Bitcoin Forum
September 28, 2022, 10:36:08 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Not buying bitcoin  (Read 927 times)
JonathanHiggins (OP)
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
June 13, 2011, 08:18:08 AM
 #1

I have come to the conclusion that bitcoin is problematic on many levels, which include buying them, selling them, trading them and storing them, this is before even concluding they are either in a bubble or in a major correction.

Therefore i will not be participating in this, best of luck to those who have/will invest and have made good coin so far.
1664404568
Hero Member
*
Offline Offline

Posts: 1664404568

View Profile Personal Message (Offline)

Ignore
1664404568
Reply with quote  #2

1664404568
Report to moderator
1664404568
Hero Member
*
Offline Offline

Posts: 1664404568

View Profile Personal Message (Offline)

Ignore
1664404568
Reply with quote  #2

1664404568
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1664404568
Hero Member
*
Offline Offline

Posts: 1664404568

View Profile Personal Message (Offline)

Ignore
1664404568
Reply with quote  #2

1664404568
Report to moderator
1664404568
Hero Member
*
Offline Offline

Posts: 1664404568

View Profile Personal Message (Offline)

Ignore
1664404568
Reply with quote  #2

1664404568
Report to moderator
1664404568
Hero Member
*
Offline Offline

Posts: 1664404568

View Profile Personal Message (Offline)

Ignore
1664404568
Reply with quote  #2

1664404568
Report to moderator
ovoskeuiks
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
June 13, 2011, 08:23:51 AM
 #2

Care to elaborate on any of the problems you have had?
I'm sure there are people interested in making bitcoin more accessible
Morna
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
June 13, 2011, 10:24:55 AM
 #3

I have come to the conclusion that bitcoin is problematic on many levels, which include buying them, selling them, trading them and storing them, this is before even concluding they are either in a bubble or in a major correction.

Therefore i will not be participating in this, best of luck to those who have/will invest and have made good coin so far.

Well, it's not for the faint of heart, takes some dedication, knowledge and interest and a nice healthy budget to lose... but yeah, we are nowhere near making it easily accessible yet.

However specifying your problems might make us help and solve your issues and questions.  Wink
sunyag
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
June 14, 2011, 02:37:40 AM
 #4

I would advise a lot of caution for anyone speculating right now. However, participating in the new Bitcoin economy can be done in other ways. This board presents a myriad of them.
tokn
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
June 14, 2011, 02:45:48 AM
 #5

Bitcoin is still in its infancy, and yes there are stuff that could be worked out to make it more mom/pop friendly, but if the pioneers keep using/mining/buying/selling I'm confident it'll evolve into something more.

All it takes is someone with a good idea on how to do something a little better and it'll be that much closer to being adopted...
kwhcoin
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 14, 2011, 03:32:00 AM
 #6

I'm not buying any right now either, but I do find the concept fascinating and think the bitcoin concept can have a huge impact.
samlander
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
June 14, 2011, 03:36:12 AM
 #7

Should you be unwilling or unable to purchase mining hardware to make it economical, I would still encourage you to try mining if you're not into buying bit coins.  My employer has been gracious enough to allow me to mine on my workstation, thereby swallowing my electricity costs, and I have sprung for a reasonable card to mine with..  I am now mining at a rate of 1.5 / day, and am quite happy that i partook in this system.

Agreed that selling can be a hassle and is wrought with some risk, however, should you change your mind... hop onto dalnet and join #bitcoin-help and I will be more than willing to offer and advice that you may need.
royalmage
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
June 14, 2011, 03:41:04 AM
 #8

Bitcoin is just like everything else out there. It takes money to make money. However to your point that they are difficult to trade I must strongly disagree. It takes more time for me to trade any kind of stock or mutual fund than it does for me to trade bitcoins. Also the markets tend to move alot more on a day to day basis, as well as you dont have to continually keep track of your transactions within Mt Gox, only your cash that comes out. All in all its a very easy system to use.
Stardust
Full Member
***
Offline Offline

Activity: 189
Merit: 100


View Profile
June 14, 2011, 08:27:18 AM
 #9

I have come to the conclusion that bitcoin is problematic on many levels, which include buying them, selling them, trading them and storing them, this is before even concluding they are either in a bubble or in a major correction.

Therefore i will not be participating in this, best of luck to those who have/will invest and have made good coin so far.

Your loss.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!