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Los Angeles is having a Bitcoin meeting today!!!
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Nice Idea I'll probably be using this in the future!
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Well then count me in I'll see you guys at the Meetup! |
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Just a reminder that this Wednesday in Santa Monica is a Bitcoin Meetup. http://www.meetup.com/Los-Angeles-Bitcoin/events/123784402/Last month's meetup in Downtown LA had a great turnout and was a lot of fun. I was one of the biggest newbies there, as most people I talked to have been involved in Bitcoin for a couple of years. The group has a lot of developers, miners (or former miners), and people who've owned Bitcoin since it was well under $1 USD. If you're into Bitcoin on any level, come on by, I think you'll enjoy yourself. Can't come if you guys are doing a bar crawl as I'm only 17  |
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Yea come on guys add us on skype!
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Lets get this going soon! Everybody that's interested feel free to message me so I can give you guys my skype name and we can talk on there
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Come on guys lets get a Los Angeles Meetup Started! IF you're interested feel free to add me on skype
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I'd love to see Electrum for Litecoin
Hells yea me too!! |
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Count me in do you guys have skype?
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In a way you could say that it is backed by Fiat Currencies... Think about it you can buy and sell things with bitcoins and what do people do with those bitcoins when they have them? Buy things with them ? Maybe, but the majority of them will eventually exchange it for Fiat. Because lets face it in the physical world there's not alot of places where you can use Bitcoin. Even though i think it's backed by Fiat I personally believe imho that this is still great. Because even though Bitcoin can not replace fiat it provides so many great features for E-Commerce. Bitcoin to me is Virtual Cash and I will be very happy to use in when it stabilizes in the end because of that.  All it takes is one or two supermarket accept bitcoin payment, nowadays large supermarket almost has everything people want in daily life. And the supermarket can pay their employee and sub-contractors with bitcoin Fiat money has been existing for a long time, so most of people don't ask why it still has value after the gold that used to back them were removed 1971 If you are a merchant and everyone have both bitcoin and fiat, you will definitely welcome bitcoin over fiat, but people might want to spend inflative fiat and save deflative bitcoin, so anyway bitcoin will not be used at large scale, it's like some kind of high powered money which seldom used to do the payment, although it has the payment function If bitcoin value always double each year, who will spend them? They will more likely to mortgage them and get a fiat loan to spend In a perfect world Bitcoin would replace fiat. But I think it's gunna take more than 1 or 2 supermarkets for people to use bitcoins. |
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sounds good I like the fact that you can play with your friends on a private table for cash  |
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In a way you could say that it is backed by Fiat Currencies... Think about it you can buy and sell things with bitcoins and what do people do with those bitcoins when they have them? Buy things with them ? Maybe, but the majority of them will eventually exchange it for Fiat. Because lets face it in the physical world there's not alot of places where you can use Bitcoin. Even though i think it's backed by Fiat I personally believe imho that this is still great. Because even though Bitcoin can not replace fiat it provides so many great features for E-Commerce. Bitcoin to me is Virtual Cash and I will be very happy to use in when it stabilizes in the end because of that. |
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So this is only for fun no real money involved?
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To keep out all the scammers and spammers of course. It sucks though having to go through it at first :\
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LMFAO I saw the title and was like what?  haha |
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Hell no but it will rise |
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I think you can do this on Btc-e and coinbase too all you need is a bank account
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Kinda useless don't you think I see this shit on facebook and I hate it
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anxious to start trading again thank you BTC-E for the update
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