how did you get your first bitcoin ?

[pinger]

You are not going to believe me, but my first coin was buyed on EBAY and paid with PAYPAL at 18 € when the price on MTGOX was 14  (And I believed I will never recover the cost of the commission I had paid ... I would had to buy a few thousand bitcoins then... )

What happened if you bought a few thousand?

It was just before the price Skyrocket to 200 x 1000, well, I could be rich for now.

[Boba]

I got my first bitcoin by mining, using a brand new PC I built for the purpose, sporting 2 x 7970s. This was early December 2012, when the reward was still 50btc per block.

[bitbitcoins]

Bitcoin toilet?

[bitbitcoins]

I got my first bitcoin by mining, using a brand new PC I built for the purpose, sporting 2 x 7970s. This was early December 2012, when the reward was still 50btc per block.

One stupid question  : when there will be no bitcoin left to mine, who is going to perform the transactions (if we assume that there will be no computer working for the network ??)

[pinger]

I got my first bitcoin by mining, using a brand new PC I built for the purpose, sporting 2 x 7970s. This was early December 2012, when the reward was still 50btc per block.

One stupid question  : when there will be no bitcoin left to mine, who is going to perform the transactions (if we assume that there will be no computer working for the network ??)

They will live with the transaction taxes then.

[jackjack]

Deepbit
Long ago...

[squirrtle]

I got my first one from a friend, gambled it a little, and been addicted ever since! You have so many odds being able to bet small fractions!

[staii]

I got my first bitcoin by mining, using a brand new PC I built for the purpose, sporting 2 x 7970s. This was early December 2012, when the reward was still 50btc per block.

One stupid question  : when there will be no bitcoin left to mine, who is going to perform the transactions (if we assume that there will be no computer working for the network ??)

If there are no computers working on the network anymore, it is a problem.

However, the miners have an incentive to remain on the network, and remain "mining", even after there are no more coins generated from mining. This is because whoever finds a block also gets the transaction fees of the transactions in that block. People think that, as coins from mining decrease, transaction fees would increase.

The network regulates itself anyway; if nodes start leaving the network at that time, the difficulty drops, and it become easier for the remaining nodes to generate blocks (and thus they get more coins, from the fees).

[bitbitcoins]

I got my first bitcoin by mining, using a brand new PC I built for the purpose, sporting 2 x 7970s. This was early December 2012, when the reward was still 50btc per block.

One stupid question  : when there will be no bitcoin left to mine, who is going to perform the transactions (if we assume that there will be no computer working for the network ??)

If there are no computers working on the network anymore, it is a problem.

However, the miners have an incentive to remain on the network, and remain "mining", even after there are no more coins generated from mining. This is because whoever finds a block also gets the transaction fees of the transactions in that block. People think that, as coins from mining decrease, transaction fees would increase.

The network regulates itself anyway; if nodes start leaving the network at that time, the difficulty drops, and it become easier for the remaining nodes to generate blocks (and thus they get more coins, from the fees).

Thank you

[jcanesa]

I bought my first btc well .5 btc on ebay at a crazy upcharge. then got ripped off second time. however i've been getting a little smarter and hope to learn much more from the forums

[fontera]

my first bitcoin?? i'm sure i earned it from coinurl..

Can you explain this to me, how many Visitors in wat Timeframe ?

[ottomatias]

Bitstamp.

[Svensson]

I mined it

[hpski]

Yup, same here - I also mined my first coin.