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Question: What's the *real* reason you ever got into Bitcoins?
I can use this to anonymously mailorder drugs? Gimme sum!
My bitcoins make me feel so well off while wasting my welfare checks on mtgox.
You felt the need for a future movie line similar to "Hand over your wallet.dat! And be quick about it!"
Envisioning people killing each other over Satoshis 20 years from now you've never felt so ridiculously rich with 1.0 of ANYTHING in your life
I totally forgot about that mining tool running in the background until I found out that the 10k BTC it had accumulated were now worth a couple grand USD.
I still don't know what bitcoins are and how the hell they work!

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Author Topic: POLL: What's the *real* reason you ever got into Bitcoins?  (Read 12623 times)
notme
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July 21, 2011, 09:46:59 AM
 #101

Lower Fees/Known inflation risk

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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adraza
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July 21, 2011, 10:00:56 AM
 #102

Quote
Lower Fees/Known inflation risk


I do not think you know the inflation risk, until now it is still unpredictable.

If you are just referring to the daily new minted coins, you do not see the whole picture.
Although, right now there are more BTC in circulation (more than 6 mill) than at the beginning (0!) --apparent inflation

right now 1 BTC is worth more; in terms of products you can buy.

Remember: the 10000BTC one pizza.
so deflation

Is it predictable?

Donations here   BTC:   14VsPAb5HTzjPjMJBazEZYCA3ikhmmV4L9     LTC:    LV5HD3nc3reAW5bmh9z2RLptvUVZZuH4Z6
ccgr
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July 21, 2011, 02:24:28 PM
 #103

benchmarking my systems and getting paid for it Smiley
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July 21, 2011, 02:39:25 PM
 #104

I happened across an article about it that piqued my interest, then found out I (as a gamer with AMD cards) was in the right place at the right time. Now I'm pumping out ~900 Mhash/s without having invested anything (yet) into hardware costs.

Video card upgrades that pay for themselves? May even turn a profit? Sign me up for that.
chut
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July 21, 2011, 02:41:31 PM
 #105

I got into bitcoin because it is AWESOME. viva la hash
statix
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July 21, 2011, 02:43:39 PM
 #106

I got introduced to bitcoin through betcoin (poker room), and then started reading up more about it, and then started mining, and the rest...
dougman
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July 21, 2011, 04:43:57 PM
 #107

mine your own free money?
Hell Yeahz
rammerhammer
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July 21, 2011, 04:51:15 PM
 #108

It just feels so future. Like something out of Cryptonomicon.
Cidsor
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July 21, 2011, 06:36:25 PM
 #109

The "real" reason was because I saw a great SPIDER! crawling on my wall. When I tried HITTING! it I accidentally went on google and somehow pushed enter and the first search on there was the wiki on bitcoin and started reading it and thought it sounded amazing. I was finally thinking we could save the world from papershortage!

Or.

A friend told me about it and was wondering if we could mine to keep our rented server up.
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August 29, 2011, 02:52:07 AM
 #110

I got in because of greed. Is it good?
prince_albert
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August 29, 2011, 02:55:06 AM
 #111

I got in because of greed. Is it good?

Depends on who you ask.

I'm a semiotician specializing in economic history, which means I'm interested in how people craft money and the specific forms that it takes. Bitcoin is very interesting to me from an academic standpoint.
ENGEL12345
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May 02, 2012, 12:30:50 AM
 #112

I thought is was very interesting and maybe it would be the currency of the future !
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May 02, 2012, 02:04:42 AM
 #113

Because I'm a Libertarian and figured if the Federal Reserve is allowed to make money illegally why can't I!

+1 on all accounts. Smiley

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May 02, 2012, 02:14:06 AM
 #114

40% Greed
10% Money I can "make" myself
10% Money I Control
10% A Globalized currency
10% Truly Decentralized
10% peer-to-peer
10% Its Digital
Bohemian_Lady
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May 02, 2012, 03:09:25 AM
 #115

Just a camgirl looking to expand her business a little.
thatbluedude
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May 02, 2012, 12:43:07 PM
 #116

I see my bitcoin holdings as gambling for nerds. Acording to http://www.wolframalpha.com/input/?i=21000000+%2F+world+population evenly distributed everyone would own 0.00309 bitcoins, so even owning one bitcoin gives you the theoretial buying power of 323 average people. I'm part of the 1%  Grin (of bitcoin)

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Dalkore
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May 02, 2012, 05:11:02 PM
 #117

*Real Reason*

My real reason comes from the sheer amount of monetary history that I have read and now understand what has happened here and where it is going.  My goal is to add as much legitimacy and trust to the Bitcoin Ecosystem.  The more of that we bring to Bitcoin, the more accepted, disruptive and farther it will go.    First step for me is to create a mining company so we can add more infrastructure to the network and produce capital so we can open more doors.

Down the line, there are some critical services that will need to be developed and those are some other companies I will be developing with my partner. 

Any questions, please send me messages direct or quote this post and ask away.  I'll do my best.


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May 02, 2012, 05:41:24 PM
 #118

I'm interested to see how the economy develops. There's not currently many vendors in my area, and perhaps I'll work some to change that...

I'm really interested in getting tangible in-person goods and services (e.g. contracting, mechanic work, restaurants) to be exchanged for bitcoin.

As a necessary precursor we will need to make it easier (as in, trivial for a novice computer user) to use a secure two-wallet system.

In our current economy (= USD/EUR/etc credit/debit system economy) a lot of fraud prevention is built in after the fact, and laws and policing enforce a kind of loose cap on the maximum amount of fraud you can get away with. In the bitcoin system, the individual takes on all of that responsibility. We need to provide them with tools that keep the total conceptual overhead down to a minimum, but still has good resistance to the main threat models: (loss of wallet, and wallet stealing, both on disk and in-memory)

-s
Dalkore
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May 02, 2012, 05:48:01 PM
 #119

I'm interested to see how the economy develops. There's not currently many vendors in my area, and perhaps I'll work some to change that...

I'm really interested in getting tangible in-person goods and services (e.g. contracting, mechanic work, restaurants) to be exchanged for bitcoin.

As a necessary precursor we will need to make it easier (as in, trivial for a novice computer user) to use a secure two-wallet system.

In our current economy (= USD/EUR/etc credit/debit system economy) a lot of fraud prevention is built in after the fact, and laws and policing enforce a kind of loose cap on the maximum amount of fraud you can get away with. In the bitcoin system, the individual takes on all of that responsibility. We need to provide them with tools that keep the total conceptual overhead down to a minimum, but still has good resistance to the main threat models: (loss of wallet, and wallet stealing, both on disk and in-memory)

-s

This is true as in the risks users of this system are now taking on themselves and with that amount of control you have over you financial resources, you now have responsibility to treat them in the same way as if you have a bag of cash.  Not advertising you have large amounts of money and physical security are very important for your own well being.

Dal

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lky_svn
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May 13, 2012, 01:25:57 PM
 #120

"hand over your wallet.dat" - I want to see that line in a movie! Awesome!
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