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If you can earn more than what you spend then yes, it's worth mining, any time.
ASICs can become useless in relatively short time so you need to speculate on the price to get an idea of the return. Also factor in *estimated* delivery date and difficulty.
I would stick to GPUs on alts, better availability and resell value
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You’ve reached your limit of free Spectator articles for this month Oh well! I can live with that! Author is a troll anyway, probably posting in /b/ while writing nonsense |
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Talked with one of my Indian friends half an hour ago. He is claiming that the authorities want to ban Bitcoin transactions, as they fear that the tax revenue can go down! He claims that the authorities have already got some solid proof that large amounts of money is being moved from foreign countries to India, using BTC transactions. What a stupid argument? They are already creating a list of people who are likely to have BTCs in their wallets. Let's wait and see what they are going to do.
Is there a reward for reporting people? ROFL Politicians must be really stupid over there if they think they can ban bitcoin |
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Just let everyone live where they wish.
While Immigration is great and a vital part of most economies, you can't just say to everybody in the world that they can come and live in your country. Why not? Seriously? So billions of people can emigrate to a tiny island and the infrastructure and services wont buckle and will continue to work fine? If your nation starts to buckle, why would anyone want to live there? Is this the island of free blow jobs? For the reasons people normally want to live in the places they emigrate to. If the conditions are not the same immigrants will change again. I find absurd I can't decide where I can live my life. For example, I can't *work* and live in the US because I don't have a green card, I can participate to a lottery to have one. Is this a fucking joke? |
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This whole idea is useless, 99.9% alts are made to make profit quickly, aka pump-and-dump.
Making a "foundation" doesn't make any sense, if there is something good about an alts everybody can objectively recognized it.
I haven't seen one in months
LOL.... this is why we need a standard. We are not stopping anyone from mining, selling or owning scam coins, just helping others make a "safer" investment in alt coins. Only idiots can throw money at something they have no knowledge about, no standard can help idiots Look at the passwords people use. Do they know they have to use a strong long password with a mix of chars numbers and symbols? Yes but they don't |
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Personalmente non credo sia un problema, adesso siamo nella fase iniziale e ci troviamo di fronte ad un mercato altamente volatile.
Alcuni continueranno ad utilizzarlo come riserva mentre altri non ne avranno piu' l'incentivo.
Devi tener conto che bitcoin puo' essere utilizzato per combattere l'iper-inflazione, guarda l'Argentina per esempio.
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Ok so it's all based on the fact that you believe that "Bitcoin will eventually rise above their purchase price". You invest capital, you borrow it in another form (BTC) and you hope for the best. In the meantime you use the new capital to make some profit somehow and decrease the possibility to have a loss. Is that what you are saying?
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If you look at bitcoin this way I think you can compare it with linux and all the different "forks"
not sure about the market cap there but I am pretty sure on server side it must be quite large.
But I don't really understand what you are saying..
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This whole idea is useless, 99.9% alts are made to make profit quickly, aka pump-and-dump.
Making a "foundation" doesn't make any sense, if there is something good about an alts everybody can objectively recognized it.
I haven't seen one in months
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Not much time to read Peter Wynn twitter, who is he btw? How this thing started?
Bitpay hacked will make bitcoin swing much more than $30
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Agree, they look beautiful and really well produced. Do you already know the price for the new version with the public address? To bad I am in EU and I can't participate to this  |
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There is an alternate way to address volatility in bitcoins. That is to use it as a promissory note.
For example, I may work at the local food co-op. I will sell bitcoins to our customers at a certain price, such as $750 / BTC. I know which of the bitcoins I sold to them, and they will of course segregate those bitcoins into an "account" with the name "food co-op"
When they come in to purchase, if they pay from an address that had our address as the input, that coin is credited at $750 / BTC in the purchase.
Everywhere else, this bitcoin is just an ordinary bitcoin. If the price starts to rise, our customer can spend the bitcoins where-ever they wish. If the price falls, they are protected from the volatility. We are also protected, since we sold them at that price in the first place.
This is exactly what my company does, except for an initial fee. Thus people are protected against negative volatility, we make a modest profit (we also offer many other things, most of which are also modestly profitable), and the world is happy. What is your good/service area? Have you modified a client to help you with tracking this? I don't get it. You buy bitcoin from the market let's say at $950, then you sell at your customer for $1000. Your customer can spend their bitcoin freely or spend them to your "store" for a $1000 value. Let's say the price goes down to $500, customers see an advantage now at spending $1000 in your "store" and you get the BTC back. Now, are you protected from the volatility? |
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The payment protocol improvements for 0.9 should be ideal for helping Netflix adopt Bitcoin.
How. Will they be able to set up recurring payments? The customer would need to be reminded and approve renewal, but the payment request makes the process more straightforward and flexible. https://github.com/bitcoin/bips/blob/master/bip-0070.mediawikiWallet improvements would be required for fully automated regular payments. That's true, it's a step forward but we need a better contract implementation, like holding funds somehow (i.e. break the contract at any time if the balance of a given address if lower than the next subscription value) Max Keiser is losing lately, not really sure about credibility anymore after quark flop |
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I voted: 1 - 19% chance
Expectations for 2014 are really high, if we see a crash it will be later this year, maybe q2, unless a bubble is just around the corner, you never know!
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Thanks for creating this. Very useful if you want to track not only BTC but securities as well.
I hope you can add alt coins, with that it should be pretty much complete
I will give it a try
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not really clear how this is going to work but at least some effort put on logo and thread with specs. is this a way to gamification?
no code tho, keep us posted
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7970 is slightly better but I don't recommend xfx
gigabyte and sapphire are much better, also with gigabyte you have 3 years warranty
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So you are saying that Snowden shouldn't reveal any activity which could cause diplomatic issues?
In part I agree with that because it could lead to much worse events but at the same time I don't think it's fair.
That's what they do and we all imagine that but they shouldn't leave a trail behind them.
Now they must pay the consequences
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Don't mine on your laptop or you will break it rather quickly.
Sorry :-)
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