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Have 1.5BTC to sell for Amazon post or message me your offer.
Escrow is welcome.
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still have vanilla reload, I will trade for it with bitcoin. just let me know
Are you an alt of OP? |
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Does A have the BTC symbol?
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Very Good Guy! i met him last night in NYC (at the bitcoin center) buissness was conducted profesionally, fast, and securely. would definantly do buisness with him again. to bad he goes back to europe!
Sure you did. haha...why would i lie? and why would i waste my time to say i did? yea... i met him. he sold me coins. he doesnt speak english. he asked me to give him some feedback, and i did. u come out of left field talking bout "sure u did" im just not sure why, or what u get out of it by being such a sceptic. he was good peoples... i want more good peoples looking to do buisness....therefore i give him good reviews. Jerk..... Legit. |
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Very Good Guy! i met him last night in NYC (at the bitcoin center) buissness was conducted profesionally, fast, and securely. would definantly do buisness with him again. to bad he goes back to europe!
Sure you did. |
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so 1000 for 1.6 th is now over priced?
It would take months to make that 1k back, so yes. And it would take more than that many months to make back the $1200 you'd spend for the same hashrate on new S3's. That is if you were able to get them now and not wait until the next batch ships on 9/20. So, care to add any other useless info to this thread? Whats your point? Neither are worth it? I agree. |
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so 1000 for 1.6 th is now over priced?
It would take months to make that 1k back, so yes. |
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I mine and sell instantly, I guess I'm stupid...
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You're not in. Read the op. Only Snrs and above are now unfortunately.
Thanks, I will remove the signature now. |
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Can someone please link the post with the list of members still in?
I would like to see if I am still in the PD campaign before I go the whole month with his signature.
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Everyone loves bitcoin on these forums more than life its self. No one can think straight
with bitcoin fever.
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So essentially there is no real life need for bitcoin except to make a profit
buying/selling.
I may be wrong but I believe the majority of people that use bitcoin are just buying and selling for a vig. They don't buy bitcoins
because they need them to survive. Make sense?
I disagree. I bought an LED flatscreen TV with bitcoins from TigerDirect. I bought a telephoto lens for my wife's Canon DSLR with bitcoins from Overstock.com. I subscribed to the Chicago Sun-Times with bitcoins. I know of many others that are "using" bitcoins for much more than just buying and selling for a "vig". You are welcome to your own opinion on the matter, but it would be foolish to believe that this entire bitcoin economy could be built on nothing but speculation. There are people who are working and earning their salary in bitcoins. There are business that provide products and services for bitcoins. While you may not have exposed yourself personally to more than mining and selling for a fiat profit, the bitcoin economy does not depend on or need your assistance. Do you mind telling me how you acquired those bitcoins? So you bought a few items for your pleasure, how was that a necessity? I also believe in the idea of bitcoin, I just don't see how it can thrive going into the future when mining isn't profitable. I would love to see someone try to live off of bitcoins for a year. Only problem is I know it's impossible. You can't pay your taxes with bitcoin. Shit where I live I can't buy ANYTHING with bitcoins offline. I get I'm talking about everyones beloved child bitcoin here but lets be real for a minute. There is no bitcoin without fiat. |
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How is it logical to mine bitcoins at todays price profitably?
We saw a 20% increase in difficulty and its only going to get worse. Mining
consumes to much power and imo won't be worth it (even for deep pockets).
Maybe I am missing something but how people continue to mine with the price dropping and difficulty rising? I
do have a terraminer running and I'm about to take it offline, so please someone convince me its a bad idea to stop
mining.
I think you got it backwards. Miners set the rates. They are the only ones who create new supply! I don't think you understand, miners don't set the price fyi. Otherwise the price would be thousands per coin. Sellers set the rates. If everyone agreed not to sell their bitcoins for less than $2000/BTC, and if nobody cheated and sold for less than the agreement, then buyers would be forced to pay $2000/BTC if they wanted bitcoins. This would cause the current bitcoins exchange rate to immediately become $2000/BTC. If sellers are willing to part with what they have for less, then the exchange rate drops to whatever they are willing to sell it for. My point is there is so many bitcoins in circulation that miners can't control the price. They can decide not to sell for todays rate but I fail to see how that would increase the price. Most of the price jumps were new investors buying in to make a profit, not use the coins on a day to day basis. So essentially there is no real life need for bitcoin except to make a profit buying/selling. I may be wrong but I believe the majority of people that use bitcoin are just buying and selling for a vig. They don't buy bitcoins because they need them to survive. Make sense? |
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How is it logical to mine bitcoins at todays price profitably?
We saw a 20% increase in difficulty and its only going to get worse. Mining
consumes to much power and imo won't be worth it (even for deep pockets).
Maybe I am missing something but how people continue to mine with the price dropping and difficulty rising? I
do have a terraminer running and I'm about to take it offline, so please someone convince me its a bad idea to stop
mining.
I think you got it backwards. Miners set the rates. They are the only ones who create new supply! I don't think you understand, miners don't set the price fyi. Otherwise the price would be thousands per coin. |
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How is it logical to mine bitcoins at todays price profitably?
We saw a 20% increase in difficulty and its only going to get worse. Mining
consumes to much power and imo won't be worth it (even for deep pockets).
Maybe I am missing something but how people continue to mine with the price dropping and difficulty rising? I
do have a terraminer running and I'm about to take it offline, so please someone convince me its a bad idea to stop
mining.
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Let me know. You are from ?
He said hes from Australia, hope it helps. |
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I highly suggest you talk to someone with a clue, seriously.
~BCX~
You are so nice. |
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Starting this month at 162 for a post count.
*lost track last month so posting here for future reference.
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I think the actual number of people that use bitcoin is low compared to the number
that have heard about it but for whatever reason doesn't get involved. I think we have .01%
right? Not very many...
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