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PostPosted: Mon Nov 13, 2017 8:09 pm 
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PostPosted: Mon Nov 13, 2017 8:22 pm 
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close, but no cee-garr...... :mrgreen:

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PostPosted: Mon Nov 13, 2017 10:51 pm 
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Wasn't monitoring this thread. Glad to see some guys into crypto, also dispelling common myths.

Cheers all!


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PostPosted: Tue Nov 14, 2017 1:01 am 
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:D
HiFiSnus wrote:
Wasn't monitoring this thread. Glad to see some guys into crypto, also dispelling common myths.

Cheers all!


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PostPosted: Tue Nov 14, 2017 3:27 am 
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Che Cavolo wrote:
True story. Try this. Put a couple grains of fresh ground black pepper in each nostril. Hold. Hold. When you sneeze, shout "Bitcoin"!










































It comes out:

BRE-X!!!!! :lol:


Hahaha!! Between you and helass! :lol:

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PostPosted: Tue Nov 14, 2017 5:08 am 
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We should cut helass-guy a bit of slack. He could be Donald Trump's speech-writer. He could be the guy who came up with 'bigly'.

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PostPosted: Tue Nov 14, 2017 9:59 am 
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Jhayman wrote:
I'm glad I could shed a little light on the matter, yes a worthwhile investment IMO

sthomas1049 wrote:
Jhayman wrote:
:D
Yes GPU power makes all the difference, AMD vs Nvidea, I'm running Nvidea GTX 1070's which are better than AMD for Eqihash type coins..


At $500 to $600 per card that is quite an investment. Not to mention the cost for the PSU’s and what ever bus they are running on. Thanks for sharing.



As a pc junkie/follower/user/casual hacker... since about 1980, I find this interesting....

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PostPosted: Tue Nov 14, 2017 11:05 am 
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working on building another mining rig..


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PostPosted: Tue Nov 14, 2017 11:11 am 
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Jhayman wrote:
working on building another mining rig..


Does the fidget spinner help? :lol:


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PostPosted: Tue Nov 14, 2017 11:30 am 
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Geez I don't like the incorrect usage of the term 'tip' - I was in the hospitality business (for far too long)
Despite the fact that it has become the usual term here's the deal - "TIP' is the acronym for 'To Insure Promptness' - so a customer would 'TIP' a server to make sure he/she would pay particular attention to the needs of that customer.
At the end of the customer's visit he/she would offer a 'Gratuity' to thank the server for his/her attention.

As it applies here - sure - go ahead - 'TIP' a person to make sure they pay attention to the post or interaction or sale or whatever. Now that's getting close to 'Shilling' (not the UK money term)

Then, a person could offer a 'Grat' to thank a person for shilling his whatever.

It's all craziness. And 'FUN' (Fomenting Usual Nattering) ;-)

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PostPosted: Tue Nov 14, 2017 12:54 pm 
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noway wrote:
Only a very small percentage of "people on the street" are capable of setting up Bitcoin and making a payment without help. Of that small percentage, only a fraction would be willing to use it when other alternatives like Credit Cards, Paypal and EMT are also available. Just stand in front of Walmart and ask entering customers if they've bought anything with Bitcoin in the last year and come back here with your numbers.


Not that long ago, people were struggling with c:\\dos/abc.exe. Now, a 5 year old is buying stuff on Amazon with his dad’s credit card. I am sure, a 5 year old would be buying toys with Bitcoins soon enough.


Last edited by HiFiholic on Tue Nov 14, 2017 2:31 pm, edited 1 time in total.

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PostPosted: Tue Nov 14, 2017 2:27 pm 
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Audio_Guy wrote:
The creators, owners and administrators of bitcoin are accountable to no one. If things go south who can you put the blame on? Where is their office?

I'll stick with Canadian and US dollars.


When there is a run on a bank such as Lehman Brothers, who do you go after?

-- 14 Nov 2017 22:28 --

Che Cavolo wrote:
HiFiholic wrote:
While the skeptics are out there knocking Bitcoins, A friend of mine is laughing all the way to the bank. He bought a few coins at $900 a year ago. It just hit $9000 a week or so ago.

He is out there shopping for a new sound system and a new house to put it in. :lol: :lol: :lol:

As a retired banker, I can tell you that the $10 bill in your wallet is not worth the paper it is printed on and it is deprecating by the minute. Just ask all the people in Toronto to go to the bank tomorrow and withdraw all our money from our banks and we’ll probably cause all the banks to collapse as they have taken OUR money and loan it to someone else. The point is that there are more money being spent than actually exist.

At least with Bitcoins, people are spending what they have in their wallets as opposed to the paper money that they don’t have.

Most people don’t realize how close we were to a collapse of the financial system world wide in 2008.

So why do people believe in a $10 bill and not a Bitcoin?



Any time I see \retired banker/, in the context of currencies, my radar goes off and I'm interested. Now, what was your role in banking? Trading room? Dealer? Deal maker?


Plain old fashion bread and butter Domestic banking.


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PostPosted: Tue Nov 14, 2017 2:55 pm 
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Is this the beginning of the 'no money' society?
You know, like in Star Trek.

I always remember my Dad saying, 'What is it again you do, they pay you for that?"


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PostPosted: Tue Nov 14, 2017 4:46 pm 
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^^ sure, bread and butter, what positions did you hold?
'bankers' have been lending depositors' money to other people at a margin, for centuries, or even milleniums. It's different now, how?

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PostPosted: Tue Nov 14, 2017 6:30 pm 
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Che Cavolo wrote:
^^ sure, bread and butter, what positions did you hold?
'bankers' have been lending depositors' money to other people at a margin, for centuries, or even milleniums. It's different now, how?


hyperpothication wasn't enough for them....

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