Probably trying to get passwords for accounts, to sell. Or some other password-related shit.
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I'm using bitbond, at the moment. And am considering BTC-jam. So far, I've gotten a total of 21% return, mostly from that one time I lended out to loan with USD as base currency. I gave them a few mBTC when the price was 270, they paid when the price was 220 (i think). I have a few investments that are bitcoin-based, and one USD-based. I've been using bitbond for abut 2 months, now.
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Money can be faked. It's just paper. Much less safe than software.
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Now people are complaining that BTC won't give them more money, so no one will buy it.
When volatility is the rule, they complain about volatility, when it is stable, the complains are about stability
meh
People are never happy. I think that's a fact. Sometime it's a bad thing (constant complaining). Sometimes it's a good thing (every single technological advance ever). I'ma glass half full kinda guy.
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I'm in the US at the moment, I dont think we have VAT, or an equivalent. I dont know about my home, but the state I'm in averages at $0.17 kWh, residential rates. I was running numbers the other day, and I was thinking of running a solar-powered bitcoin rig, taking advantage of the fact that I'd be getting more intense sunlight there than where I'm currently at. I also happen to have the landlord's permission to rig solar panels up permanently. He's a very good friend of mine.
I was thinking of a combined investment of about $3500 in the near future (shortly after I move there), so it would pay itself in two or three years.
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It depends on many factors, I will list some:
Location: This matters for heat and import cost Electric price: This is going to be a HUGE issue Storage space: How many miners you can put where Running Time: Can you keep them up 24hr/day and have peace at mind? Comfortability: physically comfortable with heat and fan noise and comfort in working with technology.
These are what will matter when you want to mine, I suggest just buy bitcoin and hold currently. You can buy a used s3 to dip your toes in and get used to it a bit.
Hey, I'm interested in perhaps investing in mining, later in my life. I think I will be spending a few years in Guatemala, and from a bit of research, here's what I got. Location: Guatemala. Here's what wikipedia says about it. http://en.wikipedia.org/wiki/Guatemala_City#ClimateElectric price: $0.13 kWh Storage space: I would say... 1m 2, or 10.8ft 2Running Time: Can you keep them up 24hr/day and have peace at mind? I would run them 24hr/day. I dont foresee any drawbacks from it. Comfortability: I am physically comfortable with heat and fan noise. The tech, I would be kind of depending on the internet when it comes to setting it up and running it. Hypothetically, I would have $2k to invest, could you guys help me with some kind of analysis? I would appreciate it.
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I think for transactions of 0.01 you dont have to pay a fee as they are classified as high priority because of the large amount being sent, for transactions lower than that, what you can do (i also do it) is send your money at nights before you go to sleep with transaction fees of 2-5k sats, the savings add up over time
Huh, I never thought about that. I might start doing it from now on.
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$3000+ by 2018!? Hmm... I cant help but feel that being a bit fantastical. I would predict $1,300-$1,500 range if things go well. If something goes wrong, the price could go anywhere between $100 and $600. What information do I base that on? Just guessing...
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Blackspidy 1bHPh41CeaBqPqT8zqzjgwcXmyKL67khe
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How often does the price get "refreshed" when a loan has the USD as its base currency?
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Hey guys, I was wondering... how would a bitcoin miner perform at distilling alcohol from fermented fruits/vegetables?
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I could only get like, BTC0.04 on local bitcoin. $270 isnt that bad, right? right!?
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[whine with cheese.]
When it's volatile, it has no future, because its use will not be widespread. When it's stable, all the sudden, it's stagnated. You bears are never happy.
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OMGs! Is this the weekend crash all the bears were talking about!? Meh.
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I have an image from that game waiting in my image folder for when this stability turns into a big uptrend.
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tiem too sel all teh bticions
Nah, not worth the effort. Dump them all to 1bHPh41CeaBqPqT8zqzjgwcXmyKL67khe. The poor bastard wont know what hit him.
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And trolls be like "You are on your way to destruction. You have no chance to survive, make your time. Hahaha."
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That means I'll have to buy some bitcoins tomorrow.
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Oh, thank god. Imma go buy more coins now.
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