Author Topic: BitCoin Master Thread  (Read 13316 times)

Offline sky121

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Re: Whats the story with BitCoins ?
« Reply #45 on: October 30, 2013, 05:03:35 PM »
I heard that today in Canada the first BitCoin Atm opened

Saw that. So interesting. And they're planning more.
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Offline shmu

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Re: Whats the story with BitCoins ?
« Reply #46 on: October 30, 2013, 05:40:35 PM »
isn't it a digital currency?
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Offline how

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Re: Whats the story with BitCoins ?
« Reply #47 on: October 30, 2013, 05:41:16 PM »
isn't it a digital currency?
it is

Online henche

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Re: Whats the story with BitCoins ?
« Reply #48 on: November 27, 2013, 11:51:02 AM »
Anyone know how to buy bitcoin? I think it's gonna bust but the most you can lose is 100% and you can gain a lot. I think it has a good shot at shooting up again, esp if Eric Posner is correct about it.

So I giyf, but I don't trust any of the info I'm seeing, especially since all of it says not to trust anyone else. Any ddf'ers sell bitcoin? I'll buy a bit.

Offline jaywhy

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Re: Whats the story with BitCoins ?
« Reply #49 on: November 28, 2013, 04:54:39 PM »
Anyone know how to buy bitcoin? I think it's gonna bust but the most you can lose is 100% and you can gain a lot. I think it has a good shot at shooting up again, esp if Eric Posner is correct about it.

So I giyf, but I don't trust any of the info I'm seeing, especially since all of it says not to trust anyone else. Any ddf'ers sell bitcoin? I'll buy a bit.
Now is probably a bad time to buy. It will correct eventually.

Offline Vosizderneias

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Re: Whats the story with BitCoins ?
« Reply #50 on: November 30, 2013, 04:40:30 PM »
bitcoins, unlike the dollar and all other currencies, lack a central power to control the currency. if the federal reserve wanted, they can re-print some $$ and inflate the currency thereby controlling the dollar. however, bitcoins are truly special in that corruption or random powers cannot affect it.
it is true that bitcoins were stolen and its more complicated than what were all used to, but give it time and i believe it will be the standard worldly currency. welcome to our new globalized world!
sorry if this was a rant 8)

Offline Planet

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Re: Whats the story with BitCoins ?
« Reply #51 on: November 30, 2013, 11:30:24 PM »
Anyone know how to buy bitcoin? I think it's gonna bust but the most you can lose is 100% and you can gain a lot. I think it has a good shot at shooting up again, esp if Eric Posner is correct about it.

So I giyf, but I don't trust any of the info I'm seeing, especially since all of it says not to trust anyone else. Any ddf'ers sell bitcoin? I'll buy a bit.

The simplest would be to buy on coinbase.com, and then you can transfer it to your own "wallet", or to a trade like MtGox/btc-c/BitStamp to trade and have fun.

Offline Bailbino

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Re: Whats the story with BitCoins ?
« Reply #52 on: November 30, 2013, 11:32:04 PM »
Look up the man who created bitcoins than you will know it's all a Ponzi scheme
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Offline Bailbino

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Re: Whats the story with BitCoins ?
« Reply #53 on: November 30, 2013, 11:35:46 PM »
Satoshi Nakamoto
You pants look like pajamas ~ Mr Ming

Online churnbabychurn

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Re: Whats the story with BitCoins ?
« Reply #54 on: November 30, 2013, 11:36:25 PM »
Look up the man who created bitcoins than you will know it's all a Ponzi scheme
he's anonymous!

Online henche

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Re: Whats the story with BitCoins ?
« Reply #55 on: November 30, 2013, 11:41:42 PM »
bitcoins, unlike the dollar and all other currencies, lack a central power to control the currency. if the federal reserve wanted, they can re-print some $$ and inflate the currency thereby controlling the dollar. however, bitcoins are truly special in that corruption or random powers cannot affect it.
it is true that bitcoins were stolen and its more complicated than what were all used to, but give it time and i believe it will be the standard worldly currency. welcome to our new globalized world!
sorry if this was a rant 8)

Of course it will never be the world currency.

Because why should it be bitcoin? Why not shmitcoin? Why not bytecoin? What gives value to the computer code made by this anonymous 16  year old in ukraine any more than the computer code made by a 32 year old in his mother's basement in chicago? Why would everyone agree to accord value to them when they are based on nothing?

Online churnbabychurn

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Re: Whats the story with BitCoins ?
« Reply #56 on: December 01, 2013, 12:09:11 AM »
Of course it will never be the world currency.

Because why should it be bitcoin? Why not shmitcoin? Why not bytecoin? What gives value to the computer code made by this anonymous 16  year old in ukraine any more than the computer code made by a 32 year old in his mother's basement in chicago? Why would everyone agree to accord value to them when they are based on nothing?
same reason why the accord value to the almighty paper dollar, also backed by nothing but at the mercy of the feds..
See what happened in cypress a few months ago when their gov ran out of cash. .. (They tried to steal bank deposits)

Offline DovtheBear

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Re: Whats the story with BitCoins ?
« Reply #57 on: December 01, 2013, 12:23:20 AM »
Of course it will never be the world currency.

Because why should it be bitcoin? Why not shmitcoin? Why not bytecoin? What gives value to the computer code made by this anonymous 16  year old in ukraine any more than the computer code made by a 32 year old in his mother's basement in chicago? Why would everyone agree to accord value to them when they are based on nothing?
You also starting a new currency?
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Online henche

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Re: Whats the story with BitCoins ?
« Reply #58 on: December 03, 2013, 10:49:39 AM »
same reason why the accord value to the almighty paper dollar, also backed by nothing but at the mercy of the feds..
See what happened in cypress a few months ago when their gov ran out of cash. .. (They tried to steal bank deposits)

Actually, that proves my point. The dollar is as valuable as the confidence we have in the US Government that it will stay around.

Offline Vosizderneias

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Re: Whats the story with BitCoins ?
« Reply #59 on: December 03, 2013, 01:23:14 PM »
So the ppl that believe in the concept of a bitcoin (ME:)) also lack any belief in a silly system such as the US govt and the federal reserve who, just by the way, owe china a sh$t load of money, and are in a tremendous amount of debt.