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Who is following bitcoin? (Read 32 times)

justin_o_guy2

Serious Thumper

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What happened?

Posts: 55279
East Texas, 1/2 dallas/la.

Who is following bitcoin?
12/07/13 at 13:11:49

http://news.yahoo.com/bitcoin-heist-millions-vanish-online-175333383.html

http://www.youtube.com/watch?v=gABPRQHOSew

China doesnt like it,
IMO, even tho our goobs have said theyre "hands off" on this, they wont be. Theres no way the fed will allow competition from another form of currency. The declared Hands Off policy in, IMO, just them waiting to see how it pans out. If it crashes w/o them doing anything, then they win. If popularity & usage spread, that will cause a backlash,

The people never give up their liberties but under some delusion.- Edmund Burke.

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old_rider Serious Thumper Offline Backyard Bill Productions Posts: 3147 flordia panhandle Gender:	Re: Who is following bitcoin? Reply #1 - 12/07/13 at 14:30:26 Who's to say the FED didn't start it?
Back to top	We are here to laugh at the odds and live our lives so well that Death will tremble to take us. IP Logged

justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: Who is following bitcoin? Reply #2 - 12/07/13 at 23:27:51 Why would they bother? Theyre stealin money at a rate no one can grasp it now,
Back to top	The people never give up their liberties but under some delusion.- Edmund Burke. IP Logged

pg Serious Thumper Offline Posts: 5273 In Transit	Re: Who is following bitcoin? Reply #3 - 12/08/13 at 13:59:57 And you would think gold would be trading at above 2K an once as well.
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Paraquat Serious Thumper Offline SuzukiSavage.com Rocks! Posts: 2206	Re: Who is following bitcoin? Reply #4 - 12/09/13 at 06:07:12 Am I too late to set up a computer to do whatever this is? --Steve
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Pine

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SuzukiSavage.com
Rocks!

Posts: 1694
Mississippi, USA
Gender: male

Re: Who is following bitcoin?
Reply #5 - 12/09/13 at 11:45:09

I tend to keep up with coins.. or I was. The thing is I only dealt with entities that I felt were above board. If they are using TOR... its shady. Not much to do with Bitcoins at ... just shady due to TOR.

As to the question of "is it too late to get in":
Yes and no. It cost a good bit of money to mine coins. Then what you end up with is coins.. not money. You then need to (generally) convert the coins to money to buy more equipment and or pay the power bill. When Bitcoin was sub- $300, many were making as little as $.11 per day. Thats not getting rich.
I have several posts on my experiment, which I count as a success ( LiteCoin), though I certainly didn't get rich (but I did have fun).

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