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2013-03-27 05:31 32583420 Anonymous (btc.jpg 225x225 12kB)
so why havent you bought in or sold yet
7 min later 32583547 Anonymous (sent.jpg 896x1630 293kB)
8 min later 32583569 Anonymous
Why would I? That bubble will never pop! that bubble is made out of the same shit bears are made of. invincable
12 min later 32583634 Anonymous
I don't see the value, I might buy if it crashes again I have no interest in it over $4.99, I buy my drugs F2F
12 min later 32583635 Anonymous
>implying i would buy at record high.
15 min later 32583680 Anonymous
> http://bitcoinity.org/markets?curre ncy=USD&exchange=mtgox
> 89$
Goddamn
15 min later 32583688 Anonymous
can you spend the bitcoins on something yet?
so far you can just buy bitcoin rigs with bitcoins or buy and resell bitcoins for profit.
21 min later 32583785 Anonymous
>>32583688
You can buy gold.
https://www.goldenmoney.ca/
22 min later 32583810 Anonymous
>>32583688
bitcoinwiki/trade
24 min later 32583861 Anonymous
>>32583810
>>32583688
Bitcoin is a solution looking for a problem.
26 min later 32583884 Anonymous
this is smart.
start price-hiking and trap people.
just how they planned it.
Meanwhile the owner of bitcoin continues to produce his own coins instantly.
26 min later 32583888 Anonymous
Whats stopping competitors?
what happens if some other, bigger company comes in and invents its own digital currency with a use other than drugs?
29 min later 32583956 Anonymous
>>32583888
illicit business is the only reason to use buttcoins though, not like there aren't other ecurrencies already
29 min later 32583962 Anonymous
I invested 5k€ this morning, +8% so far. I feel like gumbling, i can afford to lose.
30 min later 32583967 Anonymous
can a radeon HD 5770 actually do shit?
30 min later 32583972 Anonymous
>>32583888
Lack of demand?
31 min later 32583988 Anonymous
>>32583785
bitcoinclassifieds.net
32 min later 32584001 Anonymous
>>32583785
oops
>>32583988
was meant for
>>32583688
33 min later 32584026 Anonymous
>>32583962
>8%
>€400
How much after taxes and withdrawal fees?
34 min later 32584050 Anonymous
>>32584026
I pay only 1,24€ for withdraw/deposit from my bank account and trade is free on bitcoin24.
38 min later 32584125 Anonymous
>>32584050
Is that better than MtGox? Seems cheaper.
40 min later 32584159 Anonymous
>>32584125
mtgox takes a % each trade, but bitcoins are a bit cheaper, i don't know about dep./with. fees.
41 min later 32584178 Anonymous
How is bitcoin taxed?
They mention it on the wiki but I'm not sure how it works. Do you get taxed directly or only when you exchange to a conventional currency? I assume the latter since the former would be difficult to track but I might be wrong?!
42 min later 32584206 Anonymous
1KLHBvyofZisXRmCB12Ptosb4KqwDbpEDv
47 min later 32584272 Anonymous
>>32583967
please respond
47 min later 32584275 Anonymous
>>32584206
sent ;)
48 min later 32584293 Anonymous
>>32584206
I don't get it, do people really expect to be donated to when begging in these threads? Are there retards that actually donate?
49 min later 32584308 Stupid Questions Thread
13xtgvjcHybGMdZjJeTvmhNvv8FKnVxP4W
pretty pretty please :o
49 min later 32584312 Anonymous
>>32584275
Thanks!
50 min later 32584320 Anonymous
>>32584308
sent ;)
50 min later 32584322 Anonymous
>>32584293
All bitfags donate. All you have to do is ask.
sent ;)
50 min later 32584326 Anonymous
is Buttcoin a game?
51 min later 32584342 Anonymous
>>32584293
IDK but if they did actually receive shit they would comment on the amount or something. It's a bunch of samefags. Perhaps they think others will fall for it and actually donate something.
51 min later 32584345 Anonymous
>>32584326
yeah Bitcoin is the new doubler
51 min later 32584346 Anonymous
>>32584322
Really kind sir?
115PgBiXQsNenoiX2GQBJ3YauazH63TTTj
51 min later 32584349 Anonymous
just curious
1DTvyRSXf7LVuKW2GGYgpYebJZf1Nfj7ZM
52 min later 32584367 Anonymous
>>32584346
>>32584349
>>32584308
sent ;)
53 min later 32584379 Anonymous
>>32584346
sent ;)
54 min later 32584390 Anonymous
>>32584349
sent a quadrillion bitcoins 2that accnt ;)
54 min later 32584395 Anonymous
Why not? 15eYZwNe8rASVNv3QceNawco7Sok1FNpVo
54 min later 32584403 Anonymous
336j3468346j23484238948235j234563j6 <- monies pl0x
56 min later 32584415 Anonymous
>>32584395
sent ;)
56 min later 32584417 Anonymous
ITT: Idiots who actually believe they'll get free BTC
56 min later 32584420 Anonymous
Are bitcoin transactions instant?
1PLjKDyfEdhHBzavaty9Kz2WiD7Nopn61u
56 min later 32584421 Anonymous
>>32584395
>>32584403
sent ;)
57 min later 32584435 Anonymous
>>32584420
No, they take 10 minutes.
sent ;)
57 min later 32584437 Anonymous
I dreamt that it went down to 0.11 so perhaps it's a sign and I'll wait for it then ;)
57 min later 32584440 Anonymous
This donating thing is just bullshit.
Prove me wrong
17xEi2bCVC5RWGY4yQJz5VsWjzSFAHbZ8u
58 min later 32584448 Anonymous
>>32584349
>>32584346
>>32584308
>>32584206
confirmed for retards
59 min later 32584474 Anonymous
gibe moneys pls
1KusVcJdA8QG9Veaj243XY99219rgcH8ww
1 hours later 32584482 Anonymous
>>32584448
>implying >>32584206 wasn't trolling
1 hours later 32584490 Anonymous
Pls
156FAAuJ9kq1cDSfSfS1sXFuWw5f4JuxK4
1 hours later 32584498 Anonymous
So i have just set up my wallet. Using BlockChain. Was wondering what the best way to buy BitCoins is, i'm in the UK.
1JykcFcXN2i2tMjGkWaPpyEZ5SWmaWwwLY
1 hours later 32584510 Anonymous
I sold 20 at $85. I don't like being risky.
1 hours later 32584511 Anonymous
>>32584482
>implying implications
shut the fuck up
1 hours later 32584528 Anonymous
Please stop the begging, it's moronic and pathetic. Mods were banning for it last night.
1 hours later 32584529 Anonymous
>>32584498
>Was wondering what the best way to buy BitCoins is, i'm in the UK.
By spending money, not asking for donations.
1 hours later 32584553 Anonymous
None of the addresses are on blockchain.info - thus you were all trolled.
1 hours later 32584569 Anonymous
>>32584529
Yeah but it seems that i can only buy them through SMS. Is this true?
1 hours later 32584581 Anonymous
>>32584553
Sent ;)
1 hours later 32584586 Anonymous
>>32584569
No.
1 hours later 32584598 Anonymous
>>32584569
>Yeah but it seems that i can only buy them through SMS. Is this true?
No.
You can buy them via bank transfer using a reputable exchange, such as bitstamp.net or cash from a 3rd party seller.
1 hours later 32584605 Anonymous
>>32584569
get out
1 hours later 32584610 Anonymous
>>32584586
Through what other mediums is it possible? PayPal? The Amazon payement system? Wired from bank?
1 hours later 32584625 Anonymous
>>32584610
bank
1 hours later 32584628 Anonymous
>>32584598
Thanks
1 hours later 32584639 Anonymous
TRUE BUTTCOIN VALUE
AS OF 27 MAR 2013 1:40P EDT
$0.00 USD
1 hours later 32584642 Anonymous
Hey can anyone answer this question? I've posted on reddot but i havent got an answer yet
Whats stopping a big company like Google from developing their own digital currency?
I've only heard of Bitcoin recently so I'm not too familiar with it. I just imagine them doing it better than Bitcoin in every way. especially the marketing so the general public actually knows about it. Also with their influence, many more businesses would start accepting their currency instead of Bitcoin.
The company doesn't have to profit from it directly. The influence and the power of the company will soar to unseen levels. As the other guy commented (I think its been deleted) 'its a gift to humanity'. If its a gift to humanity, wouldn't someone like Google want to be seen as the one giving that gift?
1 hours later 32584655 Anonymous
>>32584610
>PayPal? The Amazon payement system? Wired from bank?
Paypal no way, don't be silly, for obvious reason.
Amazon yes.
Wire transfer yes, see above.
1 hours later 32584666 Anonymous
this is a good time to sell, right?
they went up almost $10 in like a day, that's not good
1 hours later 32584671 Anonymous
>>32584642
NSA created bitcoin, they won't let a competitor succeed.
1 hours later 32584705 Anonymous
>>32584642
>Whats stopping a big company like Google from developing their own digital currency?
Google wallet failed even though they paid $20 to everyone that signs up to it
decentralized currency wouldn't be the same if it was controlled by Google
1 hours later 32584711 Anonymous
>>32584642
>Whats stopping a big company like Google from developing their own digital currency?
Noone owns Bitcoins, users mine them, it's decentralised , that's the whole reason people use it. If Google made it, Google would own it, and noone would use it.
1 hours later 32584713 Anonymous
>>32584642
I answered it already. It's fucking demand. As long as bitcoin works well nobody needs and nobody will therefore use another less reputable less useful digital currency.
Perhaps it might get a few users but it will die eventually.
And Google doesn't gave shit over bitcoin which is already compete with the most powerful entities on earth.
1 hours later 32584749 Anonymous
Buttcoin, like TOR, is made by the CIA and NSA to further their Iran-Contra scheme in a digital world. I refuse to support the FSA by buying into this scheme
1 hours later 32584756 Anonymous
>>32584749
OK, thanks for your opinion, goodbye.
1 hours later 32584765 Anonymous
>>32584642
Yup, anyone can create a new one. And then wait until the Jews start to play them against each other. You think the current pump and dump is bad? Wait until they're making bank on a shift in pennies difference between currencies.
/g/ is full of ignorant Paulbots who think buttcoins are a revolution, when they're wide open to every fucking Jew scheme ever devised on top of simply being shit because they're deflationary.
1 hours later 32584775 Anonymous
>mtgox account gets locked because i logged in through tor
>have about $22 in there that i can't get out
>decide to buy bitcoins at about $10 each in case i'm ever able to access them
>mfw now
:3c
1 hours later 32584808 Anonymous
>>32584749
>refuses to invest in a currency created by the us government
Fucking traitor, good thing you won't make any money from the mass adoption of bitcoin.
1 hours later 32584822 Anonymous
once they hit 90, they'll drop down to 80 then rise up to 100
this is fact
screencap this
1 hours later 32584825 Anonymous (rtygko.png 633x613 73kB)
>>32584765
>/g/ is full of ignorant Paulbots who think buttcoins are a revolution
/g/ is full of 2 kinds of people:
1) Those who invested in Bitcoins and made a fuckload of money, they come here from time to time to laugh at those who didn't and make threads rubbing it in to all the doubters and naysayers.
2) Fucking idiots who didn't invest in Bitcoins and now feel like shit, they sulk and post shit in Bitcoin threads because they are super Jelly and have nothing better to do with their time. This pessimistic attitude of constantly needing to attack others success is what will hold them back in life and they will die forever alone and poor, but safe having not taken any risks.
1 hours later 32584835 Anonymous
>>32584808
>sheep willing to get buttfucked by buying into government schemes
enjoy your buttcoin crisis, once someone discovers an exploit
1 hours later 32584879 Anonymous
Is it a good idea to mine now that they are so valuable? Or I won't get shit? I have a ATI 4850
1 hours later 32584891 Anonymous
>>32584825
>thinking that everybody who wasn't in on tulip bulbs feels bad about it.
Paulbots, never change.
1 hours later 32584908 Anonymous
>>32584835
NSA too good at computer programming and network security, bitcoin is safe as long as you don't leave your client running or even better you use a lightweight wallet.
How mad are you because you know deep in your heart bitcoin is guaranteed to succeed because it has backing of the CIA/NSA?
1 hours later 32584930 Anonymous
>>32584891
>>thinking that everybody who wasn't in on tulip bulbs feels bad about it.
Yes because Tulip bulbs are a currency, and Tulip bulbs recovered to 5 times their original peak after their crash and grew on an organic logarithmic growth line.
Pessimists, never change. Forever alone.
1 hours later 32584942 Anonymous
>>32584908
>How mad are you because you know deep in your heart bitcoin is guaranteed to succeed because it has backing of the CIA/NSA?
Not at all, cause I live in germany and get free healthcare and money without running risk of ever becoming homeless. social democracy fuck yeah!
1 hours later 32584963 Anonymous
>>32584942
>cause I live in germany and get free healthcare and money
Nothing's free. Just wait until it's your turn for your 40% tax.
1 hours later 32584968 Anonymous
>>32584749
>>32584749
You should model that hai... oh wait that's tinfoil
1 hours later 32584973 Anonymous
>>32584963
I dont pay taxes :)
1 hours later 32584987 Anonymous
>>32584825
im the guy who asked the original question. whats wrong with asking questions? doesn't mean im a pessimist, im just thinking about the possibilities instead of blindly gambling my money.
you sound like someone who is late in on bitcoins and is trying to convince himself, like buyers remorse or something. at least try to use some logic in your posts instead of 'forever alone'
1 hours later 32584989 Anonymous
>>32584942
American taxpayers subsidize your national defense. The least you could do to support our troops would be to buy some of our CIA/NSA money. Ungrateful fuck.
1 hours later 32584996 Anonymous
>>32584973
What are you, Polish?
1 hours later 32585015 Anonymous
>>32584987
Been in Bitcoins since last summer when they were $7.50.
I'd say now is still early by the way, this time period isn't "late".
1 hours later 32585019 Anonymous
I traded .30 for 25$ on Amazon, Didn't want to really because I wanted to hold. I wanna keep my PSN+ for another 3 months. still sitting on around 2.5 or so.
1 hours later 32585029 Anonymous
>>32584930
>doesn't know what a currency is
>doesn't know what speculation is
>thinks a crash means there's intrinsic value at many times the base price.
1 hours later 32585041 Anonymous
>>32585029
?
>>/b/
1 hours later 32585050 chnchapters
>>32585015
compleley agree
Ive been buying and selling on swings
I think its gonna double its current price eventually
1 hours later 32585051 Anonymous
>>32583420
Bitcoin loophole: Google or other competent entity creates their own electronic currency:
Bitcoin down in a second.
1 hours later 32585059 Anonymous
>>32585015
Congrats on your gains dude
im asking questions about its validity as a currency. I have no doubt people can make a quick buck by trading it - but as a valid, long lasting currency? it's only smart to have doubt
1 hours later 32585082 Anonymous
>>32585051
The NSA would never let Google do such a thing. It needs to keep all those early mined bitcoins and easy as fuck ASIC mined coins
1 hours later 32585086 Anonymous
>>32585041
>>>/x/
1 hours later 32585106 Anonymous (mystash.jpg 989x676 123kB)
>not buying bitcoin/litecoins while they were dirt cheap and sitting on them
u jelly?
1 hours later 32585110 Anonymous
>>32585050
>I think its gonna double its current price eventually
I'm betting on it's value going to 4 times it's current value, or roughly just over $400.
It's market capacity, that's real world products such as electronics, amazon products, groceries and other services such as re-dd-it has grown from $0.5 billion to nearly $1 billion just this week. I think this can grow further to a maximum of about $4 billion. Just today a few major websites announced they are accepting Bitcoins as payment, and so I don't think 4 times it's current market capacity, and hence value, is unreasonable.
Even if all the speculator investors dump it, it will crash a bit, but not below $50, that's literally impossible since it has a market capacity of $1 billion now.
1 hours later 32585111 Anonymous
>>32583688
>>32583861
Sending currency between currencies with basically no charge. Bitcoins are perfect for this
1 hours later 32585129 Anonymous
>>32585111
>Sending currency between currencies with basically no charge
>Bitcoins are perfect for this
Except for instability worse than western union exchange rates
1 hours later 32585142 Anonymous (1344107886140.jpg 191x252 9kB)
>>32585106
YES I'M VERY JELLY
comon man share the wealth!
1BLyL7DhJ3qukNnrzRTBpUKj6Rsb3fd84E
1 hours later 32585156 Anonymous
>>32585129
There is a direct relationship between smaller markets and higher volatility.
The solution is to increase the size and value of the bitcoin economy
1 hours later 32585158 Anonymous
>>32585111
*countries
1 hours later 32585161 Anonymous
>>32585110
>thinking that people bought $1 billion off Amazon this week using Bitcoins.
1 hours later 32585172 Anonymous
>>32585161
>>thinking that people bought $1 billion off Amazon this week using Bitcoins.
That's not what was written.
1 hours later 32585188 Anonymous
>>32585172
You have no idea how currency works, do you?
1 hours later 32585195 Anonymous (1364344506940.png 4000x1500 85kB)
>>32585142
1 hours later 32585197 Anonymous
>>32585188
Go away.
1 hours later 32585202 Anonymous
>>32583420
You've broken my balls with this shitcoin currency any big entity with competent marketing would destroy it in a day by making just a new currency.
You're all victims of crooks advertising on 4chan. Wake up.
1 hours later 32585213 Anonymous
>>32585202
Noone would use it if a big entity made it, that's the whole point. Users make Bitcoins.
1 hours later 32585225 Anonymous
>>32585188
>The Economist takes bitcoin seriously, but I know better.
Look at this basement dweller he thinks he knows what he's talking about
1 hours later 32585244 Anonymous
>>32585197
Stop posting, then.
>confusing market cap with use
1 hours later 32585259 Anonymous
>>32585225
>hurr durr I have no idea what I'm talking about so The Economist.
1 hours later 32585271 Anonymous
>>32585225
Bitcoin is basement dweller's new crappy fiat and I feel sorry for everyone that expects glory future out of them
1 hours later 32585274 Anonymous
>>32585244
>market cap
I believe the term you're looking for is "money supply"
>>32585259
>hurr durr I have no idea what I'm talking about.
1 hours later 32585276 Anonymous
>>32584308
sent ;)
1 hours later 32585277 Anonymous
>>32585106
omg ur rich..
1 hours later 32585288 Anonymous
if people do start using shitcoinsto buy stuff, can't each coin only be used once?
so if $500m was spent then that is gone forever and converted into normal money?
1 hours later 32585289 Anonymous
I mined 1 bitcoin 1-2 years ago in some pool. Still have the miner but don't know how to get back on my account. Is there hope?
1 hours later 32585368 Anonymous
>>32585274
>hurr durr I have no idea what I'm talking about.
>thinks that if all 11 million bitcoins were spent at retailers they wouldn't dump them for USD.
1 hours later 32585409 Anonymous
>>32585368
I know you're bad at understanding money but maybe you wouldn't be so poor if you saved some of it. I don't think you should be buying another Chinese cartoon naked figurine with your debit card.
1 hours later 32585460 Anonymous
>>32585409
>doesn't understand speculation
>doesn't understand deflationary spiral
>thinks that a "currency" with no movement is priced as a currency.
1 hours later 32585494 Anonymous
>>32583884
That's not how it works.
2 hours later 32585618 Anonymous
>>32585460
>hurrr deflationary spiral
any drop in price would just cause idiots to start buying a fuckton more, increasing the price
its like some perpetual retarded currency thats been put out there
2 hours later 32585662 Anonymous (1364002786354.gif 500x281 509kB)
>lost my wallet with 1291 btc in a hdd crash
i want to kill myself
2 hours later 32585710 Anonymous
I am looking into getting a wallet, are any of these online ones trust worthy?
2 hours later 32585713 Anonymous
>>32585662
Holy shit. That's like what, $100K. You could have been rich!
2 hours later 32585720 Anonymous
>>32585618
like what happened when the tech bubble burst, or the housing bubble burst, or the tulip bulb bubble burst?
Remember, a stock can never be de-listed because as soon as it drops in value a little, people will rush to buy it up because it's now a good value!
Fucking retard Paulbots.
2 hours later 32585729 Anonymous
>>32585662
bullshit
2 hours later 32585774 Anonymous
was there ever an easier way to make money?
it's depressing.
2 hours later 32585873 Anonymous
>>32585774
You are discounting all the risk involved because you are looking at it in hindsight, just like all those faggots who think they will make it big in Vegas.
2 hours later 32585933 Anonymous
How much do you think it will drop when it will drop? I personally don't think it will go further down than $70 at this point.
2 hours later 32585936 Anonymous
>>32585873
The only risk is wasting electricity and not being able to use your gpu for playing games while you mine.
2 hours later 32586027 Anonymous
>>32585936
The period of time in which mining with a single card was feasible was fairly short unless you where into crypto stuff and knew of it.
And electricity is not free. Well unless you are in college dorm, though even there you probably paid for it in advance.
2 hours later 32586038 Le stupido (1362514698950.jpg 500x500 129kB)
2009 & 2010
Observe Bitcoin.
Be in college.
Have good amounts of Cash on hand (>70k€).
Be active in stock trading, program own automated systems etc...
Think about Bitcoins.
Think: Nah this junk bullshit wannabe money will never have any value.
Sometimes casually mention them in some of the trading tutorials that I give.
Nobody ever knows them coins...
Think Bitcoins are death....
2013
mfw.. 90$
dat hindsight bias
2 hours later 32586063 Anonymous
>>32586027
AMD GPUs are still worth it (but not for long), I think you're referring to CPU mining, which was only viable for around less than two years or so.
2 hours later 32586084 Anonymous
>>32586038
you probably also did this for hundreds of other risky stocks, and they all failed.
cheer up
2 hours later 32586114 Anonymous
>>32586027
It wasn't that short. In 2011 I was still able to mine a nice amount of bitcoins with a HD5770. And that's just a low range gpu. A 5850, 5870 or 5990 would have given you like $300-500 a day back then. Sadly I was even too poor to afford that and never really believed they would take off. When they dropped to like $10 I thought bitcoin was dead for good.
2 hours later 32586148 Anonymous
>>32585933
It has a LONG way to drop. How long it will take to get there is anybody's guess. "Those who do not learn from history are doomed to repeat it." Bitcoins are set up to repeat every single market flaw in the history of economics, and without possibility of remedy. Good luck finding bitcoins that have been transferred to a public IP with the wallet then taken offline.
2 hours later 32586170 Anonymous
Oh I wish I had a bitcoin in my wallet,
a bitcoin is what I'd really like to have
for if I had a single fucking bitcoin
I'd buy some booze and then go watch some porn.
1LPJN2Ba1bSnxYbx8QXTeZR6Cg2fE54hh3
2 hours later 32586288 Anonymous
I mined five bitcoin through a coop back when GPU mining was new, just in case it turned into the world currency. It just took an afternoon.
Not sure whether to hold onto it or just dump it for some hardware.
2 hours later 32586304 Anonymous
>>32586148
>Good luck finding bitcoins that have been transferred to a public IP with the wallet then taken offline
Why does this matter?
2 hours later 32586319 Anonymous
>>32586114
>$300-500
except that range is based on prices TODAY, even a year ago or so, you could mine about .5 to 2 coins a day depending on your rig
Remember that dude who traded 10,000 bitcoins for two pizzas like 2 years ago ?
It could potentially still be profitable to mine the coins IF you believe they will keep going up,
so you only make .04 of a coin in a day, but what if the value of that single coin shoots up to $1,000 suddenly you've making (potentially 40$ per day)
2 hours later 32586326 Anonymous
too expensive for me to buy in
2 hours later 32586371 Anonymous
>>32586319
Why not simply buy them if you are going to bet on them going up?
2 hours later 32586477 Anonymous (DUBE.jpg 268x448 78kB)
How to get into litecoinpool?
2 hours later 32586512 Anonymous
>>32586477
Might as well set your computer on fire, because you're throwing money away by diverting resources from buying/mining bitcoins.
2 hours later 32586612 Anonymous
Buttcoins are a pyramid scheme.
2 hours later 32586622 Anonymous
>Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It differs from its parent Bitcoin in that can be efficiently mined with consumer-grade hardware.
Lolwut? So they admit that they are just butthurt that they missed the BTC rush and want to fake another one?! What's the point? The initial reason BTC too off was because people started using it as a currency. Mining does not make a currency. But why would anyone use Litecoin over Bitcoin as a currency?
2 hours later 32586630 Anonymous
because I don't know if an HD 5770 will actually do shit
2 hours later 32586704 Anonymous
>>32586622
They were the people that thought bitcoins were stupid 2years ago. Why would anyone listen to these morons? I bet they think if they made a 4chan competitor using tinyboard they'll be overtake 4chan in popularity.
2 hours later 32586762 Anonymous
>>32586319
>except that range is based on prices TODAY
No one. It's based on the prices back then. When the difficulty was crazy low.
2 hours later 32586770 Anonymous
Every one in this thread needs to go read the "Bitcoin white Paper" if they have not already done so. Its 8 pages long and wrote by Bitcoin's creator. It is very easy to understand. If you wish to know more you can download the code itself and read it line by line. Or read whole books that have been wrote about the code and the system that is Bitcoin.
2 hours later 32586774 Anonymous
>>32586762
*nope
3 hours later 32586829 Anonymous
>bitcoin at $88
Schadenfreude, is, as they say, priceless.
3 hours later 32586845 Anonymous
Bitcoin Is about to pass one billion market cap.
its at 964,755,045 USD now
3 hours later 32586901 Anonymous
>>32586304
Because to use them as a currency means putting them into someone else's hands while the transaction of the physical goods takes place. A nontraceable route of thievery creates a problem.
If I work at Amazon and I illegally route your money into my bank account, this can be traced with normal banking, and reversed. With bitcoins it doesn't take a bank to do the electronic transfer or storage. Unless you can tell exactly which person is responsible for every single possible interaction, bitcoins are set up for flight. Two seconds and *poof* they're gone, leaving you with nothing but a meaningless wallet number and an IP address that doesn't necessarily have to have anything to do with the thief. So a retailer won't want them in their system. But to dump them off immediately requires a bank, but that leaves the bank open to theft. A bank can't operate if basically every single one of its employees can untraceably clean them out at a moment's notice.
3 hours later 32586914 Anonymous (image.jpg 848x440 73kB)
>>32586845
3 hours later 32586961 Anonymous (jimmy-valmer.jpg 320x240 67kB)
>>32586914
wow what a great audience
3 hours later 32587029 GOMADWarrior
cuz i dont enjoy being scammed
3 hours later 32587054 Anonymous
>>32586845
>Bitcoin Is about to pass one billion market cap.
>its at 964,755,045 USD now
What happens at the market cap?
3 hours later 32587063 Anonymous
>>32587029
The only people getting scammed were those who were told bitcoins were stupid when it was just $7/coin
3 hours later 32587081 Anonymous
>>32587054
Big party. Evening wear with top hats only.
3 hours later 32587105 Anonymous
I was excited by the ASIC miners and wanted to buy one. Being a grad student in physics I thought maybe I could augment my small stipend. I decided to project the expected growth in computation speed for ASIC miners assuming a Moore's Law type growth model and found I would on average break even with a butterfly labs miner. I'd certainly lose money with a 3rd batch Avalon miner (75btc per miner). I also improved the model using some actual future shipping estimations from Avalon and Butterfly Labs.
So, I've done the math and found that I can't make any money with the miners that would ship if I ordered one today. Unless I make the assumption the price of bitcoins goes up by a lot, like double. So, buying a mining rig is no different than speculating in bitcoins. I shouldn't be surprised, mining is a zero sum game after all.
3 hours later 32587130 Anonymous
>>32587054 lots of news, because it is a billion...
3 hours later 32587159 Anonymous
>>32587130
Which means at least a small bump upwards.
3 hours later 32587213 Anonymous
>>32587159
Big bump upwards in my pants
3 hours later 32587223 Anonymous
>>32587105
What the fuck are you talking about? 60 watt / 60 GH/s for 1300$ at butterfly labs. You'll get it back in less than a fucking week.
3 hours later 32587272 Anonymous
>>32587223
You have to take into account all the other units that will be shipping between Avalon and Butterfly labs. You'll have one of these miners, but so will everyone else.
3 hours later 32587289 Le stupido (1339634094236s.jpg 251x191 5kB)
>>32587063
Bitcoin from this point will rise A LOT.
Then drop and many people will lose some money but not sell, and the price will reach a new equillibrium at a popint that most people here consider to high for buying.
3 hours later 32587327 Anonymous
So how can a poor guy like me profit?
I got barely any capital. Looks like it's a case where the rich get richer. I could try to get a quick job and buy bitcoins but what if they crash? A rich guy can take some losses but not me.
3 hours later 32587343 Anonymous
so does anyone really donate?
1AdfQFFWcsEY1w48uDn6FhmTd7PN2tbB9U
i am new to bitcoins btw
3 hours later 32587353 Anonymous
>>32587343
sent ;)
3 hours later 32587363 Anonymous
>>32584879
I'm mining with a 7870 and i'm getting like .02 a night, if i'm lucky.
3 hours later 32587370 Anonymous
Does anyone have a single fact to prove that CIA/NSA are involved with Bitcoin?
3 hours later 32587372 Anonymous
>>32583635
That's what people said when BTC were at $30. Now they've trippled their money. While you're waiting for a crash that will never happen, the rest of us are getting rich.
Just like you missed out on teen love. You were too busy playing on the computer while the jocks were out getting drunk at parties and having lots of wild sex. You will never know what it's like to look up at the stars on a warm summer night with a girl by your side. You'll never know the excitement of her giving you a HJ under a blanket while you watch a movie at her house. You will never take her to prom. You missed out.
Don't make the same mistake again. Don't miss out on Bitcoins. You already failed at life once. Don't fail again!
3 hours later 32587375 Anonymous
>>32587327
>but what if they crash?
I hate buttcoins, but how is this different from any other investment of any sort?
3 hours later 32587383 Anonymous
>>32583420
I have half a litecoin, fear me. 500KH/s good or bad?
3 hours later 32587401 Anonymous
I bout 50 btc when they were $5. I'll sell when they hit $1000 ;)
3 hours later 32587404 Anonymous
>>32587383
Enjoy your can of Dr. Pepper.
3 hours later 32587412 Anonymous
>>32587404
whoo.
3 hours later 32587427 Anonymous
>>32585288
no, the trade is added to the bitcoins information. The bitcoin is just in a different wallet, it is still usable.
3 hours later 32587428 Anonymous
>>32587383
What video card do you have?
3 hours later 32587432 Anonymous
>>32587353
thx dude ^^
3 hours later 32587456 Anonymous
SO can i get like real money for bitcoins
3 hours later 32587460 Anonymous
>>32587327
>So how can a poor guy like me profit?
You don't.
The rich people here got rich with luck and strategy, just like the real world.
The people who are like WHOA BITCOINS ARE HIGH GUESS ITS A GOOD MARKET TO BE IN NOW! Are exactly the saps everyone else is using for estimating the market on, the people who buy. The ones who made it were the ones who pooled for MONTHS and already did quick jobs to get solo rigs. I say you stop being lazy and get the job anyways, you ass and learn how to keep your finances.
3 hours later 32587463 Le stupido (1_n.jpg 612x612 58kB)
>>32587327
walk away from bitcoins.
The little guy will always be the rich guys bitch.
>>32587372
Dat perfect psychological advertising for /g/ target group. You almost got me with this.
3 hours later 32587464 Anonymous
>>32587428
2x 6950, actually I was wrong on the 500KH they get around 385 per card it seems, though my system stutters a lot when mining.
3 hours later 32587470 Anonymous
>red
>going down
Here it comes.
3 hours later 32587471 Anonymous
>>32587456
Yes. Speculation is pretty much all they're good for except buying pot online.
3 hours later 32587477 Anonymous
>>32584326
If you buy now,
THE ONE THAT WILL TAKE MY WALLET TO ITS END
3 hours later 32587479 Anonymous
>>32587370
Can you name a single major development in crypto which did not involve the NSA/CIA direct development or funding after WWII?
3 hours later 32587535 Anonymous
>>32587159
most likely. You know, because it is a billion and people think it is a stable currency.
3 hours later 32587541 Anonymous
>>32587460
So what's the purpose of these threads? Showing off? If you already made money off bitcoins shouldn't that alone satisfy you? Why do people have to rub it into everybody elses faces?
3 hours later 32587554 Anonymous
>>32587541
>implying everyone isn't lying anyway
3 hours later 32587566 Anonymous
>>32587541
This isn't even showing off. The real gloating will commence when bitcoins reach $1000/coin.
3 hours later 32587567 Anonymous
I'm too stupid to understand bitcoins, I know.
I really can't understand how a bitcoin can give you real money. I think when it started... you mine, ok. But if everyone was mining, where are the real money?
3 hours later 32587571 Anonymous
>>32587464
seems pretty good m8
https://en.bitcoin.it/wiki/Mining_h ardware_comparison#Multi-Card_Setup s
3 hours later 32587585 Anonymous
>>32587541
Speculation and getting a feel of the market. And people are still interested. This thing is just starting. Mining is over sure, but bitcoin if it's a success has a long way to go.
3 hours later 32587588 Anonymous
>>32587566
Agreed
3 hours later 32587595 Anonymous
>>32587566
>$1,000/coin
Oh I guffawed.
3 hours later 32587608 Anonymous
Should I buy $100 of bitcoin or $100 of litecoin?
Bitcoin will probably go higher, but if litecoin even reaches $10 I could make a nice $2000.
3 hours later 32587619 Anonymous (1363177709553.gif 320x213 847kB)
MINE LITECOIN NOW
3 hours later 32587624 Anonymous
>>32587608
>$100 of bitcoin
so one coin?
3 hours later 32587626 Anonymous
>>32587608
All the off shoots of Bitcoin are scams.
3 hours later 32587635 Anonymous
>>32587608
In the short term, all the masturbation is over Bitcoin, so I'd go with it.
3 hours later 32587638 Anonymous
>>32587619
>>32587608
I'm going for litecoin. The mining required is minimal so even if it doesn't increase I will be good.
3 hours later 32587643 Anonymous
>>32587541
>>32587566
Beat me to it
It's an interesting topic, welcome to /g/ you underaged newfag. Bitcoins are fun to talk about and if you can convince moot to finally have a fucking finance board we would move this to that in a heartbeat.
3 hours later 32587680 Anonymous (1363952631527.gif 450x288 510kB)
Buy now and lose tons of money?
or regret it later when bitcoins climb even higher?
aaaah this is killing me
3 hours later 32587682 Anonymous (feelcoin.jpg 530x526 54kB)
>>32587372
3 hours later 32587698 Anonymous
>>32587608
Litecoin failed. It was supposed to be a way to level the mining playing field by making CPU Memory intensive mining as good as GPU mining and it failed at doing that. And besides there is not clear incentive for anyone to use it at all. I wouldn't be so sure that it will ever increase that much in value.
3 hours later 32587699 Anonymous
So i have a good rig should I just use that to mine bitcoins. IS this one of those things where I have to leave my shit running 24/7.
I used to bot in RS and made better money in better time than it seems with buttcoins
3 hours later 32587705 Anonymous
>>32587638
>mining worthless scam coin.
YFW bitcoins are $1000 and scam coins are 0. How much are ixcoins worth again?
3 hours later 32587754 Anonymous (photo.jpg 460x288 75kB)
>mfw the only thing it'll take to cause a Bitcoin collapse is one or two owners of a large number of them to decide to sell
3 hours later 32587764 Anonymous
Should I start buying bitcoins now, or is it too late?
3 hours later 32587783 Anonymous
>>32587567
No such thing as real money. If enough people believe something has value, then it does.
3 hours later 32587816 Anonymous
>>32587764
It's too late unless you want to shell out for an ASIC.
Mine litecoin.
3 hours later 32587832 Anonymous (tumblr_mcu55xgkas1rk5d6vo1_.jpg 620x465 26kB)
Because I don't need to.
>tfw Ph.D in math, 300k starting.
3 hours later 32587834 Anonymous
>>32587754
Perhaps they never do for two good reasons.
1. Taxes.
2. Once they start flooding the market they might loose up to 20% of their original value since I don't think anybody will process their transaction of millions of $$ without much hassle.
If bitcoins keep soaring slowly as people start using them and they stabilize a bit they might become as good as any other currency to keep money within.
3 hours later 32587844 Anonymous
>>32584440
>>32584474
>>32584490
>>32584498
sent ;)
3 hours later 32587852 Anonymous
>>32587479
But this doesn't advance cryptography or cryptanalysis.
3 hours later 32587863 Anonymous
>>32587832
well good for you.
3 hours later 32587930 Anonymous
LTC Litecoin,
NMC Namecoin
PPC ppcoin
TRC Terracoin
DVC Devcoin
IXC IxCoin
NVM NovaCoin
FRC Freicoin
RUC Rucoin,
Qubc
LQC Liquidcoin
SC Solidcoin
GGT Geist Geld
TBX Tenebrix
FBX Fairbrix
IOCIOCoin
CLC Coiledcoin
RUC rucin
TimeKoin
Beertokens
BBX BBQcoin (yes a BBQ coin)
MMMMMMcoin (dead coin by notorious scammer SPMaroidi)
Digi Cash
Ripples
>THE LIST GO ON. ALL OF THESE COINS ARE FAKE OFF SHOOTS OF BITCOIN
3 hours later 32587973 Anonymous (fuck this gay earth and everyone in it.gif 500x270 1010kB)
So if I actually bought 50 bitcoins at $5 a pop, I would be up over $4000 by now. And if BTC reaches $1000 as someone said, I'd've had $50k in my wallet.
I knew I should've bought some. I knew it.
3 hours later 32587975 Anonymous
1AJM7PLeN3FdT9inYbRRP78rrrwJMQBvP3
3 hours later 32587979 Anonymous
>>32587832
Wrong picture, idiot.
3 hours later 32587980 Anonymous
>>32587930
rEALpAY
oPENCOIN
gROUPCOIN
wEEDS
aMAZON cOIN
3 hours later 32587992 Anonymous
>>32587852
Nearly all major reference crypto tools, not just algos.
There is also novel use of key security via hashing as crypto protection (using multiple crypto classes) to protect keys. Hint: mainline bitcoin client sends the remainder to a new address is NOT for anonymity reasons.
3 hours later 32588002 ennui
>>32587930
some are scams (premined), some aren't. litecoin isn't necessarily a scam, it just isn't useful for anything aside from basic transfers and being a vehicle for speculation at this point, but could eventually reach around 1/4th the value of bitcoin as was intended.
litecoin is the runner-up to bitcoin though as it has the next highest market cap and is actually traded a good amount on btc-e.
3 hours later 32588046 Anonymous
Ok what are the chances litecoin will fail hard?
3 hours later 32588048 Anonymous (Сара-Кауман-Саркастичная-няша-прикол-отношения-177063.jpg 300x277 25kB)
>>32587973
this is bitcoin in a nutshell
regret everywhere
3 hours later 32588081 Anonymous
>>32588046
100%
if you think otherwise I have some ixcoins and namecoins to sell you.
3 hours later 32588098 ennui
>>32588046
no one knows bro, cryptocurrencies are uncharted territory for the most part.
invest only what you're willing to lose. if you're going to start mining litecoins with a few video cards, be prepared to sell them in a few months time if it becomes unprofitable or litecoin falls off of the face of the earth.
3 hours later 32588117 Anonymous
So unless you are rich or own a supercomputer getting into bitcoin is impossible now.
What do? Try to steal wallets?
3 hours later 32588150 Anonymous
>>32588117
Buy it on an exchange like a normal person
If you wanted to buy your waifu gold, do you go panning for it at a river?
4 hours later 32588213 Anonymous
>>32588117
Mine Litecoins and pray for a miracle.
4 hours later 32588222 Anonymous (1349421692000[1].jpg 550x453 36kB)
>>32588048
>Could have been a millionaire.
4 hours later 32588226 Anonymous
It's been oscillating in the high 80s for a few hours now. I think at this point everybody is just waiting for something to happen. Even most legit users are big speculators and probably holding onto their BTC to see what happens.
4 hours later 32588250 Anonymous (130783643800120110725-22047-1euk606.jpg 267x181 9kB)
>>32588222
>alternatives: working minimum wage
4 hours later 32588257 Anonymous
>>32588046
bitcoin exists because there was a requirement for fast and secure distributed currency.
there is literally no reason for litecoin to exist. it was created by miners who were butthurt because they couldn't print money anymore.
4 hours later 32588277 Anonymous
>buying into a volatile currency thats not backed by anything except what neckbeards all trying to make a quick buck will pay for it.
4 hours later 32588290 Anonymous (1350761965227.jpg 490x490 33kB)
>>32588250
>tfw only option left is to start medical school
I hate living in a developed country
4 hours later 32588321 Anonymous (image.jpg 128x160 7kB)
>>32588277
You have offended king neckbeard.
4 hours later 32588361 Anonymous
Guys Guys again you all need to read the "Bitcoin White paper just Google it. Its only 8 pages long and There are lots of pictures.
4 hours later 32588362 Anonymous
>>32588257
You are a pathetic moron. EXACTLY the same reason makes bitcoin vulnerable.
In fact, imagine google making a currency, it will destroy all those currencies overnight.
Or pretty much anyone with SETI-like distributed systems really.
Bitcoin's marketing is shit and pretty much any serious entity can beat it in a week's work.
Be certain, if this ever takes off to touch the ears of the big guys, IT WILL BE coppied and Bitcoin collapsed in a day or two.
4 hours later 32588382 Anonymous
>>32588290
but that doesn't sound too bad?
>work your ass off during school
>make loadsamoney later
4 hours later 32588407 Anonymous
>>32588362
Its already been copied. Google Bitcoin alternatives. Face book is king because it was first. Bitcoin is king because it is first AND has no affiliation with any Company or government.
4 hours later 32588423 Anonymous
Why does litecoin or bitcoin only work on AMD cards?
4 hours later 32588434 Anonymous
>>32588362
>a bloo bloo bloo why didn't i get into bitcoin? it's shit anyway so i'll just rag on it while everyone else makes money
>a bloo bloo bloo
Top LEL.
4 hours later 32588439 Anonymous
You all need to read this PDF
http://bitcoin.org/bitcoin.pdf
4 hours later 32588442 Anonymous
>>32588407
All the Bitcoin GPU miners are going to jump ship to Litecoin once ASIC's hit.
Mark my words.
4 hours later 32588446 ennui
>>32588407
this si copypasta right
4 hours later 32588457 Anonymous
>>32588442
Not mine.
4 hours later 32588464 Anonymous
>>32588362
>doesn't realize the NSA own a large portion of all the bitcoins and won't let some fucking bullshit private entity shut down their gravy train.
You think Satoshi Nakamoto isn't a group of the nation's top crypto scientists and instead some bullshit game someone made in their basement? You think the spooks didn't just bully fincen into legalizing bitcoin?
If you're this mad already, how mad will you be when bitcoin reaches $1000?
4 hours later 32588471 Anonymous
>>32588446
You can't reinvent Bitcoin its Perfection.
4 hours later 32588484 Anonymous
>>32588464
Is that a bad thing?
4 hours later 32588501 Anonymous
>>32588362
bitcoin is super easy to copy since it's opensource.
you just have start your own blockchain.
the hard part is convincing people to use it.
>IT WILL BE coppied and Bitcoin collapsed in a day or two.
why would bitcoin collapse just because there is an alternative to it?
4 hours later 32588530 Anonymous
I don't care who made it. The Code is a master peace of mathematics. Who ever made it was thinking not just hundreds of years into the future but thousands.
4 hours later 32588559 Anonymous
>can't support high volume of small transactions
>each transaction is 100% public (addresses, not IP)
>in order to participate in the network you need the entire blockchain downloaded, which will only increase in size forever
>you need to wait 6 blocks to actually be sure a transaction is valid
I'm all for a P2P currency, but seriously?
4 hours later 32588582 Anonymous
Anyway I can get in on this now? I ignored this for ages
4 hours later 32588602 Anonymous
It sure as fuck is a bad thing for the future of litecoins.
Reminder that core bitcoin developers have attacked and shut down alternate cryptocurrencies when they get large enough to pose a threat. See ixcoins
4 hours later 32588605 Anonymous
Here's the reason why I haven't participated in Bitcoin yet.
BECAUSE THERE HAS NEVER BEEN A PERSON WHO DOES BITCOIN PUBLICLY, THERE ARE NO COMPANIES CREATED TO CATER TO THE NEEDS OF CUSTOMERS SEEKING TO GET INVOLVED IN BITCOIN.
It's essentially a hobby currency.
4 hours later 32588609 Anonymous
>@gmx.com
Why would a supposedly Asian person have a GMX account?!
4 hours later 32588610 Anonymous
>>32588559
This. Bitcoin will eventually collapse under the weight of its silly requirements.
4 hours later 32588624 Anonymous (thejelly.jpg 500x369 198kB)
YFW i made 70btc buying and selling TRC for about 7 days.
4 hours later 32588662 Anonymous
>>32588559
>Never heard of SPV
>doesn't realize unspent output hash solves the problem.
4 hours later 32588679 Anonymous
>>32588624
trc?
4 hours later 32588681 Anonymous
>>32588624
What exchange did you use?
4 hours later 32588685 Anonymous
>>32588559
It can support High volume of small Transactions.
But SDice is flooding the network with millions of 0.00000001 transactions. They take up over 80% of the network they need to be viewed as a threat. And in the future if they still need to expand then they can increase the block header size to allow more transactions into each new block.
You do not need to download the full block chain to use Bitcoin but you should cause it makes the whole network more stable.
I would like to see western Union Send 100,000 dollars around the world within minutes with only a 25 cent fee.
4 hours later 32588718 Anonymous
HEY GUYS
guess what's gonna happen when summer hits?
remember last summer?
it doesn't matter when you buy now, you're going to make a profit come july or august
4 hours later 32588724 Anonymous
>>32588681
Vircurex.
I had 5 btc sitting in the account for like a year, figured what the hell and sold 3btc for like 23000trc, it skyrocketed, and i made 70btc off an initial investment of 3btc.
4 hours later 32588737 Anonymous
I'm thinking about building a *coin portfolio.
How does this sound?
>$50 BTC - $100 LTC
Basically, I'm using BTC as a hedge, since it will probably go over $500 by the end of the year. LTC is the best alternative, but it's highly risky at this point - but also insanely cheap. $100 of LTC today could easily be worth a few hundred down the road. And if it does reach 1/4 of the value of BTC, that could be a few thousand.
4 hours later 32588742 Anonymous
>>32588559
A bank money wire (regardless of amount) costs a minim of 75 dollars to send cash from the USA to say some place like Japan.
4 hours later 32588748 Anonymous
>>32588718
ASICs don't get that hot
4 hours later 32588782 Anonymous
>>32588737
Or you could put 100% into bitcoins because litecoins are a scam doomed to fail.
4 hours later 32588814 Anonymous
>>32588782
You are just jelly there is competition to your precious buttcoins.
4 hours later 32588828 Anonymous
>>32588782
>scam
You keep using that word..
4 hours later 32588854 Anonymous
>>32588782
The upside of litecoin is that for now it's asic resistant. So when btc mining is completely unminable for those with fpga/gpu farms they'll jump ship to ltc/ppc/trc.
4 hours later 32588876 Anonymous
TPTB can shut down BTC tomorrow if they wanted it, and completely wipeout the price of buttcoins overnight.
All they have to do is make them illegal in the United States and the price will drop like a rock.
If TPTB can sanction transactions to Iran/NK than they can put the same ones on buttcoin transactions.
What happens when people can't get paid for their buttcoins? They become inherently worthless
4 hours later 32588882 Anonymous
>>32588782
I acknowledged the risk of LTC, but BTC was also risky, and those that invested a small amount are still reaping the rewards.
4 hours later 32588921 Anonymous
>>32588876
What if TPTB have buttcoins themselves?
4 hours later 32588927 Anonymous
>>32588882
Why would anyone use LTC instead of BTC?
4 hours later 32588934 Anonymous
>>32588927
The blackmarket on TOR is cheaper.
4 hours later 32588936 Anonymous
>>32588814
Just trying to help you out because of all the failed alt cryptocurrencies. There's no reason litecoins will be any different. I know you dumb shits are new to this because you regret not mining last year and haven't paid attention (you probably weren't around during ixcoin), but when I say those scam coins have all failed, I'm not exaggerating.
4 hours later 32588953 Anonymous (392977_526739960683741_102845709_n.jpg 494x960 94kB)
So I relieved my dumbass roommate of a couple btc because he lied about not mining anymore (our utility bill is through the roof).
He doesn't know I have root on his box.
How do I get those coins out of my wallet and out of an exchange without him following me through the blockchain?
4 hours later 32588965 Anonymous
>>32588921
theres no need...they already make their money manipulating the real capital markets...BTC is small change to them but a very real danger to precious capital markets...thats why they will shut it down
4 hours later 32588983 Anonymous
>>32588953
I don't believe you for a second anyone would be able to hear the noise and call out their roommate to shut that shit off
4 hours later 32589021 Anonymous
>>32588953
fogcore5n3ov3tui.onion
4 hours later 32589048 Anonymous
>>32588965
What will happen when china and India demand for their currencies to be over 50% of IMF SDRs?
Protecting the banking system is a means to an end. If you can't figure out how bitcoins help in that situation I don't know how to make it any more obvious without explaining it like you're raddit
4 hours later 32589064 Anonymous
>>32588953
He'll just be able to see that it's gone to another address but that's it. It's not his anymore.
4 hours later 32589069 Anonymous
1k5VM5pRvyddXx6PtBKJyfMEM9YF11GWc
4 hours later 32589073 Anonymous
gimme buttcoins pl0x
1KXpm1vJMw5M8HqcLoaALyPQwHj8uJTTSP
4 hours later 32589087 Anonymous
>>32589069
>>32589073
Sent ;)
4 hours later 32589091 Anonymous
>>32589048
fair enough
4 hours later 32589098 Anonymous
>>32588983
He does 3D modelling and claims he is rendering 24x7 on his little farm
except when I look at running processes, this are a bit different...
>>32589021
will look into it, thanks
but what about the FINCEN money laundering deal?
4 hours later 32589107 Anonymous
>>32588530
>Who ever made it was thinking not just hundreds of years into the future but thousands.
21 million coins limit
coin only divisible to 8 decimal places
yeah, no.
4 hours later 32589150 Anonymous
>>32589098
You don't have to worry about the illegality of stealing your roommates bitcoins and laundering it because your roommate doesn't exist.
4 hours later 32589190 Anonymous
>>32589107
Convert the 64bit int to 128 bit, more decimal places. Doubt it's necessary but it's an option.
4 hours later 32589210 Anonymous
Mtgox is fincen
Fincen is mtgox
You guys are all going to prison
4 hours later 32589239 Anonymous
>>32589210
underageb&
4 hours later 32589317 Anonymous
>>32589107
Global GDP is about $70 trillion USD. Divided into 21 million BTC with a satoshi being worth 100 millionth of a Bitcoin, that comes to about $0.033 USD per satoshi; a sufficiently small amount.
Bitcoins will never handle all of GDP. But I'm just pointing out that in a "worst case" scenario, Bitcoins are fine.
4 hours later 32589320 Anonymous
Crash at 100 or new paradigm?
4 hours later 32589356 Anonymous
>>32589317
The bigger problem is the blockchain. You couldn't even handle all of the transactions of amazon without growing the block to a disgusting large degree.
4 hours later 32589386 Anonymous
>>32589320
Its gonna drop back down to 10 cents, than go to a hundred, this way everyone gets rich
4 hours later 32589415 Anonymous
>>32589317
GDP is the wrong measure, mate. You're looking for m2 money supply (or maybe m3).
M2 is at around 10 trillion
4 hours later 32589425 Anonymous
>implying the bubble won't pop soon.
You people thinking the price is only going up indefinitely are retarded tbh. This has all the signs of a bubble that will burst soon.
Even mainstream UK news did a piece on Bitcoin last night. We're at the stage of the market cycle where EVERYONE is getting in on the action thinking it's the next biggest thing and is a certain bet. This artificially inflates the bubble whilst everyone goes manic.
That, ladies and gentlemen, is the time to sell.
4 hours later 32589437 Anonymous
>>32589356
Unused Output Tree makes the problem irrelevant for users.
5 hours later 32589470 Anonymous
>>32589098
>he is rendering 24x7
I don't have that tearing laugh reaction image
honestly if I were you Id exchange for any other *coin and then buy back the bitcoin into your wallet
Of course this is if your roommate is a total asshole but quiet, Id get violent if anyone stole money from me
5 hours later 32589477 Anonymous
>>32588953
what if I play them all on satoshi dice by .01 increments? wouldn't I statistically get away with 98.5% of those coins?
5 hours later 32589522 Anonymous
>>32589425
>Even mainstream UK news did a piece on Bitcoin
So you're saying your mom knows more than you about how bitcoins work?
5 hours later 32589523 Anonymous
Can you even mine litecoin anymore? Or did all the people with good rigs already increase the difficulty to that of bitcoins?
5 hours later 32589533 Anonymous
>>32589425
>This has all the signs of a bubble that will burst soon.
You provided none.
5 hours later 32589638 safasf
16b5KjD1Xx1Bwzmq7n9u9jPrKpkKbR7EDV
5 hours later 32589699 Anonymous
Can anyone tell me how to adjust intensity on CGMiner?
5 hours later 32589745 Anonymous
if anyone wants to share tthe wealth :D
1NdUCpy1guFLRwMHqMu1vG5ZVC5hkJxxNU
5 hours later 32589810 Anonymous (Stages_of_a_bubble.png 800x519 143kB)
>>32589533
Just be aware of the situation. Name one bull market bubble that hasn't burst. Just look out for the signs and be prepared to sell when the times write. People claiming $1000/coin are so delusional. They're saying BC will be almost as valuable as Gold ffs.
They even had footage of Silkroad. This shit isn't underground anymore, it's mainstream. We're well and truly in the mania phase. But whatever, the choice is yours.
5 hours later 32589853 Anonymous
>>32589810
It's like 2011 again
5 hours later 32589882 Anonymous
>>32589810
>We're well and truly in the mania phase
not even close imo. you're here and around other tech sites, so you think there's "mania", but out in the real world there isn't. most people still don't know what the fuck a bitcoin is.
5 hours later 32590019 Anonymous
SILKROAD JUST SHUT DOWN
SELL SELL SELL
5 hours later 32590021 Anonymous
>>32589882
Well among the people who are actually concerned about them this is a mania phase. The general public may not be concerned about it at all at this point, but how long will it take to gain main stream media attention? That could take years. It could happen soon. You really don't know. Buying them in hopes that it will gain main stream media any time soon would be stupid.
5 hours later 32590045 Anonymous
>>32590019
I like how people actually bought and sold weed there. Its so easy to get in town pretty much anywhere. Why would you want to risk someone sending it through the mail to you?
5 hours later 32590331 Anonymous
>>32590019
Bullshit.
5 hours later 32590468 Anonymous
ITT: people believing that manouvering /g/ with few post will actually influence the market in any way
5 hours later 32590666 Anonymous
>>32590331
They probably switched URLs again, and or are down temporarily if anything.
5 hours later 32590817 Anonymous
>>32590468
yeah no that's what rebbit/r/bitcoin is for
threads on /g/ usually end up simply being begging threads
5 hours later 32590871 Anonymous
>>32590468
>Implying that there aren't some massive financial institutions or wealthy investors into Bitcoin with more than /g/ combined who are manipulating the market like they do with Gold and Silver.
>/g/ not realizing they're being played
6 hours later 32591013 Anonymous
>>32590871
They probably are, but one can always follow their tail.
I mean, the retard that is buying buttcoin now for long-term investment is a fucking retarded and their money should be obliterated.
6 hours later 32591290 Anonymous
>>32587372
Oh god, It burns
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