Bitcoin Forum

Other => Beginners & Help => Topic started by: john blaze on April 01, 2013, 08:51:29 PM



Title: Bitcoin is about to be featured on CNBC Closing Bell
Post by: john blaze on April 01, 2013, 08:51:29 PM
  I'm really trying to get caught up with this. I already downloaded a wallet. It took like a whole 24 hours. Now I don't know what to do next, and this forum is so big it's overwehlming what is the next action I need to take.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: battmann on April 01, 2013, 08:52:50 PM
You need to buy a bitcoin. I will sell you one if you like.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Akka on April 01, 2013, 08:53:01 PM
what is the next action I need to take.

Maybe get some BTC ?  ;)


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: giantdragon on April 01, 2013, 08:56:04 PM
Try to request some free Bitcoins (http://dailybitcoins.org) to get started.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: deathcode on April 01, 2013, 08:59:14 PM
  I'm really trying to get caught up with this. I already downloaded a wallet. It took like a whole 24 hours. Now I don't know what to do next, and this forum is so big it's overwehlming what is the next action I need to take.

Ok, now read about the technology. Read about the risks, the volatility. Go to bitcoincharts.com and see the historical price.
Learn about the exchanges, make sure you use double factor authentication.
DON'T TRUST ANYONE AND BUY ONLY FROM PEOPLE YOU KNOW!!! Or people that has been vouched for in the forums. BEWARE OF SCAMMERS!!
You do not want to have a bad experience when you're first starting to get your feet wet.
Bitcoin is awesome if you learn about it and learn how to use them properly.
Have fun and welcome to the forum.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Kazu on April 01, 2013, 09:05:14 PM
How do you know its about to be featured?


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: XXthetimeisnowXX on April 01, 2013, 09:29:33 PM
  I'm really trying to get caught up with this. I already downloaded a wallet. It took like a whole 24 hours. Now I don't know what to do next, and this forum is so big it's overwehlming what is the next action I need to take.

Ok, now read about the technology. Read about the risks, the volatility. Go to bitcoincharts.com and see the historical price.
Learn about the exchanges, make sure you use double factor authentication.
DON'T TRUST ANYONE AND BUY ONLY FROM PEOPLE YOU KNOW!!! Or people that has been vouched for in the forums. BEWARE OF SCAMMERS!!
You do not want to have a bad experience when you're first starting to get your feet wet.
Bitcoin is awesome if you learn about it and learn how to use them properly.
Have fun and welcome to the forum.
YES DO WHAT HE SAID but why buy from some random person he needs to get on an exchange or he could just go to "BITINSTANT"
1) learn
2)wallet
3)bitstamp account
4)bitinstant
5)buy bitcoins with funds oin bitstamp
6) now you have no money but pretend money that is going up. ;)
7) dont sell. untill it gets to 1,000.00


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: benwoody on April 01, 2013, 10:01:10 PM
For those of you who missed it:

http://www.youtube.com/watch?v=y1POVoi9NPk (http://www.youtube.com/watch?v=y1POVoi9NPk)

It's pretty bad.  Just like every other Major News Network broadcast... mostly talking heads who like to talk over one another.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Kazu on April 02, 2013, 01:16:25 AM
Its amazing how entirely ignorant they are of how Bitcoin actually works.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: deathcode on April 02, 2013, 01:35:16 AM
Its amazing how entirely ignorant they are of how Bitcoin actually works.

+1

How is it that people so ignorant like that Pento guy get to be on TV?
You'd think someone who will discuss a topic like Bitcoin, even if he/she are not advocating for it, or are advocating for another commodity (gold), will at least read about the competition to understand it and point out weaknesses.
The guy was afraid of double spending, something that Satoshi addresses right away in his paper about bitcoin, and also talks about hacking, like if nobody is this world has ever robbed a truck/ship/train/house/bank full of gold/fiat
And the other guy points out drugs like if you never see a case full of 100 dollar bills being traded by drugs in the movies.... LMAO...
I mean seriously, any credibility that news channels have left is being tossed out of the window.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: BIT4BRAIN on April 02, 2013, 01:51:41 AM
Havnt seen it yet, is it on youtube


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: MoonShadow on April 02, 2013, 01:53:10 AM
I mean seriously, any credibility that news channels have left is being tossed out of the window.


The really sad part is that is probably not true.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: jackofspades on April 02, 2013, 02:02:34 AM
just watched the vid

was was it that before they even introduced the two guests
i knew which one was going to be pro BTC and the other idiot
guest who probably didnt say one FACT the entire time

good going David Barrett CEO of Expensify haha
even though ive never heard of him or his company before
hes a BTC guy!

good vid btw

ANYONE else who watched it what did ya think?!



Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: MoonShadow on April 02, 2013, 02:45:53 AM
Good lord!  That clip was awful!

What is with these talking head shows?  Not only can they not find detractor that knows what he's talking about, they don't seem terriblely interested in finding a proponant that doesn't seem like he's never made it out of the newbie section here.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Kazu on April 02, 2013, 07:05:12 PM
My favorite part was the bit about "counterfeit Bitcoins." Thats the equivalent of trying to make counterfeit equations or something.

The expensify guy just had this face like WTF.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Gimpeline on April 02, 2013, 07:19:07 PM
Saw the video. Talk about clueless. "I talked to my IT-Department and they wouldent trust it.."
I'm in a IT-department and I say that the guy needs a new fire them and get a department with IT-knowlegde


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Kazu on April 02, 2013, 07:34:17 PM
To be fair its not like you can randomly expect me to trust bitcoin instantly even if I do know a bit about computers, simply because its so complex. I don't find fault with the guy's IT department. However, to then indicate that they are some sort of an uber-good source that proves that BTC is broken or something is retarded.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Gimpeline on April 02, 2013, 07:55:11 PM
I can agree if he is anything like my boss.
Makes up his mind and then asks if it is right, if he gets a negative responce, he ignores it.
On the other hand, if they came up with the "counterfeit" part and all the other nonsense, I say fire them.
Sounds like they haven't looked into it at all


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Kazu on April 02, 2013, 08:21:12 PM
He probably didn't know what double spend was so they came up with the counterfeit word to explain it.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: DataPlumber on April 02, 2013, 08:25:47 PM
To be fair its not like you can randomly expect me to trust bitcoin instantly even if I do know a bit about computers, simply because its so complex. I don't find fault with the guy's IT department. However, to then indicate that they are some sort of an uber-good source that proves that BTC is broken or something is retarded.
Most of my fellow IT department members didn't know about Bitcoin.

Now they'd mostly like me to just shut up about it, already.  :)


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: DataPlumber on April 02, 2013, 08:27:16 PM
To be fair its not like you can randomly expect me to trust bitcoin instantly even if I do know a bit about computers, simply because its so complex. I don't find fault with the guy's IT department. However, to then indicate that they are some sort of an uber-good source that proves that BTC is broken or something is retarded.
Not sure if you meant "you personally", but it's really not that complex.  See my sig.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Kazu on April 02, 2013, 08:40:22 PM
No I meant in general. Of course, I, now, believe BTC. However I didn't the moment I came to know of it, and if my boss had come up to me and said "hey here is this thing called bitcoin, tomorrow tell me what you think of it" I probably would have responded with something along the lines of "I'm not really sure about it, it looks complicated."


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: DataPlumber on April 02, 2013, 08:47:46 PM
No I meant in general. Of course, I, now, believe BTC. However I didn't the moment I came to know of it, and if my boss had come up to me and said "hey here is this thing called bitcoin, tomorrow tell me what you think of it" I probably would have responded with something along the lines of "I'm not really sure about it, it looks complicated."
I hear that a lot: "I'm not sure if I can trust this..."

And that's the neat thing, it doesn't require trust.  The whole point of it is that it's a zero-trust system.  Science and math work, without regard to your level of trust.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: Kazu on April 02, 2013, 09:04:13 PM
No I meant in general. Of course, I, now, believe BTC. However I didn't the moment I came to know of it, and if my boss had come up to me and said "hey here is this thing called bitcoin, tomorrow tell me what you think of it" I probably would have responded with something along the lines of "I'm not really sure about it, it looks complicated."
I hear that a lot: "I'm not sure if I can trust this..."

And that's the neat thing, it doesn't require trust.  The whole point of it is that it's a zero-trust system.  Science and math work, without regard to your level of trust.
I agree completely. I'm just saying that you can't expect people to understand that (what even a decentralized currency IS) instantly.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: honeyguy on April 02, 2013, 09:20:04 PM
The funny thing is bitcoin is tried and true its been working for quite some time now. Great find I'm glad to see this catching the medias attention.


Title: Re: Bitcoin is about to be featured on CNBC Closing Bell
Post by: koobie on April 02, 2013, 09:55:18 PM
I have some respect for Pento, but wow.  Does he take investing advice from his IT team?  The probably read a couple of entries on the wiki and thought they understood the whole BTC world.