Here's why Bitcoin is the future of money | Page 4 | TigerDroppings.com
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Vols&Shaft83
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re: Here's why Bitcoin is the future of money

But does the turd appreciate if it is polished?


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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Here's why Bitcoin is the future of money
quote:

Having value is what is important.



Do bitcoins have value?


Vols&Shaft83
Tennessee Fan
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Member since Dec 2012
26975 posts

re: Here's why Bitcoin is the future of money
Certainly they have entertainment value


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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
17379 posts
Online

re: Here's why Bitcoin is the future of money
quote:

Do bitcoins have value?
If there is a willing buyer, then yes Bitcoins have value.


gizmoflak
Georgetown Fan
Member since May 2007
9354 posts

re: Here's why Bitcoin is the future of money
quote:

If there is a willing buyer, then yes


Would you buy a bitcoin right now for $50?


WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Here's why Bitcoin is the future of money
quote:

Would you buy a bitcoin right now for $50?




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ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: Here's why Bitcoin is the future of money
quote:

Would you buy a bitcoin right now for $50?


No. But somebody would.


gizmoflak
Georgetown Fan
Member since May 2007
9354 posts

re: Here's why Bitcoin is the future of money
quote:

No.


Y U no buy bitcoin?


gizmoflak
Georgetown Fan
Member since May 2007
9354 posts

re: Here's why Bitcoin is the future of money


ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: Here's why Bitcoin is the future of money
quote:

Y U no buy bitcoin?


I currently have no use for them as a currency. Dollars work just fine for me.

I try to invest in assets that have some intrinsic value. And I invest for the long term.


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Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
26975 posts

re: Here's why Bitcoin is the future of money
THAT'S NUTBAR FACTOR 6. You libertarians are fricking hilarious


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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
31926 posts

re: Here's why Bitcoin is the future of money
quote:

Would you buy a bitcoin right now for $50?


I would not buy a bitcoin for free right now.

That may sound absurd since bitcoins trade for over $100. The reason why I wouldn't anyway is that the value of the time and effort required for me to even start dealing with them greatly exceeds $100.

However, I would gladly do that work to get 100 bitcoins at no cost and even Russian might do so.


gizmoflak
Georgetown Fan
Member since May 2007
9354 posts

re: Here's why Bitcoin is the future of money
quote:

However, I would gladly do that work to get 100 bitcoins at no cost and even Russian might do so.


Nahhh, Russian doesn't sign up for Ponzi schemes.


How about 2.5 free coins? Worth it?


gizmoflak
Georgetown Fan
Member since May 2007
9354 posts

re: Here's why Bitcoin is the future of money


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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
17379 posts
Online

re: Here's why Bitcoin is the future of money
quote:

Would you buy a bitcoin right now for $50?
Only a fool would say no since Bitcoins are trading at about $116 at the moment. That being said, I have not invested the time, energy or resources to create a wallet for storing Bitcoins. So, I couldn't really buy one from someone willing to sell for less than current market price.

If $50 reflected the current market price, then I would not buy a Bitcoin for $50.


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LSURussian
LSU Fan
Member since Feb 2005
85153 posts

re: Here's why Bitcoin is the future of money
quote:

$132 on April 30


And it is now $96.50 (MtGox) two days later on May 2.

But at least it's 'relatively stable.'


gizmoflak
Georgetown Fan
Member since May 2007
9354 posts

re: Here's why Bitcoin is the future of money
quote:

And it is now $96.50 (MtGox) two days later on May 2.


blame Silk Road for getting shut down


Cold Cous Cous
LSU Fan
Member since Oct 2003
14074 posts

re: Here's why Bitcoin is the future of money
quote:

blame Silk Road for getting shut down

For real? I'm surprised it didn't drop lower than that.


LSURussian
LSU Fan
Member since Feb 2005
85153 posts

re: Here's why Bitcoin is the future of money
quote:

blame Silk Road for getting shut down

What happened?


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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Here's why Bitcoin is the future of money
quote:

For real? I'm surprised it didn't drop lower than that.


Yea, it's being DDOS'ed because they refused to pay a $5000 ransom


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