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Join Date: Jul 2008
Location: OK
Posts: 12,730
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Ha!
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76' 911s Signature Edition |
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12-21-2017, 06:49 PM
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Registered
Join Date: Jul 2008
Location: OK
Posts: 12,730
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76' 911s Signature Edition |
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12-21-2017, 07:32 PM
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Registered User
Join Date: Sep 2012
Location: Växjö Sweden/Hannover Germany
Posts: 1,135
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Today down to 12K from 20K ... love it! The hype is over? Many burnt fingers I hope. ;-)
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12-22-2017, 04:23 AM
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Registered
Join Date: Dec 2001
Location: Ky, USA
Posts: 1,127
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^^^ What, you only feel good when others feel bad? Sorta lame.
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12-22-2017, 05:27 AM
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Free minder
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Makes me feel better I totally missed on bitcoin...
When you mortgaged your house to buy bitcoins at $19,000 and check the rate today: 
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1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/ 2014 Cayenne platinum edition 2008 Benz C300 (wife’s) 2010 Honda Civic LX (daughter’s) |
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12-22-2017, 05:30 AM
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Join Date: Apr 2002
Posts: 30,340
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12-22-2017, 05:31 AM
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Free minder
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It is an encrypted pyramid scheme, that is what it is.
The more people try to mine bitcoins, the harder it gets and the lower the reward gets. And it uses the energy of 3 nuclear plants... And it is too volatile to be a currency. I made some some money on some blockchain startup scam on Tuesday, and as soon as I got out the price started dropping...just played on the volatility. There were many such scams going on Monday and Tuesday.
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1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/ 2014 Cayenne platinum edition 2008 Benz C300 (wife’s) 2010 Honda Civic LX (daughter’s) |
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12-22-2017, 05:40 AM
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Join Date: Apr 2002
Posts: 30,340
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12-22-2017, 05:47 AM
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winter-hater club member
Join Date: Oct 2003
Location: salt lake city, utah
Posts: 24,705
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12-22-2017, 07:47 AM
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Join Date: Apr 2002
Posts: 30,340
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It was all 1s and 0s in my former life...backed by a bit of credibility...nothing more 
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12-22-2017, 07:52 AM
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winter-hater club member
Join Date: Oct 2003
Location: salt lake city, utah
Posts: 24,705
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Next? |
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12-22-2017, 09:38 AM
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Functionista
Join Date: Jul 2011
Location: CO
Posts: 7,717
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An accepted medium of exchange?
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Jeff 74 911, #3 I do not disbelieve in anything. I start from the premise that everything is true until proved false. Everything is possible. |
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12-22-2017, 11:34 AM
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winter-hater club member
Join Date: Oct 2003
Location: salt lake city, utah
Posts: 24,705
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What is happening with bitcoin is that its value is being explored by those invested in its use. It is new for the vast majority thus it is chaotic. And it could disappear just like many forms of currency have done. How much is a German mark worth? I like the model of ripple better. But to each their own. |
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12-22-2017, 11:46 AM
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Information Junky
Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,189
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Everyone you meet knows something you don't. - - - and a whole bunch of crap that is wrong. Disclaimer: the above was 2¢ worth. More information is available as my professional opinion, which is provided for an exorbitant fee. 
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12-22-2017, 12:14 PM
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Registered
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I have a friend who lost his Bit Coins due to his computer crashing, not sure of all the facts.
What happens to his and all the others that loose their coins? Like here in New Yuck with the deposit scam the state runs. They pocketed 102 million this year of non returned containers. They keep 80% and send the other 20% back to the collectors. Do the lost coils go to Bulgaria and Belize or recirculated? Terry
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79 SC Minerva Blue ROW Non Sunroof Crank Window Coupe 3.0 SSIs, Backdated Heat COA: Passenger Side Mirror, Manual Antenna & Dunlop Tires |
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12-22-2017, 01:05 PM
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Free minder
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There is also the story of that guy who accidentally trashed the hard drive that had $128M of bitcoin key stored in it. It is in the municipal dump but the town won’t let him dig...that would be some real bitcoin mining.
That is another flaw with the bitcoin: if you lose the key to them, no one can help you.
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1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/ 2014 Cayenne platinum edition 2008 Benz C300 (wife’s) 2010 Honda Civic LX (daughter’s) |
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12-22-2017, 03:24 PM
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Super Moderator
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Chris ---------------------------------------------- 1996 993 RS Replica 2023 KTM 890 Adventure R 1971 Norton 750 Commando Alcon Brake Kits |
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12-22-2017, 03:27 PM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,245
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Just a thought... If you lived somewhere cold the Bitcoin machines could help heat your house... But there's still the issue of the fan noise and Summer time.
A cold cellar would be ideal but you still need to circulate the air. 
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- Peter |
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12-22-2017, 06:37 PM
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Super Moderator
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It could certainly offset heating costs...
Two of those are keeping my garage about 5 degrees above what the thermostats are set for. Not sure what this will look like in the summer. Fortunately a 900 sq ft 6" deep slab tends to act as a good heat sink.
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Chris ---------------------------------------------- 1996 993 RS Replica 2023 KTM 890 Adventure R 1971 Norton 750 Commando Alcon Brake Kits |
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12-22-2017, 08:07 PM
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Registered
Join Date: Jan 2007
Location: Australia
Posts: 7,917
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Quote:
24h Low / 24h High $11,519.1690 / $15,809.5414
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In Heaven… the mechanics are German, the chefs are French, the police are British, the lovers are Italian and everything is organized by the Swiss. In Hell…the mechanics are French, the police are German, the chefs are British, the lovers are Swiss and everything is organized by the Italians. |
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12-22-2017, 08:14 PM
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Crusty
1970 Porsche 911 S 
