Page 1 of 6 12345 ... LastLast
Results 1 to 15 of 85
  1. #1
    All-Star
    Points: 22,937, Level: 46
    Level completed: 39%, Points required for next Level: 613
    Overall activity: 2.0%
    Achievements:
    SocialVeteran10000 Experience Points
    cloneluke80's Avatar
    Join Date
    Apr 2006
    Location
    West Des Moines, IA
    Posts
    1,606
    Points
    22,937
    Level
    46
    Thumbs Up
    Received: 3
    Given: 1

    Any bitcoiners out there?

    I dont own any, but casually watch from afar... pretty crazy ride in the last few months: bitcoinity.org/markets recently became $1B market and is sort of out of its infancy but still a mess... Anyone dabble here?



  2. #2
    Pro
    Points: 67,213, Level: 80
    Level completed: 48%, Points required for next Level: 837
    Overall activity: 15.0%
    Achievements:
    Veteran50000 Experience Points
    Jordanj6502's Avatar
    Join Date
    Jan 2010
    Location
    Ames
    Posts
    3,428
    Points
    67,213
    Level
    80
    Thumbs Up
    Received: 20
    Given: 18

    Re: Any bitcoiners out there?

    I haven't touched it, but I also have been watching. it used to be a around $10 and vary <$5. Then recently it shot up to $100+. Then $200 before the crash back to ~$100. It is pretty volatile now, and way too much risk at this point for me... Basically just gambling.



  3. #3
    All-Star
    Points: 22,937, Level: 46
    Level completed: 39%, Points required for next Level: 613
    Overall activity: 2.0%
    Achievements:
    SocialVeteran10000 Experience Points
    cloneluke80's Avatar
    Join Date
    Apr 2006
    Location
    West Des Moines, IA
    Posts
    1,606
    Points
    22,937
    Level
    46
    Thumbs Up
    Received: 3
    Given: 1

    Re: Any bitcoiners out there?

    yeah i know someone that bought chunks in the single digits... so he is watching intently :)



  4. #4
    Speechless
    Points: 717,781, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 36.0%
    Achievements:
    SocialVeteranCreated Album pictures50000 Experience PointsOverdrive

    Join Date
    Apr 2006
    Location
    A pineapple under the sea
    Posts
    45,682
    Points
    717,781
    Level
    100
    Thumbs Up
    Received: 461
    Given: 239

    Re: Any bitcoiners out there?

    I'm reading Currency Wars (highly recommended) right now, and if this poses any kind of threat to what the central banks are trying to do, this will be manipulated into a fiery death.



  5. #5
    All-Star
    Points: 44,214, Level: 64
    Level completed: 98%, Points required for next Level: 36
    Overall activity: 2.0%
    Achievements:
    25000 Experience PointsVeteran
    cyclonefreak5's Avatar
    Join Date
    Sep 2010
    Location
    Ames
    Posts
    1,207
    Points
    44,214
    Level
    64
    Thumbs Up
    Received: 0
    Given: 1

    Re: Any bitcoiners out there?

    I heard about this a year ago or so. Its definitely intriguing. I had completely forgotten about it.



  6. #6
    Hall-Of-Famer
    Points: 121,120, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    50000 Experience PointsSocialVeteran

    Join Date
    Dec 2010
    Location
    Ames via Akron, Ohio
    Posts
    4,650
    Points
    121,120
    Level
    100
    Thumbs Up
    Received: 152
    Given: 34

    Re: Any bitcoiners out there?

    Been mining for a year now and bought some at $10 (5 of them) + my mining ones so I made about 3 grand on the whole thing. I sold at $200.


    My teams: (as of 9/20/13)
    Cleveland Browns: 0-2 - .000
    Cleveland Indians: 83-70 - .542
    Cleveland Cavs: 24-58 - .293
    Iowa State Cyclones (FB): 0-2 - .000

    9/22/18 & 9/7/19
    Akron and Iowa State
    CAN'T WAIT!

  7. #7
    Addict
    Points: 127,509, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    SocialVeteran50000 Experience PointsRecommendation Second Class
    Farnsworth's Avatar
    Join Date
    Apr 2006
    Location
    Omaha, NE
    Posts
    6,299
    Points
    127,509
    Level
    100
    Thumbs Up
    Received: 77
    Given: 32

    Re: Any bitcoiners out there?

    cliffs? I've heard bits and pieces, but have no clue on this topic. would like to follow it as it sounds interesting.



  8. #8
    Hall-Of-Famer
    Points: 121,120, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    50000 Experience PointsSocialVeteran

    Join Date
    Dec 2010
    Location
    Ames via Akron, Ohio
    Posts
    4,650
    Points
    121,120
    Level
    100
    Thumbs Up
    Received: 152
    Given: 34

    Re: Any bitcoiners out there?

    This video sums it up and dumbs it down



    My teams: (as of 9/20/13)
    Cleveland Browns: 0-2 - .000
    Cleveland Indians: 83-70 - .542
    Cleveland Cavs: 24-58 - .293
    Iowa State Cyclones (FB): 0-2 - .000

    9/22/18 & 9/7/19
    Akron and Iowa State
    CAN'T WAIT!

  9. #9
    Hall-Of-Famer
    Points: 121,120, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    50000 Experience PointsSocialVeteran

    Join Date
    Dec 2010
    Location
    Ames via Akron, Ohio
    Posts
    4,650
    Points
    121,120
    Level
    100
    Thumbs Up
    Received: 152
    Given: 34

    Re: Any bitcoiners out there?

    But seriously if you have any questions regarding bitcoins I will happily answer them. I've been doing it for over a year now and am pretty knowledgeable.


    My teams: (as of 9/20/13)
    Cleveland Browns: 0-2 - .000
    Cleveland Indians: 83-70 - .542
    Cleveland Cavs: 24-58 - .293
    Iowa State Cyclones (FB): 0-2 - .000

    9/22/18 & 9/7/19
    Akron and Iowa State
    CAN'T WAIT!

  10. #10
    Addict
    Points: 85,566, Level: 91
    Level completed: 1%, Points required for next Level: 1,884
    Overall activity: 50.0%
    Achievements:
    50000 Experience Points1 year registered
    mtowncyclone13's Avatar
    Join Date
    Oct 2012
    Posts
    5,052
    Points
    85,566
    Level
    91
    Thumbs Up
    Received: 146
    Given: 110

    Re: Any bitcoiners out there?

    way too complicated and technical for a worldwide matket.


    "What Fred is doing isn't really working, it just appears that way. Don't ever forget, slow and steady wins the race." -HawkeyeNation.com

    "Are we a football school or a basketball school?" "Volleyball I think".
    "That's not good".

  11. #11
    Addict
    Points: 155,398, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 20.0%
    Achievements:
    Social50000 Experience Points1 year registered
    VikesFan28's Avatar
    Join Date
    Nov 2011
    Location
    Ames, IA
    Posts
    9,950
    Points
    155,398
    Level
    100
    Thumbs Up
    Received: 12
    Given: 7

    Re: Any bitcoiners out there?

    This is legit? Seems neato.



  12. #12
    Hall-Of-Famer
    Points: 121,120, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    50000 Experience PointsSocialVeteran

    Join Date
    Dec 2010
    Location
    Ames via Akron, Ohio
    Posts
    4,650
    Points
    121,120
    Level
    100
    Thumbs Up
    Received: 152
    Given: 34

    Re: Any bitcoiners out there?

    Quote Originally Posted by mtowncyclone13 View Post
    way too complicated and technical for a worldwide matket.
    I disagree. Once people of a certain age... to put it bluntly... die. It will prosper and the idea behind bitcoins will be prosperous. (That might sound bad)


    My teams: (as of 9/20/13)
    Cleveland Browns: 0-2 - .000
    Cleveland Indians: 83-70 - .542
    Cleveland Cavs: 24-58 - .293
    Iowa State Cyclones (FB): 0-2 - .000

    9/22/18 & 9/7/19
    Akron and Iowa State
    CAN'T WAIT!

  13. #13
    Hall-Of-Famer
    Points: 121,120, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    50000 Experience PointsSocialVeteran

    Join Date
    Dec 2010
    Location
    Ames via Akron, Ohio
    Posts
    4,650
    Points
    121,120
    Level
    100
    Thumbs Up
    Received: 152
    Given: 34

    Re: Any bitcoiners out there?

    Quote Originally Posted by VikesFan28 View Post
    This is legit? Seems neato.
    As legit as you can get


    My teams: (as of 9/20/13)
    Cleveland Browns: 0-2 - .000
    Cleveland Indians: 83-70 - .542
    Cleveland Cavs: 24-58 - .293
    Iowa State Cyclones (FB): 0-2 - .000

    9/22/18 & 9/7/19
    Akron and Iowa State
    CAN'T WAIT!

  14. #14
    All-Star
    Points: 44,214, Level: 64
    Level completed: 98%, Points required for next Level: 36
    Overall activity: 2.0%
    Achievements:
    25000 Experience PointsVeteran
    cyclonefreak5's Avatar
    Join Date
    Sep 2010
    Location
    Ames
    Posts
    1,207
    Points
    44,214
    Level
    64
    Thumbs Up
    Received: 0
    Given: 1

    Re: Any bitcoiners out there?

    How long does mining usually take? months? Obviously it depends on your computer power, but give me an example I guess.



  15. #15
    Hall-Of-Famer
    Points: 121,120, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 35.0%
    Achievements:
    50000 Experience PointsSocialVeteran

    Join Date
    Dec 2010
    Location
    Ames via Akron, Ohio
    Posts
    4,650
    Points
    121,120
    Level
    100
    Thumbs Up
    Received: 152
    Given: 34

    Re: Any bitcoiners out there?

    Quote Originally Posted by cyclonefreak5 View Post
    How long does mining usually take? months? Obviously it depends on your computer power, but give me an example I guess.
    In the early days you could do it by yourself, but when I got around to it that wasn't possible even back then. Nowadays you almost have to join a mining pool. Which is basically a group of thousands of miners joining together and with their own algorithm break up the blocks and send them out to the various computers that will computer their section of the mining block. Then you get a share of the block based on how much you helped mine that block.

    For example one of the pools I am in just completed a block in 1.5 hours. There were 11,690,028 shares in that block so you take that and divide 25 by 11.6 million and get 0.00000213857 bitcoins per share you had.


    My teams: (as of 9/20/13)
    Cleveland Browns: 0-2 - .000
    Cleveland Indians: 83-70 - .542
    Cleveland Cavs: 24-58 - .293
    Iowa State Cyclones (FB): 0-2 - .000

    9/22/18 & 9/7/19
    Akron and Iowa State
    CAN'T WAIT!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • Football
  • Iowa State vs. North Dakota State
  • August 30, 2014
  • 06:00 PM