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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?

Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.





Last edited by ChiefRocka; 07-16-2017 at 05:12 PM..
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Old 03-02-2017, 01:30 PM   #166
ChiefRocka ChiefRocka is offline
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Old 03-02-2017, 07:18 PM   #167
Halfcan Halfcan is offline
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Does anyone do Bit coin mining?

It looked like the only ones making money were the companies selling the machines.
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Old 03-02-2017, 10:14 PM   #168
BWillie BWillie is online now
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1 bitcoin is now worth more than an ounce of gold. hahahha
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Old 03-03-2017, 12:49 AM   #169
cdcox cdcox is offline
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The underlying blockchain technology is going to change everything. In comparison to the internet, we are in about 1988 with respect to blockchain. In 10 years there will be multi-billion dollar companies that know one has ever heard of that will be the equivalents of Amazon, Facebook, and google. It will be the driving technology for commerce, insurance, medical records, engineering services, educational certifications, international trade, dog breeding, sports memorabilia, government entitlements, cyber security, real estate, supply chain tracking and a thousand other things I haven't thought of. It will take time , but if you push paper or electrons for a living you are toast on a decadal timescale.

The ONLY thing slowing this down is human ability to implement and adapt.
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Old 03-03-2017, 05:47 AM   #170
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Originally Posted by cdcox View Post
The underlying blockchain technology is going to change everything. In comparison to the internet, we are in about 1988 with respect to blockchain. In 10 years there will be multi-billion dollar companies that know one has ever heard of that will be the equivalents of Amazon, Facebook, and google. It will be the driving technology for commerce, insurance, medical records, engineering services, educational certifications, international trade, dog breeding, sports memorabilia, government entitlements, cyber security, real estate, supply chain tracking and a thousand other things I haven't thought of. It will take time , but if you push paper or electrons for a living you are toast on a decadal timescale.

The ONLY thing slowing this down is human ability to implement and adapt.
Did you copy and paste that from somewhere? If not, very well said!

Important distinction: when people say "Blockchain technology" it must be understood as a public, distributed and secured chain...private chains are simply centralized and controlled SQL databases between trusted third parties. The incentive to secure the public chain is the reward of the token/currency, which can then be transacted in a pure trust-less P2P fashion.
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Old 03-31-2017, 04:22 AM   #171
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Old 03-31-2017, 04:34 AM   #172
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Quote:
Originally Posted by ChiefRocka View Post
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Is that similar to Bitcoin? Would you say that it's going to appreciate the same way Bitcoin has?
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Old 03-31-2017, 06:30 AM   #173
ChiefRocka ChiefRocka is offline
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Is that similar to Bitcoin? Would you say that it's going to appreciate the same way Bitcoin has?
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Ethereum is what wall street is backing right now via the Ethereum Alliance. I predict a near future where bitcoin may be 7k and Ethereum 2K

http://entethalliance.org/ - scroll down
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Old 04-30-2017, 08:40 PM   #174
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Old 05-02-2017, 09:37 AM   #175
BWillie BWillie is online now
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I'm such a ****ing idiot. I had the most bitcoins I ever had when it was about $1150, and I sold most of them. I should have just hung onto them all.

$1449 at this moment. Good lord.
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Old 05-02-2017, 09:40 AM   #176
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I remember when I first purchased bitcoins at $22 a piece.
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Old 05-04-2017, 06:01 PM   #177
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Old 05-04-2017, 06:16 PM   #178
Stanley Nickels Stanley Nickels is offline
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So, if one were to want to buy Ethereum, how would one do so?
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Old 05-04-2017, 06:18 PM   #179
ChiefRocka ChiefRocka is offline
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So, if one were to want to buy Ethereum, how would one do so?
Coinbase.com
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Old 05-04-2017, 06:26 PM   #180
Stanley Nickels Stanley Nickels is offline
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Coinbase.com
Thanks!
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