Just read about a guy who bought $27 worth of bit coins in 2009 and forgot about them. Earlier this year he remembered he had them and they are not worth $886,000.
Source - http://www.theguardian.com/technology/2013/oct/29/bitcoin-forgotten-currency-norway-oslo-home
Anyone dabble in them? |
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By (user no longer on site)
over a year ago
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"Just read about a guy who bought $27 worth of bit coins in 2009 and forgot about them. Earlier this year he remembered he had them and they are not worth $886,000.
Source - http://www.theguardian.com/technology/2013/oct/29/bitcoin-forgotten-currency-norway-oslo-home
Anyone dabble in them? "
Heard of them, some kind of alternative online currency I think |
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By (user no longer on site)
over a year ago
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isnt it like an online black market currency that is pretty much untraceable?
heard you can mine for fragments of them online aswell but it involves crazy amounts of processing from a super computer
bitcoins hold a higher value than gold i remember reading |
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By (user no longer on site)
over a year ago
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"This Dark Web bit sounds like a chat room for Sith Lords and a lost Goth with a spider fetish. 
 "
haha its somewhere that you dont want to go unless you know what you doing believe me, |
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we were recently in Berlin, and a couple of the bars were accepting them as currency. Not sure how that works, but maybe it's catching on in the real world. Hope so, it would mean the end of government/bank controlled currency value viva le revolution!!!  |
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By *nnyMan
over a year ago
Glasgow |
ONE of the world’s largest bitcoin exchanges is offline following reports of the theft of hundreds of millions of dollars’ worth of the crypto-currency.
The Tokyo-based Mt. Gox website is currently unavailable, and all previous posts on the exchange’s social media channels have been removed.
A leaked document from the exchange indicates that around 740,000 bitcoins - worth around $350 million (£210m) - are missing, presumed stolen.
Mt Gox disabled the ability to withdraw coins from the exchange earlier this month, and on Sunday Mt. Gox CEO Mark Karpeles resigned from industry umbrella group The Bitcoin Foundation.
http://www.scotsman.com/business/finance/bitcoin-mt-gox-offline-after-210m-theft-1-3319112 |
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By (user no longer on site)
over a year ago
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Stealing them is one thing, spending them is another. They know exactly which ones have been stolen so they are very traceable.
They are very volatile as far as currency goes, they have halved in value since the exchange company shut down its exchange.
I read a bit about mining them, your processing power is used to check certain files for accuracy, if you find a dodgy one you are rewarded. You could end up spending more on electric than you would be rewarded. |
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