Bitcoin value against dollar
Bh7 right once again
2013-08-08 09:13:31 by Mercedis4losersBitcoin 'is a currency'
Despite what others may think, a U.S. judge has found that Bitcoin is real money.
Magistrate Judge Amoz Mazzant was ruling earlier this week on questions related to Securites and Exchange Commission allegations against Trendon Shavers of Texas, who is accused by the regulator of using his Bitcoin Savings & Trust to run a Ponzi scheme.
Heres a key line from the ruling: It is clear that Bitcoin can be used as money. It can be used to purchase goods or services, and as Shavers stated, used to pay for individual living expenses. The only limitation of Bitcoin is that is limited to those places that accept it as currency
Cool - an article I can relate to!
2014-02-16 10:19:02 by Leo_J4Bitcoins largest exchange is dying. Heres why thats not a problem for Bitcoin.
By Timothy B. Lee
February 15 at 4:45 pm
The Japanese exchange Mt. Gox has long been one of the Bitcoin community's most prominent institutions. It has also been one of its biggest PR headaches.
In 2011, the value of a bitcoin soared from less than $1 to more than $32. Much of this trading occurred on Mt. Gox, which found itself unable to keep up with the demand. The servers began to freeze up, helping to trigger a collapse in the currency's value. By November, one bitcoin was worth just $2
Are you out of debt?
2014-03-15 15:18:57 by -If not, get out of debt.
If so, do you have an emergency cash cushion? Enough to pay all your bills for a full year?
If so, consider buying somewhere between a couple hundred and a couple of thousand dollars worth of Bitcoin. Don't invest any more than you could afford to lose. (Don't gamble your rent money...)
Once you have a bit of skin in the game, it becomes a lot more interesting. You're more motivated to learn more about how it works, which merchants are accepting it, where the new ATMs are appearing, etc.
Certainly, you should understand some of the basics before investing significant amounts
Here's his thesis
2014-03-16 09:00:15 by ayn_randAre you out of debt? < - > 03/15 15:18:57
If not, get out of debt.
If so, do you have an emergency cash cushion? Enough to pay all your bills for a full year?
If so, consider buying somewhere between a couple hundred and a couple of thousand dollars worth of Bitcoin. Don't invest any more than you could afford to lose. (Don't gamble your rent money...)
Once you have a bit of skin in the game, it becomes a lot more interesting. You're more motivated to learn more about how it works, which merchants are accepting it, where the new ATMs are appearing, etc