you can literally sell your ghs back at the cex itself - and keep the mined btc ,dvc, nmc, ixc coins.
With new asics that are 2-3x more powerful for the same cost - won't you lose 2-3x of your old ghs price? thats why you may want to sell before that and buy again after they have become common and price drops. Once ASICs become common and price drops, I plan on buying ASICs. Still waiting, though. It might be quite a while before the Moore's law reaches its limit. Moore's law isn't a nature's law or something. It's just an observation that happens to work for now. Just saying ... |
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This community is digging its own grave by talking against the dollar or governments or the gold or against anything for that matter.
I mean 99.99% of the people that are into bitcoin they just want bitcoin to succeed. We don't want something else to fail.
If in the way something happen to fail then so be it.
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Steps two and three are not necessary because they are selling their miners for more bitcoins that they can ever mine.
Wow, is this a recorded message or something? Yes this is a recorded message because the concept of difficulty is not so easy for newcomers and they fall victims of companies selling the asics at outrageous prices. If you have another opinion about asics i 'll be glad to hear it. Oh and noone cares how much a random like you bought some usb miners. We are talking about what usually happens. |
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sure the problem is that they have not been used before in money denominations so it seems strange to people. But people will just call them millies or whatever and not even think about the fact that the name is a derivative specifying a fraction of a bitcoin. We are deflationary so we are moving in the opposite direction.
The fact that people are not used to that before it's big deal before bitcoin has so many aspects already that people find strange. We don't want to constantly add more |
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You may download some of the lightweight wallets like multibit that they sync with the network in seconds.
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Litecoin is fine, the problem is the other 25-hundred other useless alts.
If you are on the alts thing then you can't just say litecoin is fine but others are not. You either believe that there must be only bitcoin or there isn't any logical limit to one or two more altcoins. |
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I feel its a false story used by the elite to discredit the real Satoshi
What the elite will gain if they discredit satoshi? Satoshi created bitcoin but he doesn't own it or something. iirc reading he owns at least 1.5 million coins Yeah that haven't moved them for like forever. And i don't think that he will ever do. |
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2) the transaction balance showed up as minus 11 cents (yes, I tried to transfer the entire amount).
Those 11 cents was probably the 0.0001 BTC transaction fee |
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Are the follower real people or just sockpuppets?
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You can't mine with google glasses so i 'll pass  |
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Are you by any chance use the same unsername and password with a forum account here?
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Consider that there are multiple ways to make money (or lose it) on Bitcoins.
1) Buy & hold
2) BTC currency trading
3) Mine
4) Lease mining hardware/run a pool
5) Sell mining hardware
Actually only the first one is a valid reason to make money. The rest are for losing. |
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This have been discussed many times already and that's why there are so many people around suggesting to move the price to mbtc.
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Good news and bad news. I found my coins! Block chain!
Bad news is I didn't have as much as I thought! Got 0.75btc. Sill only paid about £10 so it's a considerable profit!
That leads me on to my next question... To turn it in to GBP can anyone recommend a website for me to visit to research to make sure I get the best possible deal?
Why you want to turn them to GBP. Haven't you learned anything already? |
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I feel its a false story used by the elite to discredit the real Satoshi
What the elite will gain if they discredit satoshi? Satoshi created bitcoin but he doesn't own it or something. |
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I'd like to predict things, but that stupid Google Trends thing seems to always start lagging by 4-5 days just when things are getting interesting with Bitcoin. It did the same in April. Anyway, I too am still expecting a downward trend, though by the looks of things this time it's not going to be a sudden crash but some kind of jittery and fidgety long-term fizzle, which is probably better in terms of maintaining the confidence of most newcomers - we don't want flashcrash type evolutions that scare the newbies away because we want their money after all. A downward trend will trigger flash crashes and flash rises. The market depth is not enough for things to be stable. |
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We blame the ASIC producers, but it is demand from the mining community that fuels this arms race that we are all in.
Demand can't go down because the asic race is a race against time. It 's not like pre ordering a gpu so you can play your favourite game. Having an asic 2 month later might be the difference between positive roi and not. |
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That... is pretty fucking stupid.
Well something like that happened just 2 days ago for thousands of bitcointalk.org accounts. Ofc it was a dns server side hack but still anyone can fall victims of hackers no matter how clever they think they are. |
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I don't think there's anything wrong with patents, I think a company should reap the benefits if they pour a lot of their resources into R&D. But patent trolling and generally any abuse of the system is very abhorrent behavior and should be reigned in.
Patents in some cases are dangerous like in the pharmaceutical businesses where companies don't initiate research if the potential outcome-drug don't qualifies as easy to be patented. |
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