Bitcoin Forum

Other => Beginners & Help => Topic started by: Raisorblade on December 18, 2013, 10:36:18 PM



Title: Where can we find the precious BTC?
Post by: Raisorblade on December 18, 2013, 10:36:18 PM
Where are they loacated, russia, Uk I'm getting cnfused?


Title: Re: Where can we find the precious BTC?
Post by: odolvlobo on December 18, 2013, 10:43:03 PM
I've heard that it is stored underground at Raja Rao Ram Bux Singh fort in India.


Title: Re: Where can we find the precious BTC?
Post by: zengryT on December 18, 2013, 10:44:39 PM
Where are they loacated, russia, Uk I'm getting cnfused?

At exchanes are available some precious Bitcoins.
You can mine precious Bitcoins with ASIC hardware as well.

In both cases you need money, but worth the precious Bitcoins


Title: Re: Where can we find the precious BTC?
Post by: Exp on December 18, 2013, 10:44:52 PM
Last seen near timbuktu i heard.
Not sure how reliable the source was though


Title: Re: Where can we find the precious BTC?
Post by: Aaroenz0r on December 19, 2013, 12:50:57 AM
at nova zemblaaa!


Title: Re: Where can we find the precious BTC?
Post by: ZetaM3 on December 19, 2013, 01:03:53 AM
What Bitcoin is:  An agreement amongst a community of people to use 21 million secure mathematical tokens--"bitcoins"--as money, like traditional African and Asian societies used the money cowry.  Unlike the money cowry:

    there will never be more bitcoins
    they are impossible to counterfeit
    they can be divided into as small of pieces as you want
    and they can be transferred instantly across great distances via a digital connection such as the internet.


This is accomplished by the use of powerful cryptography many times stronger than that used by banks.  Instead of simply being "sent" coins have to be cryptographically signed over from one entity to another, essentially putting a lock and key on each token so that bitcoins can be securely backed up in multiple places, and so that copying doesn't increase the amount you own.

https://bitcointalk.org/index.php?topic=7269.0