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Author Topic: Why did you get into bitcoin?  (Read 2889 times)
#machinist
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October 04, 2012, 11:13:13 AM
 #41

oh i have plenty of free time
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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October 05, 2012, 12:38:40 AM
 #42

i work in IT, so i get free electricity.  i like to invest so why not give it a try
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October 05, 2012, 01:25:14 AM
 #43

I love Global Warming!

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October 05, 2012, 01:50:39 AM
 #44

I heard about Bitcoin when those dudes asked 1 mil in Bitcoin from Romney.

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RATM69
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October 05, 2012, 02:47:07 AM
 #45

I'm hoping in 10-15 years 1BTC = 15,000.00 - 20,000.00 U$S...

I don't care about the immediate ROI. I'm just saving them just like I save for my retirement... hopefully, in 10-15 years I can retire early Smiley

The only problem I see with this scenario is in 10-15 years $15,000 might only buy you a shopping cart of grocery's at the rate the U.S. prints money. Uncle Ben is a mad man at the wheel when it comes to printing money.
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October 05, 2012, 06:59:36 AM
 #46

Majorddf mentioned it, so i felt obliged. Now he's ordered is Jalapeno i'm feeling the urge to join some ASIC mining!!

Loving the open'ness of it and as my machine is running 24/7 might as well be earning me some £.
TenDrawBTC
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October 09, 2012, 09:35:50 PM
 #47

I got to know about Bitcoin through Silkroad, not to say I use it but I logged on because I was curios. Been using Bitcoin ever since.

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October 09, 2012, 10:05:22 PM
 #48

OpenSource
P2P
Anonymous
A currency without borders!
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October 09, 2012, 10:06:18 PM
 #49

I'm interested in monetary economics.

When I first heard of bitcoin about a two years ago, I figured its price would fall to zero. That's because bitcoin runs contra almost all monetary logic. By all rights it should be valueless.

The fact that it hasn't gone to zero has led me to question some of the assumptions built into monetary thought.

Either the assumptions are wrong...  or bitcoin's inevitable fall has just been delayed. Until then, I'm participating in the experiment.
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October 09, 2012, 10:13:16 PM
 #50

I heard about it on a podcast, and it sounded like the future of money to me.  Why not be an early adopter and help advance economics?  And if you're reading this now, you are an early adopter!
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October 09, 2012, 11:34:22 PM
 #51

The Federal Reserve can't screw Bitcoins up.
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October 10, 2012, 01:25:10 AM
 #52

The Federal Reserve can't screw Bitcoins up.

+1

Gold, silver, cryptocoins - make my day and try to print those, Mr Bernanke / other Bankster of choice!

Those Zimbabwean $100 trillion "agro-cheques" (love that name) probably ironically have a bit of real value now, since they're so popular as souvenirs. Maybe I should buy some. Grin

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October 10, 2012, 02:33:08 AM
 #53

To meet women.    Cool

 Undecided
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October 10, 2012, 01:36:10 PM
 #54

I like making money... or in this case mining currency. Why not save the world while doing it?

I believe that bitcoin has the potential to throw off the yoke of dictatorships and governments in general - if people (individually) controlled the money supply we'd be much more able to hold governments accountable.

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October 12, 2012, 06:36:30 PM
 #55

I got to know about Bitcoin through Silkroad, not to say I use it but I logged on because I was curios. Been using Bitcoin ever since.

This is exactly how I heard about bitcoins.  I remember reading about Silkroad on the news and was really interested in bitcoins.  I'm still waiting 30 days for my dwolla account to be certified so I can make my first bitcoin purchase.  It's going to be a long month.
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October 13, 2012, 01:11:33 AM
 #56

I recently was told about Silk Road and was curious about the way it worked. My research led me to BC as well as this site where I plan on expanding my knowledge. The potential for the currency is truly astounding and I love the way it's circulated; very nerd cool.
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October 13, 2012, 01:22:06 AM
 #57

I found out about Bitcoin when I was looking up distributive computing. Bitcoin was listed on a Wikipedia page, and it sounded interesting.
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October 13, 2012, 02:46:32 AM
 #58

Everything is going online now and money is the next step. Getting in before everyone else catches up.
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October 13, 2012, 02:31:19 PM
 #59

I'm an open source/linux fanatic... Switched to Linux 8 years ago and have never looked back.  I despise everything proprietary, especially banks.  I prefer the idea of real money, thank you very much  Grin

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October 14, 2012, 05:10:24 AM
 #60

Decentralized, non fiat, and a controlled currency.  I have more belief in Bitcoin than the American dollar.
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