Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Legion on May 20, 2011, 02:19:11 AM



Title: Oh god what
Post by: Legion on May 20, 2011, 02:19:11 AM
I quit generating these over a year ago, thinking it was going nowhere. My i7 920 could generate 50 coins a day easily. Should've. Kept. Going. Oh well. My wallet currently holds 300 coins. Is it worth putting it back on generating, or do custom miners 100% dominate the coin awards now?

Saddest part is, I had 400. Got scammed for 100 for a month of web hosting back when BTC were practically worthless, and $1 would get you 20 BTC.


Title: Re: Oh god what
Post by: Anonymous on May 20, 2011, 03:30:32 AM
DO NOT PUT IT BACK. YOU'RE GOOD.

You have over 1/100,000ths of the entire chain. If Bitcoin succeeds, you will be in the clear for long-term retirement.


Title: Re: Oh god what
Post by: FreeMoney on May 20, 2011, 03:33:49 AM
I quit generating these over a year ago, thinking it was going nowhere. My i7 920 could generate 50 coins a day easily. Should've. Kept. Going. Oh well. My wallet currently holds 300 coins. Is it worth putting it back on generating, or do custom miners 100% dominate the coin awards now?

Saddest part is, I had 400. Got scammed for 100 for a month of web hosting back when BTC were practically worthless, and $1 would get you 20 BTC.

GPU mining is where it's at now and even most of those join pools.

Congrats on your score, you doubting doubter.


Title: Re: Oh god what
Post by: marcus_of_augustus on May 20, 2011, 03:47:34 AM

Not as bad as the guy who reformatted his hard-drive with 1500 BTC on it ... didn't think they were worth anything.

So this is one good counter to all these sour grapes tools going on about "early adopter" advantage ... there was clearly a huge risk they would be worthless, some early adopters actually trashed there bitcoins.

No advantage, just market forces at work.


Title: Re: Oh god what
Post by: joeydangerous on May 20, 2011, 09:48:02 AM
I think we all wish we had mined/bought more coins a long time ago! But, we took whatever risk we were comfortable with and now we have to get more people interested in trading goods and services for them.


Title: Re: Oh god what
Post by: epii on May 20, 2011, 10:02:18 AM
Sounds like you actually have 1/420th of the entire chain (http://forum.bitcoin.org/index.php?topic=6425.msg131291#msg131291).  Dude.


Title: Re: Oh god what
Post by: Anonymous on May 20, 2011, 12:51:48 PM
Sounds like you actually have 1/420th of the entire chain (http://forum.bitcoin.org/index.php?topic=6425.msg131291#msg131291).  Dude.
       
300 * 420 = 126000

Nope.


Title: Re: Oh god what
Post by: ribuck on May 20, 2011, 01:01:17 PM
Sounds like you actually have 1/420th of the entire chain (http://forum.bitcoin.org/index.php?topic=6425.msg131291#msg131291).  Dude.
       
300 * 420 = 126000

Nope.
Epii is referring to Legion's later post elsewhere (http://forum.bitcoin.org/index.php?topic=6425.msg131291#msg131291), where he says he found a backup with 46,850 BTC in the old wallet. (46850+300)*446 = approximately 21000000. Impressive!


Title: Re: Oh god what
Post by: epii on May 20, 2011, 03:37:25 PM
Sounds like you actually have 1/420th of the entire chain (http://forum.bitcoin.org/index.php?topic=6425.msg131291#msg131291).  Dude.
       
300 * 420 = 126000

Nope.
Epii is referring to Legion's later post elsewhere (http://forum.bitcoin.org/index.php?topic=6425.msg131291#msg131291), where he says he found a backup with 46,850 BTC in the old wallet. (46850+300)*446 = approximately 21000000. Impressive!
420?  My math was off on account of posting that at 2am, but you got the point I was trying to make.   :P