Every single chinese speculator who bought bitcoins at any price is sitting on profits, some of them massive profits.
100% of them!!!
Except the trading noooooooob on GoXBTC who paid 22,213 yuan per BTC or $3,600! https://www.goxbtc.com/ This must hurt. Not enought coins at exchanges, we need more bear talk I guess |
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I dont think the big correction comes soon, still the demand is high and adoption continues, 11/15/13 we might even see $500+
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The value of each crypto coin will ultimately be determined by the number of transaction we see in the system so it's important to get stores using them to get them in circulation.
Its already this way and will continue. Bitcoin is not better than other alt-coins, it is just most used, best merchant support, biggest development team and highest hashing thus most secure. That is what gives Bitcoin such value |
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Bitcoin gambling will overtake the traditional gambling industry with all their pointless gaming commissions, ridiculous government regulations and unjustifiably high credit card/wallet commissions. When that happens, provably fair gambling alone should drive the price to about $4k, considering the online gambling industry right now is about $40bln with all the constraints forced around it.
I have to agree, but it will take longer. Current Bitcoin poker clients have long way to be competetive with PokerStars client |
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I might try, but you have to give some hint to these 10 digits random characters/digits
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I expect we will see $100 again within 6 months.
Very likely, the price volatility is very high, so very likely Can happen tommorow as well if bears mass sell |
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Can anyone recommend the best mining tools out there?
I can recommend KNC. I received the unit and it is hashing bit faster than they promised But cost is high for buying today and you have to wait over month to receive |
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My new MSI n9600GT wont mine faster than 1.1 Mhash/s... Ive tried with new drivers and stuff but it dont seem to work :S Can anyoneone give me a heads up or something  ? Sorry for being noob ! Mining hardware comparison - Bitcoin https://en.bitcoin.it/wiki/Mining_hardware_comparisonShows it should mine above 10 Mhash/s, unless you have notebook version ? |
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What are you guys thoughts?
Good luck The difficulty is raising so fast you will be lucky if you find another one solo mining with this. It is interesting in theory, but not funny when you mine 0 BTC in one month  |
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At current pace it might hit $300 this month easily.
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I have bought bitcoins at localbitcoins and I'm now looking a way to buy much more without having to pay a premium, seems like buying in an exchange like bitstamp is the way. Is there an exchange which don't ask for verification (I.e: upload identity documents).
Im afraid, but exchanges when dealing with USD requires ID verification to comply with antilaudering laws. You migh try look at Markeplace section for someone selling btc, but use escrow |
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But what about Pokemon, did everyone forget about it?  But it is not video game, just board game |
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To all the people saying 2^256, please know that it's actually 2^160 to brute force a bitcoin address. You don't need to find the exact private key, you just need to find another key which collides with the hash to form the same address. Did you know that for any given bitcoin address, you can expect there to be roughly 2^96 different public keys which are valid for that address.. and so you just need to generate *one* of them to be able to spend from that address.
2^160 is 1,46e+48. Good luck even if you bruteforcing 1000s of top addresses with dedicated asic units and your own power plant  |
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It's (to me) more plausible that they are just incompetent and lack the manpower/skills to produce more units at a faster pace. Again, just my opinion.
Really, once they had the designs ready, why didn't they have the units built in China instead of making themselves? It's like Apple making iPhones themselves, by the time the iPhone 5 was announced they'd still be working on the backlog of iPhone 4 orders.  Maybe because they didn't want the chinese to steal the technology. The stuff that makes up an iphone is largely off the shelf. To the degree there are any really high end proprietary components inside I bet they are not manufactured by just any random cheap chinese contract manufacturer... Chinese have the one of the worst track records in the world for stealing technology and IP The chip design itselves is the most important technology and is produced in china. And whou would steal 55nm consuming over 4W/GHs design? Pretty bad design, considering on market are 28nm consuming under 1W/GHs |
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Send 585 bitcoins to my wallet and we will get the title transferred over into your name.
 Good luck if you really think it works this way |
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