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I bought $100 worth back when they were at $.02, mainly to purchase some Kush on the Silk Road. But I chickened out.
So I'm in Bejing right now trying to find someone on the local Craigslist who will exchange them for gold.
Then I plan on buying a boat to smuggle the gold back into the US, along with a nice Szechuan wife to do my laundry for me. ;D
$100 / $0.02 = 5000 bitcoins. So you have 5000 bitcoins? You're rich!Quote:
Originally Posted by Santa
lol no kidding, you going to be selling any? :-DQuote:
Originally Posted by madfranks
Yeah I'd be interested in joining the pool. Currently I am a member of www.bitcoinpool.com running phoenix on a cheap ass ATI graphics card at 70M/Hashes a sec. At current difficulty and hash rate it would take me 5 years to mine a bitcoin with that one card lol.Quote:
Originally Posted by steyr_m
I have the bandwidth and technical ability to assist with the setup as well as a Dell PowerEdge 1950 server that's not currently being used. But it draws about 600 watts so I really don't leave it running. Have ESXi on it just hosting a couple OS's for testing purposes.
Lol... I'm rich in imagining. At least I don't need Bitcoins for that. :)Quote:
Originally Posted by madfranks
I'm on a RADEON 7950Quote:
Originally Posted by Ares
Radeon 7570 here, so you'll get about 400-500m/hases with that card. Very nice.Quote:
Originally Posted by steyr_m
If thing go well, I may add a 2nd or 3rd cardQuote:
Originally Posted by Ares
You'd probably be better to invest in an ASIC miner. For the money they can't be beat. That is if they can start shipping them anytime soon. Avalon ASIC has shipped batch 1, but they deal in much smaller volume. Around 300 per batch.Quote:
Originally Posted by steyr_m
I was thinking about BTC when I was just out to get some beers. I was wondering how long before the inventors or the guys who initiated it are found to commit suicide, suddenly get cancer, or are killed in a mysterious car crash.....
I think by the time I get ahold of one, the big money will be gone. That's why I'm trying to get a pool going before they are out in big numbers.....Quote:
Originally Posted by Ares
eh maybe, maybe not. I've done the profitability calculator and increased it by a factor of 100, and I still make a profit. Granted not nearly as much but it still generates coins.Quote:
Originally Posted by steyr_m
http://www.bitcoinx.com/profit/
My wallet posta are before your post, took about 6 hours I think. Stopped paying attention and then the 6 gigs disappeared... then I changed motherboards and drives so I'm fubarred unless the backup works.Quote:
Originally Posted by steyr_m
Are you using the latest version of the original Bitcoin client?Quote:
Originally Posted by steyr_m
They would have to be found first....Quote:
Originally Posted by steyr_m
Satoshi Nakomoto (an alias) always used Tor and kept very private. Not too many people know who he is.
Quote:
Originally Posted by steyr_m
As I mentioned long ago in this thread... That's the type of stuff they said when I wanted to buy a 1000.00 dollar GOOG lotto play. Now I just wish I had a 1000.00 to pay back bills.Quote:
Originally Posted by steyr_m
After seeing men who oppose the system being killed off, i.e. hitler, kadaffi [how DO you spell his name?] saddam hussein, chavez, etc. He is very aware/awoke. Even though I won't get rich, it will be good for humanity if this does take off.
Got nice tits.Quote:
Originally Posted by steyr_m
lol, i'm opposed to porn in general, but love the pic.
Agreed, classy not porn. Beautiful lady being riskae.Quote:
Originally Posted by steyr_m
that being said, I like your pic too -- who wouldda thoughtQuote:
Originally Posted by Cebu_4_2
It's over 3x the price of silver now
Bitcoins closer to $100 USD
http://www.businessinsider.com/price...ley+Insider%29
I think I'll be cashing in some Au/Ag for some BTC today....
Be careful chasing a rally, that's how you get burned.Quote:
Originally Posted by steyr_m
If I bought in today they would shut the internet off.
Look at the 6 month chart!
http://bitcoinity.org/markets
Ok, when is a good time you think? I'm usually not the type to look at markets too much, if I have the $$$ I usually just buy. I've held off before on Au/Ag and ended up just seeing the price continuing to rise.Quote:
Originally Posted by Shami-Amourae
I wouldn't have a problem buying some right now. Not a ton of it, but at this point only 1% of people even know that bitcoin exists.
Holy crap, it is dropping..... Thanks for the chart...
I just cashed in 80 ounces of silver....
From 94 to 75 in 3 hours...
http://bitcoinity.org/markets
I think a lot of people buying on the dip, I'll have to see where it goes. If it goes down to 60-65, I'll buyQuote:
Originally Posted by Cebu_4_2
Wow, someone just bought 545.33
In daytrading I would always place real low bids and real high sells in case someone made a typo. Saw it happen daily but I never got so lucky. Whoever did that buy at 545.33 is not feeling well at the moment. They probably wanted the bid to be 54.533, shouldn't be drinking and trading ;-]Quote:
Originally Posted by steyr_m
Maybe they just wanted to move $43k out of cyprus?
The guy I was going to buy from suddenly isn't around now that the market is down. anyone know a reputable place to buy?Quote:
Originally Posted by vacuum
I have an account at https://mtgox.com, you'll also need to set up a dwolla account to move money to and from your mtgox account. If you find someone who's selling at a decent price let me know. :)Quote:
Originally Posted by steyr_m
there is https://coinbase.com/ too now.
I've never used them, but you link a bank account and buy bitcoins directly from them, and then you can transfer bitcoins from your coinbase account to your own secure, backed up wallet on your computer.
Avoid buying/selling from anything other than reputable exchanges like Mt Gox. I did a private transaction once and the person claimed the money was stolen and got a charge back and I lost my Bitcoins and $$$.Quote:
Originally Posted by steyr_m
To your other question I have no clue where the top is since I sold @ $44 thinking it was the top, then the Cyprus thing happened. It's just a good rule of thumb not to chase rallies. I can't make any predictions at this point since I've literally never seen anything like this in my life. This is groundbreaking stuff. The best time to buy Bitcoin was when it was $2 after the $30 peak when everyone was laughing at it. When everyone is against something it's either time to load up or just a stupid thing. You have to use you judgement and do research to figure out these things. If we were that smart, we'd all be rich though right?
Bitcoin is clearly the best investment of the decade.
Bitcoin could go to $1 or $1000 by next month. You can't predict anything with it with this volatility
Yeah, I missed the boat for sure. After thinking about a post I made with SLV^GLD I think I did look into BTC one hazy drunken night, and I wanted to get into it and put it on the back-burner. It never made it to the front-burner.... Oh well, sucks to be me. I thought Au/Ag was the way to go -- but have been sitting on my stack waiting for it "to go to the moon" for awhile now. I cashed in ~80 ounces of silver, and I'm gonna see where the cards fallQuote:
Originally Posted by Shami-Amourae
The same will happen with silver when it starts to go up......I'll go, let's say, to $42.50 faster than hell and many will sell right away thinking that next it will go down .....but then......it will keep on going to $57.48 and so on.
First post of the day.......good morning to one and all.
V