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I NEED ANOTHER BITCOIN THREAD2013-04-04 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?
>>41
About minus ten quadrillion quadrillion quadrillion coulombs worth for electrons.
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Anonymous2013-04-05 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.
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Anonymous2013-04-05 12:39
dubz0rz
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Anonymous2013-04-05 12:53
We need a JS miner so that webmasters can forgo ads and mine for the site operator directly.
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Anonymous2013-04-05 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.
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Anonymous2013-04-05 13:00
>>46
Oh and you can't change priority in JS. Enjoy your website hanging and crashing people's computers.
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Anonymous2013-04-05 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.
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Anonymous2013-04-05 13:22
>>46-47
This is why Bill invented ActiveX. Native code in the browser.
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Anonymous2013-04-05 13:36
>>46
GPUs are evil proprietary shit, and BTC encourages them.
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Anonymous2013-04-05 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?
>>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.
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Anonymous2013-04-05 14:35
>>52
Amazing. Try doing that with a shitty fiat currency. Bitcoin is the future, the only future.
It's a pity that no one's adopted my DubCoin protocol.
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Flibble!LTKhF2nHD22013-04-05 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.
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Anonymous2013-04-05 15:32
all this is stupidity. why trade bitcoins for dollars? use them as currenty, faggots.
>>56
How autistic are you that you can't detect sarcasm? This clearly isn't a serious thread. Back to the imageboards, cretin.
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Flibble!LTKhF2nHD22013-04-05 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.
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Flibble!LTKhF2nHD22013-04-05 15:48
>>59
Clearly OP is totally legit. He quoted every single economist in existence.
I never said the growth would continue forever, it is merely something worth observing and studying to help make better predictions in the future.
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Anonymous2013-04-05 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!
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Anonymous2013-04-05 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.
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Anonymous2013-04-05 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.
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?
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.