I don’t, but as a professional computer nerd with an interest in cryptography I like to follow the news about the whole Bitcoin ecosystem.
Don’t own any. And I don’t plan on ever doing so, except maybe for entertainment/novelty value. Their value fluctuates too much to be useful as a currency, and too randomly to be useful as an investment vehicle.
I mined a few a couple years ago, but lost them when I reformatted my computer and forgot to backup my wallet! Oops! At their high point, they would have been worth about 800 dollars.
I have like 1/10th of a bitcoin in a slush mining account that can be delivered to any wallet I want in the future. Maybe sometime in the future, 1/10th of a bit coin will be like a billion dollars, so I’ll just leave it in there. If it doesn’t, oh well. It was a silly fad that I quickly realized was stupid a few weeks after starting my mining.
As a bit of a crypto nerd myself, I find Bitcoin (and other cryptocurrencies) interesting, but I don’t own any and don’t plan on it either.
Not being a fool, or at least not a gullible fool, I have no plans ever to own any bitcoins.
I’ve never had a problem using the currency of whatever country I’m in. So, not interested.
I mined a couple over the course of a few days when I first heard about them. The difficulty was low, the price was far higher than the corresponding work to mine them so I left my computer on and mined a couple. Then the price dropped and difficulty spiked and it wasn’t worth the wasted energy. I sold them as soon as I got them, but left the money on Mt.Gox, as the forty bucks wasn’t worth giving shady idiots my banking info. Bought an Amazon gift card with them later, before Mt. Gox went belly up.
Have been avidly following them ever since, but purely for the schadenfreude of watching Internet libertarians learn about regulation and banking the hard way.
~98% firmly in the “no” category so far. This might be the most one-sided poll in Doper history.
I signed up for a Bitcoin banking service that gave me $1 in BC to link it to my (fake) Facebook account. So I own 0.0064 bitcoins. As of the other day, it was actually worth $1.01 so I’m livin’ pretty large.
I’ve been part of cryptocurrency since the start and was fortunate to have mined a rather large number of Bitcoins near inception and continue mining altcoins on a fairly wide scale. This is absolutely the future of money, i’m in it for the long haul.
Where is the “Fuck No!” poll option?
Many years ago, back before there was a polling function, we had a thread asking who was a better character: Bugs Bunny or Mickey Mouse?
Literally everyone picked Bugs Bunny. I posted at the time it was the only issue we had ever achieved unanimous agreement on.
The "yes’ answers all seem to assume the reason to have some is for investment. I have a little bit, but it’s not for investment.
Could someone explain the “difficulty” thing with the mining. Is it difficult for the person or the computer?
The poll doesn’t distinguish between “no because what’s a bitcoin?” and “no because I’ve made an informed decision”.
Difficulty makes the coin harder to mine by requiring more effort to accomplish the same mining result. Most coins increase difficulty over time, and also periodically increase it to discourage groups from cycling between coins just to mine and sell.
Difficulty impacts the computer or miner you’ve set to mine. Once you set your device to mine, no input from the user is necessary.