i just bought 100 dollars in bit coin stuff, now what?

[SickleSigh]

palou said:

SvennoJ said:

It's also fucked when bit coin mining is no longer profitable as a cottage industry. The supply slowly dries out and it gets harder to add blocks. There must be some kind of minimum bitcoin value that also slowly goes at which it is porfitable to keep the system going. The system is designed to self destruct at some point :/

It assumes either endlessly, consistently increasing participation (lol) or endlessly, consistently improving hardware (more likely what they were going for, but I can't really see that happening either.)

Grats on describing supply and demand. Why would you generate more of a currency for no reason? Oh that's right the Fed injects stimulus in their pockets because we need more inflation. Why are people okay with a tiny elite controlling all wealth yet the "illuminati" is scary. Bernanke was great at giving kickbacks through QE and socialized all their debt. But the DOW is equivalent to everyones well being apparently. Market has never been higher, so why are so many still poor after 08?