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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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181  Other / Beginners & Help / Re: help me choose a wallet on: November 04, 2014, 02:00:37 AM
To be honest I love having my bitcoins with me. My experience with Mycelium has been stellar. It's smooth and light.
182  Other / Off-topic / Re: Do you really earn more money because you went to college? on: November 02, 2014, 06:46:48 PM
I think it's a matter of what your goals are, if you are focused on business I think starting out as soon as possible is best and you can add book smarts WHILE you are already working in the real world (especially if you are young). That way you can add knowledge that is specific to what you are encountering in your line of work.

That said, there are some careers that you pretty much have to go to college if you want to pursue them, such as engineering or medicine. People want different things and that's ok,  but I don't understand how so many people think that just because they went to college they will automatically earn money magically after they graduate.
183  Economy / Economics / Re: What is causin Bitcoin loosing value this time? on: November 01, 2014, 09:08:10 PM
Because at the current rate about 3600 bitcoins are created everyday and the market quite simply doesn't show enough demand to keep up with so many new bitcoins being created. I think it will keep struggling until the Halving.
184  Other / Beginners & Help / Re: Hi!, me wanna try what is Bitcoin mining! on: November 01, 2014, 09:01:41 PM
Can I piggyback into this thread? I've been reading about mining and as I understand it it's not really profitable unless one has a big profesional operation going on. If that's true then how come so many people are still buying individual rigs for themselves?

It doesn't matter how large the operation is, it simply matters how much you paid for the mining hardware, how much you mine, and how much you pay for electricity.  A small operation that is more cost-efficient than a large operation is, well, more cost-efficient (duh).   You could have a small mining farm run out of a house that requires no additional security, cooling, electrical wiring, etc. that relatively outperforms a large operation using the exact same mining hardware because the large operation has additional overhead costs such as rent for warehouse space, security, cooling, custom wiring, etc.

Thank you very much for taking the time to answer my questions. You've given me lots to think about. 
185  Other / Politics & Society / Re: How Bitcoin will die on: November 01, 2014, 06:46:02 PM
To be honest the idea of Bitcoin dying seemed more of a possibility before the sidechains discussion started gaining traction.  I think if it turns into reality then Bitcoin will see another explosion in price (even more so if it coincides with the 2016 Halving).
186  Other / Archival / Re: Bitcoin Faucets, Are they worth it? on: November 01, 2014, 06:26:44 PM
Haven't faucets always been a waste of titime though? When they gave away larger amounts each bitcoin was worth less than a dollar. Maybe it might seem like a waste now and in the future it turns out to be worthwhile
187  Other / Beginners & Help / Re: Hi!, me wanna try what is Bitcoin mining! on: November 01, 2014, 06:14:54 PM
Can I piggyback into this thread? I've been reading about mining and as I understand it it's not really profitable unless one has a big profesional operation going on. If that's true then how come so many people are still buying individual rigs for themselves?
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