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Thread: bitcoin

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  1. #1 Default bitcoin 
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  2. #2 Default  
    it's interesting. the possibilities are endless.

    Apart from fees, couldnt you do everything with paypal already?
    Oh Yeah!
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  3. #3 Default  
    Bitcoin is going to fail. There are so many spin off copies of it already that it can't really go anywhere. There's even a copy named after that annoying dodge meme.
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  4. #4 Default  
    Any given crypto currency may fail, and bitcoin is currently the most significant bubble in the world (although amusingly, you cannot really profit from betting on it crashing, for amusing reasons - mostly that the only way to get paid on your bet is in post crash bitcoin, after you bet pre crash bitcoin) - but the overall concept could likely stand up over time - the current competitive environment will require failure before it flushes out.

    I wouldn't put any money into anything relating to it though, in terms of investment - other than just throwing it away on a lark, or if you need to do something illegal in Africa or something.
    Just the right amount of way too much.

    Don't make me assume my ultimate form.
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  5. #5 Default  
    litecoins are where its at.
    1991 VW GTI 8V ლ(́◉◞౪◟◉‵ლ)
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  6. #6 Default  
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    dogecoin. Best because it brought the Jamaican Bobsled team to the olympics

    http://www.latimes.com/business/tech...#axzz2rchliSWo
    2012 TT-RS
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  7. #7 Default  
    Quote Originally Posted by EJF View Post
    dogecoin. Best because it brought the Jamaican Bobsled team to the olympics

    http://www.latimes.com/business/tech...#axzz2rchliSWo
    Damn. Beat me to it lol
    Quote Originally Posted by cegan09 View Post
    brass isn't good enough for those guys. Too heavy. They have burnt titanium because they are that awesome.
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  8. #8 Default  
    Stupid.
    Bath salts and dick pills
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  9. #9 Default  
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    I think it's easier to equate it to a commodity than a currency right now. If it gains traction and really takes off I might reconsider, but not with the limited use it has right now.
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  10. #10 Default  
    It's also impossible to get into mining right now without spending thousands on specialized hardware. I set up my desktop to run in a pool for fun since I do nothing with it. In a month I've made about $0.20 worth of Bitcoin.
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  11. #11 Default  
    Unless you get your power for free, mining it is literally a waste of money these days.
    (I guess you could argue the intangible econ sense of it, where you derive enjoyment out of it, etc)

    If you want to make a lot off of it in a computing sense, focus on stealing bitcoin wallets.
    Just the right amount of way too much.

    Don't make me assume my ultimate form.
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  12. #12 Default  
    Quote Originally Posted by omgomg View Post
    Any given crypto currency may fail, and bitcoin is currently the most significant bubble in the world
    student loans.
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  13. #13 Default  
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    Quote Originally Posted by Big Pete View Post
    student loans.
    ^^This. How do I bet against student loans like I should have bet against mortgages in 2005?

    -Justin

    White Hairdresser's Car, Orange Car with Hand-Built Engine (Like AMG) and 6-Speed (Not like AMG)
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  14. #14 Default  
    Bitcoin exchange CEO arrested for money laundering

    http://money.cnn.com/2014/01/27/tech...itcoin-arrest/

    Everyone has a photographic memory, some just don't have film.
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