If Bitcoin’s aren’t real, can you really lose them:question:
http://xfinity.comcast.net/video/Bitcoins-worth-millions-lost-in-landfill/76066371725/Comcast/TopVideos/
I want to hear skinneej’s, take on this! He probably has some!
So Easy, how many bit coins you gonna buy? 
Fred, can you buy them on ebay? I don’t trust anything I can’t see or hold! Even stocks you can get in a paper copy. What does a Bitcoin even look like?
Easy, I don’t know much about bitcoins. The first I heard of it was in the local Charleston newspaper a few months back. I don’t own any and I don’t think it’s something I would invest in because I think that the US government may eventually try to shut it down. They don’t like competition.
That being said, here is their FAQ:
http://bitcoin.org/en/faq
Also, from my understanding from the FAQ, there is a public ledger that can probably show he had that many bitcoins at one point in time. It seems though that they are encrypted on a device and he must have lost that device. There is a section in the FAQ that suggests that they are “lost forever” when the wallet is lost. That is pretty odd to me since it seems there should be a way to back up anything electronic. But, I don’t know the technical details on this stuff.
skinneej; they are beyond me! I do know they must be worth something to someone, because you can buy and sell illegal drugs with them.
http://www.businessinsider.com/the-man-allegedly-behind-silk-road-the-worlds-biggest-marketplace-for-drugs-2013-11
Bitcoins are real if you believe in them…which is pretty much the same as any of the other unbacked currencies that are making the rounds in todays economy. To me it’s kind of scary in a way, because whether it’s US dollars or Bitcoins, the only value that either have is the value that people agree they have. That basically means that our economy is more or less an illusion, but an illusion that we all agree is real.
I saw where a guy in Norway bought $24 worth of Bitcoins some time ago. He cashed in half just recently and because of the increase in value that Bitcoins have been returning, got enough real euros to buy a house.
They are saying that each Bitcoin is worth $1200 US dollars, which is almost what an ounce of gold is trading for these days, so how weird is that?
1 Bitcoin = 1 oz pure gold. Who woulda thunk that possible?
quote:All markets are subject to crashing... Something to keep in mind! Even the "gold" market...
Originally posted by mcvlboundBitcoins are real if you believe in them…which is pretty much the same as any of the other unbacked currencies that are making the rounds in todays economy. To me it’s kind of scary in a way, because whether it’s US dollars or Bitcoins, the only value that either have is the value that people agree they have. That basically means that our economy is more or less an illusion, but an illusion that we all agree is real.
I saw where a guy in Norway bought $24 worth of Bitcoins some time ago. He cashed in half just recently and because of the increase in value that Bitcoins have been returning, got enough real euros to buy a house.
They are saying that each Bitcoin is worth $1200 US dollars, which is almost what an ounce of gold is trading for these days, so how weird is that?
1 Bitcoin = 1 oz pure gold. Who woulda thunk that possible?
Skinneej; Let’s me and you start making our own coins! You can run the marketing and sales end and I’ll be on the production end. Of course you will have to be the financial guy and the front man cause I don’t want to wind up with you as a cellie:smiley:
quote:As long as we get to put my handsome face on the coins, you can count me in...
Originally posted by EasySkinneej; Let’s me and you start making our own coins! You can run the marketing and sales end and I’ll be on the production end. Of course you will have to be the financial guy and the front man cause I don’t want to wind up with you as a cellie:smiley:
That’s what I’m talking about! You be heads and I’ll be tails, because when to law shows up that’s all they are going to see of me! My a$$ beating feet down the road:smiley:
quote:But if we make enough money, the law will work for us...
Originally posted by EasyThat’s what I’m talking about! You be heads and I’ll be tails, because when to law shows up that’s all they are going to see of me! My a$$ beating feet down the road:smiley:
Skinneej, you any good with photoshop? If so make up a coin and see what we got:wink: Here’s a photo of my side of it!
quote:
Originally posted by EasySkinneej, you any good with photoshop? If so make up a coin and see what we got:wink: Here’s a photo of my side of it!
So, Easy…does this make you a Democrat on the run:stuck_out_tongue:
NN
07, 23 Key West, Twin 115 Yammys
“Coastal Bound”
Not by a long shot! A Democrat would be running at you, asking to kiss your A$$:wink: He might throw in a little tongue if he thought it would help:smiley: