Have you bought anything with BCs? The California cupcake seller accepting them was a great story, and interesting that they have grown considerably in value must have helped her business too!-- OwenOn Sun, Nov 24, 2013 at 12:26 PM, Giles Bowkett <[hidden email]> wrote:
Hello! I bought some BTC back when they were $40 each. They went down to $10 so I sold them. But then I decided against it and bought 3.475 more, for around $34.75. I sold the 0.475 the other day for ~$337. I obviously now wish I'd bought more when they were $10.My Bitcoins could be diamonds or Beanie Babies, so I don't know if I'm going to retire on them 20 years from now or just think of them as a nostalgic joke. Only time will tell.This is the best (even-handed) thing I've seen recently on Bitcoin:This is the classic (wildly optimistic) thing on Bitcoin, I think:And this is something (handy but not amazing) which I built: http://btcusd.gilesb.com/On Wed, Nov 20, 2013 at 8:07 PM, Owen Densmore <[hidden email]> wrote:Just listened to an NPR discussion of bitcoin. Fascinating! Good for bad-guys, and good-guys.Families sending money to family in Africa, avoiding huge transaction fees for pennies of bitcoin fees.The Silk Road market where you can buy all sorts of illegal things.The third world carries its money in their phones.WikiLeaks who takes BC as their only payment method, due to US pressure on international banking.A Market on the lives of political leaders, on the likelihood of assassination, and guys who get a take of the stakes once they prove they done it.BC is illusive. Like another "bit", bit torrent, it's so distributed and p2p that its hard to get your brain around it.Even the Fed Reserve admires it and is interested in its future.And in terms of legality, it an offense to steal it and a guy is being tried for a ponzi scheme involving BC.And its trading very high against the dollar.Has anyone gotten involved? Got a bitcoin? They interviewed a cupcake business that takes BC and they've made a bundle just on its huge increase in value.-- Owen============================================================
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Giles Bowkett
http://gilesbowkett.com
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