BitCoin?

Author Topic: BitCoin?  (Read 926 times)

0 Members and 1 Guest are viewing this topic.

Cam

  • Fuck you
  • -Nutter-
  • Posts: 5652
  • Karma: +0
  • I'm a Ninja
BitCoin?
« on: April 29, 2015, 11:25:42 am »
  Anyone using Bitcoin for anything?  I interviewed the CEO of indigogo and he was very high on Bit coin's future for eCommerce.
South Florida BullsTampa Bay RaysOrlando MagicTampa Bay BuccaneersTampa Bay Lightning

John in Nashville

  • 16 in the clip and one in the hole.
  • -Nutter-
  • Posts: 5008
  • Karma: +13
  • Georgetown Sucks!
Re: BitCoin?
« Reply #1 on: April 29, 2015, 11:56:47 am »
Too much speculation and volatility in it right now for my tastes. 
Syracuse OrangeNew York YankeesNew York KnicksNew York GiantsNashville Predators

Cam

  • Fuck you
  • -Nutter-
  • Posts: 5652
  • Karma: +0
  • I'm a Ninja
Re: BitCoin?
« Reply #2 on: April 29, 2015, 12:06:46 pm »
about the volatility of it. The reasonable uses of bitcoin (as of right now) is more for transactions.   Websites that let you use bitcoin to buy stuff, and then the merchants convert it to cash at the end of the day. 

  Like if you are selling t-shirts. you sell a tshirt for $20 or the bit coin equivalent. So its more of saving money on transaction costs,  and less about buying up bitcoin to try and make money off of it(buying low and selling high)
South Florida BullsTampa Bay RaysOrlando MagicTampa Bay BuccaneersTampa Bay Lightning