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1teaminlondon
VeteranX
Old
161 - 11-28-2017, 11:39
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what's realistic is today bitcoin is as real a currency as any other "government-backed" currency

how massive the bubble is and what is bitcoin's true value is the thing dreams(and nightmares) are made of
 
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SuperTrap
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Old
162 - 11-28-2017, 11:41
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These last few posts prove my point. It's a **** load of your dorks playing in this sandbox and the sand sharks are going to clean your dumbasses out
 
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HumDumpin
ReeeingRainbowXV
Old
163 - 11-28-2017, 11:47
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Quote:
Originally Posted by SuperTrap View Post
These last few posts prove my point.


Followed by angry old man rant
 
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SuperTrap
VeteranXX
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Old
164 - 11-28-2017, 11:58
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sooo angry
 
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amRam
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165 - 11-28-2017, 14:34
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Quote:
Originally Posted by 1teaminlondon View Post
what's realistic is today bitcoin is as real a currency as any other "government-backed" currency

how massive the bubble is and what is bitcoin's true value is the thing dreams(and nightmares) are made of
This is kind of a dumb oversimplification. The US dollar isn't backed by the US government its backed by the US economy. There's a layer of something tangible and strong under the US dollar. No Such Thing can be said about Bitcoin. Its value is literally entirely based on speculation.
 
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SuperTrap
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166 - 11-28-2017, 14:38
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You can't do logic and facts with these dude amRam. I applaud your effort but you watch what happens next
 
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NoGodForMe
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Old
167 - 11-28-2017, 14:51
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Bitcoin seems like a real currency because it's accepted at real merchants like Newegg. The other cryptocurrencies however, they're simply signing up people with real money letting the people mine a finite number of coins by computer. The friend I know just sent me a picture of a Visa card with a Bitcoin logo. I don't know how that would work. It's like making up money out of thin air. Yes, I know the government does the same thing, but I'm surprised this can happen.
BitPay – Get Started with Bitcoin Payments
 
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Last edited by NoGodForMe; 11-28-2017 at 15:10..
Skipperlipicus
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168 - 11-28-2017, 15:09
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i've really had a lot of fun getting into the cryptos. i'm actually bummed i didn't get into this stuff much earlier. trading is fun.

it's interesting reading about different use cases for blockchain technology and hedging bets on the alt-coins.

i'm sure it'll be much less fun when it crashes and i start losing money, but right now this **** is crazy exciting.
 
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Slurp
VeteranXV
Old
169 - 11-28-2017, 16:26
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Bitcoin seems to be driving technology. I don't care if it goes to $0 or $1million -- I can at least benefit from that aspect of it.

As long as the waste heat can be utilized, then it's a million times better than just running an electric heater. I seriously doubt it is economically feasible if you also need to run air conditioners.
 
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Highfive
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170 - 11-28-2017, 22:02
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ITT: SuperTrap mad he didn't buy in.

Just hit new milestone ATH of $10,000 about an hour ago and is already pumping past $10,200.
 
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Captain Tele
Veteran³
Immigrant
Old
171 - 11-28-2017, 23:15
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Quote:
Originally Posted by SuperTrap View Post
sooo angry
not to mention soooo dumb

we should post dealydrunk posts from a few years back where he compared bitcoin to WOW gold

as being equally dumb and delusional

not sure who went more full retard in that thread him or Obibun
 
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Highfive
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Old
172 - 11-28-2017, 23:56
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up another 300 since my last post yall squabblin' niggaz missing out
 
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Captain Tele
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Old
173 - 11-29-2017, 00:21
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Quote:
Originally Posted by Highfive View Post
up another 300 since my last post yall squabblin' niggaz missing out
 
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Highfive
VeteranXX
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174 - 11-29-2017, 00:26
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up another 300 since my last post 30 minteus ago lol
 
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Highfive
VeteranXX
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175 - 11-29-2017, 00:35
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another 200 in 10 mins. 11k tonight probably

 
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groove
VeteranXX
Old
176 - 11-29-2017, 00:40
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how the fuk is ram that i bought over a year ago more than double the price now

can i blame bitcoin and cellphones for hogging all the rams

that would be great
 
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DocHolliday
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177 - 11-29-2017, 00:41
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Say I have access to a couple of 45u racks. What if I purchased some old HP gen 7 DL580's on the cheap and loaded up all those PCI slots with modern GPU's. I have the space and cooling to run multiple racks at home. How many coins (flavor of the month) could one expect?

I know what I can purchase and setup, but the part I cannot figure out is how many coins I could expect in return. I see these custom setups that seem woefully inadequate in what they can do per box. Trying to up the game here for home setups.
 
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1teaminlondon
VeteranX
Old
178 - 11-29-2017, 00:43
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use this doc

WhatToMine - Crypto coins mining profit calculator compared to Ethereum
 
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DocHolliday
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Old
179 - 11-29-2017, 00:45
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I guess the biggest question is do I have the guts to take the plunge. I have access to the money and talent to turn my basement into a farm. Question is do I want to? I've researched this several time the past year or so and keep pushing it out. Longer anyone waits the more its becomes less of a golden goose.

Like all investments nobody can predict the future.
 
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Captain Tele
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Old
180 - 11-29-2017, 00:51
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Quote:
Originally Posted by Highfive View Post
another 200 in 10 mins. 11k tonight probably

this really is one hell of a ride

going to be an amazing ride either way
 
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