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re: Installed my first bitcoin miner...Posted by lsu_tiger_az on 2/27/13 at 7:56 pm to Lsut81
quote:
Bc you can use bitcoins on bank holidays.... Duh
Perfect......
That means when the Mustang arrives @ SDL,
I can pay you right away!
re: Installed my first bitcoin miner...Posted by WikiTiger on 2/27/13 at 7:56 pm to HailToTheChiz
quote:
Why would i not pay money just for my item instead of "mining" for bitcoins or buying bitcoins....
makes no sense
there are many reason for this, but they may actually be reasons for which you see no value. that's ok. anyway, among those reasons:
bitcoin can be seen as a hedge against inflation
bitcoins cannot be seized or have "accounts" frozen by governments or private parties
bitcoin transactions are extremely fast and cheap, and work at all hours of the day, including weekends and holidays
bitcoin transactions are secure and carry no chargeback risk
bitcoin is a "push" type of transaction and requires you provide no personal info, vs. credit cards which are "pull" and do require personal information
bitcoin can be used anonymously if you choose
re: Installed my first bitcoin miner...Posted by Lsut81 on 2/27/13 at 7:57 pm to Vols&Shaft83
Vol, you've become my new fav poster
re: Installed my first bitcoin miner...Posted by WikiTiger on 2/27/13 at 8:00 pm to HailToTheChiz
quote:
how about I get on Minecraft, and trade you my diamonds at $5 a piece?
Did you know that there is a working bitcoin casino built in minecraft?
re: Installed my first bitcoin miner...Posted by lsu_tiger_az on 2/27/13 at 8:00 pm to WikiTiger
quote:
there are many reason for this, but they may actually be reasons for which you see no value. that's ok. anyway, among those reasons:
bitcoin can be seen as a hedge against inflation
bitcoins cannot be seized or have "accounts" frozen by governments or private parties
bitcoin transactions are extremely fast and cheap, and work at all hours of the day, including weekends and holidays
bitcoin transactions are secure and carry no chargeback risk
bitcoin is a "push" type of transaction and requires you provide no personal info, vs. credit cards which are "pull" and do require personal information
bitcoin can be used anonymously if you choose
What would you "buy" with bitcoins that would not require the item/product be delivered?
There goes someone's anonymity.....
re: Installed my first bitcoin miner...Posted by HailToTheChiz on 2/27/13 at 8:02 pm to WikiTiger
quote:
Did you know that there is a working bitcoin casino built in minecraft?
i did not...
Why would someone pay real money for bitcoin?
re: Installed my first bitcoin miner...Posted by WikiTiger on 2/27/13 at 8:03 pm to lsu_tiger_az
quote:
What would you "buy" with bitcoins that would not require the item/product be delivered?
Web hosting and VPN services are two very common examples in the bitcoin community
porn is another
re: Installed my first bitcoin miner...Posted by Vols&Shaft83 on 2/27/13 at 8:05 pm to Lsut81
quote:
Vol, you've become my new fav poster
AWWWWWWWWWWW YEAAAAAAAAAA
re: Installed my first bitcoin miner...Posted by lsu_tiger_az on 2/27/13 at 8:05 pm to WikiTiger
quote:
Web hosting and VPN services are two very common examples in the bitcoin community
porn is another
So no tangible goods would be traded/purchased?
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re: Installed my first bitcoin miner...Posted by WikiTiger on 2/27/13 at 8:05 pm to HailToTheChiz
quote:
Why would someone pay real money for bitcoin?
Because they feel it has value.
For example, say you like to gamble online in the USA. Well, you can't because the US government has prohibited bank and credit card transfers to fund online casino accounts.
But with bitcoin, governments are powerless to stop it and you can gamble to your hearts content like a free individual should be able to.
This post was edited on 2/27 at 8:07 pm
re: Installed my first bitcoin miner...Posted by WikiTiger on 2/27/13 at 8:06 pm to lsu_tiger_az
quote:
So no tangible goods would be traded/purchased?
you can buy many tangible goods, but you'll just have to provide an address for delivery I suppose
re: Installed my first bitcoin miner...Posted by Vols&Shaft83 on 2/27/13 at 8:09 pm to WikiTiger
quote:
governments are powerless to stop it
re: Installed my first bitcoin miner...Posted by WikiTiger on 2/27/13 at 8:10 pm to Vols&Shaft83
quote:quote:
governments are powerless to stop it
yea, maybe you're right, i mean they've been so successful at shutting down the silk road, right?
re: Installed my first bitcoin miner...Posted by Vols&Shaft83 on 2/27/13 at 8:48 pm to WikiTiger
quote:
yea, maybe you're right, i mean they've been so successful at shutting down the silk road, right?
Do they even give a shite at this point? When they actually give a shite, we'll find out how "powerless" they really are.
re: Installed my first bitcoin miner...Posted by TigerDeBaiter on 2/27/13 at 9:01 pm to WikiTiger
Just curious... I don't know if you have said before, but how many do you personally have? (Down to the satoshi)
re: Installed my first bitcoin miner...Posted by WikiTiger on 2/27/13 at 9:11 pm to TigerDeBaiter
quote:
Just curious... I don't know if you have said before, but how many do you personally have? (Down to the satoshi)
How much money do you have in your bank account?
re: Installed my first bitcoin miner...Posted by LSURussian on 2/27/13 at 9:15 pm to WikiTiger
$3,665,435.06
Your turn....
Your turn....
re: Installed my first bitcoin miner...Posted by Vols&Shaft83 on 2/27/13 at 9:19 pm to LSURussian
frick you
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