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License to print money... BitCoin?
| May 31st, 2016 at 3:22:02 AM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | Yeah, twenty one percent.... but is that good or bad? People normally don't like currencies (or "currencies") to be so volatile. |
| May 31st, 2016 at 3:23:34 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18212 |
I think it is still new enough that this will happen. I looked at the ticker the other day and noticed it was above $500! Wondering if I should buy on the next pullback. The President is a fink. |
| May 31st, 2016 at 3:27:45 AM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | Look into the Finland bitcoin.... free enrollment. Every Finnish adult automatically enrolled. |
| May 31st, 2016 at 4:57:43 AM permalink | |
| Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 |
Some speculators like the volatility. Sweden and Ecuador are leading the way in digital currency. Ecuador uses the US dollar since 2000 and Sweden uses the Swedish Crown which is within 1% of the Norwegian Crown (but off quite a bit from Danish and Icelandic Crown). Ecuador becomes the first country to roll out its own digital cash http://www.cnbc.com/2015/02/06/ecuador-becomes-the-first-country-to-roll-out-its-own-digital-durrency.html |
| June 17th, 2016 at 8:10:48 PM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | The value of digital currency Ethereum has dropped dramatically amid an apparent huge attack targeting an organisation with huge holdings of the currency. see Business Insider Fifty Million Dollar Hack. |
| June 17th, 2016 at 9:41:12 PM permalink | |
| Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 | Mar 2015 the price of bitcoins were in the $200 – $300 range. Right now they are $739 apiece. In November 2013 - Bitcoin hit an all-time high of $1,242 when it came close to the price of an ounce of Gold. |
| July 26th, 2016 at 12:30:48 AM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | https://techcrunch.com/2016/07/25/a-florida-judge-has-ruled-that-bitcoin-isnt-money/ Florida circuit court rules Bitcoin is NOT money and therefore not part of a financial transaction or the basis of a charge of money laundering. |
| July 26th, 2016 at 12:20:55 PM permalink | |
| Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25011 | He's right, it's just a collectible, like old baseball cards. Lets make them money too. If you take a risk, you may lose. If you never take a risk, you will always lose. |
| October 2nd, 2016 at 11:09:42 AM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | Japan will accept tax payments in bit coins. |
| February 17th, 2017 at 6:08:19 AM permalink | |
| Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 |
Bitcoins are back to $1050 as of today. The Canadian mint's experiment in digital currency, the Mintchip, was sold to a private startup last year. http://www.cbc.ca/news/technology/mintchip-nanopay-1.3402059 The jury is still out if the attraction to e-money is the ease of use or the thrill of investing in the ultra-volatile pricing, |