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1  Alternate cryptocurrencies / Altcoin Discussion / Re: NVC giveaway !!! Trade it, use it, enjoy it. Only 2nd after BTC by price on: April 03, 2013, 06:53:33 PM
lets try it out, nvc seems like a sweet investment atm

4bEuFo1gxFvUTXfmLM9quEiRoXmZT4kMMW
2  Other / Beginners & Help / Re: What if the government starts hoarding BTC? on: April 03, 2013, 11:49:44 AM

governments destroy by regulating.   like the poker sites.....

Thanks!


Bitcoin will destroy itself

Bitcoin requires permanent feed of Energy
USD does not

what?
Well destroy might be exaggerated but what I'm saying is that Bitcoin requires an permanent stream of ingoing USD/Energy to keep it alive and well, USD's don't need that at all (gold neither for that matter)

Like mentioned elsewhere on this forum, Energy is the 'anti-value' of bitcoin

PS: this doesn't mean the BTC price in USD can't go up from here

If you mean energy to mine a bitcoin if it rises it would just rise the price of btc again. Not make it impossible to mine and shut it down.
3  Other / Beginners & Help / Re: How do I get posting rights ? on: April 03, 2013, 03:39:35 AM
1 less post for me hehe
4  Other / Beginners & Help / Re: What if the government starts hoarding BTC? on: April 03, 2013, 03:32:53 AM
*puts tin foil hat on*

hahahaha i wear it doble layer, cosmic rays are strong lately..

No but seriously, it makes sense, it wouldn't be the first time the media is used for a purpose, is it?
5  Other / Beginners & Help / Re: ASIC and other newb questions on: April 03, 2013, 03:30:37 AM
Avalon have not scammed people and has delivered ASICS already, however since they know this they have scammed in the sense of pumping next batch prices up ridiculously.

Yes 1 GHash=1000 Mhash (or 1024 whatever)

I am not a miner, but maybe you could use that GPU to investigate mining alternate cryptocurrencies such as LTC which is gaining strength lately.
I doubt you will make much money out of just 1 card (you could check see if you can find the hashing power of your card and then with a mining calculator get a figure of how much you could be earning), but you can get to know how it works hold coins and if LTC continues to rise who knows hey? maybe you will make a lot of money. Just remember the hashing power for won't be the same for btc than for ltc, this will be much lower due to the different characteristics of them, i felt into that the first time and thought omg im gonna get rich!

So yeah make sure you find the script (ltc) hashing power of your gpu, it will normally be expressed in KHash.
6  Other / Beginners & Help / Re: How do I get posting rights ? on: April 03, 2013, 03:16:10 AM
5 posts plus (I think) 4 hours of "total time logged in."  I also think you must be actively searching the forum in order to accrue time. 

Exactly, i think if you take more than 9 minutes between clicks it won't count the time elapsed.
7  Other / Beginners & Help / Re: What if the government starts hoarding BTC? on: April 03, 2013, 03:13:30 AM
I think if they wanted to destroy it they could do it easier by making some massive propaganda about how bad these anonymous currencys are and how they are used by terrorists and are a threat to children, then pass a law to forbid them or destroy the concept in another way whilst many people will have been brainwashed into disapproval of not just btc but any other alternate cryptocurrencie existant or to be created.
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