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The Chinese government restricts bank transfers to $50,000 per person per year. So how do you get your money out of the country? Buy bitcoins with your CNY, and sell them to overseas buyers for US$. http://bitcoincharts.com/charts/volumepie/ 
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Jan 18, 2016 01:13
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| # ¿ Apr 26, 2024 14:08 |
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Mercury_Storm posted:It's actually a 60 gig download now lol Don't forget that the reward for mining coins will be halved later this year. http://www.bitcoinblockhalf.com/ quote:The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 25 to 12.5 coins.
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Jan 18, 2016 01:26
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ColtMcAsskick posted:Do they still have literal warehouses filled with computers mining bitcoins or did those all burn down? https://bitcoinwisdom.com/bitcoin/difficulty The Bitcoin networks processing power has doubled in just 4 1/2 months. Chinese going flat out manufacturing/installing new mining equipment 
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Jan 18, 2016 01:38
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http://www.dhgate.com/wholesale/search.do?act=search&sus=&searchkey=bitcoin+miners Oh man look at all that poo poo. Using this calculator, it looks like those obsolete USB miners will produce around one dime a month of profit  And even all the high end, latest-tech miners take a good 10 months - 1 year just to pay for themselves. Let alone pay for the cost of electricity. edit;  
Toys For Ass Bum fucked around with this message at 02:13 on Jan 18, 2016 |
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Jan 18, 2016 02:11
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It's funny how quickly everyone lost interest in Bitcoin once the difficulty went up, and you could no longer just mine them with your PCs graphics card.
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Jan 18, 2016 03:38
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http://money.visualcapitalist.com/its-official-bitcoin-was-the-top-performing-currency-of-2015/ Bitcoin's surged 35% in value! Too the moon! Then 10 days after that article was published, some important dude involved with Bitcoin declared the things "failed" and the price briefly plunged to $350
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Jan 18, 2016 05:13
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So how many women are involved with Bitcoin?
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Jan 21, 2016 22:49
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There's a 100% chance all these dudes taking Research Chemicals will have their bodies explode into tumours once they hit 50.
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Jan 22, 2016 23:37
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Professor Shark posted:I'm so confused as to why exactly people would take mystery chemicals instead of just drinking beer and loving I wonder what it must be like, going thru life just constantly trying to get hosed up. A while ago I got a really bad cold so went to a doctor. He prescribed some big-rear end bottle of unadulterated codeine syrup to stop me coughing at night so I could sleep. At no point did I even consider chugging the thing, and actually only needed 1/3 the bottle so I had like a whole gram of codeine phosphate chilling out in the back of my fridge (until it expired and I binned it).
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Jan 23, 2016 03:39
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The Goatfather posted:I'm not a bitcoiner or anything The Goatfather posted:you probably should actually use bitcoin 
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Feb 4, 2016 01:05
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I love how everyone talks about Bitcoins value in terms of US dollars. And profiting off Bitcoin by selling them for US dollars.
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Feb 28, 2016 23:17
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Speaking of horrible waste, it's time for a nostalgia trip! http://www.buttcoinfoundation.org/mining-rig-megapost/  It's hard to believe that just 2-3 years ago, ANYONE could mine bitcoins using PC video cards. poo poo, you used to be able to mine them with just your CPU at one point.
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Mar 5, 2016 13:46
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Holy poo poo what's going on in China? Why's there so many god drat Chinese buying up coins over the last few weeks? http://bitcoincharts.com/charts/volumepie/ 
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Mar 12, 2016 03:27
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wayne curr posted:Holy poo poo what's going on in China? Why's there so many god drat Chinese buying up coins over the last few weeks? Update:  Chinese continue in their quest to buy up all the butts.
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Mar 17, 2016 10:58
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wayne curr posted:Holy poo poo what's going on in China? Why's there so many god drat Chinese buying up coins over the last few weeks?  lol 97% of Bitcoin trading is now done on Chinese exchanges.
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Mar 23, 2016 05:30
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Zefiel posted:Bitcointy puts coins at 400 or so USD per butt coin how is that even possible http://bitcoincharts.com/charts/volumepie/ Market manipulation by the Chinese.
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Apr 18, 2016 01:34
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EorayMel posted:Just wait for the halvening where bitcoin will hold one hand on its mouth and the other will cup its rear end and see which one fills up faster. http://www.bitcoinblockhalf.com/ The last time the block mining reward was halved, was back on November 28 2012 Bitcoins where only worth around $10 each at the time.
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Apr 18, 2016 12:17
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Cojawfee posted:With the advent of magnetic strip readers you can attach to your phone, there's no excuse for cash only. Some businesses are cash only so they can dodge paying tax on their income 
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Jun 22, 2016 23:56
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| # ¿ Apr 26, 2024 14:08 |
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lol Bitcoins price has crashed 22% in less than 3 days. Currency of the future!
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Jun 23, 2016 00:28
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