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Now accepting Bitcoin payments

Topic closed. 48 replies. Last post 3 years ago by Gleno.

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psykomo's avatar - animal shark.jpg

United States
Member #4877
May 30, 2004
5118 Posts
Online
Posted: May 30, 2014, 5:00 pm - IP Logged

It's an exciting time for Bitcoin.  I really hope it continues to grow in popularity, because it is a wonderful idea that makes it easy to spend money either in person or over the Internet, and cuts out banks and other financial institutions just like paying someone in cash.  The only thing holding it back are governments that want to CONTROL the money supply and their citizens.  Bitcoin represents freedom and privacy.

Like D >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>CHANGED>>>>>>>>>>>>>>###############>>>>>

U^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^WORKED>^^^^^^^^^^^^UR>>>>>>>>>>>>ASSET-OFF!

    Gleno's avatar - Lottery-001.jpg
    New Jersey
    United States
    Member #80354
    September 25, 2009
    705 Posts
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    Posted: May 31, 2014, 6:35 am - IP Logged

    Did not know we could buy Bitcoins in smaller increments.

    So folks in other parts of the world buy them using their native currencies and we pay in dollars.

    Being a Digital currency, it is easier to calculate and fluctuate its value by the Bitcoin Exchange Operators. 

    Does  Bitcoin use Fourex to calculate the different values of currencies to their medium of exchange???? 

     

    This is going to be a long learning curve ... 

    Thinking of...

    Thanks  MR.N for this lesson, it was very informative.

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      23260 Posts
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      Posted: May 31, 2014, 7:10 am - IP Logged

      There are various exchanges setup that determine price based on market demand.  For example, BitStamp.  Incidentally, the price shot up to $620 per Bitcoin within the past day.

       

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      What grade did your lottery earn?

       

      Sign the Petition for True Lottery Drawings
      Help eliminate computerized drawings!

        Gleno's avatar - Lottery-001.jpg
        New Jersey
        United States
        Member #80354
        September 25, 2009
        705 Posts
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        Posted: May 31, 2014, 8:35 am - IP Logged

        5/31/14   8:35 A.M.

        Thanks Todd for the BitStamp info.