Tigerdirect.com now accepting Bitcoin

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It's been a while since we've had a bitcoin thread

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lol

Once again, they are accepting US dollars from Bitpay.

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It's been a while since we've had a bitcoin thread. I'm eager to hear the fresh ideas and feelings about the topic.

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Broke already started with his same old lame shite.

They used to argue that you couldn't spend bitcoin anywhere....and now that you can spend bitcoins at places, they move the goalposts and say "well, they aren't really accepting bitcoins because they get dollars from BitPay."


It's like they don't understand the concept of incremental change.

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Wiki, I'm still staunchly against paying any money for these things, but I must tell you thanks. After the last thread, it prompted me to do a little research, and I'm considering trying my hand at mining. Well, not Bits, Litecoins I think, and while I won't be spending any of my money doing it, reading about the technology involved has been pretty neat.

That being said, as I'm reading through the processes involved in mining, I couldn't help but realize I'm sitting on an untapped (not gold, but maybe....) aluminum mine. If I do, I'll report back so we can start the Skeptical OT Pool.

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Just a tip, don't limit yourself to Litecoins. The difficulty in Litecoin is pretty high. You'll still be able to mine it, but you might not get much.

Consider mining other altcoins, like Worldcoin, Feathercoin, DigitalCoin, etc.

You can then trade them for bitcoins at sites like cryptsy.com

Also, check out the market caps of various coins here: https://coinmarketcap.com/



Also, if you do decide to mine, join a mining pool, otherwise you will be wasting your time.


ETA: You'll need at least a nice GPU for any successful mining.

Do not mine with just a CPU. You'll just waste your time and burn up your CPU.

First, let me just say I think everyone familiar with these threads already knows my stance on Bitcoins. But having said that, I have a question. Wiki, you just said this....

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Consider mining other altcoins, like Worldcoin, Feathercoin, DigitalCoin, etc.

You can then trade them for bitcoins at sites like cryptsy.com

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My question is this, what gives these other coins their value? I know the bitcoin's value is bases solely on what the next person is willing to give you for it. But if more and more of these "coins" just keep popping up does that not eventually lead to the market being flooded? And considering there is nothing really underpinning the value of these things other than the whims of the market, would logic not dictate that having too many of these things can only lead to devaluation of all these different coins?

I'll do some reading on what you've said. I really have access to an unused array. For anonymity's sake, I'll just say I have full control over 25 computers and 3 servers that are never used. Really nice gear, admittedly not designed for mining, but hey if you have $100k worth of gear you could be using instead of watching it rot.... well hell, you do it, right?

I figure for one day of set up, why not try it, right?