Any BitCoin users? - Page 2

AdamJoshua · 04-08-2013, 02:02 PM

The interesting thing is there are no FINRA / AML rules surrounding bitcoins, easier for the bad guys to use them, real bad guys, not guys selling weed.

jjirons69 · 04-08-2013, 03:04 PM

I'm thinking about chucking my cigars and starting an unpasteurized cheese hobby! Couldn't be much worse for me.

AdamJoshua · 04-08-2013, 04:13 PM

Quote:

Originally Posted by jjirons69

I'm thinking about chucking my cigars and starting an unpasteurized cheese hobby! Couldn't be much worse for me.

Don't chuck em, tell you what I'm an authorized dog rocket disposal professional, I give you one dowah for them and will be responsible for the incredibly high fees for disposal. I'll also throw in some liquid vegetable rennet to get your cheese operation off the ground!

Back on track, the more I read about bitcoin the less interested in it I am, I read the FA's paper on the way it works and security and I don't buy it, where there are large sums of money there are very organized individuals and for that matter entire governments looking for a piece of the action, in this case non-friendly governments that I'm sure have no problem with screwing a lot of people out of a lot of cash.

themoneycollector · 04-08-2013, 07:25 PM

Can't really add much more than what has been said.

I've looked into bitcoins, even tried mining a little bit. Now that it has blown up over the last 2 weeks after Cyprus banking issues, I tried to explain it to a few people.

Usually I get a long pause and then get asked "so it's a virtual currency that has no backing, why would anyone want it" LOL. It's complicated, but definitely still has potential for making money off the recent growth. The bubble has to pop soon though.

Apoco · 04-10-2013, 05:00 PM

So Bitcoin lost ~50% of it's value.

Today.

In 8 hours.

Source

themoneycollector · 04-10-2013, 10:49 PM

Quote:

Originally Posted by themoneycollector

The bubble has to pop soon though.

Quote:

Originally Posted by Apoco

So Bitcoin lost ~50% of it's value.

Today.

In 8 hours.

Source

Although it rebounded to nearly all of its value. Dunno if that's a good sign or bad.

emopunker2004 · 05-28-2013, 01:03 AM

Hey you guys. This is news! Bitcoin crackdown by the .gov

http://thehill.com/blogs/hillicon-va...tcoin-exchange

AUguy · 04-28-2014, 11:49 AM

So I've been playing around with a couple of crypto currencies lately. Not as an investment though. Just using them because I think it is an interesting concept even if they all end up being worthless in the end.

I have a few bucks worth of bitcoin and I am looking to get a little more but I don't 100% trust the sites that sell them for USD. If anyone on here has some pm me if you would be willing to trade some BTC for a few cigars. Not looking to sell a bunch of stuff. Just 20 or 30 bucks worth.

04-08-2013, 02:02 PM	#1
AdamJoshua Article 4 Free Inhabitant Join Date: Jan 2013 First Name: The Other Adam Location: Satellite Beach Posts: 14,787 Trading: (40)	Re: Any BitCoin users? The interesting thing is there are no FINRA / AML rules surrounding bitcoins, easier for the bad guys to use them, real bad guys, not guys selling weed.

04-08-2013, 03:04 PM	#2
jjirons69 Haberdasher Join Date: Oct 2008 First Name: Jamie Location: Chucktown, SC Posts: 4,120 Trading: (94)	Re: Any BitCoin users? I'm thinking about chucking my cigars and starting an unpasteurized cheese hobby! Couldn't be much worse for me. __________________ Somebody has to go back and get a chitload of dimes

04-08-2013, 07:25 PM	#4
themoneycollector Nicotiana Tabacum Join Date: Oct 2008 Location: Hill AFB, UT Posts: 1,258 Trading: (108)	Re: Any BitCoin users? Can't really add much more than what has been said. I've looked into bitcoins, even tried mining a little bit. Now that it has blown up over the last 2 weeks after Cyprus banking issues, I tried to explain it to a few people. Usually I get a long pause and then get asked "so it's a virtual currency that has no backing, why would anyone want it" LOL. It's complicated, but definitely still has potential for making money off the recent growth. The bubble has to pop soon though.

04-10-2013, 05:00 PM	#5
Apoco Nerd with social skills Join Date: May 2010 First Name: Alex Location: Chattanooga, TN Posts: 1,286 Trading: (37)	Re: Any BitCoin users? So Bitcoin lost ~50% of it's value. Today. In 8 hours. Source

05-28-2013, 01:03 AM	#7
emopunker2004 Central Fla rollin Join Date: Jan 2011 First Name: Justin Location: Winter Springs, FL Posts: 6,171 Trading: (46)	Re: Any BitCoin users? Hey you guys. This is news! Bitcoin crackdown by the .gov http://thehill.com/blogs/hillicon-va...tcoin-exchange __________________ Cigar Asylum: Where all are equal, unless you are from CA, then you are more equal.

04-28-2014, 11:49 AM	#8
AUguy The end is always near Join Date: Jul 2010 First Name: William Location: Troy, Alabama Posts: 266 Trading: (10)	Re: Any BitCoin users? So I've been playing around with a couple of crypto currencies lately. Not as an investment though. Just using them because I think it is an interesting concept even if they all end up being worthless in the end. I have a few bucks worth of bitcoin and I am looking to get a little more but I don't 100% trust the sites that sell them for USD. If anyone on here has some pm me if you would be willing to trade some BTC for a few cigars. Not looking to sell a bunch of stuff. Just 20 or 30 bucks worth.