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Even if you bought a few last week at 295 you'd be good. Its currently at 395 each. This may be the solution to the world's currency issue but it remains to be seen.Me and my boys were looking into this last football season. They were at like $32 at the time . I'm thinkin about just buying a couple dollars worth and hoping they spike in price like they seem to do a few times a year.
Yeah for sure, I got in a bit after that. Surprised you don't own any as I temember you are somewhat oppressed to fiat currency and wanted to revert back to the gold standard.damn..cats should've copped right when silk road got sacked, bit coins were going for less than a 100 a pop.
A College Kid Made More Than $24,000 Just by Waving This Sign on ESPN
View media item 676746
A college student quickly made over $24,000 just by waving this sign on TV.
Here's the deal: On ESPN's "College GameDay" (an ESPN college football show that's filmed at a different college campus each week) some student held the above sign that has both the Bitcoin logo and a QR code.
A QR code is a visual representation of any kind of information (frequently a URL for a website). In this case, the code represented a Bitcoin wallet.
On Reddit, Bitcoin fans managed to enhance the QR code from the screen in order to identify his wallet, so that people could donate money to him.
Here's one enhancement from Redditor DanielTaylor:
View media item 676760
That allowed people to figure out his wallet address, which is: 1HiMoMgBaAikFHgAt3M4YJtetp4HrnsiXu.
The image made it onto the front page of Reddit and quickly spread across the Bitcoin community. And perhaps sensing an opportunity to turn this into a huge publicity stunt and free ad for Bitcoin (with articles like this one!) the community sent him donations.
The guy received 100 transactions totalling more than 22 bitcoins. At current prices above $1,100 per bitcoin, the kid has made over $24,000.
View media item 676762
A crucial thing about how Bitcoin works is that all transactions are made public, and you can see the number of bitcoins associated with each wallet. What you can't see, however, is the actual person associated with the wallet.
Needless to say, the Bitcoin community was floored.
Here are some folks on Reddit watching, stunned, as the kid's wallet swelled with bitcoins:
View media item 676763
Saw this earlier today.A College Kid Made More Than $24,000 Just by Waving This Sign on ESPN
View media item 676746
A college student quickly made over $24,000 just by waving this sign on TV.
Here's the deal: On ESPN's "College GameDay" (an ESPN college football show that's filmed at a different college campus each week) some student held the above sign that has both the Bitcoin logo and a QR code.
A QR code is a visual representation of any kind of information (frequently a URL for a website). In this case, the code represented a Bitcoin wallet.
On Reddit, Bitcoin fans managed to enhance the QR code from the screen in order to identify his wallet, so that people could donate money to him.
Here's one enhancement from Redditor DanielTaylor:
View media item 676760
That allowed people to figure out his wallet address, which is: 1HiMoMgBaAikFHgAt3M4YJtetp4HrnsiXu.
The image made it onto the front page of Reddit and quickly spread across the Bitcoin community. And perhaps sensing an opportunity to turn this into a huge publicity stunt and free ad for Bitcoin (with articles like this one!) the community sent him donations.
The guy received 100 transactions totalling more than 22 bitcoins. At current prices above $1,100 per bitcoin, the kid has made over $24,000.
View media item 676762
A crucial thing about how Bitcoin works is that all transactions are made public, and you can see the number of bitcoins associated with each wallet. What you can't see, however, is the actual person associated with the wallet.
Needless to say, the Bitcoin community was floored.
Here are some folks on Reddit watching, stunned, as the kid's wallet swelled with bitcoins:
View media item 676763
LTC is the biggest altcoin, an altcoin being any crypto currency that isn't Bitcoin. The values been going up at a decent rate but since MtGox is about to start trading in them, expect to see the value rise soon.Anyone have any info about Litecoins?
https://litecoin.org/
Just by reading the intro on that site it seems like they're easier to mine and accrue than Bitcoins. I looked up the current exchange rate and it's around 30 USD = 1 LTC.
This... I hear bitcoin was a nice investment but a pain to cash out. Anyone have any insight?where or who do you sell these too? so that college kid with $24,000, how does he cash it out???
Bitcoins are a good investment given the fact that they've risen pretty consistently for the past three years. Coinbase is the best site to go through, click the referral link in my sig to get started buying.Whats a good safe site to purchase bitcoins? Is it still considered a smart investment?
Ive got a coinbase account just waiting on verification but I just wanted to know if there was something better. Repped thoughBitcoins are a good investment given the fact that they've risen pretty consistently for the past three years. Coinbase is the best site to go through, click the referral link in my sig to get started buying.