Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Jewboo
The most popular bitcoin exchange, Tokyo-based Mt.Gox announced overnight that it had been the victim of a hacking attack after experiencing a severe lag with its systems. The complications meant the price quickly sank to below $115 before regaining ground to $130 by 6.00 a.m. London time on Thursday, according to Bitcoincharts.com.
Linky
:o
DDOS is a pain.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
sirgonzo420
DDOS is a pain.
Probably some guy who is attempting to drive down the price of bitcoins so he can buy a bunch.
Re: The Bitcoin Tracking Thread
perhaps it time to change the name of the forum to bitcoin-litecoin.us.
Re: The Bitcoin Tracking Thread
Here's a place where you can buy and sell bitcoins locally:
https://localbitcoins.com/
And here's the sound of change taking place:
http://www.listentobitcoin.com/
Re: The Bitcoin Tracking Thread
Quote:
The program is set up so that there will be
21 million mined Bitcoins by 2140, and then it stops (there are about 11 million Bitcoins in circulation today)
What happens when they hit the magic ceiling, do they all self-destruct?
Miners will be forced to reduce their work hours shortly, to span their lifespan.
Re: The Bitcoin Tracking Thread
The algorithms make it mathematically impossible to create any more coins. The more coins that are found, the more difficult they are to find.
Basically if you mined Bitcoins 3 years ago you'd discover more with the same computing power than if you did today, since the difficulty has increased since then.
Re: The Bitcoin Tracking Thread
Quote:
Originally Posted by
Shami-Amourae
The algorithms make it mathematically impossible to create any more coins.
Booo, They should then at some interval start reversing themselves to de-mine at random, so you have to spend it before it destructs.
or they turn into to butterfly bitcoins after being cocooned until another one is created in their image.
Why do I have all the better ideas?
Re: Mining hardware comparison
Quote:
Originally Posted by
Cebu_4_2
Imagine what the CIA/Rothschilds/NSA bit mining rig looks like.
Heck, they could mine the crap out of bitcoins and play pump and dump.
Re: Mining hardware comparison
I wonder if this guy will find any takers...
Silver Dime Rolls for Bitcoins
Re: Mining hardware comparison
Quote:
Originally Posted by
madfranks
I'd jump on that. Imagine, what is better 150 silver dimes or .75 bitcoin, don't pass that up madfranks....that guy has no clue about silver anyway.