Come to New Hampshire, we love Bitcoin!!

[ORBOTRON]

Over the summer I moved to NH as part of the Free State Project. One of the major results is that I'm now totally fascinated and involved with Bitcoin. I had heard of it before, but being around so many other people who talk about it and use it on a regular basis finally got me to jump in.

I only got into this a month ago and have:
-got a web-wallet, a cellphone-wallet, a desktop-wallet
-traded BTC/LTC/USD on a handful of exchanges
-bought things in real life with BTC
-sold things IRL with BTC
-bought things online with BTC
-got a few friends/family into Bitcoin

Mining seems to be a ponzi scheme at this point unless you've got deep pockets and connections, but I've been looking to pick up one of those USB ASIC sticks for cheap just to be a part of the network as a novelty. If anyone feels like hooking me up with one for ~$10 that would be cool 

Anyway, howdy all, glad to be here.

[MicroGuy]

Welcome the forum! It's great to see you here! I have family in Keene!     

[pand70]

Mining seems to be a ponzi scheme

Mining is in most cases unprofitable. But not a ponzi scheme ffs.

[ORBOTRON]

Mining seems to be a ponzi scheme

Mining is in most cases unprofitable. But not a ponzi scheme ffs.

I've just been watching all sorts of equipment that will never pay for itself get sold well above original retail on Ebay. That and people selling mining contracts that don't start until next April. I should clarify that it "looks" like a ponzi scheme. I don't think the flood of suckers buying in is a fundamental prerequisite for Bitcoin mining to work, but it's happening. People at the bottom are losing a lot of money.