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Author Topic: Bitcoin is about to be featured on CNBC Closing Bell  (Read 1311 times)
john blaze
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April 01, 2013, 08:51:29 PM
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  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.
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battmann
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April 01, 2013, 08:52:50 PM
 #2

You need to buy a bitcoin. I will sell you one if you like.
Akka
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April 01, 2013, 08:53:01 PM
 #3

what is the next action I need to take.

Maybe get some BTC ?  Wink

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giantdragon
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April 01, 2013, 08:56:04 PM
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Try to request some free Bitcoins to get started.
deathcode
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April 01, 2013, 08:59:14 PM
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  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.

Kazu
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April 01, 2013, 09:05:14 PM
 #6

How do you know its about to be featured?

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XXthetimeisnowXX
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April 01, 2013, 09:29:33 PM
 #7

  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. Wink
7) dont sell. untill it gets to 1,000.00
benwoody
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April 01, 2013, 10:01:10 PM
 #8

For those of you who missed it:

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.

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Kazu
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April 02, 2013, 01:16:25 AM
 #9

Its amazing how entirely ignorant they are of how Bitcoin actually works.

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deathcode
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April 02, 2013, 01:35:16 AM
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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.

BIT4BRAIN
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฿itcoin ฿itcoin ฿itcoin


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April 02, 2013, 01:51:41 AM
 #11

Havnt seen it yet, is it on youtube

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MoonShadow
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April 02, 2013, 01:53:10 AM
 #12

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.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
jackofspades
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April 02, 2013, 02:02:34 AM
 #13

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?!

MoonShadow
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April 02, 2013, 02:45:53 AM
 #14

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.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Kazu
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April 02, 2013, 07:05:12 PM
 #15

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.

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April 02, 2013, 07:19:07 PM
 #16

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
Kazu
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April 02, 2013, 07:34:17 PM
 #17

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.

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April 02, 2013, 07:55:11 PM
 #18

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
Kazu
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April 02, 2013, 08:21:12 PM
 #19

He probably didn't know what double spend was so they came up with the counterfeit word to explain it.

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DataPlumber
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April 02, 2013, 08:25:47 PM
 #20

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.  Smiley

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