If ASICs are shipped in the next couple of months, then very soon GPU mining will do as little as CPU mining does today.
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…
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…
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…
If ASICs are shipped in the next couple of months, then very soon GPU mining will do as little as CPU mining does today.
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…
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…
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…