BitCoin

Quote: Ahigh

Here's an idea: you have no idea what BitCoin is.
.

And yesterday you thought Bitcoin was money. Talk about
not knowing what Bitcoin is...

Quote: EvenBob

And yesterday you thought Bitcoin was money. Talk about
not knowing what Bitcoin is...

No I said money (I used the term "market cap") was being created by BitCoin. Big difference bro. But in fact, I never even USED the word "money."

Here's the post where you claim I said bitcoin was money. Where did I say that exactly just so we are talking about the same thing.

Quote: Ahigh

My favorite thing about BitCoin is how so many people (including the media) say stuff that is absolutely untrue about BitCoins and report it as if they actually understand!

It's hilarious!

The resources for understanding BitCoin are all out there for anyone to go and see all the way down to the source code level.

The reason why it hasn't been more valuable, IMO, is because the understanding of the entire system of the BitCoin is so limited from a popular perspective.

Everybody wants to dismiss it and move on, but it's getting harder and harder to do that now as the value of the bitcoin rises.

Interesting stuff. It's like a currency being born watching the market cap of the currency rise from imagination in the anonymous creators' mind to small market cap to billions of dollars.

Look, you aren't that bright, and I feel bad picking on you like this.

But all I am trying to say to you is stop talking out of your butt so much.

But in case you don't already realize this (from the posts that YOU provided) BitCoin is a currency. And the currency of BitCoin represents very REAL money.

Quote: Ahigh

No I said money was being created by BitCoin. Big difference bro.

Look, you aren't that bright, and I feel bad picking on you like this.

But all I am trying to say to you is stop talking out of your butt so much.

LOL! Whatever, 'bro'. Fact is, yesterday you didn't
know the difference between money and currency.

Quote: EvenBob

LOL! Whatever, 'bro'. Fact is, yesterday you didn't
know the difference between money and currency.

You haven't demonstrated that you do as evidenced by these ridiculously flawed comments that do nothing more than to put your ignorance on display!

You totally fall into the huge category of people commenting on the subject without clue 1 about what's going on with it.

Quote: EvenBob

And yesterday you thought Bitcoin was money. Talk about
not knowing what Bitcoin is...

You don't look so hot when you snarkily point out obscure and inconsequential points like this and suggest that someone is an idiot for not knowing the difference. I feel like I am back at the young republican meetings where some guy made a point of always correcting those who incorrectly stated that the US is a democracy rather than a republic.

Quote: bigfoot66

You don't look so hot when you snarkily point out obscure and inconsequential points like this and suggest that someone is an idiot for not knowing the difference. I feel like I am back at the young republican meetings where some guy made a point of always correcting those who incorrectly stated that the US is a democracy rather than a republic.

Just responding to EvenBob at all is evidence of my total lack of intelligence! I am the "D one" here.

Quote: Ahigh

You haven't demonstrated that you do as evidenced by these ridiculously flawed comments

There are some experts who say Bitcoin isn't even
currency, let alone money. Its just a medium of
exchange, and a bad one at that.

http://www.guardian.co.uk/technology/2013/apr/10/bitcoin-not-real-currency-cowrie

LOL, its happening while we type. This article is 45min old.

Bitcoin Bubble Bursting in Real Time on the Internet

http://www.pcmag.com/article2/0,2817,2417649,00.asp

From CNN Money an hour ago:

Bitcoin bubble begins to burst, price plunges 60%

http://buzz.money.cnn.com/2013/04/10/bitcoin-bubble-burst/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29

Quote: Pacomartin

Bitcoin conversion

Is it over already? They dropped from $260 to $150 today (over the last few hours).

Did the market fall? Did Interpol and FBI get involved? Was it a scam or just human nature? Will it rise back up?

I posted on the DTsite.