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July 05, 2024, 11:14:39 PM *
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161  Other / Beginners & Help / bitcoin Mining is not a good investment? on: July 05, 2013, 12:00:58 AM
As far as investigated, due the the bitcoin network will grow its diff levels if the blocks are generated too fast (faster than 1 blk per 10 mins), if so, the will that be necessary to buy ASIC to mine it yourself? What do you guys think? Roll Eyes
162  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: July 04, 2013, 11:51:08 PM
It's definitely possible. Since bitcoins are limited resource, but the prerequisites is that bitcoin are being accepted by most of the merchants and circulate in everyone's daily expenses.
163  Other / Beginners & Help / Re: Where will Bitcoin go on: July 04, 2013, 11:49:38 PM
Bitcoin has to be accepted by many merchants in order to set up it's currency role as well as stability. We'v been seeing people buying and selling for bitcoins only for investment, if this is not minimized, another ponzi.
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