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  1. peilthetraveler

    Is Dogecoin the new bitcoin?

    I'm in the top 1% of all doge wallet holders. I'll just leave you with that.
  2. peilthetraveler

    Is Dogecoin the new bitcoin?

    It doesnt matter if there is a "better" coin that is more useful. There are a ton of coins that are way better than bitcoin, litecoin, and dogecoin, but they have no community. Nothing to draw people to them. And the only thing that makes cryptocurrency valuable is how many people you can...
  3. peilthetraveler

    Is Dogecoin the new bitcoin?

    http://www.cryptocoincharts.info/period-charts.php?period=2-days&resolution=hour&pair=doge-btc&market=cryptsy
  4. peilthetraveler

    Is Dogecoin the new bitcoin?

    Dogecoin vs litecoin. http://www.wallstreetcrypto.net/2014/01/dogecoin-vs-litecoin-nothing-but-truth.html
  5. peilthetraveler

    Is Dogecoin the new bitcoin?

    https://www.vaultofsatoshi.com/ Just opened yesterday or the day before. No longer does dogecoin have to go through bitcoin. You can buy it straight with USD or CAD now. And I also believe you can buy Doge with CNY on bter.com.
  6. peilthetraveler

    Is Dogecoin the new bitcoin?

    Dogecoin is just under 2 months old but is quickly gaining speed as one of the top crypto currencies. Price has gone up about 500% in the last 2 weeks mostly due to positive media attention with reddit dogecoin users donating millions of dogecoins to send the Jamaican bobsled team and an...
  7. peilthetraveler

    Biggest speculative public markets in human history

    Really? but there was no public market for bitcoin in 2009, but everyone is using the 2009 prices to calculate its return.
  8. peilthetraveler

    Silicon Valley VC says 1 bitcoin will be worth $100,000

    Keep in mind, bitcoin is not a stock that has expenses and can go bankrupt and disappear. If it crashes, people will just push it back up because they think they are getting a deal. If bitcoin crashed to $1, or less, I would be in there buying like mad. I'm probably not the only one either.
  9. peilthetraveler

    Biggest speculative public markets in human history

    Lets not forget Ronald Wayne who sold stock in Apple for $800 to Steve Jobs. That $800 was 10% of Apple back then. Now that 10% is worth $44 billion so thats what...half a billion percent return on investment? Apple is definitely a bubble.
  10. peilthetraveler

    Biggest speculative public markets in human history

    I suppose you have to add Eduardo Saverins $15,000 investment for 30% of facebook into that tulip mania. $15k invested in Facebook 10 years ago and that should be worth about $40 billion or so so what is that? 300,000,000% return? Definitely a bubble. Gonna pop any day now.
  11. peilthetraveler

    Silicon Valley VC says 1 bitcoin will be worth $100,000

    Lets say you are right...they are hyping it and have been for years just so they can cash in when the price hits $100k. what happens after? Do you think bitcoin just goes away because the people with the biggest wallets cashed in? That just because they cashed in, suddenly millions of people...
  12. peilthetraveler

    Silicon Valley VC says 1 bitcoin will be worth $100,000

    You remind me of the guy in newsweek back in 1995 that said "This internet thing will never catch on" "Its just a fad". But lets explore your bubble theory. In 2005 at the peak, I could ask random people about housing and what they thought of it. Most people would tell me Housing is great...
  13. peilthetraveler

    Simplifying bitcoin for the masses.

    You guys are not explaining it simply for people new to bitcoin. All that bitcoin jargon makes newbies heads explode. Sure it sounds easy enough to understand for those of us that have been around bitcoin for a while, but for someone brand new, you pretty much might as well be speaking in...
  14. peilthetraveler

    Simplifying bitcoin for the masses.

    I'll try to explain as simply as I can.. You mine blocks. Each block has a lock on it. You have to solve the equation to open the block and see if there are bitcoins inside. When you open the lock on the block, you either get bitcoins, or get nothing and move on to the next block. The...
  15. peilthetraveler

    my bank account got robbed by the European Commission. Over €700k lost!

    Sorry,I'm going to keep raping your eyes with my bitcoin posts. Nothing you can do about it. :cool:
  16. peilthetraveler

    my bank account got robbed by the European Commission. Over €700k lost!

    Its secured? Did you even click the link? The guy lost almost all his money that was in the so-called secure bank. He even called the bank a week or so before when he felt like something big was going to happen and the bankers said "This is the european union...nothing is going to happen to...
  17. peilthetraveler

    my bank account got robbed by the European Commission. Over €700k lost!

    https://bitcointalk.org/index.php?topic=160292.0 If this is not a good enough reason to get into bitcoin, I don't know what is.
  18. peilthetraveler

    $50K invested in 2009 = $10B in 2014

    Everytime someone says tulip bulbs, I'm like...
  19. peilthetraveler

    Simplifying bitcoin for the masses.

    https://en.bitcoin.it/wiki/How_bitcoin_works This might explain it better than I can for you.
  20. peilthetraveler

    Simplifying bitcoin for the masses.

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