We will only have a finite amount of bitcoins about 200 million I think. So at some point you will no longer be able to get bitcoins for free.

AIR the design is structurally limited to about 21 million units. The Mining algorithms were simply a method of growing the supply at a limited rate that did/does require time and effort (not free really). Anyways, though technically fascinating the mechanism for the creation of the supply is not the point. Use of the coins as money is the point. Secondarily, the whole system is a test of methods to completely bypass mainstream financial institutions and support non-compliant markets in a robust manor.

I have had it running for like 3 days and don't have one it is stuck at 133758 blocks WTF?

Do you have generate Coins selected in the settings menu? How many hashes per second are yo processing?


Nevertheless, like I've said a bunch of times. It's not free or easy! You may run for weeks and weeks before you pick up any. It's an emulation of prospecting for gold. You might get lucky and pick up a bunch in a hurry, it could be months. The point of this algorithm is to give a distributed constrained release of units into the market. If you want a guaranteed way to get some, offer your service as an electrician, or maybe some ammo :pot_stir:. Then with your EARNED money you can buy some LSD and put it in Sean's diet coke the next time you see him. Something fun like that.

You can always join a mining pool and split the bit coins

Perfect, exactly my point, it's already better than the crap we use :lmfao:

We shall overcome.

Not only can you have LSD shipped to you using Bitcoins, now you can reserve rooms at a major hotel.

http://hojomaingate.com/blog/now-acc...for-your-stay/

I don't know if you've been following BTC valuation but it has exploded recently. They're at about $80/BTC. Even some banks have started getting involved and the treasury has got their panties in a tight little wad over it being unregulated. Yeah. Suck a bag dicks fucktards.

They might be able to regulated transactions in/out across exchanges, but they can't touch direct (P2P) usage. They're powerless.

Make that $91.25. Market cap is now past $1 billion. I remember when these were just a couple bucks. Hell a year ago they were like $10. Now, I didn't buy in, kind of wish I did!

The rate of adoption is pretty rapid. Remember, while government can intervene to constrain exchanges, it can't do a damn thing to curtail P2P/direct usage of BTC. If BTC is broadly adopted, the need for exchanging to other currencies like USD falls dramatically.

http://www.businessweek.com/articles...to-main-street