What are your thoughts on cryptocurrencies?

[Bloodyvalley]

I would just like to know what is everyone's perception on cryptocurrencies

 

 

1. Would you buy bitcoin?

2. Have you ever mined bitcoins or any other cryptocurrency?

3. Do you use cryptocurrencies for purchases?

4. Overall do you think these currencies are a good thing or no? Explain

[Snickerzz]

1. no

2. yes, lite/doge coirn

3. no

4. no, they will be dead in 5-10 years

[CowsGoRoar]

1. Yes. 0.000000000000000000000000000000000000000000000000001 of a bitcoin.

2. Yes. Installed Dogecoin on my 4 year old HP G60 laptop, and used it for literally 2 minutes.

3. No.

4. It's a good thing, but it's not stable without any government and financial support, so like Snickerzz said, it'll die in several years.

[Clyne]

if you mine with pc parts on cryptocurrencies, it will raise your electricity bill and you get jack for money.  

it's not worth it unless you had a ASIC machine

[Tea1337]

All are 1,2,and 3 no, they will die soon.

 

As for mining I mined dogecoin, and some lite coin. I still have over 2 million dogecoin in a hidden wallet.

[Snickerzz]

All are 1,2,and 3 no, they will die soon.

 

As for mining I mined dogecoin, and some lite coin. I still have over 2 million dogecoin in a hidden wallet.

thats like, 650$  

[Tea1337]

thats like, 650$  

Yeah it's $660 I would have over 14 million doge coin, but that wallet was lost on a HDD that died.

[eLucid]

Offtopic,

 

The mods are doing an excellent job tonight. 

 

https://www.youtube.com/watch?v=t8wuTWgBcMQ

 

 

1. Would you buy bitcoin? No

2. Have you ever mined bitcoins or any other cryptocurrency? No

3. Do you use cryptocurrencies for purchases? Never

4. Overall do you think these currencies are a good thing or no? No, It's a fad that will pass with time.

Edited September 15, 2014 by eLucid

[Snickerzz]

Yeah it's $660 I would have over 14 million doge coin, but that wallet was lost on a HDD that died.

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