(adsbygoogle = window.adsbygoogle || []).push({}); You must login or register to view this content.Tired of banking and the Doller just infalting everyday...you know the price gets higher but the item stays the same??? but heres your savior BITCOINSThe future of the Payment system.



Info on Bitcoin:Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

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The antic of Bitcoin:
IconMobile payments made easy

Bitcoin on mobiles allows you to pay with a simple two step scan-and-pay. No need to sign up, swipe your card, type a PIN, or sign anything. All you need to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology).

IconSecurity and control over your money

Bitcoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.

IconWorks everywhere, anytime

Just like with email, you don't need to ask your family to use the same software or the same service providers. Just let them stick to their own favorites. No problem there; they are all compatible as they use the same open technology. The Bitcoin network never sleeps, even on holidays!

IconFast international payments

Bitcoins can be transferred from Africa to Canada in 10 minutes. There is no bank to slow down the process, level outrageous fees, or freeze the transfer. You can pay your neighbors the same way as you can pay a member of your family in another country.

IconZero or low fees

Bitcoin allows you to send and receive payments at very low cost. Except for special cases like very small payments, there is no enforced fee. It is however recommended to pay a higher voluntary fee for faster confirmation of your transaction and to remunerate the people who operate the Bitcoin network.

IconProtect your identity

With Bitcoin, there is no credit card number that some malicious actor can collect in order to impersonate you. In fact, it is even possible to send a payment without revealing your identity, almost just like with physical money. You should however take note that some effort can be required to protect your privacy.

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Yep this is old news and these are very expensive now

Yeah I'd feel bad for people getting into Bitcoins now, I don't people are going to drop $800 on a single bitcoin. Will admit that I regret not buying them when they first came out and when they crashed this summer.

But hey, they'll eventually go back down in value, within reasonable range and I'll probably buy some then. And then they'll go back up.

No they're not, not when ever 3 months the value fluctuates by hundreds of dollars. Also pretty much the only stuff you can buy with BTC is drugs and VPN's. So you might want to be careful before you invest in them also the only way to turn them into cash is through MtGox which tends to go down everytime people want to sell sell sell their super valuable BTC. (Totally not a scam)

You might want to buy a load of litecoin and hope the value of that skyrockets.

Also, just read you first sentence. "Doller"... stopped reading there.

True. I've known plenty of people who had issues with MtGox. And honestly the only reason why I'd hold onto BTC is just to use it on silk road. Litecoin eh? Plenty of people have mentioned it to me, guess I should check it out soon before that balloons up.

Doller... lold.

litecoin has probably made a fair few people rich

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2013-01-01 - 0.07176 USD
2013-11-23 - 9.98990 USD

$700 worth back in january would now be worth around $100,000

And yep, looks like someone is getting into Litecoin lol.

Are you getting paid in bitcoins to post this?

Kind of a funny joke as the dollar is falling it has no name we can call it what we want.....if your into politics you would get it seeing this you arent.

this is new and exciting.