Bitcoin @ $904

[Aiad8dWSJKS DF Member Posts:943 Threads:369 Reputation 13]

What really is Bitcoins? I never really got Bitcoins or traded in them, I just don't see the point, like are they untraceable or something?

Well yea I am pretty sure they are anonymous because instead of using an email to pay people, you have an address, like | 3ArmiH2yy5ipEEGcFZMWkwumH6THUGMaSn | On Blockchain, every time someone pays you some Bitcoins, your address changes so it cannot be traced back to anything, however other wallets don't do this I don't think. But yea, 1 BTC today is worth over $900 now so I wish I tried harder to get it while it was easier and cheaper.

Also what is Bitcoin Mining? Is that a way to get bitcoins? Also don't a lot of scams happen because of BTC?

Mining gives you free Bitcoins yes, but well, you only get some satoshi's which are like "cents" or "pence" I guess. So for one of the main mining sites I believe, after like two weeks, I got 13 pence worth of it, so it's not very good.

Also what do you mean by scams would happen? Well I guess they could because its more anonymous but that's why you should always be careful while trading and stuff.

[Sinful You've been purged! Posts:1,430 Threads:300 Reputation 95]

What really is Bitcoins? I never really got Bitcoins or traded in them, I just don't see the point, like are they untraceable or something?

Well yea I am pretty sure they are anonymous because instead of using an email to pay people, you have an address, like | 3ArmiH2yy5ipEEGcFZMWkwumH6THUGMaSn | On Blockchain, every time someone pays you some Bitcoins, your address changes so it cannot be traced back to anything, however other wallets don't do this I don't think. But yea, 1 BTC today is worth over $900 now so I wish I tried harder to get it while it was easier and cheaper.

Also what is Bitcoin Mining? Is that a way to get bitcoins? Also don't a lot of scams happen because of BTC?

Mining gives you free Bitcoins yes, but well, you only get some satoshi's which are like "cents" or "pence" I guess. So for one of the main mining sites I believe, after like two weeks, I got 13 pence worth of it, so it's not very good.

Also what do you mean by scams would happen? Well I guess they could because its more anonymous but that's why you should always be careful while trading and stuff.

Oh okay, thanks for explaining it to me.

[Skryptec 3003 EBG Posts:86 Threads:1 Reputation 6]

I hope it goes up to like 1200, one of the greatest value in the Bitcoin history.

[Tamaki 力 Posts:1,544 Threads:136 Reputation 207]

Think it will reach 1337?

[Nix Emerald Member Posts:1,779 Threads:174 Reputation 76]

Thanks for the info, yeah, I need to buy Bitcoin as soon as possible.

[Thalia Cutest Staff Posts:727 Threads:642 Reputation 54]

Fuck me, its at $909 right now.

This is about the highest its been too.

[lillr0ss DF Member Posts:67 Threads:2 Reputation 0]

yes i think its realm na

[DemonizedHash DF Member Posts:16 Threads:1 Reputation 0]

Holy bump.

Lol what do you people think of Bitcoin being $7k+ now?

[guestuser DF Member Posts:18 Threads:0 Reputation 0]

it will probably go up

[eternaldragon DF Member Posts:17 Threads:0 Reputation 0]

Over 7 grand is insane, some people made huge profits from collecting when it all first started.