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Started By
Message
re: Can all Bitcoin exchanges just shut down without any explanation like Mt. Gox?
Posted on 2/25/14 at 11:49 am to VetteGuy
Posted on 2/25/14 at 11:49 am to VetteGuy
quote:
It appears now though that with this exchange's failure, it is dragging overall bc value down.
yea from $800ish to $500-$600ish. pretty shitty, but not as bad as I thought since mt gox was pretty damn big.
1
Posted on 2/25/14 at 11:51 am to TH03
quote:
he's making shite up, don't listen to him
If you don't want your audience to be misinformed, you should teach them. At least I answered him.
This post was edited on 2/25/14 at 11:52 am
Posted on 2/25/14 at 11:53 am to xXLSUXx
I hope everyday to wake up to the failure of this system, only because I read on here people being so damn sure of themselves that this isnt a BS "currency"... I'd love for them to be wrong
Posted on 2/25/14 at 11:53 am to Black n Gold
quote:
So how does one get Bitcoins? I assume you need to part with some form of recognized currency such as the dollar
You can "mine" them as well.
But yes, you need to take cash and buy bitcoins. Then, you can use your bitcoins on gyft.com to purchase amazon gift cards, then go to amazon and spend said gift card. Makes perfect sense to me.
Posted on 2/25/14 at 11:54 am to Black n Gold
you can buy them from exchanges. I use coinbase because it's US based and works with several merchants who use bitcoin for purchases.
you can also mine them, but that's more technical and involved than just buying them.
you can also mine them, but that's more technical and involved than just buying them.
Posted on 2/25/14 at 11:55 am to nola tiger lsu
if I can buy anything I want to from overstock.com and other online merchants, how is it not a currency?
Posted on 2/25/14 at 11:57 am to TH03
quote:
and other online merchants
Name 2 other places you would buy goods DIRECTLY from that accept bitcoin
Posted on 2/25/14 at 11:59 am to TH03
quote:
if I can buy anything I want to from overstock.com and other online merchants, how is it not a currency?
Is paypal a currency? Seems similar to me, but I could be way off.
And I am pretty sure, companies that accept them, convert them to cash when the transaction is completed. Makes sense for all businesses to accept them.
Posted on 2/25/14 at 11:59 am to TH03
I just don't understand what's wrong with using your credit card?
Posted on 2/25/14 at 11:59 am to Broke
I heard some basketball merchandise store accepts them
Posted on 2/25/14 at 12:00 pm to Broke
tigerdirect
merchants on etsy
merchants on etsy
Posted on 2/25/14 at 12:01 pm to Tayday
nothing. I'm not saying you should use btc over cash or credit cards. I'm not telling anyone what to use or how to use their money.
Posted on 2/25/14 at 12:02 pm to jeff5891
quote:
I heard some basketball merchandise store accepts them
I heard a gas station in Piedmont Oklahoma accepts them
Posted on 2/25/14 at 12:03 pm to Broke
How do I get dollars out of my coins if I so choose?
Posted on 2/25/14 at 12:04 pm to Broke
quote:
Piedmont Oklahoma
well, they were already taking chickens and green stamps so WTH?
Posted on 2/25/14 at 12:04 pm to TH03
I never said you were, but why do you use bitcoins?
Posted on 2/25/14 at 12:04 pm to CheeseburgerEddie
you sell the coins for cash
Posted on 2/25/14 at 12:04 pm to Broke
haven't read the thread but heard a sound byte that 3 quarters of a million dollars worth of bitcoin came up missing?
is the beginning of the end? if bitcoin survives this, it might be around to stay?
i haven't looked. what is it trading at today?
is the beginning of the end? if bitcoin survives this, it might be around to stay?
i haven't looked. what is it trading at today?
Posted on 2/25/14 at 12:07 pm to LSURussian
that's me proclaiming genius status?
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