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Can you be honost now, and tell us how much money you invested into bitcoins that you created a thread and had to wait 2 pages for someone to agree with you and when it happened you said 'Finally!' Let us the true story behind this thread. |
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I'm not trying to be rich, I stated before I only have 10 or so bitcoins. I like the idea. :) |
I dont think bitcoins are gonna go away. But I do see them being used as a payment option for pirates and I have seen them being mentioned more and more on file locker forums and other pirate sites, so I think once that happens it will cause yet more headaches for copyright holders. I did use to mine them when they first appeared but havent done so in over a year now.
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and just yesterday reddit.com I think wikipedia will be next. If you would have invested 5k into bitcoins in 2010 you would have about 2 million dollars today. I didn't invest. :( |
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Buy Pizza with Bitcoins lol
The Pizza for Coins service has been set up by two programmers as a way to boost use of the digital cash. The service acts as a middleman and converts bitcoins into US dollars that are used to pay for food. It charges a small fee to do the currency exchange. http://www.bbc.co.uk/news/technology-21427505 |
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Each bitcoin will be worth thousands, like gold.
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Large sites accepting it means nothing,since e-gold used to be very popular among sites too and we seen how that ended.
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I've been sitting on a few choice bitcoin domains if anyone is interested.
bitcoinvod.com bitcoinvideos.com hit me up at hot.studs at ymail.com . |
So who is panicking today?
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Bitcoins have recovered a bit from there 2011 implosion but they still are not backed, they still have no "faith and force", they are actively referred to as an agent for allowing nefarious transactions and thus "on the radar" of the security folks in a bad way. Bitcoins are a hobby where 99% of the owners have no idea what they are holding. The "capitalization" you refer to is significantly less than, oh, say, Solyndra. Demand by those who have a little knowledge can sustain a price in an atmosphere of illiquidity, but a currency must have a sustaining value to survive. Bitcoins have been valuable as a demo concept, so perhaps their legacy will have some value. |
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it was trading around $6 at the time now it's $44 :Oh crap |
I have some on an old hard drive. Now to just et them off of their???
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You can see the panic set in, Bitcoin did recover its value (this time). |
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