12-10-2013, 09:52 AM
...elusive dreamer
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Join Date: Apr 2009
Location: USA
Posts: 5,965
BITCOIN Digital Currency Boom - Are You Using It?
The Bitcoin is a fairly new digital currency that is being used in America, China, India, Australia, UK, and other countries. It makes transactions with other countries easier, regardless of differences in currencies. This system also eliminates delays, holds, extra charges, etc. usually found when using credit cards, paypal, etc. Another plus is that there's no sticky fingers, or noses of the government being poked in for control and profits.
https://www.latimes.com/business/la-f...#axzz2n5wbrJ5G
12-10-2013, 01:55 PM
Lecturer
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Join Date: Jul 2008
Location: Out of sight
Posts: 1,487
Here's a story to bring tears to your eyes, �4million in bitcoins stored in a spare computor hard drive was thrown out in a clearout and is buried somewhere in a tip with the owner frantically trying to find it for the last 2 weeks.
https://www.telegraph.co.uk/finance/p...fill-site.html
12-10-2013, 06:47 PM
...elusive dreamer
�
Join Date: Apr 2009
Location: USA
Posts: 5,965
Wow!
01-10-2014, 03:22 PM
In seaerch of spicy food
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Join Date: Aug 2009
Posts: 4,040
I do not trust bitcoins, too volatile.
01-10-2014, 04:42 PM
...elusive dreamer
�
Join Date: Apr 2009
Location: USA
Posts: 5,965
Last I heard they were worth $1,000 each.
01-10-2014, 04:54 PM
In seaerch of spicy food
�
Join Date: Aug 2009
Posts: 4,040
Quote:
Originally Posted by
kind2creatures
Last I heard they were worth $1,000 each.
They fluctuate like crazy and China recently made bitcoin transactions illegal.
01-15-2014, 10:30 PM
...elusive dreamer
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Join Date: Apr 2009
Location: USA
Posts: 5,965
02-11-2014, 03:43 PM
In seaerch of spicy food
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Join Date: Aug 2009
Posts: 4,040
Just collapsed this week
02-12-2014, 04:32 PM
In seaerch of spicy food
�
Join Date: Aug 2009
Posts: 4,040
Quote:
Originally Posted by
kind2creatures
Too many of the conspiracy gurus I listen to say bitcoin is a bad move
10-14-2014, 06:40 AM
Observer
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Join Date: Sep 2014
Location: UK
Posts: 4
Bitcoin just ended-up being an investment vehicle for speculators.
I think something will come along in terms of an independent online currency, but Bitcoin at this point just isn't trusted.
12-01-2014, 06:19 AM
Guide
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Join Date: Oct 2012
Location: Chicago Area
Posts: 337
I'm skipping Bitcoin and sticking with Paypal. At least with Paypal, when you deposit 50 bucks, it remains at 50 bucks no matter what the markets do.
01-10-2015, 08:48 PM
...elusive dreamer
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Join Date: Apr 2009
Location: USA
Posts: 5,965
Disappointment and Promise of Bitcoin in 2015
01-10-2015, 09:11 PM
...elusive dreamer
�
Join Date: Apr 2009
Location: USA
Posts: 5,965
01-11-2015, 03:44 AM
Guide
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Join Date: Sep 2012
Location: USA
Posts: 417
Why not just barter for goods? Why do we need to use debt notes (so-called "money") as a middleman?
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