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Banned
Join Date: Feb 2002
Posts: 6,930
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One thing that sucks about it though is it has completely screwed the prices of AMD video cards.
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02-25-2014, 08:13 AM
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Registered
Join Date: Jul 2005
Location: Seattle
Posts: 5,823
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Quote:
There are extremely powerful systems made just for that purpose.
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'85 911. White - 53,000 miles bought 3-16-07. "Casper" '88 924S. Blue - 120k miles bought with 105k miles. '94 968 Coupe - White - 108,000 miles bought 9-28-17 '09 Cayman - Grey - bought 9-8-20 |
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02-25-2014, 07:30 PM
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Too big to fail
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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02-28-2014, 05:38 AM
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závodník 'X'
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Mt. Gox bitcoin exchange files for bankruptcy in Japan - CSMonitor.com
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“When these fine people came to me with an offer to make four movies for them, I immediately said ‘yes’ for one reason and one reason only… Netflix rhymes with ‘wet chicks,'” Sandler said in a prepared statement. “Let the streaming begin!” - Adam Sandler |
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02-28-2014, 06:14 AM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,245
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- Peter |
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02-28-2014, 07:11 AM
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Banned
Join Date: Jan 2005
Location: cutler bay
Posts: 15,141
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bit coin CEO- FOUNDER DEAD
is the whole bit coin thing now dead too ? |
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03-06-2014, 08:27 AM
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The Winklevoss Twins Are Using Their Bitcoins to Go to Space
Written by MEGHAN NEAL March 5, 2014 // 11:40 AM EST The Winklevoss Twins Are Using Their Bitcoins to Go to Space | Motherboard 
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1977 911S Targa 2.7L (CIS) Silver/Black 2012 Infiniti G37X Coupe (AWD) 3.7L Black on Black 1989 modified Scat II HP Hovercraft George, Architect |
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03-06-2014, 08:32 AM
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83 911 Production Cab #10
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Who Will Live... Will See  83 911 Production Cab #10, Slightly Modified: Unslanted, 3.2, PMO EFI, TECgt, CE 911 CAM Sync / Pulley / Wires, SSI, Dansk Sport 2/2, 17" Euromeister, CKO GT3 Seats, Going SOK Super Charger |
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03-06-2014, 08:46 AM
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Registered
Join Date: Jul 2001
Location: Lawrenceville GA 30045
Posts: 7,376
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The title of BitCoin CEO is incorrect.
There is no such thing as a CEO for the currency. She owned/ran one of the Bitcoin exchanges.
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Mark '83 SC Targa - since 5/5/2001 '06 911 S Aerokit - from 5/2/2016 to 11/14/2018 '11 911 S w/PDK - from 7/2/2021 to ??? |
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03-06-2014, 08:58 AM
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Quote:
http://rt.com/business/radtke-bitcoin-death-singapore-134/ Quote:
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1977 911S Targa 2.7L (CIS) Silver/Black 2012 Infiniti G37X Coupe (AWD) 3.7L Black on Black 1989 modified Scat II HP Hovercraft George, Architect |
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03-06-2014, 09:17 AM
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Banned
Join Date: Mar 2014
Posts: 7
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  Anyone know about this stuff? |
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03-06-2014, 09:32 AM
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Registered
Join Date: Jul 2001
Location: Lawrenceville GA 30045
Posts: 7,376
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Referring to someone as the CEO of Bitcoin is the same as referring to someone as the CEO of the US Dollar or the Mexican Peso.
There is no such thing as a CEO of bitcoin. Bitcoin is the currency. There are CEO's of many different companies associated with its exchanges or "banks". She was the CEO of the company operating as an exchange for the currency. Bitcoin is a digital currency. It's only value is that others are willing/acceptable in receiving it in exchange for goods/services. It's been mostly associated with the purchase of drugs and illegal activity, in that it is somewhat of an anonymous method of exchanging large amounts of money.
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Mark '83 SC Targa - since 5/5/2001 '06 911 S Aerokit - from 5/2/2016 to 11/14/2018 '11 911 S w/PDK - from 7/2/2021 to ??? |
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03-06-2014, 04:01 PM
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83 911 Production Cab #10
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 Second Sober Thought Removal...Sorry for my offensive post.
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Who Will Live... Will See 83 911 Production Cab #10, Slightly Modified: Unslanted, 3.2, PMO EFI, TECgt, CE 911 CAM Sync / Pulley / Wires, SSI, Dansk Sport 2/2, 17" Euromeister, CKO GT3 Seats, Going SOK Super Charger Last edited by JJ 911SC; 03-07-2014 at 07:07 AM.. |
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03-06-2014, 05:21 PM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,245
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Whatever...
For any currency to have "value" the people using it must have confidence in that currency. So for instance, would you take Bitcoin as payment for a house or car you were selling? There's no way I would.
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03-06-2014, 05:38 PM
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,734
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Wow, who pissed in your beer, eh?
It's true though. How much can the "facts" of the article be relied on if they can't get one very big, very basic fact straight. It's the willingness of folks to let that kind of crap slip through that is helping us to hell in a hand basket. Your rant sounds like the sort of thing that you'd get from one of those kids that uses text speak for all written and spoken communications if you called them out on sounding like an idiot. Just because one company has gone bankrupt and another CEO couldn't take it any more, doesn't mean that bitcoin is done. It could be that the bubble has burst, but bitcoin may be around for a long time with a tiny corner of the market just trickling along. It's not like its value has dropped ack to nothing, and retailers are still taking it. Sadly, the big problem is that it's essentially, all online, which means that anyplace that works with it should have state of the art security and they don't. Financial institutions spend HUGE money on security so hackers can't get into their networks and steal money. Unfortunately, there have already been several huge thefts of bitcoin because the secure infrastructure isn't in place. Bitcoin is like the wild, Wild West. Since there's virtually no regulation for it and it really took hold in the criminal underworld of the Internet, it's got a way to go before it's a good alternative to any existing ways of doing business.
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa  SOLD 2004 - gone but not forgotten
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03-06-2014, 07:18 PM
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83 911 Production Cab #10
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Quote:
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Who Will Live... Will See 83 911 Production Cab #10, Slightly Modified: Unslanted, 3.2, PMO EFI, TECgt, CE 911 CAM Sync / Pulley / Wires, SSI, Dansk Sport 2/2, 17" Euromeister, CKO GT3 Seats, Going SOK Super Charger |
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03-07-2014, 06:53 AM
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Registered
Join Date: Jul 2001
Location: Lawrenceville GA 30045
Posts: 7,376
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Funny thing yesterday - I met with my financial advisor and we reviewed my 401k balance. At the end of our meeting I asked about strategy for me to retire in 10 years, I asked him - so how soon did he think I could liquidate my equities and move all my money to bitcoins? I thought he was going to fall out of his chair! I then let on that I was totally joking of course.
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Mark '83 SC Targa - since 5/5/2001 '06 911 S Aerokit - from 5/2/2016 to 11/14/2018 '11 911 S w/PDK - from 7/2/2021 to ??? |
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03-07-2014, 11:19 AM
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,734
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Quote:
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa SOLD 2004 - gone but not forgotten
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03-07-2014, 11:22 AM
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83 911 Production Cab #10
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And now, the end is near
And so I face the final curtain... 
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Who Will Live... Will See 83 911 Production Cab #10, Slightly Modified: Unslanted, 3.2, PMO EFI, TECgt, CE 911 CAM Sync / Pulley / Wires, SSI, Dansk Sport 2/2, 17" Euromeister, CKO GT3 Seats, Going SOK Super Charger |
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03-15-2014, 04:14 PM
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winter-hater club member
Join Date: Oct 2003
Location: salt lake city, utah
Posts: 24,705
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also, google 'bitcoin ASIC'. much less power consumption, much greater processing of the specific application. not cheap.
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2000 Corvette - ????, 2007 Buell XB9R - Astrid, 1996 Discovery - Piglet, 2000 Forester "COOL PRIUS!" - Nobody Ever |
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03-15-2014, 04:35 PM
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1977 Porsche 911S 2.7L
Das Babe
Das Babe Metalberiech
