ferroh

3 ms·

1. 1.▲
   by ferroh 14y ago

   If ASICs are shipped in the next couple of months, then very soon GPU mining will do as little as CPU mining does today.
2. 2.▲
   by ferroh 14y ago

   Oh please, and then they charge you 3.0% when you do a trade on your first 100 bitcoins. So if you buy $5 worth of bitcoins, it costs you 61.2% in fees. If you buy $50 worth of bitcoins, it costs you 9% in fees. If you buy $100 worth of bit
3. 3.▲
   by ferroh 14y ago

   Regarding your second sentence: Are you suggesting that bitcoins are struggling because people will not want to spend something that increases in value? So bitcoins aren't purchased because they will increase in value too much? That is the
4. 4.▲
   by ferroh 14y ago

   He meant the inflation of the _money supply_, not the inflation of the price of goods. He is actually suggesting the opposite about the price of goods -- that they will deflate. You absolutely can make the statement that the money supply of