Bitcoin in Sheffield

[Annie Bynnol]

Its a currency, but instead of paper notes and coins etc, its computer based currency. Websites and other company's are starting to accept bitcoin.

If only I had bought £100 worth last year, it would have been worth £350 today. If I bought them in 2013, it would be worth £3000 now.

 

...and if I had have bought them in 2014 they would have lost a third of their value.

[tzijlstra]

Yeah … Illuminati stuff. Not by sheer coincidence is 'bitcoin' an anagram of 'the onion ring'!

 

Darnit, I never realised that, but now you mention it!

 

---------- Post added 16-09-2016 at 15:00 ----------

 

Its a currency, but instead of paper notes and coins etc, its computer based currency. Websites and other company's are starting to accept bitcoin.

If only I had bought £100 worth last year, it would have been worth £350 today. If I bought them in 2013, it would be worth £3000 now.

 

I had a couple when it first launched (it is my job/interest to stay up to speed with developments so I mined a couple when I first read about it) and somehow lost them. I was desperately trying to work out the password/combo protection I had used once I found out that they were worth a hell of a lot and never did remember. Then the site that held them went under and they are gone forever

[Solomon1]

I had a couple when it first launched (it is my job/interest to stay up to speed with developments so I mined a couple when I first read about it) and somehow lost them. I was desperately trying to work out the password/combo protection I had used once I found out that they were worth a hell of a lot and never did remember. Then the site that held them went under and they are gone forever

 

You mined your own? Respek!

 

Can't you just mine some more?

[pmurtdlanod1]

Darnit, I never realised that, but now you mention it!

 

---------- Post added 16-09-2016 at 15:00 ----------

 

 

I had a couple when it first launched (it is my job/interest to stay up to speed with developments so I mined a couple when I first read about it) and somehow lost them. I was desperately trying to work out the password/combo protection I had used once I found out that they were worth a hell of a lot and never did remember. Then the site that held them went under and they are gone forever

 

you mined a couple???? and your job is to stay up to date and speed on developments??? and you lost the password combo lol schoolboy error:hihi:

and the site has gone :roll: internet moguls are safe then:help:

[tzijlstra]

You mined your own? Respek!

 

Can't you just mine some more?

 

I did, early on when it was easy - a lot harder now, so not really interested!

 

you mined a couple???? and your job is to stay up to date and speed on developments??? and you lost the password combo lol schoolboy error:hihi:

and the site has gone :roll: internet moguls are safe then:help:

 

I admit, almost as much of a schoolboy error as voting Ukip. The exchange I used went down in flames, Mt Gox, google it, it might teach you to stay out of harms way when it comes to things like this.

[Guest]

Excuse my ignorance but can someone educate me on what a bitcoin is?

 

Its a fad, indulged in by people who are on their computers too much. It can't work because the vast majority of people are not overly tech savvy and are therefore alienated by it.

[Misty 8T]

Its a fad, indulged in by people who are on their computers too much. It can't work because the vast majority of people are not overly tech savvy and are therefore alienated by it.

 

"Said a man, sat at his computer"

[I1L2T3]

Its a fad, indulged in by people who are on their computers too much. It can't work because the vast majority of people are not overly tech savvy and are therefore alienated by it.

 

Superbly on message as always Alan. It's almost like you have a set of scripts.

[smiggs]

Its a fad, indulged in by people who are on their computers too much. It can't work because the vast majority of people are not overly tech savvy and are therefore alienated by it.

 

Bitcoin could be used in a similar way to pounds if so desired, if major banks backed the currency. Apparently Barclays is interested.

[Phanerothyme]

Bitcoin is the Napster of cryptocurrencies.