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Bitcoins

Satangel

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I have about 1.5 btc, just to experiment with, However until their are bitcoin ATM on the Street, or Star bucks or another retailer accepts them, the USD is my go-to. Mining bitcoins seems abit of a waste of cycles, as the reward may never come. I would rather sell the extra cycles to host HTTP servers, or Seti@home or searching for the cure to cancer, stuff like that, a more charitable front rather than profitable. but it is still an interesting concept.
True that, that's an honorable cause you have there man.
I'm just wasting time with these coins I think, but you never know. It's not that I'm really losing anything, except time and electricity, I can live with that.
 

FAST6191

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I have about 1.5 btc, just to experiment with, However until their are bitcoin ATM on the Street, or Star bucks or another retailer accepts them, the USD is my go-to. Mining bitcoins seems abit of a waste of cycles, as the reward may never come. I would rather sell the extra cycles to host HTTP servers, or Seti@home or searching for the cure to cancer, stuff like that, a more charitable front rather than profitable. but it is still an interesting concept.
They are accepted in a few pubs
http://www.theregister.co.uk/2013/06/25/bitcoins_now_accepted_in_hitech_hipster_hostelry/
http://www.theregister.co.uk/2013/09/16/australian_pub_to_serve_beers_for_bitcoin/

On the reward never coming thing yeah but some of the pools seem to reward work rather than winning if you were so inclined.

That said I had considered investing my throwaway money into them and would have made a packet had I done so but I certainly have not done anything other than follow it thanks to my finding the concept to be curious.
 
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Celice

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Bitcoins are now banned in China and a few days later they were banned in India. Any more countries and Bitcoins as good as dead.
At least dogecoin is still viable in the great land of firewalls

much fengshui

many rice

wow
 

Celice

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True that, that's an honorable cause you have there man.
I'm just wasting time with these coins I think, but you never know. It's not that I'm really losing anything, except time and electricity, I can live with that.
If you're still interested in dicking around with coin mining, dogecoins actually seems potentially profitable at this point. Perhaps not in a direct sense, but a few people have made profitable trades by turning their dogecoins into other crypto services during price fluctuations.
 

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