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-   -   What is bitcoin? (https://gfy.com/showthread.php?t=1102829)

DumpManager 03-12-2013 12:15 PM

What is bitcoin?
 
Hey GFY,

I was looking around at things and came across something called boitcoins..
I found a place that looks like a link referral type of site, but uses bitcoins.

Thing is, there is no explanation of what it is or does, anyone have any ideas?

spiederman 03-12-2013 12:20 PM

bitcoin is a virtual currency, blablabla read the wiki

Bman 03-12-2013 12:25 PM

What is a bitcoin explained

Bjorn 03-12-2013 12:34 PM

It has ncreased 320 % to USD last 6 months, im waiting for the drop...

CAHEK 03-12-2013 02:41 PM

Quote:

Originally Posted by Bjorn (Post 19524472)
It has ncreased 320 % to USD last 6 months, im waiting for the drop...

"Major glitch in Bitcoin network sparks sell-off; price temporarily falls 23%
It hit a low of $37 as developers scrambled to fix the problem."

Time to Buy :winkwink:

mayabong 03-12-2013 04:11 PM

Here is a good interview recorded the other day on the Peter Schiff show. Great for someone that knows absolutely nothing.



Bitcion is a great invention. Still has a long way to go especially with scaling and going mainstream but there are some of the smartest people out there working on it.

2012 03-12-2013 05:15 PM

wordpress accepts it
http://www.pcworld.com/article/20142...-bitcoins.html

seeandsee 03-12-2013 07:23 PM

yeah everybody just love it, money is pumping into machine, but once somebody try to cashout bigger number, it will fall in hell

mayabong 03-12-2013 09:28 PM

Quote:

Originally Posted by seeandsee (Post 19525088)
yeah everybody just love it, money is pumping into machine, but once somebody try to cashout bigger number, it will fall in hell

Been hearing that for 4 years.

stinkyfingers 03-12-2013 09:35 PM

never heard of it

ninavain 03-12-2013 09:35 PM

welcome to the NWO currency...here we go

AsianDivaGirlsWebDude 03-12-2013 09:41 PM

Quote:

Originally Posted by ninavain (Post 19525230)

welcome to the NWO currency...here we go

http://cdn.memegenerator.net/instanc...x/24243038.jpg

:stoned

ADG

The Ghost 03-12-2013 11:50 PM

With the price of them up so high surprised there isn't more threads like this. Shills to put more interest in them and try to make them go higher.


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