Bitcoin and Freedom. All about Bitcoin, Litecoin and...

[The Dharma Bum]

[The Dharma Bum]

Bill, the main reason I find this development interesting is because I do believe the concept is revolutionary and sound. I'm not trying to tell people to sink their life savings into bitcoins.

A means of exchange can be anything from shells to electronic signals. When the technical details are smoothed out this is how money is going to be in the future. So it's not just a fad.

[Leviathan]

I really f**k sucks there are so many requirements to sell securities. My position is getting killed due t the value of bitcoin moving up and I can't even hedge against it!

If anyone knows anything about selling derivatives, there is money to be made .

[The Dharma Bum]

If you get an account at http://coinmkt.com you can play the market with play money.

[spacemonkey]

Electric money is secure right?? Sounds more like Disney Land for the hackers to me. But who really knows.

[Mr.Bill]

[The Dharma Bum]

Of course you are correct. Being cautious is the opposite of being a sucker.

OTOH starting off with $250 of cryptocurrency and parlaying that into a tidy windfall is fun and profit, ands will help prove a concept that is awesome.

Did you know if you transfer 6.5M in btc it costs about $1.50, the same transfer for paypal is $185,000+

How can that not be preferable for people that have to operate in the global economic environment? It's just a part of the unstoppable force of globalization. That's why I am saying it's the way of the future. Of course when you are pioneering in unknown territory it is risky, but the reward for success are potentially great. The people who come later, after the trail is blazed, pretty much are the people who will make the trailblazers rich.

This is the new digital frontier that we have been waiting for. The opportunities for businesses who can devise ways to facilitate this trade are limitless. For example you can set up an escrow service, but that's just scratching the service of the potential. But you have to get into the game to see what is needed and where things will go If you aren't in the game you will never even know what it's all about. It's an environment that is ripe for innovation.

[The Dharma Bum]

Also no chargebacks, which is essential for any reasonable digital currency to reach it's full potential.

[foadi]

My friend bought me 1250 QRK last night as repayment for something else and I guess the price exploded after. He's saying it is good for the long haul tho, should hild them for a few months

[Leviathan]