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  1. NDwalleyes

    Bitcoin

    My take on it is this.... As it sits now, is there an investment opportunity in bitcoin...yes. Is there potential for a long-term huge upside with minimal investment...yes Would I invest all my money into bitcoin...no. But, a guy has to be aware of changes in global currencies that are...
  2. NDwalleyes

    sioux hockey

    Yeah they were bad. The refs in the NCHC have never been good, and they need to address that issue if they want to continue to be the premier league.
  3. NDwalleyes

    Bitcoin

    You can buy and sell when ever you want. I've yet to buy or sell any yet so not sure what it entails. There are bitcoin ATMs. Nearest one is in GF.
  4. NDwalleyes

    Bitcoin

    My miner is doing the accounting, so I get paid. When the coins all in circulation, it is my understanding that there will be a very small transaction fee to pay the miners.
  5. NDwalleyes

    Bitcoin

    There will only be 22 million coins made, 14 million have been mined. Many main stream business are looking at jumping on. I look at bitcoin like people looked at Bill Gates. How that 1981 apple stock looking today? Will it hurt me to own a few coins? Nope.
  6. NDwalleyes

    Bitcoin

    Yeah the SEC shot down the ETF issue. Only down $150.
  7. NDwalleyes

    Bitcoin

    Yep!
  8. NDwalleyes

    Bitcoin

    My understanding is they are basically auditing the transactions vs just solving math problems. - - - Updated - - - The miners benefit by getting paid in coins.
  9. NDwalleyes

    Bitcoin

    Don't think you can clone them. The minors use high speed graphics cards to solve math problems essentially. Asics cards I think they're called. There are people who run a pile of them and actually use them to heat their homes. Some are running like 50 of them in areas where electricity is...
  10. NDwalleyes

    Bitcoin

    Honestly I don't get into it in that much detail. I have a general understanding and just enjoy the mining concept. I'm not a tech guy by any means...that's how easy it is get set up. Opened a wallet and followed the directions.
  11. NDwalleyes

    Bitcoin

    Much more stable than say a year ago. It generally stays within a $50 to $100 range now. With the SEC ruling set to come out at market close it is up about 6% today. :D
  12. NDwalleyes

    Bitcoin

    It takes about 10 months as it sits now, it used to take about 5 months to earn a coin. I only run one miner. Each block used to be worth 25 btc, those coins are divided between the number of miners in your pool. We only get 12.5 coins now. Coins are taken out to 8 decimal places. I'm making...
  13. NDwalleyes

    Bitcoin

    The beauty of bitcoin is that there is no central government running or manipulating the currency. It works off what is called the "block chain". The value of a bitcoin is based strictly off the demand for them. EVERY transaction is recorded and verified. Transactions are recorded in "blocks"...
  14. NDwalleyes

    Bitcoin

    701, yes they were VERY cheap just a few years ago. Duckslayer, just google Antminer S7. They cost about $700-$800 plus $200 for a power supply. they run on low amperage 220v. Plug it in, run a data cable to your router. Set up your account with whatever pool you want to mine with. Log in to...
  15. NDwalleyes

    Bitcoin

    Brought this topic up on FBO a while back and got laughed at. It's now at $1250 per coin and the SEC will announce today if bitcoin will be allowed to be bought and sold as a currency through the exchanges. Anyone else on here mining coin?
  16. NDwalleyes

    where's 7???

    What site is he at? Let's all go there and jump his shit.
  17. NDwalleyes

    Mother Nature

    I was in Mesa last weekend for the first time. What a great area. Could get used to that. Seriously considering moving there.
  18. NDwalleyes

    Well this is going to get interesting

    True. However, we'll see how they enjoy themselves later in life when they have nothing to show for their efforts and they decide "I'm too old for this crap."
  19. NDwalleyes

    Mother Nature

    In like a lion, out like a lamb... 50's by later next week.
  20. NDwalleyes

    where's 7???

    Svn, It's odd you're not around and we miss your humor. If you're dealing with real-life crap or battling a personal issue we wish you well.

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