http://www.theverge.com/2012/7/26/3188845/google-fiber-tv
Looks like Google is getting into the television service providing game. $120/mo is waaay too high for TV IMO. Thoughts?
The free Nexus 7 is nice (but not $120 a month nice since it's $250 for the 16gb), being able to stream from Android devices is nice, but with a service like tv the only way they can oust the monopolies is to beat them on price point. I can't justify spending $120 a month on just tv when I get internet and tv for less than $100 from my local monopoly.
Take out the commercials without the use of the dvr then I might justify paying that much. Also if you are going to play reruns dont just rerun 12 different episodes
LOL Cool idea but too expensive.
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davidrules7778 said:
Take out the commercials without the use of the dvr then I might justify paying that much. Also if you are going to play reruns dont just rerun 12 different episodes
LOL Cool idea but too expensive.
Click to expand...
Click to collapse
I've never understood the idea of commercials on anything other than the free over the air channels. I already pay for the tv service, why am I being advertised to like I didn't?!
Google fiber is also a broadband networking service in Kansas city
Read theorion.uk.mn
That's cool but definitely not worth 120 a month.
WiredPirate said:
I've never understood the idea of commercials on anything other than the free over the air channels. I already pay for the tv service, why am I being advertised to like I didn't?!
Click to expand...
Click to collapse
You're paying to be able to receive the channels, you're not paying for the channel itself (that's why starz, hbo, and cinemax are extra, they don't have commercials).
Depends though.. What exact features are coming with the package? I mean it is a bit pricey, but if it offers something another service won't besides a free Nexus 7 "Win!" Than it would be worth looking into.
From my understanding it would be wise to drop DirectTV and Dish at this point because I've heard they dropped plenty of channels an average consumer watches, AMC/Comedy Central etc.
I'd be using Verizon right now if my apartment supported them :/
Have to rely on crappy charter unfortunately.
Got to admit though.. the internet sounds mind blowing, imagine playing your console online lol.. everyone would be pissed
Sent from my ADR6300 using Tapatalk 2
withbloodskies said:
Depends though.. What exact features are coming with the package? I mean it is a bit pricey, but if it offers something another service won't besides a free Nexus 7 "Win!" Than it would be worth looking into.
From my understanding it would be wise to drop DirectTV and Dish at this point because I've heard they dropped plenty of channels an average consumer watches, AMC/Comedy Central etc.
I'd be using Verizon right now if my apartment supported them :/
Have to rely on crappy charter unfortunately.
Got to admit though.. the internet sounds mind blowing, imagine playing your console online lol.. everyone would be pissed
Sent from my ADR6300 using Tapatalk 2
Click to expand...
Click to collapse
Yeah boooo DirecTV, I would have dropped them the second they took my Comedy Central.
Did you guys happen to see the download speed? At 5gbs for download and 1gbs for upload. Yeah I'm pretty sure the packages are worth it. Oh yeah and the 1024gbs of Google drive free as well?
Sent from my Inspire 4G using xda premium
http://www.androidcentral.com/googl...ation-tossing-free-nexus-7-top-tier-customers
That explains it better than Verge did.
I guess $120 could be plausible, just depends.
WiredPirate said:
http://www.androidcentral.com/googl...ation-tossing-free-nexus-7-top-tier-customers
That explains it better than Verge did.
I guess $120 could be plausible, just depends.
Click to expand...
Click to collapse
It is free internet, can't really complain? Household average, seems about correct. Charter gives me about 10-20mbps "Not really" they are ripping me off completely even after I've complained and argued.
I was suppose to be getting 30mbps, charter is not trust worthy at all.
But.. you get the Google package, wade out the two years :/ you have a nexus 7, free internet and now you can drop them for the low package (which I didn't see them mention in the article) for ever how much it is. Then get the bad ass internet.
I'm sure its more complicated than that but from a gist that's what I gathered someone would probably do.
Sent from my ADR6300 using Tapatalk 2
Nobody can troll Google like Google can.
Google and Valve are the only tech companies that really "get" humor.
withbloodskies said:
It is free internet, can't really complain? Household average, seems about correct. Charter gives me about 10-20mbps "Not really" they are ripping me off completely even after I've complained and argued.
I was suppose to be getting 30mbps, charter is not trust worthy at all.
But.. you get the Google package, wade out the two years :/ you have a nexus 7, free internet and now you can drop them for the low package (which I didn't see them mention in the article) for ever how much it is. Then get the bad ass internet.
I'm sure its more complicated than that but from a gist that's what I gathered someone would probably do.
Sent from my ADR6300 using Tapatalk 2
Click to expand...
Click to collapse
Sounds like you don't have a docsis 3 modem, I recommend the Motorola Surfboard Gigabit Docsis 3. I'm on the same as you and I always get 30+. Charters equipment sucks, and you have to lease it for a monthly fee. Just buy your own. Wifi speedtest attached.
063_XOBX said:
Google and Valve are the only tech companies that really "get" humor.
Click to expand...
Click to collapse
I love the Portal "Turret" video! Valve does have a great sense of humor.
Edit: 888 thanks, cool. Nobody press my "thanks" button anymore!
Edit2: Prototype7 you $&@! I still have a screenshot haha.
Oh I have a Motorola but clearly isn't up to standards lol
Sent from my ADR6300 using Tapatalk 2
withbloodskies said:
Oh I have a Motorola but clearly isn't up to standards lol
Click to expand...
Click to collapse
Is it a Docsis 3? That's going to be the biggest factor.
Sent from my Incredible 2 using Tapatalk 2
Related
I went and did it
I bought the new ipad
The retina-ish display was too tempting
And I kinda wish it was an android tab but the display was cool
Sent from my SPH-D710 using xda premium
i can speak for everyone on the site when i say.....we dont give a damn
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I plan on getting one at the end of the year. How you liking it so far?
Sent from my SPH-D710 using xda premium
I honestly don't see the point of owning and android phone AND an android pad... same with having an iphone and ipad
if I had an iphone, I'd look at android pads
I was looking at the new ipad too... but I can't see myself using it for anything more than I use my phone or laptop for so I don't see the point
I was thinking about the newer ipad too, but I ended up buying a $1000 laptop instead. Lol
Wizard Knight said:
I honestly don't see the point of owning and android phone AND an android pad... same with having an iphone and ipad
if I had an iphone, I'd look at android pads
I was looking at the new ipad too... but I can't see myself using it for anything more than I use my phone or laptop for so I don't see the point
Click to expand...
Click to collapse
It makes a lot of since to have have both apple or both android. You can use your purchased apps on both devices from the same company. But you can't use your ios apps on your android and your android apps on ios. You would have to buy them all over again.
That display is really something to behold. Never seen anything like it before. Would I buy one? Nope. Would I buy an Android tablet? Nope. I have 0 use for both of them at this point.
12MaNy said:
I was thinking about the newer ipad too, but I ended up buying a $1000 laptop instead. Lol
Click to expand...
Click to collapse
Better choice, as long as it was a PC.
gtuansdiamm said:
I went and did it
I bought the new ipad
The retina-ish display was too tempting
And I kinda wish it was an android tab but the display was cool
Sent from my SPH-D710 using xda premium
Click to expand...
Click to collapse
not sure if there is a jailbreak for the new ipad but i know you can make it look like an android tablet.
There's a nice little video about how "awesome" the new ipad is...
http://www.youtube.com/watch?v=5YWWQ_Hfk68
(ps, if you respond with pointing out how that video is "wrong for this and that and the other thing, and btw what about this"....
You've been trolled.)
Sent from my calculator watch.
Just don't let it burn your skin..
Sent from my iPhone killer.
Nothing wrong with that, looks like a decent machine. I am waiting out for a decent and decently priced quad core Android tablet. Sticking with one library of apps rather than investing in two. But some of the serious apps I wish to have on android might be awhile.
kbizzle said:
Better choice, as long as it was a PC.
Click to expand...
Click to collapse
We know it was a PC, no way in the world he bought a MAC for $1000
12MaNy said:
I was thinking about the newer ipad too, but I ended up buying a $1000 laptop instead. Lol
Click to expand...
Click to collapse
good choice.lol. Woulda done the same.
Sent from my SPH-D710 using xda premium
Have fun with the rest of the sheep.
And why is that high of screen resolution needed on a 10" screen?
Just like the rest of the iDrones, ooh look it is shiny, look at the pretty colors and lights, and I only have to sign my bank account, soul, and first born child over to crapple? Sign me up! Morons!
Give crapple 500+ dollars,
Get higher screen res than is actually needed,
Tablet overheats and shuts down,
Firmware fix will just slow down CPU reducing performance,
Pay crapple hundreds more dollars for apps that aren't actually worth it,
PRICELESS!
Sent from my Inspire 4G using XDA
cant bring my self to do it, now my wife and kids different story I believe apple is the devil lol but thats just me.
but i did watched the video on it seem like a kool toy
lol
I have five of these selling on Ebay right now. They are going for 700 each. I tried for one hour and I was done with it and android has so much more to do than ios 5.1.
I like super amoled better than retina display.
Sent from my SPH-D710 using Tapatalk
I'm holding out for the new transformer prime/infinity 700 series. Hopefully it is released in the next month or so.
Sent from my SPH-D710 using XDA
I unfortunately can't justify buying a tab. I want one. I bought my girlfriend the Nook Tablet and her roommate uses it more than she does. I think I'm gonna take it and put CM7 on it.
How are you planning to access internet on the street?!
What was you thinking, Google?!
Not bad like a home only device.. but not having GSM even as an option - fail big time!
good trolling attempt
I actually prefer it that way. Then again I still have unlimited data on my phone and can tether off it if I really want. But with all the wifi hot spots nowadays I don't see it as a huge problem
Sent from my SGH-I777 using xda premium
Their thinking is you can use your Galaxy Nexus or pretty much any decent android mobile and the great functionality that is Wifi tethering.
I'd have liked 3G version as well since I want to use it out and about. Lucky as long as you have an android device, you can easily create a WiFi hotspot.
How I felt when I saw this post.
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Well I would just use my phone and connect it to is Wifi connection with the tablet.
P1 Wookie said:
I actually prefer it that way. Then again I still have unlimited data on my phone and can tether off it if I really want. But with all the wifi hot spots nowadays I don't see it as a huge problem
Sent from my SGH-I777 using xda premium
Click to expand...
Click to collapse
Well.. I was expecting somebody to offer tethering. It will work. But most of us have big screen devices like GNex etc. So if I will take my GNex from the pocket.. I will use it rather than will turn on the Tethering.
Hot spots are OK. But... well... It is not as available as GSM (and in some cases costs more than GSM; at least in Lithuania).
I have iPad with 3G. Maybe that's the reason I can't imagine tablet without GSM anymore
Some people expect too much from a $200 tablet. I feel we are already getting waaaaay more than we're paying for so people need to just shut up and be happy.
Sent from my HTC One X using xda premium
expertzero1 said:
good trolling attempt
Click to expand...
Click to collapse
No trolling at all!
I just was surprisingly mad when I made myself to read the Nexus 7 specs
_MetalHead_ said:
Some people expect too much from a $200 tablet. I feel we are already getting waaaaay more than we're paying for so people need to just shut up and be happy.
Sent from my HTC One X using xda premium
Click to expand...
Click to collapse
Yea, definitely specially when you look at the break down of the device and what they are really making from it, close to nothing.
So long as you have a data plan on your phone, and this also includes tethering, then you could just tether it to your phone for access to the internet on the go. But, frankly, a tablet in my opinion is designed to be a home device that only leaves home when on extremely long trips. On a day to day basis, smart phones suffice.
We are getting a few trolling topics whose only intent seems to be to discourage people from buying what appears to be an excellent tablet.
It is easy to spot them by the titles. "Anyone else disappointed" is a good candidate.
It would be nice to give them their own forum, maybe titled "You gotta be kidding".
It's not rocket science, don't like it - don't buy it.
Sent from my HTC One X using Tapatalk 2
bat0nas said:
How are you planning to access internet on the street?!
What was you thinking, Google?!
Not bad like a home only device.. but not having GSM even as an option - fail big time!
Click to expand...
Click to collapse
Look at MOST POPULAR 7" tablets: Kindle Fire, Galaxy Tab, etc. None have GSM chip and yet they are selling like hot cakes...
I have Clear 4G with unlimited Internet for $25 / month. Backup is my Note via tethering.
Doesn't bother me, I would choose the wifi over 3g anyway. Whats the point in paying for a second data plan when I can tether.
I imagine 3g/4g versions will be available later if there is enough interest from mobile networks wanting to offer it.
Sent from my Transformer TF101 using Tapatalk 2
Doesnt bother me from purchasing it. The only thing that I am upset about is not having USB OTG and MHL connecting out of the box. But that is something I can live with.
But with a 200 dollar tablet you really cant complain about a lot of things.
3/4G Model Not That Necessary These Days
Even if Google had offered a 3/4G model, I still would have bought the wifi version.
Why would I want to pay an additional $10 a month to add a tablet to my plan when I get free tethering / wifi hotspot?
I always carry my phone, whether I'm carrying the tablet or not. If I absolutely have to have a data connection on the tablet, no problem.
I've been practicing Bluetooth tethering with my galaxy tab 7 and my galaxy s showcase, in anticipation of my nexus, it will be little more inconvenient, but i don't think I'll miss 3g at all
Sent from my SCH-I800 using Tapatalk 2
bat0nas said:
How are you planning to access internet on the street?!
What was you thinking, Google?!
Not bad like a home only device.. but not having GSM even as an option - fail big time!
Click to expand...
Click to collapse
How is there always someone who just has to complain about something. Im guessing you do not have the device seeing as how not having cell coveragei is such a big deal and so important to you. I said in a different thread and I swill say it here as well; I do have the Nexus 7 and it has taken all of my expectations and blownb them out the windows. This thing is as solid feeling as an IPAD but ten times more awesome, runs smooth as butter 24/7, and plays Tegra 3 games better and more clear than any other device I have seen, Hands down. FOR $200 bucks..?? I use my Galaxy Nexus as a hotspot and keep it on all day. When im in the car im charging the Galaxy onlky cause the nexus 7 has awesome battery. This topic is almost as bad as the one a few lines up that says "Disappointed in CPU perfomance" or something to that nature.. That's a ridiculous untruth or a faulty device.,
Google Fiber
If you get internet plus TV for $120 per month, you get a free N7 for the remote. With a 2 year contract.
Only catch seems to be moving to Kansas City.
And according to this article, the general public got the N7 a week after the I/O. Someone didn't really check his facts.
At any rate, I hope google fiber works out in KC.
I'm in KC.. and I sure wish the coverage maps were looking a bit better. Or I hope they plan to expand. I currently know no one that lives in the covered area.
Imagine being a mile or two from where the cutoff is currently. If I never get it because of that 2 miles. ugh
I will move but I won't be happy about it. lol
Essentially the plan is TV and Internet, for 120 a month. If you sign a 2 year agreement they waive the 300 install fee.
Your remote control is a Nexus 7 tablet. You can watch on 8 different tv's. 500hour dvr, and 1tb cloud storage.
This is going to put Comcast and Time Warner along with all the others when it goes to other cities out of business. I'm all for it.
regalpimpin said:
I'm in KC.. and I sure wish the coverage maps were looking a bit better. Or I hope they plan to expand. I currently know no one that lives in the covered area.
Imagine being a mile or two from where the cutoff is currently. If I never get it because of that 2 miles. ugh
I will move but I won't be happy about it. lol
Essentially the plan is TV and Internet, for 120 a month. If you sign a 2 year agreement they waive the 300 install fee.
Your remote control is a Nexus 7 tablet. You can watch on 8 different tv's. 500hour dvr, and 1tb cloud storage.
This is going to put Comcast and Time Warner along with all the others when it goes to other cities out of business. I'm all for it.
Click to expand...
Click to collapse
f**k.
not coming into Canada fast enough.
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I need to move to Kansas City, that would be neat to have.
I wish this were in Chicago, I'd be all over it lol
Bring it on down to Dallas, someplace that's actually a tech town (or used to be)! -Ara
The other thing that I think is cool about this is, think of all those households that are iPad and iphone only. Simply because they don't know any better. They're all going to have an android tablet now. The more they use it, surely the more they'll like it.
This could be huge as far as the android vs. ios battle goes.
djkinetic said:
I wish this were in Chicago, I'd be all over it lol
Click to expand...
Click to collapse
+1
adamhlj said:
Google Fiber
If you get internet plus TV for $120 per month, you get a free N7 for the remote. With a 2 year contract.
Only catch seems to be moving to Kansas City.
And according to this article, the general public got the N7 a week after the I/O. Someone didn't really check his facts.
At any rate, I hope google fiber works out in KC.
Click to expand...
Click to collapse
Do you live in Kansas city, cause I hate you if you do, just so you know
R3dbeaver said:
f**k.
not coming into Canada fast enough.
Click to expand...
Click to collapse
You can probably count on this as never coming to Canada as long as the CRTC (err.. Bell) is still around.
R3dbeaver said:
f**k.
not coming into Canada fast enough.
Click to expand...
Click to collapse
Google Fiber will never come to Canada. If Google tries Rogers, Bell, Telus, Shaw would go running to the CRTC and block it. Just look how much trouble Wind had when it opened up in Canada, I know its a different industry but its pretty much governed the same way. :crying:
St1ck33 said:
You can probably count on this as never coming to Canada as long as the CRTC (err.. Bell) is still around.
Click to expand...
Click to collapse
I sure hope it comes closer to us. I'm in London, you're in Toronto.. we're close enough. whats a few hundred extra miles of fiber? Nobody will be the wiser.
Hopefully this comes to California soon!
Sent from my Galaxy Nexus using Tapatalk 2
Can't wait please come to NY... Google is the best....
Sent from my SAMSUNG-SGH-I717 using xda premium
Call me crazy, but I would take the 7 year free internet (for the one-time $300 installation fee). Save $5580 over 7 years, buy Nexus 7 on your own.
Or maybe the 1Gbps would be too tempting, idk.
I ... need ... this.
charlesky said:
Click to expand...
Click to collapse
That's absolutely awesome.
---------- Post added at 02:24 AM ---------- Previous post was at 02:15 AM ----------
thebobp said:
Call me crazy, but I would take the 7 year free internet (for the one-time $300 installation fee). Save $5580 over 7 years, buy Nexus 7 on your own.
Or maybe the 1Gbps would be too tempting, idk.
Click to expand...
Click to collapse
The internet here is 512Kbps, 1Gbps would be more than tempting.
Live in kc. I've only heard good things about fiber
Sent from my PG86100 using xda app-developers app
Anything that will get Comcast and centurylink out of business, I will support. I pay $70/month for ****ing 10Mbit down
Sent from my Nexus 7 using Tapatalk 2
I see that there are still a bunch of black and white TV's being used.
But the weirdest part of this article is that you guys have to license and pay a yearly tax for your TV's??????
http://www.bbc.co.uk/news/technology-20957218
Whaaa?
What is wrong with them?
Sent from my Kindle Fire using xda premium
Uh, everyone in Europe pays view-and-listening tax....
ShadowLea said:
Uh, everyone in Europe pays view-and-listening tax....
Click to expand...
Click to collapse
Doesn't mean it makes sense. Paying a license on a tv you own?
And they wonder why we wanted to be free from them.
StormMcCloud said:
And they wonder why we wanted to be free from them.
Click to expand...
Click to collapse
Who's "we"?
Sent from my SAMSUNG-SGH-T989 using xda app-developers app
063_XOBX said:
Doesn't mean it makes sense. Paying a license on a tv you own?
Click to expand...
Click to collapse
No, it doesn't. It's a remnant from the days where TV's were still new and unknown. When the governments still funded the only channels.
However, most of that licence income goes to the funding for the channels. Which in turn pays for the shows they create.
Isn't Europe in the middle ages or something like that?
The License fee, currently £145.50 per year, pays for the BBC television and radio channels which have no income from commercials. They also produce regional programmes, both radio and televison. The BBC is supposedly "independant" from the state but there is still a fair amount of interferance if you'll excuse the pun.
All other channels are run commercially funded by advertising.
There is an enforcement regime mainly based on a database of some 30 odd million properties, they assume all houses have a TV, you have to declare that you do not. Fines for not having a license can go up to £1,000.
http://www.tvlicensing.co.uk/check-if-you-need-one/topics/detection-and-penalties-top5/
A license is per household and covers all devices. It is still required for devices capable of watching or recording live TV even if you don't have a TV! This could mean your phone if it can be used to watch or record live TV, but not if you watch the program via their catch up service. Then it all starts to get a little blurred.
The page above claims they have hand held detection equipment, and detector vans to detect operating equipment.
Do they actually work or are they a complete bluff? The jury is still out.
Fines and convictions appear to have been the accused actually admitting their own guilt, when the enforcement officers came banging on the door.
This topic can run and run...............
*********************************************
Enforcement Officer: "Excuse me Sir, could I see your TV license?"
Householder: "Certainly, here it is."
Enforcement Officer: "But Sir, this license is ten years out of date!"
Householder: "So are the bloody programmes!"
veeman said:
Isn't Europe in the middle ages or something like that?
Click to expand...
Click to collapse
1606. The sun never sets on the British Empire.
Sent from my Kindle Fire using xda premium
As has already been stated, the license fee funds the BBC.
It's worth every penny not to get advert infested TV programs on the channels that the BBC run. The advertising on all of the other channels is intrusive in my opinion.
I've been to the USA and tried watching TV there. It's a dead loss as there is even more advertising than on the commercial channels in the UK. Rather than programming interrupted by by advertising it is more like advertising interrupted by programming! I found it very frustrating.
And don't get me started on $ky TV. You pay a subscription AND advertising pushed on you! No thanks!!!
Look yanks, we pay that bloody license fee so you lot can watch Dr Who. I'm damn sure nobody over here watches that crap....
Sent From My Fingers To Your Face.....
conantroutman said:
Look yanks, we pay that bloody license fee so you lot can watch Dr Who. I'm damn sure nobody over here watches that crap....
Sent From My Fingers To Your Face.....
Click to expand...
Click to collapse
What is Dr.Who?
Sent from my HTC Wildfire S A510e using Tapatalk 2
conantroutman said:
....I'm damn sure nobody over here watches that crap....
Click to expand...
Click to collapse
I do
StormMcCloud said:
And they wonder why we wanted to be free from them.
Click to expand...
Click to collapse
odetoandroid said:
Who's "we"?
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Click to expand...
Click to collapse
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RAZRi_Man said:
I do
Click to expand...
Click to collapse
My deepest condolences.
Are you forced to or is there just something very wrong with you?
Sent From My Fingers To Your Face.....
m1l4droid said:
I wonder why so many people like it. I have tried to get myself to watch it (BBC Persian airs it), but every episode I watch just makes me wanna claw my eyes out.
Sent from my Acer A500 running CM10 powered by Thor kernel
Click to expand...
Click to collapse
I hate that show.
The truth! I'm really a girl!
Doctor Who may be a bit cheesy on occasion, but i'd pay the license twice with a bloody bow attached on top if it meant we'd finally get Sherlock season 3!
Send from my Samsung Galaxy S3 using Tapatalk 2
ShadowLea said:
Doctor Who may be a bit cheesy on occasion, but i'd pay the license twice with a bloody bow attached on top if it meant we'd finally get Sherlock season 3!
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My wife has been watching that on Netflix...seems decent.
-Older than I look, younger than I feel.-
I turned on Dr. Who for a few minutes and had no idea what I was watching. On the other hand, we have to thank the brits for Top Gear on BBC America
Bitcoin is a digital currency more and more people use. Also you?
Not safe.
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symwpapps said:
sounds like a bubble.
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^^^^^^
Sounds like ten post spamming.
Sent from the phalanges of my hand to the facet of your cranium.
Judging by the lasted news, it's just another "soap bubble"
Up until last week I hadn't even heard of it. Now I certainly will not use it...
never heard about it.....
NO! Reason: As I could observe, again and again hacks and other problems. A rather obscure thing.
As I have read in the past:
Market place Bitomat had to place themselves to the sale, because they had lost the access to 17.000 Bitcoins.
MyBitcoin had give up after a hacker attack, whereby more than 78,000 Bitcoins disappeared.
In 2012 had to stop the market place Bitfloor temporarily the activities, because by a hacker attack 24,000 Bitcoins were stolen.
And so forth ...
Ahhhh the "silk roads" favorite currency
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Too much of a hassle. Plus anything I would buy with them I can probably find IRL.
I used to. Sold it on Tuesday when it was $170. Got $1700. Do the Math.
The reason I sold it is simple. I may sound like a Hipster but now Bitcoin has become huge and mainstream and that my local news channels talk about it, people would start to try it and the price would crash. Upon this prediction, I sold the coins. And like I predicted, the stock crashed and the people on reddit all got paranoid. Job Well Done.
Nope, never have and I hope I'll never have to. My friend used to, but gave up because of how ridiculous the whole process was.
Im bitcoin mining! Hoping to strike it rich!
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Yes I use cryptocurrencies (BTC LTC NMC etc..)
First, anyone saying Bitcoin has been compromised is flat out wrong, and either mis-, or (more likely) under informed.
Saying Bitcoin has been hacked is the equivalent to saying "I use an MS operating system and visited a shady website, and subsequently became infected with malware in the form of a key-logger. The owner of the malware then used the logger to gain access to my bank account. Clearly my bank has been compromised."
What has not happened is bitcoin being compromised. What has happened are DDoS attacks and computers that hold bitcoin wallets being compromised. This is mitigatable by simply storing your wallet on a USB stick or some other off-line medium, you cannot hack what is not plugged in.
Bitcoin uses SHA-256 encryption that, has not been compromised, and even if it were 512 or 1024 etc.. could be easily implemented, which are orders of magnitude harder to decrypt. Bitcoin did not invent the security it simply implemented it in a new an unusual way. If security is an issue take a look at LiteCoin, it's security is impressive to say the least.
Second, my grandmother (God rest her soul) never used email, but she did write letters. Bitcoin may not be the end all solution, but it's the beginning of what will be to currency as email was to letters and the web is to newspapers. Did you use BBS before the internet took off? I did. It wasn't the best solution, just the best one we had at the time. Bitcoin is an experiment read the whitepaper released by Satoshi Nakamoto.
Yes, the market is volitle, and rightfully so it is new, and the attacks against it are a good thing, as they are strengthening it. You wouldn't want a lock that had never been tested.
I've used it to buy all manner of things, (food, clothes, TV, computers) and I mined most of the coins I currently hold.
I'm not saying use it, but if your going to knock it, at least know what your talking about. I'm someone that likes to use bleeding edge tech, and am aware I may be burned by doing so. This one technology has allowed me to enjoy other tech devices, as I could not afford them without the profit I've made mining.
I do wish it was implemented on these forums, as I would tip posts and use it to make purchases on this site. Yes you do have PayPal, and I've got a rotary phone but I'm not going to use that anymore either.
Funny reading this thread of all the losers who put down bitcoin because they know nothing about it. I am making a fortune off it! These posters might want to open their eyes and look again.
http://bitcoinwisdom.com/markets/mtgox/btcusd
http://www.bitcoincharts.com/charts/mtgoxUSD#rg90zczsg2013-07-26zeg2013-10-24ztgMzm1g10zm2g25zvzlzp
Its now at $220. Has risen 130% over the last three months!
LMAO all the way to the bank........
jwoegerbauer said:
Bitcoin is a digital currency more and more people use. Also you?
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I mine Bitcoins and use them to buy Lindens. I use an old Acer laptop that uses very little power, running Mint. This is not a real good way to make money. I do it mostly for fun.
Bitcoin is now trading at $320. Has anyone else taken a second look? I really believe these are about to go ballistic because now the entire world is starting to catch on. Right now, China is buying up about twice as many as the US. As more countries adopt the bitcoin as a true value currency you are going to see exponential growth. Curious to hear other people opinions.
ak700 said:
I used to. Sold it on Tuesday when it was $170. Got $1700. Do the Math.
The reason I sold it is simple. I may sound like a Hipster but now Bitcoin has become huge and mainstream and that my local news channels talk about it, people would start to try it and the price would crash. Upon this prediction, I sold the coins. And like I predicted, the stock crashed and the people on reddit all got paranoid. Job Well Done.
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The Great Bitpression?
Anyhow, Bitcoin prices are back up in the $3XX range.
singlebyte said:
Bitcoin is now trading at $320. Has anyone else taken a second look? I really believe these are about to go ballistic because now the entire world is starting to catch on. Right now, China is buying up about twice as many as the US. As more countries adopt the bitcoin as a true value currency you are going to see exponential growth. Curious to hear other people opinions.
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Sitting back enjoying the show, and taking bets when the bubble will burst.
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LoopDoGG79 said:
Sitting back enjoying the show, and taking bets when the bubble will burst.
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And while your sitting back.....I am making a fortune. Btw, did I tell you it's up another $15 in the last few hours.
Check back with me in January.
Just letting everyone know we just topped $600 per bitcoin! Awesome today.