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Interesting article for those interested in Bitcoin.
Anyone have any? I don't and have never thought about getting involved. I'd be interested in hearing other points of view.
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Thread: Bitcoin: One Investor's Story
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12-03-2013, 11:50 AM #1
Bitcoin: One Investor's Story
"He's a little bit ball-dominant, he needs to have the ball in his hands, and he's not a good shooter." Ball-dominant … isn't that a nice way of calling someone a ball hog? Where is my Jay Bilas Thesaurus?
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12-03-2013, 12:23 PM #2
- Join Date
- Mar 2011
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This weekend, Bomani Jones tweeted: I like my money to have an army behind it.
It just seems too volatile.
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12-03-2013, 12:25 PM #3
Buying an unbacked "currency" is like Amway, but without the good parts. For every dollar "made" in Bitcoins, someone else lost that dollar.
The guy who wrote that still hasn't learned a thing, because he is referring to his gamble as an "investment"."Give a toast to my brother, hug your family, and do everything possible to live the life you dream of. God Bless."
-Matt McCormick
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12-03-2013, 12:34 PM #4
Some guy just through out a hard drive worth several million dollars in bitcoin currency.
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12-03-2013, 12:35 PM #5
Bitcoin, beanie babies, baseball cards, : beets, bears, Battlestar Galacta
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12-03-2013, 12:44 PM #6
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- Oct 2013
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- 132
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12-03-2013, 12:49 PM #7
I personally don't view it as a currency. Others might, but if I can't physically possess it, then it's not a currency to me.
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12-03-2013, 01:00 PM #8
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12-03-2013, 01:11 PM #9
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12-03-2013, 03:15 PM #10
I still don't think I really understand how it works. It's just a fictional 'currency' that is not backed by anything or recognized by any government as legal tender, right? There's no way to take your bitcoins and buy a car or anything, unless you find some other idiot that wants to sell you their car for your bitcoins, right?
Eat Donuts!
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