Quote from: Unacceptable on February 27, 2015, 12:01:59 PM

Here's hoping BTC hits $50 !!! Grin

If BTC is mined centrally only,then it's no better than the dollar.It'll be manipulated to death by those in control of the network,forcing higher & higher fees & other problems Sad

BTW,cloud mining only makes BTC for those hosting the miners...ever!!! Tongue

Thanks for being honest Spoondolies!!! Best of luck to those mining at home still.

http://www.coindesk.com/bitcoin-elite-meet-secret-island-bilderberg-style-retreat/

Two words. Satoshi Roundtable

I think Bitcoin has already been manipulated to death by those who hold massive amounts of the coin not just those who have the majority of miner power. What makes anyone think that mining would remain in the small scale domain distributed widely? People have been explaining the consolidation for years. Spondoolies will do what it can to he maintain some of the ecosystem selling to groups interested in challenging Bitfury, Bitmain, Asicminer and KnC as well as others. But again the trends is clear economies of scale, cooling and cheap power for mining. Those who are not ordering on larger and larger scales are unable to keep up.