Bitcoins anyone?

Discussion in Payment Methods started by hanzuke50 • Apr 20, 2012.

  1. hanzuke50

    hanzuke50Member

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    I know it's not the newest craze, but has anyone heard of bitcoins?

    In a nutshell, Bitcoin is an online currency developed by someone whose name I can't recall. It functions on the same P2P principles and technology that powers torrents so it's generally uninflatable, from what I've read, as you can simply "print" more bitcoins.

    I've recently "mined" a few bitcoins (tip: google "bitcoin mining") and are wondering if there are a lot of other sites that accept them? I know a few, but can't seem to find anymore.

    Has anyone had any experience with bitcoins?
     
    #1Apr 20, 2012
  2. SarahLizzie

    SarahLizzieActive Member

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    The only time I have even seen mention of bit coins prior to this site when I was doing research for an article on iWriter. Have you tried using google to find other places that accept bitcoins? I have very little knowledge about them, but I have read that you can earn them for free and concern them into real money so to speak. Do you earn yours for free? Are they beneficial to look into more?
     
    #2May 2, 2012
  3. Linky

    LinkyExpert

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    I have heard of bitcoins. I do not know much about it, however. As yet, I do not know of any sites that take them as payment...but that will probably change in time. It could be revolutionary...or fall flat. Right now, I do not know but I will be looking more into it.

    Will report back once I know more. Interesting thread. Happy mining. (-:
     
    #3May 2, 2012
  4. Zamora91

    Zamora91Member

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    I really don't see BitCoins becoming real currency. No one will really want to trust in something not backed by gold as currency, but I guess you can say the same about the US dollar.
     
    #4May 7, 2012
  5. GGGuardian

    GGGuardianMember

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    I've tried to mine for coins before and failed because my PC is just simply too slow. But from what I read Bitcoin is really starting to get out there and is becoming a more widely accepted payment method across the internet. Happy Mining my friend! :)
     
    #5May 21, 2012
  6. youtubedomination

    youtubedominationMember

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    I believe there's some places where you can sell Bitcoins:

    Log In



    I've actually heard of some people renting a server to mine bitcoins as the sale rate is pretty high.
     
    #6Jul 7, 2012
  7. addicted_buyer

    addicted_buyerExpert

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    I've heard it's the currency used in the "deep web" mostly... sounds interesting!
     
    #7Jul 17, 2012
  8. bryce12

    bryce12Active Member

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    Yes I have heard about them though I have never earned one lol. Here's an interesting development related to bitcoins, soon there will be a bitcoin debit card. Here's the news source

    Log In



    I think debit card would be a great option considering that people are always looking for ways to encash their bitcoin money or buy something from it. I would start accepting bitcoin as payment from my sites once the debit card becomes a reality.
     
    #8Aug 23, 2012
  9. jovan107

    jovan107Active Member

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    I have never heard of Bitcoins, I just learned something new. I wonder how popular this will become in the near future it does seem very interesting.
     
    #9Aug 26, 2012
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