Bitcoin thread anyone?

Discussion in 'Crypto Assets' started by COB, Jun 8, 2011.

  1. What shame you lunatics didn't just collect stamps like decent folks did for 100 years. My collection would be worth a lot more.
     
    #601     Oct 20, 2013
  2. I do in fact have stamp collection and I'm not 100 years old. :p
     
    #602     Oct 21, 2013
  3. Pekelo

    Pekelo

    Do stamps appreciate 50% in 3 weeks? Didn't think so, but in any case, I also have a stamp collection from my childhood.
     
    #603     Oct 21, 2013
  4. m22au

    m22au

    Well I'm the odd one out - I have neither a stamp collection, nor any Bitcoins.
     
    #604     Oct 21, 2013
  5. No, you have company.

     
    #605     Oct 21, 2013
  6. No, you have company.

     
    #606     Oct 21, 2013
  7. Pekelo

    Pekelo

    It is way over $200. And before somebody is bitching that I am quoting MtGox, even on Bitstamp it has hit 200 today.

    100% return in 3 weeks, beats the stamp collection for sure....
     
    #607     Oct 23, 2013
  8. 2 kinds of people own bitcoins imo

    same type of folks that owned nasdaq stocks on the late 90's. Doesn't matter that its ridiculous, they outnumber you, they will run you over.

    [​IMG]

    & criminals.

    Something silly that goes up and down, uh, try penny stocks, easier to trade.

    bc to 1000? y not.
     
    #608     Oct 23, 2013
  9. lol

    is there any doubt to the greatness of btc?
     
    #609     Oct 23, 2013
  10. you been bitching and moaning since bitcoin was at $15 like a sore loser, It is now $200+ and you still banging your head against the wall.

    Majority who invested in bitcoin made a lot of money already, you on the other hand lose...just lose.

    --------------

    On unrelated news, there is now an exchange where you can buy mining hashpower without need to setup your own hardware. It's pretty cool, you basically pay btc in exchange for 1 GH of mining power which will immediately goto work mining bitcoins for you, i tried it with a few btc and everything was very well designed.

    https://cex.io

    However you need to be extremely carefully investing in bitcoin mining hardware, virtual or otherwise. With the difficulty increasing 60% every 2 weeks, you can easily lose your shirt buying hardware. 99.99% of the time you better off just buying bitcoin or holding onto it instead of investing in hardware right now.

    I bought 60 GHs of mining power at 0.14 btc/gh to test it out (just to contrast, 4 months ago, it was 5 btc/gh, meaning the price of the miner lost 97% of its value). Anyway 2 days after my purchase, it was at 0.13/gh, realizing the next incoming shitstorm that is the difficulty gap, i sold at 0.125, 1-2 days later, it is now at 0.08 lol. So pretty much the hardware lost ~40% of its value in 3 days, meanwhile the btc/usd continues to gap.
     
    #610     Oct 24, 2013