Deep Web/Bitcoin Mining

[decay]

currency backed by nothing but confidence in the currency itself - which is riddled with security issues and is the constant target of hackers

thanks for letting us know how that's completely untrue of every other currency, mr. greenspan.

[pandaboo911]

thanks for letting us know how that's completely untrue of every other currency, mr. greenspan.

The US dollar is backed by the US government.

it doesn't drop 90% in one day.. unless the US declares nuclear war or some shit which is unlikely

[ninjaotter]

haha so chill

A lot of the "deep web" is really just parts of the net that aren't directly linked to the backbone, crawled by search robots, or stuff not curated for public use. We're not just talking about TOR. All TOR is the deep web, but not all of the deep web is TOR. Lots of universities have massive databases of raw, uncrunched data just hanging out there that aren't trolled by search spiders or easy to Google, or meant to be viewed by you and me. You really really have to want to get there. They usually dont have a .com. That's Deep Web, but not TOR.

But yeah, TOR has a whole lot of Christian Prayer. Oh, that's funny on lots of levels.

/end random tangent so I can get back to loading up my new iPad. Hurray new iPad!

[decay]

The US dollar is backed by the US government.

it doesn't drop 90% in one day.. unless the US declares nuclear war or some shit which is unlikely

No, it drops its value gradually as Bernanke practices "quantitative easing".

By your argument, anyone playing with forex at all is wrong. If that's really your opinion, yeah, you probably should stay out of this particular game.

[nando]

people playing with forex generally know what they're doing.

this is like the penny stock of currencies. pump and dump.

[herbivor]

I don't know anything about bit coins but usually when you are hearing these kinds of comments from investors of anything, it's time to sell now!!
Has anyone hear cashed in and made thousands of dollars in profit yet? Just curious.

Quoted this last week.

http://money.cnn.com/2013/04/12/investing/bitcoin-bubble/?npt=NP1

[decay]

people playing with forex generally know what they're doing.

this is like the penny stock of currencies. pump and dump.

so you're saying that people's interaction with a currency or medium defines it?

interesting theory.

[lolcantturn]

https://products.butterflylabs.com/30gh-bitcoin-miner.html

If (according to a bitcoin calculator) I'm going to make $6000/month
Why wouldn't I just buy this?
Why wouldn't anyone just buy this?
I know the bitcoin mining gets exponentially difficult, so mining won't be easy but honestly..why wouldn't anyone just do it?

It all seems too good to be true..

[InuFaye]

BFL is a scam thats why lol.

[Fusion]

AFAIK, BFL still hasn't started shipping miners and it will be around 200 days since they started taking money from thousands of pre-payers.

[InuFaye]

BFL is gonna close up shop and laugh and run away with all your money.

[lolcantturn]

Ahh..so the only concrete way of doing this
is to actually build your own mining rig..?

[GaryE30]

yep

[decay]

Or see if you can still get in on Avalon's 3rd round somehow.

[Rsully70sev]

You have to build your own rig. I'm running a dedicated rig and mine on my daily PC, I pull in about 1 btc every 4 days.

BFL hasn't shipped shit, Avalons are going for $70k resale for people who were lucky enough to get one. I also invest and day trade, I'm loving every minute of it.

Once ASICs hit the market, mine Litecoins. ASICs wont effect Litecoins because it's algorithms vs scripting. MtGox already has in their API plans to integrate them into their system along with Campbx and Btc-e. Buy now, I'm warning you! Too good to be true? I'll continue to pull in thousands.