Has anyone got Bitcoin?

Isn't it just electronic currency that is even more ephemeral than our "official" currency? If so, why invest in it when it can just go poof and you are left with no recourse?

Ponzi scheme

Nah nobody has it because it doesn't exist in physical reality...

Just sayin'.

Sure, got hundreds. What do you want to know?

Really? It doesn't exist in physical reality?

And the scam we call Fiat is somehow supposed to be any better?

The whole world is swingin' to the rhythm of artificially created Debt Slavery and people still complain that one of the few viable alternatives to Fiat (bitcoin) somehow "isn't real" despite over 90% of the US Dollar money supply existing solely digitally on computers.

In short, your argument doesn't make any damn sense.

Look up Quantum computing for your answer.
It's not a matter of if, but a matter of when.

Cracked !

i had 2 spare puters about 18 months ago, and ran them as coin miners... i think i made about $1.50, excluding power costs....

Try and sell your bitcoin for a cabbage when the shit really hits the fan

You're full of shit and here's why:

[link to miguelmoreno.net]

Yes. Use Coinbase.

How many coinbases = 1 cabbage on the international market?

As to your question OP, you should really study up on it first. You might start here: [link to bitcoinintro.com]

Also, find some youtube videos. But ignore any material you find on mining. A lot of older website and videos advise people mine their own bitcoin. That was once feasible, but no longer unless you have a solar powered warehouse at the arctic circle filled with the latest ASICS that you probably had custom designed for you by engineers in your employ. Basically, mining is dead for the average user.

When you're ready, you can buy from coinbase.com or circle.com

Store them on a mobile HD wallet, such as breadwallet for iphone.

How many cabbages = i bitcoin?

Been buying BTC since early 2013. Love the stuff.

About as many internets = millionaires.

Work it out.

And how do you propose to buy cabbages when the internet goes down?

I don't ever propose to buy cabbages.

Let's say food!

If Greece defaults, within 3 months the catastrophe of global economic collapse and massive worldwide default on 1.8 quadrillion dollars in derivatives will leave America completely broke... US dollars will be worth toiletpaper and hyperinflation will have taken off.

Better have land, gold, guns, god, grub or you are gone.

Bitcoin is not safe.

(1) Government can just pass a law making it illegal.
(2) Federal Reserve can (and does) create any amount of money they want out of thin air, so, since there are a limited number of Bitcoins, Feds can just buy up enough Bitcoins to control the Bitcoin market.

I only use it for international purchases. I use CIRCLE ,but i only convert the amount needed because it is based on fluctuating market.

I would argue that in a currency disaster scenario, it is far safer than the troubled currency. While government can pass a law making it illegal, they can't really control it or stop it. There are plans to broadcast the blockchain from a satellite. Even if they shut off the internet in one country, they could use the rail roads, radio, etc. to transmit a transaction.

I'm not talking about USD collapsing, but say Greece or any other country that is unstable, when it hits the fan, may be able to switch to Bitcoin. It's not a matter of if, it's a matter of when. Even the poorest countries have a really high % of smart phones already capable of transaction easily.

Federal reserve may print all they want, but the supply of Bitcoin will dry up very quickly and if they do that it will jump 10x - 100x up. At the current prices you can only buy about $1M worth of Bitcoin, if you try to buy up $100M worth, it would skyrocket.

In fact if you get 10M people to each buy 1 Bitcoin and just freaking hold it, no government will be able to take it and control it.

As far as quantum computing, yes that is a theoretical concern, but even then - the actual public address is hashed, and hashes are quantum resistant. It is only an issue if you reuse bitcoin addresses, instead of sending the change to a new address any time you make a transaction.

Hope that helps a bit.

Bullshit.

A ponzie scheme collapses when last enter.

Bitcoin just got up to speed when last enter. Then you will have p2p banking.

Funny how people that know absolutely nothing get mouth diarrhea anytime someone mentions Bitcoin

Good move op.

Look at coinbase.

The only worthwhile post in this thread.