Never heard of it before now.

Sounds like yet another tokenised fiat payment system with some bells and whistles like every other supposed 'Bitcoin killer'. As ever it's not the same thing at all. Maybe a Ripple killer but I've no idea how Ripple works so wouldn't know.

Your computer might cut it to mine an alt coin that you can exchange for Bitcoin. You'd need to check the altcoin section for that. There's a lot of info to wade through.

It's several years too late to use it for Bitcoin mining. It's moved on and the mining machines now are light years ahead.

There are dedicated Bitcoin miners for sale regularly on here. It's debatable whether you'd make the money you paid for it back from the coins it mines. Things move very quickly and there are giant outfits that do it professionally.

Interesting. I didn't realise there was a forum on there. He's a fella who likes to throw his money around so no doubt it's a legit offer. Got a ways to go until there are enough members for the offer to activate.

I was reading elsewhere that someone was getting 7% annual return on Bitfinex for lending out dollars.

I'm sure Bitfinex is lovely but it's also in a very far off land and not regulated or insured in any way whatsoever. Considering the level of risk I'd want at the very minimum one zero added to that annual return.

bittylicious.com takes card payments in Euros I think. There can be a bit of a premium but it works well and very quickly. I'm not sure a prepaid card will work though. Worth investigating.

I've seen a few around 0.4-0.5 BTC.

This leaked info is accessible by everyone. Ergo if you pay the 'ransom' there's nothing to stop 50,000 other people tapping the same info and demanding money too.

As for the OP, suing the internet will be just as effective, or rather ineffective. No one owns or controls Bitcoin.

Its implementation was too abrupt and too combative. It exposed some properly ugly attitudes on all sides and it hasn't done Bitcoin any favours in the eyes of those watching it.

Depends on whether you spend it all on other assets, especially ones that generate income.

A $1 million coin would mean that there was something ever so slightly wrong with the dollar so it would probably be the last thing people lusted after.

Sell some stuff or get a part time job. You'll end up with vastly more money.

Doesn't have to be the first to succeed but they must be feeling a little peeved that things aren't unfurled yet. If I'd been them I would've put something more modest into action just to get things rolling. Something more meaningful and useful than the Winkdex obviously.

$0-300 is still one hell of a story.

If there aren't already, there'll be one billion smart phones very soon. A lot of people in developing countries have skipped computers completely and gone straight to those.

If it can ever scale, one billion machines will be using it an awful lot sooner than a billion people will.

If I remember rightly the first, or one of the first, faucets gave away 5 BTC a time. They were probably worth about the same or less than what current faucets pay out, maybe nothing at all.

These days I can't believe people put such a low value on their time to spend countless hours clicking on them. Perhaps it'll result in a modest payoff a few years down the line. I think life is too valuable to waste that much time.

What possible use is gold in jail? It just sits there are twinkles. Drugs or cigarettes will get you the stuff you want.

Lots of Bitcoiners are into gold. It doesn't move me personally but plenty of folks have a balance of both.

That's going to confuse mindless motorists. They'll pull off and start asking people where Bitcoin is.

I want gold. I go to your site.

I can either pay with a credit card which costs me nothing or I can spend my Bitcoin of which there's a strong chance I've lost money on at this stage. If I want to replace the Bitcoin I've spent I have to pay fees to buy it again. Er, let's go credit card.

People might diversify into gold with it if they received a good rise in value. Other than that there's no incentive to use it.

For a decent length of time Silk Road was the only consistent and significant real world usage of Bitcoin.

You had stuff like Alpaca socks and so on back then but it was the first thing you could point at and say it was something Bitcoin could do that nothing else could in the same way.

Dunno about SR 2.0 or how many other dark markets there are out there now but I'm sure it's still a major contributor to transaction volume.