PeteChad (OP)
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Activity: 9
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October 02, 2012, 02:19:02 AM |
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I'm just curious, what is your reason for using Bitcoin? Personally, I fell in love with BTC almost a year ago because I saw great possibilities for investment opportunites and portfolio diversification. I also like the idea of a decentralized currency as it allows for more economic freedom without government interference. With Bitcoin, anything is possible!
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kjlimo
Legendary
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Activity: 2114
Merit: 1031
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October 02, 2012, 02:38:40 AM |
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I'm just curious, what is your reason for using Bitcoin? Personally, I fell in love with BTC almost a year ago because I saw great possibilities for investment opportunites and portfolio diversification. I also like the idea of a decentralized currency as it allows for more economic freedom without government interference. With Bitcoin, anything is possible! Here's my timeline: 1) run your computer, get free money.... Awesome, I'll do that and sell these worthless "bitcoins" to people who think they are worth money. 2) a few months later, I think they are worth money 3) now I'm trying to get every business to use them 4) hope for all the above to make me a millionaire 5) really believe in the technology and try to promote where best applicable. 6) ASICs announced - ZOMG let's start a mining company with my friends... I'll let you know when I get to the next chapter in my obsession.
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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October 02, 2012, 02:47:07 AM |
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Well I wouldn't say I'm hooked. With technological advances, there is always a possibility for a better alternative to be created down the line.
Bitcoin is awesome, but i'm not hooked on it.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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kwoody
Sr. Member
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Activity: 454
Merit: 250
Technology and Women. Amazing.
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October 02, 2012, 02:50:52 AM |
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1) The idea of a currency that isn't controlled or regulated by any central service, and therefore isn't discriminatory towards any single user or group of users.
2) The idea that wealth can be transferred thousands of miles in a mere matter of seconds, with practically no fees attached in comparison to comparable services.
3) The idea that I could generate wealth worth believing in, using compute time that would otherwise be idle.
"The" Bitcoin Foundation makes me worried about 1). ASICs make me worried about 3).
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Ryland R. Taylor-Almanza
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Activity: 882
Merit: 1001
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October 02, 2012, 02:53:59 AM |
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I thought it was cool
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.BITSLER. | ▄███ ▄████▀ ▄████▀ ▄████▀ ▄██▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▄████▄ ▄████▄ ▀████▄ █████ ██████ ██████ █████ ▀████▄ ▀████▀ ▀████▀ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄▄████▀ ▀██████▀ ▀▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ ▄▄▄▄▀▀▀▀ ▄▄█▄▄ ▀▀▄ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▀▄▄ ▀█▀▀ ▄ ▀████ ▀▀▄ █ █▄ ▀▄ ▀████ ▀▀ ▄██▄ ▀▀▄ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ █ ▀▀ ▀▄▄ ▀████ ▄▄▄▀▀▀ █ █ ▄ ▀▄ ▄▄▄▀▀▀ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ █ ▄▄ ███ ▀██ █ ▀▀ █ █ ███ ▀██ █ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▄ █ ▀▀ █ ▀▀▄ ███▄ █ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▄ █ ▀▀▄▄▄▀▀▀ ▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀ | | | | ▄▄▄██████▄▄▄ ▄▄████████████████▄▄ ▄██████▀▀▀▀▀▀▀▀▀▀██████▄ ▄ ▄█████▀ ▀█████▄ ██▄▄ █████▀ ▄ ▀█████ ████████ ▄██ █████ ████████▄ ███▀ ████▄ █████████▀▀ ▄███▀ █████ █▀▀▀ █████ █████ ▄▄▄ ████ █████ █████ ▀▀ ████▀ █████ █████ █████▄ ▄█████ ▀█████▄ ▄█████▀ ▀██████▄▄▄▄▄▄▄▄▄▄██████▀ ▀▀████████████████▀▀ ▀▀▀██████▀▀▀ | | | | ▄▄▄███████▄▄▄ ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄ █▀▀ ▄█████████████▄ ▀▀█ █▀▀ ███████████████████ ▀▀█ █▀ ███████████████████████ ▀█ █▀ ███████████████▀▀ ███████ ▀█ ▄█▀ ██████████████▀ ▀█████ ▀█▄ ███ ███████████▀▀ ▀▀██ ███ ███ ███████▀▀ ███ ███ ▀▀▀▀ ███ ▀██▄ ▄██▀ ▀█▄ ▀▀ █▄ █▄▄▄▄▄▄▄▄▄█ █▄ ▀█████████▀ ▀█▄ ▀▀▀▀▀▀▀ ▀▀█▄▄ ▄▄▄ ▀▀█████ | | | [ | | ] |
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mb300sd
Legendary
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Activity: 1260
Merit: 1000
Drunk Posts
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October 02, 2012, 03:19:14 AM |
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I've made more in bitcoin than I've ever had before
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1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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Atlas
Jr. Member
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Activity: 56
Merit: 1
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October 02, 2012, 03:45:22 AM |
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The idea of nobody controlling my finances besides myself while still having the ability to spend and trade at will.
No gods, no masters, only me and my wallet.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 02, 2012, 03:45:38 AM |
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I'm a programmer, i never looked at the code, but it was easier for me to understate how it all works... THE BLOCK CHAIN! its just one of these ideas that you know has value. so i got 25$ worth with CoinPal ( i had to setup a PP account and wait 5 days for the bank transfer... Oh how i wish i had trasfered more, but i was buying my house THAT WEEK lol... Oh how i wish i had held off buying my house and dumped my savings in bitcoin! ...true story ) watched it go from 0.75$ ( i got in on the very last dip... right as the news "Bitcoin - P2P digital currency and SR!" was coming out ) and with it the bubble to 32$ ... was totally blow away... I bought more when it dropped. I bought even more then it started showing signs of going back up I bought stuff using some the coins. it was FUN! not like filling out a "Verified by VISA" forum. I paid small amounts to members for helping me with thebitcoinrewview.com ( adding images, deleting dead sites...) I'm hooked... While( BitcoinFiatExchangeRate >= 0) { keep_on_bitcoining(); }
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sippsnapp
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October 02, 2012, 03:57:52 AM |
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It seemed to be different from anything ive seen on the internet. For me its something revolutionary in the very first steps but i dont think its the final bitcoin, what i mean its limited to 21 million what is really a small cap, there must be a split or a v2.0 bitcoin to make it masscompatible. However, i think the model to create a valueable exchange good from cpu power is great.
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Πάντα ῥεῖ Bitcoin + Altcoin node pool setup - pm
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ralree
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October 02, 2012, 04:11:12 AM |
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I'm a programmer, i never looked at the code, but it was easier for me to understate how it all works... THE BLOCK CHAIN! its just one of these ideas that you know has value. so i got 25$ worth with CoinPal ( i had to setup a PP account and wait 5 days for the bank transfer... Oh how i wish i had trasfered more, but i was buying my house THAT WEEK lol... Oh how i wish i had held off buying my house and dumped my savings in bitcoin! ...true story ) watched it go from 0.75$ ( i got in on the very last dip... right as the news "Bitcoin - P2P digital currency and SR!" was coming out ) and with it the bubble to 32$ ... was totally blow away... I bought more when it dropped. I bought even more then it started showing signs of going back up I bought stuff using some the coins. it was FUN! not like filling out a "Verified by VISA" forum. I paid small amounts to members for helping me with thebitcoinrewview.com ( adding images, deleting dead sites...) I'm hooked... While( BitcoinFiatExchangeRate >= 0) { keep_on_bitcoining(); }
I wish this was my story, but this is what I've got: Feb 2011: Discover bitcoin, buy $10 with Coinpal Late 2011: Hear the bitcoin hit $30 and then dropped a bunch, figure it's dead. Mid 2012: Hear it's still alive, and that people are making a decent amount of pocket change mining. Shortly after: Buy several 7970s and associated hardware. Mining for a couple months now. August 2012: Paid for some SC singles September 2012: Paid for some bASIC 54's ... To be continued in some other thread either titled "We're All Filthy Rich!" or "It was fun while it lasted" or "Who's barely breaking even?"
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1MANaTeEZoH4YkgMYz61E5y4s9BYhAuUjG
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Ryland R. Taylor-Almanza
Legendary
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Activity: 882
Merit: 1001
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October 02, 2012, 04:39:32 AM |
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It seemed to be different from anything ive seen on the internet. For me its something revolutionary in the very first steps but i dont think its the final bitcoin, what i mean its limited to 21 million what is really a small cap, there must be a split or a v2.0 bitcoin to make it masscompatible. However, i think the model to create a valueable exchange good from cpu power is great.
21 million is plenty. Here's a quote from the Myths page on the bitcoin wiki. The myth is "21 million coins isn't enough; doesn't scale" One Bitcoin is divisible down to eight decimal places. There are really 2,099,999,997,690,000 (just over 2 quadrillion) maximum possible atomic units in the bitcoin design.
The value of "1 BTC" represents 100,000,000 of these. In other words, each is divisible by up to 10^8. As the value of the unit of 1 BTC grows too large to be useful for day to day transactions, people can start dealing in smaller units, such as milli-bitcoins (mBTC) or micro-bitcoins (μBTC).
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.BITSLER. | ▄███ ▄████▀ ▄████▀ ▄████▀ ▄██▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▄████▄ ▄████▄ ▀████▄ █████ ██████ ██████ █████ ▀████▄ ▀████▀ ▀████▀ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄ ▄████▀ ▀████▄▄████▀ ▀██████▀ ▀▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ ▄▄▄▄▀▀▀▀ ▄▄█▄▄ ▀▀▄ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▀▄▄ ▀█▀▀ ▄ ▀████ ▀▀▄ █ █▄ ▀▄ ▀████ ▀▀ ▄██▄ ▀▀▄ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ █ ▀▀ ▀▄▄ ▀████ ▄▄▄▀▀▀ █ █ ▄ ▀▄ ▄▄▄▀▀▀ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ █ ▄▄ ███ ▀██ █ ▀▀ █ █ ███ ▀██ █ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▄ █ ▀▀ █ ▀▀▄ ███▄ █ ▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▄ █ ▀▀▄▄▄▀▀▀ ▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀ | | | | ▄▄▄██████▄▄▄ ▄▄████████████████▄▄ ▄██████▀▀▀▀▀▀▀▀▀▀██████▄ ▄ ▄█████▀ ▀█████▄ ██▄▄ █████▀ ▄ ▀█████ ████████ ▄██ █████ ████████▄ ███▀ ████▄ █████████▀▀ ▄███▀ █████ █▀▀▀ █████ █████ ▄▄▄ ████ █████ █████ ▀▀ ████▀ █████ █████ █████▄ ▄█████ ▀█████▄ ▄█████▀ ▀██████▄▄▄▄▄▄▄▄▄▄██████▀ ▀▀████████████████▀▀ ▀▀▀██████▀▀▀ | | | | ▄▄▄███████▄▄▄ ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄ █▀▀ ▄█████████████▄ ▀▀█ █▀▀ ███████████████████ ▀▀█ █▀ ███████████████████████ ▀█ █▀ ███████████████▀▀ ███████ ▀█ ▄█▀ ██████████████▀ ▀█████ ▀█▄ ███ ███████████▀▀ ▀▀██ ███ ███ ███████▀▀ ███ ███ ▀▀▀▀ ███ ▀██▄ ▄██▀ ▀█▄ ▀▀ █▄ █▄▄▄▄▄▄▄▄▄█ █▄ ▀█████████▀ ▀█▄ ▀▀▀▀▀▀▀ ▀▀█▄▄ ▄▄▄ ▀▀█████ | | | [ | | ] |
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sharky112065
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October 02, 2012, 09:40:00 AM |
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Money and it looked promising...
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Donations welcome: 12KaKtrK52iQjPdtsJq7fJ7smC32tXWbWr
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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October 02, 2012, 11:19:07 AM |
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Read an article about it a long time ago.
Went to the website and downloaded the client to start mining.
Client wouldn't install. Could not figure out mining.
Left it to others and their "2 cents per Bitcoin" technology.
Read another article a few months later. Holy crap, Bitcoins are worth $2 per Bitcoin.
Tried loading the client again. Mining did not work, screwed up my laptop.
Left it to others and their "2 dollars per Bitcoin" technology.
Read another article in June 2011. Bitcoin went from $10 to $30! Holy crap, this is it...!
Cashed out $10k from IRA, got in just in time at $16/BTC before it climbs through the roof!
Bitcoinica...Zhoutgouned...
Working on figuring out how to use this technology to get back my initial investment.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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kentrolla
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October 02, 2012, 11:38:56 AM |
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heroin
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Insu Dra
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October 02, 2012, 12:08:00 PM |
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Years ago, I thought it was a funny and interesting concept so I had my pc mining away in support. But at some point it started to look like all other alternative currencies, domed to fail .. The second time was when I discovered a old wallet backup from a few years back, so checkout the sites again, saw that it was still around and doing way better then I expected ... my little backup was worth 10 times what it was before ... So now I'm stuck trying to figure out a way to somehow pay back to the community what they gave me ... that and absolute hatred towards that other financial system we all 'love to' use
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"drugs, guns, and gambling for anyone and everyone!"
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sceeth0
Newbie
Offline
Activity: 23
Merit: 0
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October 02, 2012, 03:07:23 PM |
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I stumbled across Bitcoin in may of 2011. I read everything I could over the next 72 hours, and by the time I finally stopped to sleep I was hooked. There have been lots of reasons for using bitcoins, so I break them into 3 categories which can be broadly summarized.
1. Intellectual: I'm learning from my experiences, and enjoying it.
2. Pragmatic: There are things I can do with bitcoins that are impractical or impossible with other currencies.
3. Moral: This was something that was "opt in" rather than "opt out", thus truly voluntary, and any social contract emerging from that state is legitimate to me.
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AngryCatfish
Member
Offline
Activity: 104
Merit: 10
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October 02, 2012, 03:20:37 PM |
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I originally discovered bitcoins from freetalklive talking about it. I was in the market for a new video card and got a 5770 to mine some coins along with playing some decent games. I picked a few things up with the coins and fell out of interest for a little while. My interest got renewed when I went to porcfest and discovered all the new innovations and advancements that had been made in recent months, met the guys from bitinstant, and picked up a physical bitcoin while I was there. Running into real people there that talked about using it and/or store value in it instead of gold/silver sealed the deal, I haven't lost interest since.
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Realpra
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October 02, 2012, 03:42:59 PM |
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First read about it in 2011 during the 30$ spike, I understood it to a large extent and put it in the back of my mind as the way of the future - unfortunately since it was distributed peer technology I assumed the protocol was entirely unchangeable. This meant I wrote Bitcoin off on some of the fixable flaws it still has - divisibility and performance mainly. Probably lucky I did so I didn't buy during the 30$ spike I got in again when I realized it was the only way a computer program could do finance without depending on human cooperation, something I needed for my bachelors project.
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Steve
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October 02, 2012, 03:44:05 PM |
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Satoshi's white paper
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Mr. Coinman
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October 02, 2012, 05:44:15 PM |
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When I started with Bitcoin, I wasn't necessarily hooked on it yet. But once I discovered there was a whole avenue of cool Bitcoin businesses like Bitpay, Casascius, Bitmit, and Bitinstant, I started getting hooked on buying and selling with BTC.
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