The Bitcoin Tracking Thread

[Son-of-Liberty]

Why not just copy bitcoins and call them batcoins and start them yourself so you can make millions rather then buy in at $100 hoping it will go to $1000 or $10000? Is anyone doing this? There is nothing tangible about them unlike gold and silver so why is their not competition in this space?

People are spending ridiculous sums of money to create computers to mine something that isn't even real? why? Why not just create a competing currency that isn't so hard to mine? Then mine it yourself. Some of the critics are right that all the rewards go to the early adopters much like a Ponzi scheme or network marketing. Then all the people that join late do all the heavy lifting but get the least rewards.

Would any of us even be interested in bitcoins @ $100 if their was an alternative crypto currency at $0.01?