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Old 05-30-2011, 01:42 PM   #1
SIK
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bitcoin = the future?

anyone following the whole bitcoin hype?
any specualtions on how it could/will change stuff?

ItalkCASH -> Bitcoin
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Old 05-30-2011, 01:44 PM   #2
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read http://www.quora.com/Is-the-cryptocu...in-a-good-idea
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Old 05-30-2011, 01:45 PM   #3
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No,it's a joke.
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Old 05-30-2011, 01:50 PM   #4
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it's an interesting idea.. can't see it ending well if it does start taking off
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Old 05-30-2011, 04:05 PM   #5
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not future
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Old 05-30-2011, 07:36 PM   #6
CyberHustler
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I see a future for these guys, not a good one though.
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Old 05-30-2011, 07:37 PM   #7
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I see a bunch of people losing a bunch of money.
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Old 05-30-2011, 07:56 PM   #8
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I see a bunch of people losing a bunch of money.
Then there should be someone finding it ;)
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Old 05-30-2011, 07:58 PM   #9
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Then there should be someone finding it ;)
read the article i posted. pretty obvious who is going to "find" it.
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Old 05-31-2011, 03:34 AM   #10
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I seriously doubt it...
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Old 05-31-2011, 03:56 AM   #11
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open to competition = no value in the mined material

bitcoin.org is a weak domain, so I give it about 4% chance of becoming the new world currency, it does have a headstart.

The peer to peer is not required though, eGold.com is my bet.

Just need a few independant mirrors at eGold1.com eGold2.com ...

You can just EMAIL a token to each other.

1 EGOLD = 0000000001000000000-439857349857348957934543785346852879

---------------------^value------------------^private key

my slogan - IF YOU CAN SEND A 100 DIGIT NUMBER TO SOMEONE, YOU CAN SEND THEM eGOLD!
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Old 05-31-2011, 06:18 AM   #12
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decentralized, non inflationary (no unlimited supply), encrypted

would be perfect for adult industry: cheap transactions and no charge-backs

cons: volatile, no corporate/enterprise solutions yet.
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Old 05-31-2011, 06:24 AM   #13
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It will work by the few people that use it for good until they get scammed.
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Old 05-31-2011, 06:31 AM   #14
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It will work by the few people that use it for good until they get scammed.
this never happens with any other currency
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Old 05-31-2011, 07:24 AM   #15
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How can we get our coins anyway?
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Old 05-31-2011, 08:15 AM   #16
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why dont we use a gold standard and go from there? Adult Gold Cash.
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Old 05-31-2011, 08:45 AM   #17
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It has about as much chance of becoming the future as WOW gold does...
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Old 05-31-2011, 08:55 AM   #18
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and mining is prone to botnets, large webhosting co.

don't listen that "botnets actually make it stronger by more mining"

it makes the single PC miner's coins weaker, by 1,000,000:1

-------

eGold.com (if I get it) will have mining permits for $1 per CC for verification

and a 5MZ PC will make $1 eGold every minute, probably for the first year.

but just to trade won't require membership, it's just a token currency
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Old 05-31-2011, 08:59 AM   #19
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1 EGOLD = 0000000001000000000-439857349857348957934543785346852879

---------------------^value------------------^private key


1 egold! too easy! just take it to eGold.com to 'cash in'.
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Old 05-31-2011, 12:34 PM   #20
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Musical Chairs

Still kicking myself for not buying some, but I know my bad luck. This game of musical chairs would fold before I sell.
This is nothing more than a game of Pump & Dump Stock. It just lasts longer.
Can you say Tulip Bulbs???
Tell you what, sign the bills of sale across my back for a small tip. (The hunchback that did that for Tulip Bulb transactions was the only person left with money after the crash).
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Old 05-31-2011, 12:49 PM   #21
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Still kicking myself for not buying some, but I know my bad luck. This game of musical chairs would fold before I sell.
This is nothing more than a game of Pump & Dump Stock. It just lasts longer.
Can you say Tulip Bulbs???
Tell you what, sign the bills of sale across my back for a small tip. (The hunchback that did that for Tulip Bulb transactions was the only person left with money after the crash).
I'll sell you some now for $15USD a piece...
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Old 05-31-2011, 12:51 PM   #22
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if the future is bizarro land
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Old 05-31-2011, 12:58 PM   #23
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A year or so

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I'll sell you some now for $15USD a piece...
In a year or two, you'll be begging for $.15

I have 18,000 shares of Enron I'd love to sell for just the $.07 a share I paid.
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Old 06-01-2011, 03:45 AM   #24
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I think Bitcoin will have a good future unlike the dollar.

The fact that Bitcoins cant be made without mining with CPU-power make it pretty safe for inflation.
People have been using Liberty Reserve for a very long time and it seems to work fine.
Bitcoins popularity have just started to grow as you can see here: http://www.google.com/trends?q=bitcoin
I'm sure we'll see a lot more of it in the future when more people see it's advantages over other ecurrency.
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Old 06-01-2011, 09:59 PM   #25
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http://gawker.com/5805928/the-underg...rug-imaginable

interesting note from one of the developers about anonymity and bitcoin.
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Old 06-01-2011, 10:08 PM   #26
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The current issue of 2600 has an article on anonymous payments. Pretty good read to see who the current players are.
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