Really, What Is Bitcoin?

[Sheffield]

Can any of you tell me what a Bitcoin is?

No, really. Is it a form of stock, and not really a currency?

Is it a taxable currency? Name a Country that has a taxed currency?

The US Government is very interested right now, so that means a player had entered the game long ago and made money enough to influence people. That means enough to protect an investment, Is that adding legitimacy?

Should I be worried that MTG.OX can't file proper paperwork with Wells Fargo about status as Moneychanger? You'd figure they'd know its a currency, would you not?

On the hardware side, if you preordered 2TH for January, and someone orders 20x that order AND with that fact at over hundred percent difficulty increase per month right now, would you make anything?

Ever heard of Pachinko? Well, not so long ago they paid real money, but regulators said that was gambling. To get around that little caveat, you could trade your earnings for goods. Is a bitcoin not really a 21st century pachinko ball? Why are we not trading in pachinko balls, if all pachinko machines ran on same algorithm? You can buy 10 pachinko machines for less than a BTC, and make more profit at 95% payout.

Does anyone ever want to see a price tag that says 0.000000142?

Has the basic tenet of trust been established with the currency. Lets review.

Silkroad -illicit/greed for suffering
US Congress - illicit/greed for suffering
BitMiners -greed

Seems like two very dirty players in this game. No wonder so much press?

In the light of the great thread split debacle. Is it odd the solution of reverting to a previous version was used in a Tom Clancy book?

[marcovaldo]

Are you a troll?

[Gabi]

It is digital gold.

[Sheffield]

Are you a troll?

No, I'm serious

It is digital gold.

Nice! Now I want to redeem my millionth of a BTC for 1 penny!

[Phinnaeus Gage]

Are you a troll?

No, I'm serious

It is digital gold.

Nice! Now I want to redeem my millionth of a BTC for 1 penny!

Another person who spend his four hour session wisely before being released from Newbie.

Total Time Spent Online:   4 hours and 13 minutes.
Total Posts:   6 posts
Total Topics Started:   1 topics
Number of Polls Created:   0 polls
Number of Votes Cast:   0 votes

The dude is wise enough to game the system to get outta of Newbie with the minimum requirements, proceeding to post five more posts within 13 minutes, not having a clue of what Bitcoin is.

Either an SA clown or is ready to launch a Bitcoin-based website, is my assessment.