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re: Installed my first bitcoin miner...

Posted on 3/9/13 at 10:24 am to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69933 posts
Posted on 3/9/13 at 10:24 am to
quote:

Like I said in another thread, I hope for his sake its legit and more power to him if he hits it big, but I think its an epic level ponzy scheme.



It's as valuable as mermaid poon
Posted by lynxcat
Member since Jan 2008
24189 posts
Posted on 3/9/13 at 12:00 pm to
I just posted this on a completely different topic...but all of this arguing is perfectly representative of...



Wiki had more knowledge on the dynamics of Bitcoin than anyone else on TDings...I could care less if he is actually mining bitcoins or actively participating in the bitcoin marketplace -- it does not discredit his knowledge of how that ecosystem functions.

Yes, bitcoins is a risky activity that is in a total wild west phase right now.

More than likely, Bitcoin will fail but set the foundation for alternative currencies. A fast follower will emerge that learns from Bitcoins failures and it will become the replacement. At this point, very few people understand bitcoin well enough to even formulate an informed opinion on the topic.
This post was edited on 3/9/13 at 12:06 pm
Posted by Lsut81
Member since Jun 2005
80244 posts
Posted on 3/9/13 at 3:47 pm to
quote:

It's as valuable as mermaid poon


But not as valuable as Unicorn Farts
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