 How About That Gold coin?
Is it any good?
GoldCoin™ is the future. (  ) Check my signature in 30 minutes for a new video now being uploaded. 500 free goldcoins for watching! |
|
|
|
Its too complicated for newbie choosing, buying hardware and running mining, isn't it?
No. I think it's not too difficult even for newbies. |
|
|
|
 Everyone says that isnt worth the time to mine but why? I love this idea of mining and i want to get my hands on 3-4 USB Miners and start mining and selling contracs on ebay  If you want to have a chance at positive ROI you need to look here: http://www.coinchoose.com |
|
|
|
There were no enemies of bitcoin.
The real enemies are us here in forum, we the people collectively are the enemies of bitcoin.
We drive the price up and crash it back down. No one else can do it except the market.
We scare away the newbies, we make excuses to why the blockchain is not confirming, we don't provide solutions or a calculator to compute transaction fees, and much much much more.
In return they (savvy investors, mums and dads, and elitists) will punish "we the people" by ignoring bitcoins and then the value will plunge to zero.
The governments don't even need to regulate it, we will destroy bitcoin ourselves.
Don't forget we hack the forum and take it offline for days on end.  |
|
|
|
 I would like to add, that you could consider diversifying your portfolio. That is almost always a valid approach to investing in anything. I would take a look at Alt coins that you can buy for pennies. There are several that I think could be the silver to bitcoins gold. If you cant afford gold, silver is usually a good investment.
But there are so many worthless alt coins, and only few with some hope. For newbie it is better not consider putting money to alt coins It's depends on the individual and their objectives. I think for some that missed the 2010 and 2011 Bitcoin prices and want a chance to repeat that success, a few altcoins have that potential. If a person has the time to research and learn about a few of them I think it's a good idea. My advice would be to take a look at a few and to pick one or two to support. That's how I found Goldcoin in June 2013. |
|
|
|
you call this a currency?  ? hits $900 then down $300 joke This is only the beginning. The altcoins will save the day. |
|
|
|
Not enough. I follow my own advice and slowly average in over the long term. Consumers are here already and they don't use altcoins. Only speculators do.
Wrong again. There's an upcoming Bitcoin Magazine article featuring a painter that accepts Goldcoin for his artwork. We're still early here in the game. Welcome to the cutting edge of reality. |
|
|
|
 Let's not forget that the Bitcoin developer abandoned the project ENTIRELY and disappeared 2 year ago! The fact that you use cars to make an analogy with decentralized digital crypto currencies indicates that you have no understanding of what's going on whatsoever.
Consumers WILL look at these coins as brands just as they do Visa, Mastercard, and Discover. Go fill a patent before another brand or a patent troll steals your invention.
We welcome others to use it. It's something called "open source". |
|
|
|
If person A generates a bitcoin wallet address and has say 2 bitcoins and person B generates the same address, can Person B spend Person A's bitcoins?
Yes. Very unlikely. But shared addresses happen all the time when two people share the same wallet.dat. So for example you could have 10 BTC on one machine's wallet and 10BTC on another machine's wallet. But in reality you only have 10 BTC in total. |
|
|
|
 Alt coins so far add absolutely nothing substantial to the idea of a crypto-currency.
That's like saying BMW didn't bring anything substantial to the auto industry. Heck, we already had Fords. Your broad sweeping statement basically insults thousands of community members and software developers working to better their own individual cryptocurrencies. In the case of Goldcoin we've invented a 51% attack defense something not yet present in Bitcoin. And there are countless other innovations being introduced by other coins. |
|
|
|
They know once they have the infrastructure in place they can track every single transaction that a person makes, and in the process they would have eliminated "cash" the only true form of anonymity.
They may be able to track transactions that pass through their network but that won't be all transactions. |
|
|
|
 Anyone think the market will crash any time soon?
I think the price will settle back down to around $250 to $300 range after the above bubble pops. |
|
|
|
 #25. It's a gateway drug to altcoins. |
|
|
|
I'm late for Bitcoins, its just to expensive ($585.00) for me, so what would you suggest?
I think Bitcoin is just the beginning! What we'll see next is a recognition by consumers that alternatives exist, then a demand for these alternatives, then an integration of these alternatives into the existing Bitcoin merchant POS systems. Like Visa, Mastercard, and Discover, people will use different coin payment methods via a common POS device. Once this happens consumer demand will catapult the most competitive altcoins into the stratosphere. IMO |
|
|
|
2014 will be a ridiculously exciting year.
Yes indeed! |
|
|
|
You're not going to make a profit mining unless you mine a coin that goes way up in value after you mine it. Best to find a coin you could support and then get behind it and help out. The whole time mine it until your CPU turns to lava. |
|
|
|
 I believe prices of more than 250 are unsustainable and we will eventually get even lower.
This make sense to me. I think one of the major drivers of this will be the money spilling over to the altcoins. You can already see this happening with litecoin which so far is holding much of its gains. This trend is bound to expand as investors look to explore additional opportunities in other promising altcoins. |
|
|
|
Now it's at $550.00. This bubble keeping bouncing up and down. Pretty soon she's going to pop. |
|
|
|
Let's say that all Bitcoin exchanges unanimously decided today to ask $1 Million for 1 Bitcoin and kept that price
for 10 years, what would happen then?
The exchanges would go belly up and private transactions would be used for trading. |
|
|
|
I voted no. I think money will start spilling over to altcoins and hopefully take some of this bubble out of bitcoin. Based on what I'm seeing with litecoin this may already be beginning. As of this moment litecoin is holding its gains much better than bitcoin. |
|
|
|
|
Show Posts
