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bitcoin
Posted: Sun Sep 29, 2013 12:26 pm
by {ESC}zeno
I heard some peeps of bitcoin on the server. I played around with it when it first came out, mostly just to see if I could get it to work.
a lot has changed since then with all this dedicated usb stuff, it used to be gpu.
so can someone point me in the right direction to start anew?
Re: bitcoin
Posted: Mon Oct 07, 2013 11:15 am
by {ESC}Master
reading :D
Re: bitcoin
Posted: Fri Oct 25, 2013 10:36 pm
by BENSTER
What country is your wallet it?
Re: bitcoin
Posted: Sat Oct 26, 2013 11:50 am
by {ESC}zeno
but lane isn't your wallet only credentials? the bitcoins aren't actually in it. they are in the bank. I printed a paper backup of my armory wallet.
Re: bitcoin
Posted: Tue Oct 29, 2013 8:36 pm
by BENSTER
One day Lane is going to be sorry about losing $20
http://gizmodo.com/man-forgets-about-bu ... 1454150399
Man Forgets About Buying $27 of Bitcoin, Is Now Worth About $1 Million
Four years ago, Oslo-man Christopher Koch's girlfriend scoffed at his purchase of $27-worth of Bitcoin. Chances are she was singing a decidedly different tune last April, when Koch checked back in on his investment and found out it was worth $886,000. And over a cool million today.
Back in 2009, Koch was working on a thesis paper about encryption, which introduced him to the relatively unknown world of Bitcoin. On little more than a whim, he decided to throw down $27 for 5,000 Bitcoins because the encryption process fascinated him and because why not. Koch then promptly forgot about the purchase—until Bitcoin started popping up in the news four years later, that is.
Remembering his offhand investment, Koch frantically searched for the password to his wallet and was floored to find that, by last April's standards, he was sitting on an $886,000 nest egg. After trading in just one-fifth of his total purchase, he was able to buy himself an apartment in Toyen, one of the wealthiest areas in Oslo.
Of course, Bitcoin is also notorious for occasionally erratic fluctuations in value, the most recent example being the seizure of Silk Road earlier in the month, which saw the price fall to $30 before skyrocketing again to $197. By today's standards, though, Koch's $27 investment of 5,000 Bitcoins is worth a total of $1,010,000. Not bad for a broke student with zero investment experience.