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  1. Hoi

    Bitcoin thread anyone?

    As you could not take the time to watch it all: The Internet changed our lifes..... Crypto-currencies are the Internet-of-money, and will do the same.
  2. Hoi

    Bitcoin thread anyone?

    This is life changing (also YOURS !): http://www.youtube.com/watch?v=c2CsJ2HMA2I
  3. Hoi

    Bitcoin thread anyone?

    Look what Ed Moy, former director of USA Mint thinks of Bitcoin: http://www.moneynews.com/Ed-Moy/Bitcoin-digital-currency-sovereign/2013/12/20/id/542981 From 2006-2011, Ed Moy served as the 38th Director of the United States Mint. The U.S. Mint is the largest producer of circulating coins...
  4. Hoi

    2014 Predictions for Bitcoin

    First major retailer (Overstock.com) revealed his plans for 2014: http://www.coindesk.com/overstock-first-major-us-retailer-bitcoin/ And for those who want to invest in Bitcoins: please read this first: http://letstalkbitcoin.com/7-lessons-a-talk-in-buenos-aires/#.UrQ7F2eA3mF
  5. Hoi

    Bitcoin thread anyone?

    :) For me it's the next 20 years (I'm not that young anymore).
  6. Hoi

    Bitcoin thread anyone?

    No, now we don't agree. Instead: One of the intentions is to function as a currency. And in order to develop this currency they have outlined a path of 131 years !. We are currently only 5 years old and just starting. When we reach 1% of M2 worlds money supply, Bitcoin will become much more...
  7. Hoi

    Bitcoin thread anyone?

    As others wrote it before: it's a traders dream: yesterday down from 650 to 400 (39% down) and this morning back to 650 again (62% up).
  8. Hoi

    Bitcoin thread anyone?

    This attached 1-year BTC logarithmic Chart shows that nothing out-of-the-ordinary happened. I'm sure that Chinese investors will find ways to bring cash to their exchanges. It's just isn't that fast and convenient anymore, which is a good thing >> it would be much better for BTC to rise 10% per...
  9. Hoi

    Bitcoin thread anyone?

    I agree 100% :) But government like to do "something" good for their citizens: so give them that.... it will stop bad media and other BS.
  10. Hoi

    Bitcoin thread anyone?

    Downloading the whole blockchain isn't needed with the following wallets: -Multibit, -Electrum, -and the smart-phone wallets, like "Schildbach". BUT: be very careful with ANY wallet until Hardware-wallet-devices are released next year (like Trezor). As soon as those devices are...
  11. Hoi

    2014 Predictions for Bitcoin

    Irrelevant: there are about 160 fiat currencies as alternative to USD, and about 60 crypto-currency alternatives for Bitcoin: the best will survive. Is bitcoin back by anything such as military backing? There is military backing for Argentine Peso, and Zimbabwe Dollar....does that help...
  12. Hoi

    2014 Predictions for Bitcoin

    I think Andreas Antonopoulos is the Visionary you should all know about: https://www.youtube.com/watch?v=JP9-lAYngi4 https://www.youtube.com/watch?v=RRqgrCrzTJA It takes 1.5 hour of your time now, but will change the rest of your life.
  13. Hoi

    2014 Predictions for Bitcoin

    Yes, I saw screenshots of it several months ago (same time when CNBC showed it as ticker XBT)...but still for their own test purposes.
  14. Hoi

    Cost of a bitcoin generated

    OK, correct. You didn't backed that calculation...but some readers who clicked that link could be misinformed. Further, there is no relation between Market-price and energy-costs other then that it will be a show-stopper (Miners drop out) if market-price drops below energy-costs. There is...
  15. Hoi

    Cost of a bitcoin generated

    Then you forget how much it costs to keep that 100 dollar bill secure for counterfeiting and transport. Expensive departments and law enforcements are there to give you as user of that bill the trust and confidence to except that bill as a real 100 dollar value. All these costs, you have to add...
  16. Hoi

    Cost of a bitcoin generated

    The calculation part and your link to the 15 million per day! That link shows completely wrong calculation (and if you read Reddit well, then you find a thread which explains you exactly why this is false). My calculation of 51,750 USD is more accurate. And although this sounds a waste of...
  17. Hoi

    2014 Predictions for Bitcoin

    For me, One thing is sure: BTC will not go away anymore. And it will not be replaced (in 2014) by any other crypto currency, although I see more upside by Litecoin (a second blockchain besides Bitcoin is useful). 2014, Bitcoin will not yet get a status of a Currency. But as Commodity and...
  18. Hoi

    2014 Predictions for Bitcoin

    2013 was a great year. What do you think 2014 will bring? http://bitcoinboard.net/bitcoin-in-2014-what-can-we-expect/
  19. Hoi

    Cost of a bitcoin generated

    A show-breaker will be the "energy consumption" per Machine.... Already KnC tells us that the Neptune (3TH, delivery Q2 2014), will be their last "non-industrial machine". As it will eat 2100 Watt which will be a problem for USA-homes. Even if a 14/20nm could be build to use "only" 0.2...
  20. Hoi

    Cost of a bitcoin generated

    Pffff... That's all incorrect. An KnC-miner of 550 Gh/s costs about 6000 USD, and uses 650 Watt and currently makes 0.3 BTC per day. Current network is 7,300,000 Ghs Say this network is built out of KnC-miners then: 7,300,000 / 550 gives a total of 13,272 machines. Using: 13,722 x 0.650...
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