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Bitcoins... #841465
4th Dec 2013 8:33pm
4th Dec 2013 8:33pm
Joined: May 2011
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Wallasey
TheComputerLab Offline OP
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TheComputerLab  Offline OP
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Have you got any? Or any other crypto currency?

Google Ads
Re: Bitcoins... [Re: TheComputerLab] #841499
4th Dec 2013 11:30pm
4th Dec 2013 11:30pm
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rainman Offline
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i started to mine bitcoins but it was a slow process as i didnt have the best graphics card for the job.

Re: Bitcoins... [Re: TheComputerLab] #841502
4th Dec 2013 11:45pm
4th Dec 2013 11:45pm
Joined: Aug 2005
Posts: 16,137
New Brighton
_Ste_ Offline
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_Ste_  Offline
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Why do you need a good graphics card?

Re: Bitcoins... [Re: TheComputerLab] #841503
4th Dec 2013 11:47pm
4th Dec 2013 11:47pm
Joined: Aug 2005
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New Brighton
_Ste_ Offline
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_Ste_  Offline
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Since this article the web and bitcoins has gone viral, i never heard of bitcoins until i seen this....

[youtube]4vExeRv7fI8[/youtube]

Re: Bitcoins... [Re: _Ste_] #841504
4th Dec 2013 11:48pm
4th Dec 2013 11:48pm
Joined: Dec 2012
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Our House In Our Road
ZipperClub Offline
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Our House In Our Road


One Way Or Another
Re: Bitcoins... [Re: TheComputerLab] #841506
4th Dec 2013 11:51pm
4th Dec 2013 11:51pm
Joined: Aug 2005
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New Brighton
_Ste_ Offline
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_Ste_  Offline
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Cheers zipper happy

Re: Bitcoins... [Re: TheComputerLab] #841508
4th Dec 2013 11:51pm
4th Dec 2013 11:51pm
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rainman Offline
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Quote
Why do you need a good graphics card?

the generation software uses the GPU from your graphics card which is alot fater than Pure CPU power , there is software that uses the CPU power but alot slower ..


Re: Bitcoins... [Re: TheComputerLab] #841518
5th Dec 2013 12:48am
5th Dec 2013 12:48am
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granny Offline
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Over the last few weeks there have been a number of programmes on the radio which have covered the subject of 'bitcoins'.
I was really interested in them and how it was explained seemed easy enough to follow until the final paragraph, in which warnings were given. Still don't know much about them, as retaining the information is becoming more difficult, laugh but I reckon they are worth a go , so long as nobody puts their life on the line and they
can undersrand the process to get there.
They might be getting out of reach now for many.


Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect.
~Chief Seattle
Re: Bitcoins... [Re: TheComputerLab] #841592
5th Dec 2013 2:18pm
5th Dec 2013 2:18pm
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rainman Offline
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2 months ago the value of a bitcoin was around £60.00 ..last night i checked and saw each bitcoin was now worth £705.00 ... with that in mind remember they can also drop in value as quickly as they increase

currently i see 1 BTC = £609.07370 GBP

Re: Bitcoins... [Re: TheComputerLab] #841761
5th Dec 2013 10:01pm
5th Dec 2013 10:01pm
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Wallasey
TheComputerLab Offline OP
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TheComputerLab  Offline OP
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Wallasey
This is simply stock market stuff these days. I bought 2 12 months ago for £20. Used 1 straight away and kept the other,

Current value is over 1000 dollars happy days!

Re: Bitcoins... [Re: TheComputerLab] #842038
7th Dec 2013 12:17am
7th Dec 2013 12:17am
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Gloom Offline
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Don't bother unless you are going to invest thousands in ASICs. If you don't know what they are stick to buying and selling bitcoins directly and don't bother attempting to mine them. The money will be in buying a few thousands of pounds worth now and waiting a few years to see what happens. Risky investment that will probably pay off for those who can afford it / have the kit to mine.

Re: Bitcoins... [Re: TheComputerLab] #842354
8th Dec 2013 10:42pm
8th Dec 2013 10:42pm
Joined: Dec 2003
Posts: 5,683
Bebington, Wirral
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DavidB Offline
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Still have no idea what they are.


"C20 LET bang"
Re: Bitcoins... [Re: Gloom] #842386
9th Dec 2013 9:04am
9th Dec 2013 9:04am
Joined: Dec 2013
Posts: 4
newbo
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Jk_87 Offline
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newbo
Originally Posted by Gloom
Don't bother unless you are going to invest thousands in ASICs. If you don't know what they are stick to buying and selling bitcoins directly and don't bother attempting to mine them. The money will be in buying a few thousands of pounds worth now and waiting a few years to see what happens. Risky investment that will probably pay off for those who can afford it / have the kit to mine.


spot on. get on to lite coins!

Re: Bitcoins... [Re: TheComputerLab] #844409
18th Dec 2013 4:10pm
18th Dec 2013 4:10pm
Joined: Nov 2003
Posts: 21,205
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Mark Offline

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Mark  Offline

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o Dear Bitcoin sinks after China restricts yuan exchanges

Click Me


My Avatar images are all from the Wirral Gallery.Click Me
Wow Wirral History is coming along Great! Wirral History

we get +200 new members a month now smile
Re: Bitcoins... [Re: Mark] #844451
18th Dec 2013 5:39pm
18th Dec 2013 5:39pm
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venice Offline

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Did you dabble? Some of the people in at the start must have made some serious money - Serious money lost now though for those not out in time. I find the whole thing a weird concept.Is it just basically another Ponzi scheme?


Moderated by  Mark 

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