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Bitcoin to hit $1 billion/BTC by August

Name: I NEED ANOTHER BITCOIN THREAD 2013-04-04 20:15

The economists have spoken. There is no more refuting it. Soon Europe will switch to bitcoin completely after the Euro hits hyperinflation and the US has announced that they will soon accept payment of taxes in BTC. Russia has nothing that anyone wants to buy, so they are irrelevant, but Japan has promised to start selling Touhou sex dolls and hentai in BTC as well. According to OPEC, all oil trades will be switching to BTC as well.

Why haven't you taken out a mortgage and spent your life savings on bitcoin yet?

Name: Anonymous 2013-04-05 5:53

How many buttcoins can you stick up your butt?

Name: Anonymous 2013-04-05 6:02

>>41
About minus ten quadrillion quadrillion quadrillion coulombs worth for electrons.

Name: Anonymous 2013-04-05 12:38

>>42
God damn, that's 56,173,568,837,899,932,405,000,000,000,000,000 kilograms worth of electrons! Your anus is quite loose indeed.

Name: Anonymous 2013-04-05 12:39

dubz0rz

Name: Anonymous 2013-04-05 12:53

We need a JS miner so that webmasters can forgo ads and mine for the site operator directly.

Name: Anonymous 2013-04-05 12:58

>>45
Let us suppose JS+CPU is 1/10000 as fast as ASM+GPU. Then you'd need 10k miners to achieve the same efficiency as one GPUfag.
But why not write you're own JS miner and prove the above conjecture wrong.

Name: Anonymous 2013-04-05 13:00

>>46
Oh and you can't change priority in JS. Enjoy your website hanging and crashing people's computers.

Name: Anonymous 2013-04-05 13:21

>>46
Who cares? It's not your CPU cycles and electricity you'd be wasting. If it's better than the 0.30 eCPM that google gives, it'd be great. It would also give incentives to make content that was more interesting, to make people stay longer (or at least leave the tab open).

Then again, why even remove ads? Just use it to supplement the income.

Name: Anonymous 2013-04-05 13:22

>>46-47
This is why Bill invented ActiveX. Native code in the browser.

Name: Anonymous 2013-04-05 13:36

>>46
GPUs are evil proprietary shit, and BTC encourages them.

Name: Anonymous 2013-04-05 13:51

So I heard that Intel implementing instructions directly for bitcoin stuff in their next architecture, so everyone will be able to mine at decent speeds. Cudder, can you confirm?

Name: Cudder!MRSATORI!!fdhiudsfhiUFH 2013-04-05 13:55

>>51
I can confirm, it is indeed the truth. The license and documentation for the BTC instruction set also costs only $1499 extra, and every GPU is encrypted so that you can't share your own unique key, but it's allright because it mines millions of times faster than anyone else can at the moment.

Name: Anonymous 2013-04-05 14:35

>>52
Amazing. Try doing that with a shitty fiat currency. Bitcoin is the future, the only future.

Name: Anonymous 2013-04-05 14:51

>>55
nice dubs bro

Name: Anonymous 2013-04-05 15:08

It's a pity that no one's adopted my DubCoin protocol.

Name: Flibble !LTKhF2nHD2 2013-04-05 15:24

Bitcoin enthusiasts enjoy rejecting rumors that bitcoin is inherently flawed or a bubble and they may be right to do so, however the majority of potential buyers have more practical concerns and it is they who determine large price swings such as occurred over the past few days.

It is unlikely to reach 1 billion until after a few years even if the potential size of the bitcoin economy would warrant such a price due to lack of investor confidence. It takes time for a market to stabilize and digest price swings and 1 billion is a phenomenal figure requiring daily growth rates in the 15% to 25% range.

I do not believe bitcoin will crash, however since the first major dip on the 3rd of April I believe that bitcoin has run out of prospective buyers and stalled and will act erratically from now on. It is no longer a good investment for me, I sold at 100 believing it to be a psychological barrier and believed waiting for the first major dip was an unnecessary risk, however I am sure many of you have financial considerations beyond currency speculation and you will have to decide for yourselves what is best. If bitcoin surges again over the next few days feel free to lambast me for my error and tell me where I went wrong.

Name: Anonymous 2013-04-05 15:32

all this is stupidity. why trade bitcoins for dollars? use them as currenty, faggots.

Name: Anonymous 2013-04-05 15:33

s/currenty/currency/;
s/faggots/super-mega-faggots/;

Name: Anonymous 2013-04-05 15:39

>>56
How autistic are you that you can't detect sarcasm? This clearly isn't a serious thread. Back to the imageboards, cretin.

Name: Flibble !LTKhF2nHD2 2013-04-05 15:46

>>57
The dollar can be used to make an extremely large variety of other transactions and investments. However unreliable the dollar is as a currency, once invested in a large stable business or a commodity the effects of inflation or instability are largely mitigated. The dollar is a transient medium of exchange and one's capital does not need to stay in this aether long.
>>58
You are a regular potty mouth. You know you could face losing your job if you were caught using such foul language.

Name: Flibble !LTKhF2nHD2 2013-04-05 15:48

>>59
Clearly OP is totally legit. He quoted every single economist in existence.

Name: sage 2013-04-05 15:56

sage goes in every field

also buttcoins

Name: Flibble !LTKhF2nHD2 2013-04-05 16:17

>>62
Bitcoins nearly quadrupled in value in a month, it is worthy of discussion.

Name: Anonymous 2013-04-05 16:19

>>63
implied facepalm

Name: Flibble !LTKhF2nHD2 2013-04-05 16:38

>>64
What now? Don't leave me guessing.

I never said the growth would continue forever, it is merely something worth observing and studying to help make better predictions in the future.

Name: Anonymous 2013-04-05 17:00

>>65
Get a student loan then and invest them in Bitcoins.
Sell all stuff you own and buy as many as you can.

up, uP, UP!

Name: Anonymous 2013-04-05 17:55

I've got a great idea! A set top box for television that just sends bitcoin to the network in exchange for not sending ads.

Name: Anonymous 2013-04-05 18:24

How about this guise: a rectal privilege checking device that sends bitcoin to the womyn that you oppress, every time you oppress them, or to general feminist charities if your privilege level merely gets too high.

Name: Anonymous 2013-04-05 18:35

69get

Name: Anonymous 2013-04-05 20:03

thread is already getting better

Name: Anonymous 2013-04-05 20:32

>>56
Where the fuck did this newniggerkike come from and why? > > > / back the fuck plate get the fuck back goes /

Name: Anonymous 2013-04-06 1:32

>>71
LLLLLLLLEEEEEEEEEEELLLLLLLLLLLLLLLLLLLLLLLLLL
>MUCH MUCH EGIN WIN GRO!!!!
>XDDD

Name: Anonymous 2013-04-06 2:19

>>72
Thanks lel-gro, may all your wins be egin.

Name: Flibble !LTKhF2nHD2 2013-04-06 6:34

>>66
You cannot ruse me, sir.

Name: Anonymous 2013-04-06 9:40

>>68
>>>/s4s/

Name: Anonymous 2013-04-06 10:58

Nuclear cold fusion technology will allow the synthesis of precious metals like gold or silver, making them as worthless fiat money. The Euro is about to collapse and the Dollar is about to die as well, because of peak oil and global warming. China is run by chinks, and they've been devaluing their Yuan by printing like they think their the Fed. They only thing that can't be reproduced is bitcoin.

We will soon enter a worldwide superdepression, and only those who were early adopters of bitcoin will be rich enough to feed themselves. Why haven't you bought thousands of bitcoin yet?

Name: Anonymous 2013-04-06 11:51

>>76
All of my shaloms, super-mega-kike!

Name: Anonymous 2013-04-06 23:02

Bitcoin grew almost 300% in a little over a month. If this trend continues, then a single bought now will be worth $61,314,621,696,117.37 in a mere ten years time.

Name: Anonymous 2013-04-06 23:09

>>78
it'll saturate way before that.

Name: Anonymous 2013-04-07 16:27

160 USD/BTC

the cryptojews are growing pretty fast

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