Started by Kate the Bionic Uterus, December 20, 2013, 11:35:32 PM
Quote from: Birdie on February 03, 2014, 07:28:27 PMA few weeks ago, a caller asked Jorchy this question. His response was as you would expect, on par with the comprehension level of the average 8th grader. Of course, he thought Bitcoins were a worthwhile investment. It actually made me feel kinda bad for him
Quote from: zeebo on December 22, 2013, 05:00:43 PMI was interested to learn you can actually "mine" for bitcoins:https://en.bitcoin.it/wiki/Mining
Quote from: zeebo on January 22, 2014, 08:22:37 PMBtw I thought for kicks I'd try and buy like a hundred bucks worth (around a tenth of) a bitcoin. I tried 3 different sites and, even though I'm fairly tech-savvy, it seemed way too complicated and clunky. Also was turned off with various fees tacked on (one site had 3 different fees from 3 different middle-men). I thought one of the big ideas with it was low-cost / seamless transactions.
Quote from: Kate the Bionic Uterus on February 22, 2014, 04:50:11 PMHere is the safest and most reputable company in the world if you want to buy them. https://www.mtgox.com/
Quote from: Mind Flayer Monk on February 22, 2014, 08:56:02 PMDidn't they freeze bitcoin transactions indefinitely last week? Mt Gox that is.
Quote from: FightTheFuture on February 25, 2014, 09:36:54 AMHope you didn`t exchange there. This whole bitcoin thing is going to come tumbling down. http://www.nbcnews.com/tech/security/website-bitcoin-exchange-mt-gox-offline-amid-theft-reports-n37896
Quote from: Kate the Bionic Uterus on February 25, 2014, 02:00:28 PMMaybe before you open that daft mouth of yours you could actually read what is on this thread. This is not the politics room where you can act like an moron. If people want to believe the silliness/bullshit that you post over there then go crazy. It shouldn't be too much of a stretch for somebody like you. All you have proven here is your ability to be manipulated by the media and your inability to use any critical thinking skills. I would ask that you keep your ignorance and inappropriate attention seeking behaviour in the politics room. All you have proven here is that you are incapable of using that main organ of yours and not the one between your legs (although the thought of you reproducing only makes me worry about their future.) No I am refering to your BRAIN. Other members should keep this in mind when reading any of your other posts. Now shoo!@the rest of the adults who want to intelligently discuss this very interesting topic; Anyone who has read the articles linked in this thread would have already known about the problems over at Mt Gox. The true story is not known yet. They definitely had some in house security issues, however the sky is not falling like some people pukes would have you believe.I won't be surprised is law enforcement gets involved at some point. Certainly it is an exciting story to watch!http://www.theverge.com/2014/2/25/5444866/mt-gox-goes-offline Best quote from the article; ~"As with any new industry, there are certain bad actors that need to be weeded out."Here, this is my new fave website all about Bitcoin and other cryptocurrencies. It has a nice, "How can I buy Bitcoins" section.http://www.coindesk.com/information/how-can-i-buy-bitcoins/Here is a current list of NASDAQ listed companies that accept Bitcoin; http://www.nasdaq.com/article/what-companies-accept-bitcoin-cm323438 and this is just the list of companies traded on nasdaq. The following is a list of online and real world businesses that currently accept Bitcoin; https://en.bitcoin.it/wiki/TradeHA! The choice of services is endless and it grows everyday.
Quote from: FightTheFuture on February 25, 2014, 02:27:25 PMThat`s right, sweetheart, you just keep investing your weekly allowance in bitcoins lol. I`ll continue to invest in grown-up equities.
Quote from: Kate the Bionic Uterus on February 25, 2014, 02:57:45 PMHa, I am just quoting this to provide proof to any current and future members that you are mentally challenged. Anyone who would receive an allowance of one Bitcoin every week (roughly $ 578.41 in Canadian Dollars) would be very, very happy. *rolling eyes*... "sigh"I never received an allowance. My parents gave my four siblings and I a credit card and taught us at an early age how to use it properly. That way we learned how to avoid credit card debt and the importance of paying our bills.Good luck with those corporate stocks. I hope that works out well for you *giggle*
Quote from: area51drone on February 25, 2014, 04:16:34 PMI'll take my asshole sticker now onan.
Quote from: Agent : Orange on February 25, 2014, 04:39:24 PMI guess I just don't understand why it has to be black or white. I agree with area51drone and what has been said earlier in the thread, cryptocurrencies are here to stay and likely we are looking at the next step in the evolution of monetary systems into the digital realm. But that doesn't mean bitcoin is the be-all-end-all of these types of systems. To me at least it sure does look like the bitcoin infrastructure is failing, but who knows. It will be interesting to see what if anything winds up happening. No need for such vitriol.
Quote from: Mind Flayer Monk on March 03, 2014, 08:06:42 PMI think you believe in this investment vehicle but I approach all investments with extreme skepticism. I've heard of an awful lot of investments that could never fail-turnkey houses in Detroit, penny stocks, junk bond funds, etc. I have read your links.
Quote from: Kate the Bionic Uterus on March 06, 2014, 12:03:32 AMYou are comparing Bitcoin to penny stocks and junk bonds and toxic real estate deals? Dude have you been drinking?
Quote from: Mind Flayer Monk on March 06, 2014, 12:18:32 AMI don't appreciate your insult.
Quote from: Mind Flayer Monk on March 03, 2014, 08:06:42 PM...I've heard of an awful lot of investments that could never fail-turnkey houses in Detroit, penny stocks, junk bond funds, etc.
Quote from: Kate the Bionic Uterus on March 06, 2014, 12:30:47 AMand I obviously didn't appreciate yours...Edit; What is good for the goose is good for the gander. If your going to put words in my mouth and provide back handed type compliments then this is what you can expect. Why would you expect anything else from your post?
Quote from: Mind Flayer Monk on March 06, 2014, 12:36:49 AM"turnkey houses in Detroit, penny stocks, junk bond funds, etc. "People make money from those investments.
Quote from: Mind Flayer Monk on March 06, 2014, 12:36:49 AMBitcoin is not like venture capital. Venture capital has a way to get some of your money back (remedy at law) if things go awry. With VC you can take the assets that you have built up with your investment. Part of why people use VC is the VC knows how to take ideas and make them into assets.
Quote from: Kate the Bionic Uterus on March 06, 2014, 12:03:32 AMWhat I did say is that if people were to purchase some bitcoins that it should be considered venture capital.
Quote from: Kate the Bionic Uterus on March 06, 2014, 01:04:36 AMI have NEVER said that Bitcoin is like VC.
Quote from: Agent : Orange on March 06, 2014, 06:55:54 AMUh...