Dude made $886k...off of $26 in bitcoins

L&HH

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MAN WTF IS THIS BIT COIN shyt :wtf: :what: I don't understand it. Is it even real money!? :why:

Didn't the Feds just do a raid or some shyt :mindblown:

Someone break down for a nikka :sadbron:

The feds didn't raid bitcoin, they raided Silk Road. In fact they can't raid "bitcoin" because that's the entire purpose of bitcoin, it's a decentralized currency

http://www.thecoli.com/threads/feds-shut-down-the-silk-road-legendary-deep-web-drugstore.152208/

http://www.forbes.com/sites/andygre...n-booms-and-busts-wont-kill-his-black-market/
 

RC-P90

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:patrice:
5000 bitcoins = 26bux in 2009
5000 bitcoins = 886,000bux in 2013
:patrice:
 
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Could've said the same thing about Google 10 years ago. Nobody could have ever predicted that a search engine would start selling phones and tvs.

Not true.

If you said the same thing about Google, then you didn't understand how they make money. Phones and tv's is shyt they do cuz they make crazy money from their real money maker
 

L&HH

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Soooooooo how do I mine for bitcoins

It's too late now, don't even waste your time. This gravy train is pretty much over. There's an exponentially less number of bitcoins produced each day. At this point it would take over 5 years for you to break even if you want to go the mining route. @illadope posted some online cloud mining shyt and you could possibly look into that but that isn't going to make you rich.
 

Malik

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Not true.

If you said the same thing about Google, then you didn't understand how they make money. Phones and tv's is shyt they do cuz they make crazy money from their real money maker

Bullsh*t. In high school, which was less than 7 years ago for me, Google was just some place my english teacher told me to go to to search for stuff. Nobody knew in 2013, they'd be dominating the smart phone market or selling electronics or that they'd have their own browser and OS. Smartphones weren't even around then I don't think.

Here's some numbers

Google IPO'd in 2004. It's revenue for that year (2004) was $3.189 Billion
Faceook IPO'd in 2012. It's revenue for that year (2012) was $5.1 Billion

Looks familiar huh?

Give Facebook some time.
 

L&HH

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:to: i had more than that. had at lease 40 + of it but its unrecoverable. Its been maybe 6 years..i don't even remember which email.
:mindblown:
Hold on, what you mean it's unrevocerable? As in you don't remember the email you used to signup for an exchange service? Im sure there are ways to figure this out..

And by 40 plus, you mean just 40 or 40k+???
 
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