

Geforce GTX750 how 'cuda' they may such a mistake


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: Remember remember the 5th of November on July 07, 2014, 09:49:27 PM
i just noticed that newegg seems to be selling some
very misleading "miner packs"... computing parts
that would be fine for anything BUT mining Bitcion.

What's up with that?

https://i.imgur.com/95ON7Qx.jpg

Geforce rig for over $1000....... WTF are they thinking, is this a 2012 noob mistake?
It isn't, the nvidia cards can now mine altcoins...as efficiently or even better than AMD.


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: franky1 on July 07, 2014, 09:52:25 PM
It isn't, the nvidia cards can now mine altcoins...as efficiently or even better than AMD.

emphasis on altcoins..

and for that price you can get a script miner that does more hashes


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: ThePanCakeKid95 on July 07, 2014, 11:57:51 PM
nice videos man! my only suggestion for your channel: don't  make vids promoting altcoins (subtly or not).

keep up the good work though

I'm not promoting them  :P people ask for videos on them and I like to give my viewers what they ask for :) I hope that doesn't come off as supporting. Thanks for watching :)


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: ThePanCakeKid95 on July 07, 2014, 11:59:08 PM
intrinsic.. is a quality a COMMODITY has, as a literal meaning..

bitcoin is an asset. Not a commodity, so it doesnt need intrinsic value in the literal sense.

intrinsic means belonging naturally, essential. meaning things like beef, wheat. well thats the literal and commodity definition.

but the layman definition is that 'bitcoin will become a natural and essential part of peoples lives' translating to become 'bitcoin will become an intrinsic part of peoples lives'

Thank you exactly what I was trying to say :)


Title: Re: NewEgg adds Bitcoin {BTC} for Payments [Video]
Post by: ThePanCakeKid95 on July 08, 2014, 12:01:46 AM
i just noticed that newegg seems to be selling some
very misleading "miner packs"... computing parts
that would be fine for anything BUT mining Bitcion.

What's up with that?

https://i.imgur.com/95ON7Qx.jpg

UGH NewEgg what are you doing, don't say mine bitcoin :( and even litecoin and over altcoins are going ASIC. Literally the only use of GPU mining now are for coins like vertcoin, and thats assuming they actually can fork if asic's come out...

NewEgg why :(