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Re: New Company Claims to be Selling Bitcoin Mining ASIC Systems: www.asxproject.com
ASX was out of stock yesterday and now shows 219 in stock. Giving them the benefit of the doubt, I'd assume this is because some people asked for refunds. Anyone on the forum want to share their refund experience?
hanging on to them. Either they are gonna be worth a ton or nothing one day
Good idea, but, the value increases by the amount being used. If every one held on to their bitcoins they'd become worthless.
K.
This has made me wonder about the problem of people who die with a considerable bitcoin balance? Since no one else knows their passwords for their wallet, are these bitcoins just as dead as their old owner?
Yes. This increases deflation of the currency, but it shouldn't be an issue since Bitcoins are easily divisible. In the scenerio that too many coins are lost, μBTC might be used.
Anyways, if you have a lot of BTC, make sure your family knows how to access and secure the funds if you should die suddenly.
I guess this would be no different than if someone died with huge stacks of cash buried in his backyard. Since that person was hording and not spending, it really has no impact on the economy.
Hoard some, but I do spend occassionally with "some sites" 
What sites?
I've been using giftcardbtc.com to pick up a few gift cards here and there.
I KNEW SUCH A SITE EXISTED! It's just that I was sure something like this was possible so. *cheers*
Now if I only had more than two dollars XD
$2 no longer gets you a meaningful amount of bitcoins. I wish it was 2 years ago.
Do you make enough in coins to only spend coins for what you need?
As opposed to what? Making enough to spend government currency for what I need?
I have moved on from government currency.
Edit: I see what you are asking. I do not get paid in bitcoins, I convert every paycheck.
Wow, that is very gutsy. It gives me hope that there are enough ways to spend coins to live a reasonable life. Are there are any groceries that take Bitcoins yet?
Do you make enough in coins to only spend coins for what you need?
I'm a miner looking for ways to spend coins
Greeting fellow newbie
Rolling them slowly down massive smooth shopping mall floors is always a laugh to spend some coins, esp if you bet on it.
Do you have a favorite betting site?
I've got a few bitcoins now but trading into currency is inconsistent due to the performance of the exchanges or some of them just disappearing. So instead of selling them for currency, what do people spend them on? Those of you who are also new to Bitcoins, what do you intend to do with them? I've traded a few for Amazon gift cards but that isn't the same as spending them for goods or services.
Thought I'd get the input of others here.
Thanks!
Thought I'd get the input of others here.
Thanks!