Quote from: Undone on February 14, 2014, 06:20:20 PM

Quote from: NoWhammies on February 13, 2014, 10:43:52 PM

Actually this brings up an issue. What happens when mining becomes pointless? No mining, no blockchain verification.

I'm thinking that you need some education on the subject of mining and its economics in general, but be more specific - how are you defining "pointless"?

What I mean by "pointless" is that when you LOOSE money by mining.

Quote from: Its About Sharing on February 14, 2014, 07:58:13 PM

Quote from: NoWhammies on February 13, 2014, 10:35:23 PM

So I remember people saying that Bitcoins will be worth $40,000 per Bitcoin in 2014 ... HA! Looks more like they will be worth $40

Up around 10% since you posted and

Think of all the people laughing at you that bought in below current prices. Seriously what point are you making?

And you are making this out to be all about profit, what about the other 6 billion people? Stop being so selfish
and try to wrap your little mind around what this really is...

Then, get back to us.

Hate much?