I am, however, still mining with my one computer...  That thing is generating about $15 a day right now for $3 a day of electricity...  :D What's going to happen to your $15/day once the ASIC miners hit the network? Litecoin mining is where it's at right now.  I can generate about 6 LTC per day and...

This guy borrowed 30K of USD to buy bitcoins one month ago... http://www.reddit.com/r/Bitcoin/comments/18f3pd/i_have_my_entire_retirement_and_savings_invested/c8ehaox It's looking good for him thus far  :o Yeah, that's kind of crazy - he actually didn't have any savings, only student loan debt, and...

Storm, what kind of gains have you had on your bitcoin adventure? Probably a bundle! Pretty good returns - I invested about $700 for a graphics card and about $100 worth of electricity a month for 18 months.  I cashed out about 133 bitcoins for $89 each or $11,837.  I should have probably sold 10 b...

From Mt. Gox: Database access error, please retry later LOL!  I'm glad my money is out. If there were reliable charts, some Fibo analysis could probably pinpoint some potential bottoms.  I imagine transactons are operating all on emotion right now. BTW, if you just email MtGox they increase your da...

$147 - this looks like the blow off top, but it's really hard to tell.  There is almost no supply, and the next wall of asks is at $150...

It hit $105 today - how high can it go?  Since I sold mine early, that's a pretty good counter indicator and you should probably buy now... 

I think the bagholders are going to be the exchangers themselves. Most of them are just providing a market for people to exchange amongst themselves and taking a cut when it happens.  Hard to see how they'll be hurt too badly. Right, my guess is that the exchanges are making out like bandits with a...

I'm out at $89.50 for a ~5000% profit.  Now I have to wait until Mt. Gox stops thinking I'm a money launderer and lets me transfer the money to Dwolla.  I also probably have to transfer only about $4,000 a day so that I don't set off any warning bells with the banks or the feds... This has been a fu...

So, it appears to have maintained it's parabolic trajectory - I went to bed last night and it was $75 per BTC.  Woke up this morning, and it is $87.50...  This is crazy.

For one arriving today, what shall I do with bitcoin business? Tks I'm not sure what your question is?  If you're running a business, and would like to accept Bitcoin, there are a number of ways you can setup your website to do so.  If you're looking to do ForEx trading with Bitcoin, you can also d...

What's the best way/place to just buy a few bitcoins every so often? I think coinbase.com is a pretty good place to buy them.  They charge a 1% fee for buying or selling, and you don't need to worry about the spread. I just wanted to give a disclaimer here - it seems that Coinbase is currently deal...

I'd probably keep a thumb drive in a safety deposit box with the gold coins. (Someone probably mentioned that on one of these many pages). Or maybe I should just wait a couple years for the Bitcoin CurrencyShares ETF. :-) I keep my wallet backed up to a thumb drive, as well as an external hard driv...

As much as I like the concept of bitcoin, it's vulnerable to a majority attack.  It's too easy to implode the economic value of a bitcoin.  As it gets bigger and larger transactions take place, it only gets worse :/ You do realize that as it gets more and more popular, it would be increasingly diff...

And... Spanish Senate just announced a proposed 0.2% tax on deposit accounts.  Fire up those Bitcoin clients in 3, 2, 1...

Sadly, my brother lost about $65,000 worth of bitcoins because he accidentally deleted his encrypted wallet from DropBox because he didn't recognize the funny filename he had given it and was trying to clear space. With memory as cheap as it is these days, wouldn't it make sense for DropBox to peri...

flyingpylon wrote: What's the best way/place to just buy a few bitcoins every so often?

I think coinbase.com is a pretty good place to buy them.  They charge a 1% fee for buying or selling, and you don't need to worry about the spread.

It looks like the price has gone parabolic, its over $70 now!  Get ready for the inevitable crash. There's also a fork in the blockchain because a large block was mined with v.8 that is incompatible with v.7. They resolved that fork.  I agree, it's gotten too valuable, too fast.  It might crash aga...

Bitcoin is roughly $65 today.  My paltry wallet is now worth $8,450.  Sadly, my brother lost about $65,000 worth of bitcoins because he accidentally deleted his encrypted wallet from DropBox because he didn't recognize the funny filename he had given it and was trying to clear space.  Oh my. Isn't ...

Bitcoin is roughly $65 today.  My paltry wallet is now worth $8,450.  Sadly, my brother lost about $65,000 worth of bitcoins because he accidentally deleted his encrypted wallet from DropBox because he didn't recognize the funny filename he had given it and was trying to clear space.  Personally, th...

Hi WiseOne, I'm still here, but I choose not to participate because I don't really enjoy all the libertarian fist pumping and rhetoric.  I think Bloomberg is a fine mayor and has created a lot of positive change in NYC, to be honest.  Personally, I think it's a good idea to have someone that underst...

Despite the title, I guess the correct term is "minted" not "mined." Right?  :-\ The correct term is actually mined.  Bitcoins are mined by performing very complex cryptographic calculations using a computer.  These cryptographic calculations are used to verify the authenticity ...

A friend of mine bought one of those machines that makes them. ("Mines" them?) Needless to say, I keep an offline encrypted wallet now, because I don't want to lose that money due to a virus or hacker. That *is* a concern. It's enough trouble keeping an eye on my credit cards. Bitcoins se...

1 Bitcoin is now worth around $34.60 USD today.  The last few months have seen historic rises in BTC value as two things happened: Coinbase offered a simple way to link a US checking account to a Bitcoin wallet and greatly simplified the process of buying and selling bitcoins - it's now as easy as P...

What sort of default rate do you see using this approach?  25% interest seems almost incredible - loan shark worthy, if you will.  I don't mean to disparage it, but I think the highest interest rates also show the highest default rates, but perhaps that's simply due to the higher risk profile of the...

Thanks for your perspective on China.  I spent a month there and I agree with everything you said. Reub, regarding not using diapers, although it might not be as sanitary for the rest of us, studies have shown that in countries where the mothers don't diaper, it is much easier to potty train the bab...