Not surprising at all.  Given all of the developments in the last year with major banks exploring use cases for blockchain tech, let alone the implications of a crypto-fiat currency allowing for negative interest rates, I think it's inevitable that we move to a cashless society.  The big question is what happens to bitcoin since it is deflationary and highly finite.

Yes.  You can sign up for a signature campaign.  You just put a banner below your posts and get paid every time you post on BTCtalk.  Don't spam but if you post relevant topics like answering this question you can make a decent amount of bitcoins.  Check out the forum on signature campaigns.  https://bitcointalk.org/index.php?topic=615953.0

My least favorite thing about bitcoin is the volatility.  It moves way too much day to day against the dollar and other major global fiat currencies for a variety of reasons.  I'd like to see this stabilize more.  Most currency pairs are much less volatile.  In theory, at some point, Bitcoin will become deflationary against all other currencies and reliably increase in value slowly over time rather than be so choppy.  However, it's hard to see that future right now.

With 2/GH you are going to make .12 cents a month at the current difficulty, maybe, before you take into account the cost of electricity and equipment.  I doubt it is a good deal.  I would not pay more than .50 cent for it. 

I think it depends on what your technical skill level is with electronics and basic networking/programming.  Some of the setup can get complicated and some miners are easier than others.  Take this into consideration before deciding on your first miner.

I think that's a good guess.  Possibly insane or "uneducated" otherwise.  No proof.  If the government wanted to destroy the network why wouldn't they just destroy it?  It would not be expensive for them. 

I guess it's better than putting your name on a form.  If someone really wants to know who a wallet belongs to, I have a feeling they are going to succeed. However, for something like watching porn, I don't think it's anything to worry about.

http://venturebeat.com/2015/09/24/peer-to-peer-lender-prosper-marketplace-acquires-personal-finance-tracking-startup-billguard/

Prosper just bought BillGuard.  This is a clear effort by P2P lending platforms to partner with networks of individuals that will make good candidates as lenders.  Advertising loans doesn't work because you just get people who can't get money, but want it- therefore, most of the time can't pay.  So, lending networks have to find "customers" differently.  If BTC P2P networks start finding companies aggregating consumers like BillGuard that use BTC, and converting them to private banking with similar mergers, it would be a smart move.

I will tell you but if I put a link here now I'll never get a chance to buy one.  He is going to let me know if it works and I bet they will get some more orders if it does.  After that,  I will post it here.  Don't want to spoil it for him.

I try to reach out to everyone I lend to personally and get to know them.  I make the majority of my loans to a handful of people.  They have trusted me too with loans and various other favors that required trust.  I know who they are, what they do, and the reputation on the line if they default. Bottom line is to conduct due diligence.  And never underestimate a con man.  Letting someone into your circle of borrowers is like letting someone get a top secret clearance.  You don't take it lightly, you don't give anyone the benefit of the doubt, and you check every possible angle.  You want to find the dirt before the problem, not after you get robbed.

Once is happenstance. Twice is coincidence. Three times is enemy action.

No way.  I think the dollar is very unsteady and probably in for a crisis of some sort, but bitcoin doesn't seem to be in a position to take over.  It would take down the entire fractional reserve banking system that the elite have relied on for the past several hundred years.  There is no way they would let that happen.  I'm not saying a digital currency is not in the interest of the central banks, but a finite supply?  No way.  Bitcoin might hold its value and increase, but I can't see central banks adopting it before they try to replace it with their own.

Interesting.  I'm glad everyone else here has confirmed what I have heard and that it sounds completely ridiculous.  I can't believe my friend is going to spend the money to see if this thing is real.  If it is, I will tell you what it is called - after I have cleared out their inventory  .

Hey.  I think when I first heard about bitcoin and actually knew what price it was when everyone was talking about how it reached a thousand dollars and made people millionaires but I wasn't involved in bitcoin then and thought it was ridiculous.  I was not really surprised by the collapse.  However, I became interested in bitcoin when it was in the low 200s for reasons other than price.

How did they accept bitcoin?  Was it already in place or did she have to set it up just for you?  I use Purse to buy stuff on Amazon at a discount sometimes with my Bitcoins.

There is also a good app called Spark Profit that allows you to bet for free on the price of bitcoin but pays real prize money every week in Bitcoin and Paypal to the top traders.  You can also trade commodities, equity indexes, and other currency pairs.  It has a browser and mobile version.  Fun app.

I like investing in friends who I trust who do various things (LBC, arbitrage, other.)  I also buy used physical mining equipment when I see a great price, mine some coins, and then sell the equipment back where I bought it or higher.  BTCpop has a good auto-invest feature that pays 3% a months or so on your coins.

I was shown a miner designed by a company that designed "custom miners" that supposedly draws 0.100 Watts per 1GH/s and seems to be way more cost/efficient than the S7.  Several people have said it looks to good to be true.  Has anyone every heard of stuff like this or tried it?  A friend ordered one and is going to try it.  If it works I will let you know.

Yes.  It depends on how many hours a day you want to work ,etc. but there are profitable ways to make bitcoin in an hour for sure.  For example on this site there are signature campaigns.  You should read about them  Some of them pay 10-.25 cents a post.  You just have to regularly engage on BTCtalk and include their banner in your posts. The longer you have been here the higher you get paid, generally.  There are some campaigns where you get paid based on how many people click your affiliate link and sign up.

One word to describe bitcoin...


Future.


I say future because I think bitcoin represents the future of many different things but particularly financial instruments/settlements.  I think eventually all currency will be digital, and I think the cryptocurrency will play a major part in web technology in the future.