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Bitcoin?

Bitcoin?

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Really something or fishbait? I don't have a clue.


Originally posted by @coquette
Really something or fishbait? I don't have a clue.
To me it seems a bit fishy.

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Originally posted by @coquette
Really something or fishbait? I don't have a clue.
Almost money.

But what is money?

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Originally posted by @wolfgang59
Almost money.

But what is money?
Just the name "crypto-currency" seems mysterious and creepy.

I'd rather chew Bubbalicious rather than grind teeth over a bursting BitCoin bubble. Gum is cheap...but at least it's real.


I always said it was a fraud bound to end in tears. It has crashed in price over the last while. It was a bubble that looked worse than Tulipmania in the Netherlands.


What is Bitcoin?
Bitcoin (Coinsquare ticker: BTC) is a worldwide cryptocurrency and digital payment system. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.

-VR

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Originally posted by @very-rusty
What is Bitcoin?
Bitcoin (Coinsquare ticker: BTC) is a worldwide cryptocurrency and digital payment system. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified and recorded in a public distributed ledger called a blockchain. Since the system works without a central repo ...[text shortened]... ory or single administrator, bitcoin is called the first decentralized digital currency.

-VR
I bet those who bought in at 22,000 don't need any suppositories.


Originally posted by @great-big-stees
I bet those who bought in at 22,000 don't need any suppositories.
Maybe it is will be the way of the future, money as we know it may not exist anymore. Many thought the computer was passing faze that would fade out.

-VR

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Originally posted by @very-rusty
Maybe it is will be the way of the future, money as we know it may not exist anymore. Many thought the computer was passing faze that would fade out.

-VR
I believe you are correct VR.
But...I did invest in DeLorean too. πŸ˜‰

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Originally posted by @wolfe63
I believe you are correct VR.
But...I did invest in DeLorean too. πŸ˜‰
That was/is a car company wasn't it?...

-VR

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Originally posted by @wolfe63
I believe you are correct VR.
But...I did invest in DeLorean too. πŸ˜‰
Well then you were able to go Back to the Future?😲

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Originally posted by @coquette
Really something or fishbait? I don't have a clue.
If you bought bitcoin back in 2010, you're well in the black now.

If you buy bitcoin today, you're a fool. The bubble has burst.

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Here is a link to an explanation how it works:

http://www.bbc.com/news/av/technology-43026143/bitcoin-explained-how-do-cryptocurrencies-work


Originally posted by @wolfgang59
Almost money.

But what is money?
Just bits of coins.