slick1ru2 Posted June 18, 2014 Group: Member Topic Count: 555 Content Count: 14,415 Reputation: 445 Days Won: 13 Joined: 07/25/2008 Share Posted June 18, 2014 http://collegefootballtalk.nbcsports.com/2014/06/18/bitcoin-the-new-name-of-st-petersburg-bowl/ Link to comment Share on other sites More sharing options...
jvwvu Posted June 18, 2014 Group: Member Topic Count: 7 Content Count: 820 Reputation: 5 Days Won: 0 Joined: 07/14/2011 Share Posted June 18, 2014 HELL YEAH! and you can bet on college football and other sports at www.Casinobitco.in and buy bitcoins from www.Bitsimple.com Link to comment Share on other sites More sharing options...
Bane Posted June 23, 2014 Group: Member Topic Count: 0 Content Count: 59 Reputation: 2 Days Won: 0 Joined: 06/23/2014 Share Posted June 23, 2014 A Bitcoin is a fiat currency just like the American dollar... both are technically worth the same amount of money ($0) Link to comment Share on other sites More sharing options...
charsibb Posted June 23, 2014 Group: Member Topic Count: 653 Content Count: 31,049 Reputation: 2,487 Days Won: 172 Joined: 08/30/2011 Share Posted June 23, 2014 A Bitcoin is a fiat currency just like the American dollar... both are technically worth the same amount of money ($0) Yuppers. All fiat currency only maintains its value by collective delusion. It's worth what we THINK it's worth, nothing more. And if our thinking changes, so does the value. 1 Link to comment Share on other sites More sharing options...
SpeedyBull Posted June 23, 2014 Group: Member Topic Count: 44 Content Count: 1,705 Reputation: 221 Days Won: 3 Joined: 01/25/2013 Share Posted June 23, 2014 Technically it isn't a fiat currency. When I am not at work I will dig up some articles explaining what it is and why it is actually a really nifty idea. But basically it is a crypto currency that has a finite amount and more can not be "printed" or made. The value of it will be completely driven by supply and demand. Unlike the USD which is a Fiat currency and can be printed at will. Link to comment Share on other sites More sharing options...
charsibb Posted June 23, 2014 Group: Member Topic Count: 653 Content Count: 31,049 Reputation: 2,487 Days Won: 172 Joined: 08/30/2011 Share Posted June 23, 2014 (edited) Technically it isn't a fiat currency. When I am not at work I will dig up some articles explaining what it is and why it is actually a really nifty idea. But basically it is a crypto currency that has a finite amount and more can not be "printed" or made. The value of it will be completely driven by supply and demand. Unlike the USD which is a Fiat currency and can be printed at will. Yes, more can be created, there's a sort of puzzle, by which more "coins" can be "minted" - the diffculty of the algorithm is what ensures the currency won't lose its value by "running the printing presses" http://en.wikipedia.org/wiki/Bitcoin#Mining Edited June 23, 2014 by charsibb Link to comment Share on other sites More sharing options...
smazza Posted June 23, 2014 Group: Member Topic Count: 9,898 Content Count: 66,091 Reputation: 2,434 Days Won: 172 Joined: 01/01/2001 Share Posted June 23, 2014 i would be happy if usf made any bowl this year Link to comment Share on other sites More sharing options...
jvwvu Posted June 24, 2014 Group: Member Topic Count: 7 Content Count: 820 Reputation: 5 Days Won: 0 Joined: 07/14/2011 Share Posted June 24, 2014 (edited) I have been involved in Bitcoin for a year now, honestly I see it as part of the future payments, very much like a Credit Card, or a better more secure Paypal. Its not a fiat currency, research it and you will be amazed. The blockchain software is priceless, bitcoins are just "credits" for future buying power. Invest in the blockchain. Edited June 24, 2014 by jvwvu Link to comment Share on other sites More sharing options...
Bane Posted June 24, 2014 Group: Member Topic Count: 0 Content Count: 59 Reputation: 2 Days Won: 0 Joined: 06/23/2014 Share Posted June 24, 2014 (edited) I have been involved in Bitcoin for a year now, honestly I see it as part of the future payments, very much like a Credit Card, or a better more secure Paypal. Its not a fiat currency, research it and you will be amazed. The blockchain software is priceless, bitcoins are just "credits" for future buying power. Invest in the blockchain. Unless its backed by something of real value that can't be mass minted or printed (gold, silver, platinum, cooper, rare gems, etc) its a fiat currency. Unless I can take a bitcoin down to a bank or reserve and exchange it for something of real value its a fiat currency. http://www.theverge.com/2014/3/21/5533272/mt-gox-missing-bitcoins The bitcoin is just a complicated fiat ponzi scheme like the USD. Give me gold and silver any day. Edited June 24, 2014 by Bane Link to comment Share on other sites More sharing options...
charsibb Posted June 24, 2014 Group: Member Topic Count: 653 Content Count: 31,049 Reputation: 2,487 Days Won: 172 Joined: 08/30/2011 Share Posted June 24, 2014 I have been involved in Bitcoin for a year now, honestly I see it as part of the future payments, very much like a Credit Card, or a better more secure Paypal. Its not a fiat currency, research it and you will be amazed. The blockchain software is priceless, bitcoins are just "credits" for future buying power. Invest in the blockchain. Unless its backed by something of real value that can't be mass minted or printed (gold, silver, platinum, cooper, rare gems, etc) its a fiat currency. Unless I can take a bitcoin down to a bank or reserve and exchange it for something of real value its a fiat currency. http://www.theverge.com/2014/3/21/5533272/mt-gox-missing-bitcoins The bitcoin is just a complicated fiat ponzi scheme like the USD. Give me gold and silver any day. LOL Gold and silver only have real value if you're a dentist, or printing circuit boards, etc. Diamonds are only good if you're making drill bits or cutting blades, etc. Give me cattle or wives, FTW!!! Link to comment Share on other sites More sharing options...
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