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Old 02-16-2013, 04:50 PM  
mayabong
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Join Date: Jan 2010
Posts: 1,952
Quote:
Originally Posted by TheSquealer View Post
I know very little about this stuff... but it occurred to me that there is probably some opportunity for arbitrage in that manner. Create a nerd circle jerk... Bitcoins -> WOW Gold -> USD -> Bitcoins ... or add in other fake currencies. Linden Dollars etc.
There is a site that does this.

https://www.virwox.com/?drgn=1

The difference between bitcoin and every other currency that has ever been made, is that bitcoin has no central location. There is also a finite amount that will ever be made. The code is open source. The computing power of the whole network is 100x more powerful than all the supercomputers in the world put together. (or something like that)

Comparing it to WOW gold is kinda retarded.
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