no one is talking about scrypt or ASIC's. I already have a pci-e enclosure with GPU's and am once again tinkering
Not talking to you, talking to the OP: In case you didn't notice, that OP was posted in Oct 2013... Yea, just noticed the necro, thanks.
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no one is talking about scrypt or ASIC's. I already have a pci-e enclosure with GPU's and am once again tinkering
Not talking to you, talking to the OP:
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This place looks like a sacred topic... lol.
Well a million dollar pizza is what makes it sacred ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) As per now price 10k btc = 2.4 mil usd So for his two pizza's that means 1.2 mil a pizza ? Damn! BTC peaked at around $1,240 in Dec 2013 ( BTC10,000 x $1,240 = $12.4mil) This would have made them $6.2mil each back then ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Today's price is still epic but in December 2013 it's unreal!! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) $6.2 mil each That's even more messed up Poor guy laszlo Believe me if laszlo or any of us had a Hot Tub Time Machine we'd all buy all Bitcoins existence in 2009 before that 2013 bubble. Unfortunately(Fortunately?), that's how hindsight works. Don't worry for him or for us, we'll get there and beyond, just need a bit more marinating and cooking in the dev/invest/adopt kitchen.
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Voted for $750-$1500, just as a pure guess. Realistically, we'll have to surpass $400 first, since we're still in this $350-$400 sideways pattern.
Once we break this $400 price again and the COIN ETF launches all bets are off.
So far this first quarter I've been WAAYYYYY OFF! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) NO fear, I stick to my word for better of worse, as we still have alot of good things in the pipeline that could potentially give us the price spike we need. Have yet to see the NY Bitlicense pass, the aftermath of the 50000 BTC SR auction, the Gemini launch, the COIN ETF launch, and more and more to come.
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If Bitcoin makes a person mentally ill, count me in as crazy for cocoa puffs! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.perezhilton.com%2Fwp-content%2Fuploads%2F2014%2F06%2Fcrazy-eyes-gif.gif&t=663&c=L7LncRBYHVJ0Dw) Then again, one could make the argument I was deranged before Crypto took a hold of me. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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USB graphics card mining? Sure, first you'd need to.....UHM NOPE. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs.quickmeme.com%2Fimg%2Fd7%2Fd78ed1fcb4f7e17e19a38450d5c8643f8c8cc492ceb2fc76abd65f309ac90eaf.jpg&t=663&c=ZywZOrkhXzUpyg) Sorry to say, you'd need an actual graphics card with a GPU to even mine the lowest difficulty alt coin, let alone Bitcoin. The days of home mining on your home PC for anything greater than dust amounts is pretty much over. You need something like this to even compete: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.thecoinsman.com%2Fwp-content%2Fuploads%2F2014%2F08%2F40-1X33zo7.jpg&t=663&c=6j1wCQfVIHhFxg) It really isn't a level playing ground unless you have mining farm access. Cheap ASIC equipment, cheap electricity, cheap hosting facility, the whole niner.
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I don't really see or get all the hate for Bill Gates. If it weren't him pushing personal computing and Windows GUI in the 80s and 90s, users of Linux and MAC OS'es would still be the in the dinosaur text based age.
I have to remind you that GUI was Xerox's invention and it was Steve Jobs who was among the first to see the potential of Xerox mouse-driven graphical user interface (read about the Apple Lisa). And that was years before Windows. Semantics, both Jobs and Gates ripped off Xerox template. Gates took PC's to the next level with Windows 95, and soon after everyone followed suit, even Apple. Jobs and Gates with all their differences, actually collaborated quite a bit during the early years. You can't just dispute Gates historical importance. His ability to break ground for the PC both for home and business was unparalleled, and helped bring technology to where it is today. I beg to differ. It was IBM actually who was behind the scenes. It had been their decision about opening IBM PC's specification that "broke ground for the PC both for home and business". And once again I have to remind you that Windows 95 should have been IBM's OS/2 but for Bill Gates' treachery (at the times of Windows 3.0). Ehh, I'm not really reading about any treachery on Gates part. It seems OS/2 was IBM's own fault and demise: http://en.wikipedia.org/wiki/OS/2Basically IBM's vision of OS/2 wanted to close source it strictly to IBM machines, and Gates wanted Windows 3.0 to be an open hardware OS, independent of manufacturer. Also Windows 3.0 was more device driver friendly, more future proof, and application friendly than OS/2. Gates didn't hijack, sabotage, or steal anything from IBM. They had a business relationship, they had a strategic differences, and they parted ways soon after. IBM screwed themselves in this regard, OS/2 was closed off and blew chunks, and them failing had nothing to do with Gates. IBM and Microsoft signed a joint development agreement in 1985 to co-develop OS/2 as a DOS successor, which the latter broke in 1990. The primary reason was popularity of Windows, which at that time was a simple graphical add-on to DOS, inferior to OS/2 but easy to use and compatible with the huge base of legacy DOS software. It was sheer profit from Windows that made Gates break the agreement with IBM, not their "strategic differences" or whatever else is written in Wikipedia. You're letting your unwarranted hate for Gates cloud reality dude. IBM has always been IBM's worst enemy, not Gates. Instead of trying to fault Gates for the downfall of IBM's OS business, see history for what it is. IBM is always behind the tech curve when it comes to innovation and opening it's architecture behind closed doors: http://www.nasdaq.com/article/4-ibm-blunders-that-gave-big-blues-competition-the-edge-nyse-ibm-cm443432They basically handed the OS monopoly to Bill Gates, they have no one to blame but themselves...
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Hey if Famos Amos can own some Bitcoin, then everyone should have a little something something too: https://www.youtube.com/watch?v=rAfOCqgS8gsWarren Buffett is at the point in life that owning Bitcoins for his purposes or businesses doesn't make sense. Guy wipes his ass with hundred dollar bills...
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I don't really see or get all the hate for Bill Gates. If it weren't him pushing personal computing and Windows GUI in the 80s and 90s, users of Linux and MAC OS'es would still be the in the dinosaur text based age.
I have to remind you that GUI was Xerox's invention and it was Steve Jobs who was among the first to see the potential of Xerox mouse-driven graphical user interface (read about the Apple Lisa). And that was years before Windows. Semantics, both Jobs and Gates ripped off Xerox template. Gates took PC's to the next level with Windows 95, and soon after everyone followed suit, even Apple. Jobs and Gates with all their differences, actually collaborated quite a bit during the early years. You can't just dispute Gates historical importance. His ability to break ground for the PC both for home and business was unparalleled, and helped bring technology to where it is today. I beg to differ. It was IBM actually who was behind the scenes. It had been their decision about opening IBM PC's specification that "broke ground for the PC both for home and business". And once again I have to remind you that Windows 95 should have been IBM's OS/2 but for Bill Gates' treachery (at the times of Windows 3.0). Ehh, I'm not really reading about any treachery on Gates part. It seems OS/2 was IBM's own fault and demise: http://en.wikipedia.org/wiki/OS/2Basically IBM's vision of OS/2 wanted to close source it strictly to IBM machines, and Gates wanted Windows 3.0 to be an open hardware OS, independent of manufacturer. Also Windows 3.0 was more device driver friendly, more future proof, and application friendly than OS/2. Gates didn't hijack, sabotage, or steal anything from IBM. They had a business relationship, they had a strategic differences, and they parted ways soon after. IBM screwed themselves in this regard, OS/2 was closed off and blew chunks, and them failing had nothing to do with Gates.
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I don't really see or get all the hate for Bill Gates. If it weren't him pushing personal computing and Windows GUI in the 80s and 90s, users of Linux and MAC OS'es would still be the in the dinosaur text based age.
I have to remind you that GUI was Xerox's invention and it was Steve Jobs who was among the first to see the potential of Xerox mouse-driven graphical user interface (read about the Apple Lisa). And that was years before Windows. Semantics, both Jobs and Gates ripped off Xerox template. Gates took PC's to the next level with Windows 95, and soon after everyone followed suit, even Apple. Jobs and Gates with all their differences, actually collaborated quite a bit during the early years. You can't just dispute Gates historical importance. His ability to break ground for the PC both for home and business was unparalleled, and helped bring technology to where it is today.
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I don't really see or get all the hate for Bill Gates. If it weren't for him pushing personal computing and Windows GUI in the 80s and 90s, users of Linux and MAC OS'es would still be the in the dinosaur text based age.
Competition is good, and if he didn't make his contribution, y'all ingrates would be still typing a million characters to open a browser....
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Okay I'll do OP's job for him/her. http://www.coindesk.com/bitcoin-headlines-bad-news-fatigue/Man, can't we just catch a break from all these tiring headlines of hacks and thefts and bad actors. Price continues to slope downward yada yada yada. Things are so bleak, it's like we're becoming so numb from all the bad press. What are your guys thoughts? Is the continuous bad news taking it's toll on you also? ....See was that so hard?
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NO matter the downtrend, the bad news, and obvious disdain and dismissals by the tech giants, we gotta keep HODLING! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FIvffYeV.jpg&t=663&c=pzTA1ihjDhafBQ) It's just a matter of time before things turn up in our favor. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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We need to encourage use of Bitcoin not just trade or hoard. All of us should use Bitcoin everywhere we can instead of fiat and that would most possibly speed up bitcoin race to becoming mainstream payment processor. If wordpress had lot of bitcoin income they would not remove that option.
No. What you should do is convince others to buy Bitcoin. If each one of us just convinced two people (friends/family/unattended children) to buy Bitcoin, the price would skyrocket because math. Lamby encouraging people to buy Bitcoin?!!? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Now I've seen it all here in Bitcointalk...
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This thread just reminds me of the wealthy elite thread that's still ongoing: https://bitcointalk.org/index.php?topic=12156.0Elites and Non-Elites can get in Bitcoin together now. Once that happens, we're all considered "Wealthy Elite"!
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Bitcoin just like dollars will always be for everyone. Some people will always have more of both dollars and bitcoin. With that, they will exert more control. I guess you could say Bitcoin is for both the new elite and everyone, not just one or the other.
Are you saying that the elite is not part of everyone? Yes they are, but everyone is not a member of the elite. Then you can't pick “just one or the other”, as you said. Either it's for the elite, or it's for everyone (including the elite). Here, I'll settle your argument for both of you. Elite = 1% Everyone = Elite 1% + Non-Elite 99% So not everyone is part of the 1%, but for Bitcoin, it applies to the 100%.
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Bitcoin and Crypto in general is still a very experimental unproven currency and payment option.
BS. It's very well tested and proven. How so? I want Bitcoin to succeed as much as the next person, but it's not quite on the same playing field as fiat or the credit card companies as a payment methods. Bitcoin is nowhere near as fast as fiat or credit/debit cards for microtransactions, and for larger payments...well you have the wait for those confirmation times. I know credit/debit cards fully process in a few days, and there's always for chargebacks etc. That said, Bitcoin just isn't that fast as them when it comes to point of sale.
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Of course there are girls/women that use Bitcoin! Do women use money also?! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) A few that come to mind are Bitcoin Girl, Naomi Brockwell: https://www.youtube.com/watch?v=XEthXBHsEac![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.cryptocoinsnews.com%2Fwp-content%2Fuploads%2F2014%2F07%2Fbitcoin-girl-naomi-brockwell.jpg&t=663&c=JeGgUSsA67jqMA) Elisabeth Ploshay ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.ytimg.com%2Fvi%2FXwOaNNdxekY%2Fhqdefault.jpg&t=663&c=BcgjqiKgUDpBHA) and Perianne Boring, host of the Boring Report: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Flcxh3vu.jpg&t=663&c=zbq3oaqY-7_FmQ)
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Hahaha you must be outta your mind to think we'll click on those links. Yea.....I think I'll pass. Good effort though! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.quickmeme.com%2Fimg%2F48%2F4825a116ae2b149ad6ae3557330838fab79c7945be20e309210fa885d7f3a923.jpg&t=663&c=8jj28RpCu0uNGg)
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