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Old 03-17-2013, 01:38 AM #2080
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Not a bad price for a 1.0
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Old 03-17-2013, 01:41 AM #2081
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Anyone have a hand in bitcoins? I think with my tax return ima throw some money in it
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Old 03-17-2013, 02:39 AM #2082
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Not here.
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Old 03-17-2013, 02:50 AM #2083
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bitcoins?
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Old 03-17-2013, 02:55 AM #2084
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Quote:
Originally Posted by inmylife2415 View Post
That's cuz vapor is for pussies, real men smoke smoke
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Originally Posted by svmeyer View Post
Real men chew Copenhagen
Real men don't need crutches.
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bitcoins?
This. ?
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Old 03-17-2013, 03:46 AM #2085
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http://en.wikipedia.org/wiki/Bitcoin

Digital currency backed by.....nothing.

Bitcoin (sign: BTC) is a decentralized digital currency based on an open-source, peer-to-peer internet protocol.[8] It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009.[1]
Internationally, bitcoins can be exchanged by personal computer directly through a wallet file or a website without an intermediate financial institution.[9] In trade, one bitcoin is subdivided into 100-million smaller units called satoshis, defined by eight decimal places.[4]
Bitcoin does not operate like typical currencies: It has no central bank and it solely relies on an internet-based peer-to-peer network. The money supply is automated, limited, divided and scheduled and given to servers or "bitcoin miners" that verify bitcoin transactions and add them to an archived transaction log every 10 minutes. The log is authenticated by ECDSA digital signatures and verified by the intense process of bruteforcing SHA256 hash functions of varying difficulty by competing "miners." Transaction fees may apply to new transactions depending on the strain put on the network's resources. Each 10-minute portion or "block" of the transaction log has an assigned money supply. The amount per block depends on how long the network has been running. Currently, 25 bitcoins are generated with every 10-minute block. This will be halved to 12.5 BTC during the year 2017 and halved continuously every 4 years after until a hard limit of 21 million bitcoins is reached during the year 2140.[1][10]
Bitcoin is the most widely used alternative currency:[3][11] As of March 2013, the monetary base of bitcoin is valued at over 400 million US dollars.[12][13] The large fluctuation in the dollar value of a bitcoin has evoked criticism of bitcoin's economic suitability as a currency
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Old 03-17-2013, 05:31 AM #2086
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im still lost. lol
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Old 03-17-2013, 06:10 AM #2087
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Thread has over 2000 posts. Continue here: http://www.pbnation.com/showthread.php?t=3951561
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