Bitcoin: Internet currency or internet scam?

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Bitcoin: Internet currency or internet scam?

Postby surfsteve » Sun Mar 31, 2013 2:42 pm

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Re: Bitcoin: Internet currency or internet scam?

Postby surfsteve » Tue Apr 02, 2013 4:02 pm

I wonder how long it will be before google comes out with "google money"
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Re: Bitcoin: Internet currency or internet scam?

Postby James Sel » Tue Apr 02, 2013 4:39 pm

That pyramid is going to get larger than the GIZA!!
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Re: Bitcoin: Internet currency or internet scam?

Postby surfsteve » Tue Apr 02, 2013 6:43 pm

The only way I see it really catching on is if whoever does it can convince the masses that their money isn't going to crash like the federal reserve seems to be headed towards. Microsoft Money has kind of a nice ring to it, but really. Who in their right mind would put that kind of trust in Bill Gates? Now that's funny!
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Re: Bitcoin: Internet currency or internet scam?

Postby mrgreen » Thu Apr 11, 2013 2:33 pm

Bitcoin Rises: Digital currency beats paper
Seems like a reasonable idea to me. I suppose it might undermine the USA's control of the world economy, but most people in the world would probably see that as a good thing.
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Re: Bitcoin: Internet currency or internet scam?

Postby surfsteve » Fri Apr 12, 2013 8:25 pm

There was a big story the other day that somebody did a massive sell off of bitcoin and that it's value fell by around 50%.
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Re: Bitcoin: Internet currency or internet scam?

Postby shadylady » Sun Apr 14, 2013 7:02 am

Time to Retire The Penny?
They are kind of annoying. You can't really use them for anything and they aren't worth hardly anything. They're really not worth keeping around. So, yeah, it's time for them to retire!

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Re: Bitcoin: Internet currency or internet scam?

Postby surfsteve » Thu Apr 18, 2013 9:39 am

Is Bitcoin's Largest Exchange Banking on Its Failure?

Bitcoin rip-off Ripple peddled shamelessy by Business Week


In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the role of market making in the orderly functioning of markets which explains the disorderly functioning of Mt.Gox, an exchange missing the vital market making function. They also discuss the virtual specialist technology, payments systems and DDoS attacks. In the second half of the show, Max Keiser talks to Tony Gallippi of Bitpay.com about money in the cloud and bitcoin in transactions.
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Re: Bitcoin: Internet currency or internet scam?

Postby a2z » Tue Apr 23, 2013 8:08 pm

Bitcoin for dummies
Interesting stuff! It's been around since 2009 and it seems to be beginning to catch on. Might be the wave of the future and then again maybe not. We'll just have to wait and see!
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Re: Bitcoin: Internet currency or internet scam?

Postby surfsteve » Sat Sep 06, 2014 5:19 am

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