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hope this is right place to ask,but for years was against btc,not sure is it because basically string of code that reaps in value,or that it seems totally complicated.
Anyway recently decided to buy some btc,and was amazed how quick i managed to do it,literally 10 minutes from setting up to buying small amount as test.
personally think will use it eventually as means of pay since it bypasses so many nuisances and time waste.
Anwyay id imagine someone would of had simillar posts in the past but just curious if many here would use it,or what the opinion.
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Hi cmdline, welcome to IOP sorry I can not help you on this matter in fact I do not even know what btc is LOL and I am not kidding.
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BitCoin.... The wave of the future I'm afraid... Untracable transactions as they are not tied to any conventional g0v3rnm3nt ...
I am looking into grabing a few of them myself, the only thing that really concerns me is the fluctuation rate .. could be one day you have 10 bucks and next week, only 7 remain (not sure of how big the swings are) ....
None the less, it does seem safer that other ways of making payments with no questions asked...
Ice
Semper Fidelis
![[Image: SyAa0qj.png]](https://i.imgur.com/SyAa0qj.png)
USMC
Nemo me impune lacessit
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yes agree that's why i always never really considered it a currency having such fluctuations is mad in daily life,but at the same time it made people millionaires some code that was worth nothing grew into thousand + $ ,the current price is steep,and issues with upcoming changes raise a lot of questions,but at the same time,if thinking short term where one buys it and uses to do transaction same day its perfect,keeping it is another matter that either you lose or gain,but if not speculating or expecting to get rich of it,i think its closest thing to anonymous and easiest way to do transactions.
Since noticed that it moved out of dark webs shadow for quite some time and when dealing with many,seems its an option they are willing to accept.thus no need for middle man,puddling down to wu,all done from comfort of home and speed is usually close to instant.
while seems many have same opinion like i had for years thats its risky,given you can easily be scammed and its sort of hard to understand but,once tried it myself,was amazed how easy whole setup was.
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btc has confused me many times, I prefer not to use it unless I have to. Isold 400 dollar worth of btc and the next week it went up to 700 dollars, crazy stuff
your only as old as the last time you changed your mind !
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well its mental crypto alright,since last few days it hit top like close to 1300$,then few days later its down to 1k,now just day later its back up 100$ .Like its impossible to guess who controls majority,since all mining pools belong to chinesse and few wealthy who hold majority,then issues with news that it might split since there can only be 20mill coins on current model which isnt enough.using it as means to make profit is like gambling,but for other uses seems its way more effective then alternatives which many times add to issues when ordering from around globe.
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thats exactly right, one individual possesses more than 30percent of all btc in existence. Good gig if you can get it, but I just they are old school abc boys trying to grab it
your only as old as the last time you changed your mind !
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actually wouldnt have idea who own majority of coins,theres many legends regarding btc,even inventor Satoshi is name only known.What im certain that chinesse do posses most power to mine it and influence fees,or updates on the network,guess thats one of the flaws i dont like,but imagine whoever developed it didn't imagine it lasting nearly decade and becoming so high cost,since at the end i see it as a medium for transactions,not actual currency.
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Hi, Thanks for the info. Thanks to IOP I learned something new again. I need to get out more LOL.
Sudsy
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(03-22-2017, 01:17 PM)cmdline Wrote: actually wouldnt have idea who own majority of coins,theres many legends regarding btc,even inventor Satoshi is name only known.What im certain that chinesse do posses most power to mine it and influence fees,or updates on the network,guess thats one of the flaws i dont like,but imagine whoever developed it didn't imagine it lasting nearly decade and becoming so high cost,since at the end i see it as a medium for transactions,not actual currency.
I agree, it is definitely more of a medium for transaction , but in theory doesnt one thing become a "form" of currency if you will, if its used in a transaction? Something to think about
your only as old as the last time you changed your mind !
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