> On Thu, Apr 18, 2013 at 01:14:44PM -0500, Greg London wrote: >> So, I do some math, I find some number, and everyone >> calls that a "coin"? These "coins" would be, in my >> estimation, be worth less than a penny per "coin". > > You can trade 1 Bitcoin for $96 USD right now on Mt. Gox.
I haven't been able to find somethign the describes the algorithm needed to generate a new "coin", but if it takes significantly less time/energy to generate a coin than the $100 they trade for, then I don't understand how this is anything other than a bubble. _______________________________________________ Hardwarehacking mailing list [email protected] http://lists.blu.org/mailman/listinfo/hardwarehacking
