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On December 03 2013 22:11 Ragnarork wrote:
I'm quite perplexed by this, but that just may be because I see Bitcoin as a fuzzy thing that will go down in flames and die eventually... :/
Whether that actually happens or not, it shouldn't really matter for TL so long as they always denominate their prices in USD and never maintain any bitcoin as "cash" (by selling the bitcoins at the same moment they're received).
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On December 03 2013 21:41 boxerfred wrote:Show nested quote +On December 03 2013 21:34 ROOTSasquatch wrote:I once did some free coaching and the guy insisted on paying me 15 bitcoins, I had no idea what they were at the time so when I reformatted my computer I didn't bother saving the wallet  . Seems like so many places are starting to use bitcoins though so It's nice that TL is too! some guy lost his hard drive with the key to a hell of a lot bitcoins. that equaled a loss of more than a million dollars if I remember correctly. you should've kept them 
A different case perhaps, but there has been a story in the news here in the UK recently about a guy who accidentally threw away coins worth around £4 million today (more than $6.5 million).
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i dont get how u gonna earn bit coins? i read the guides etc and still dont get it?
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Bitcoin is misleading currency. Never buy bitcoins (i know i will get alot of hate for this post, care, its the truth).
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Considering all the press I've read about bitcoins I really don't know how to take this, heh.
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when will you accept esportsdollars, i won trillions over trillions during my esports career
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East Gorteau22261 Posts
On December 03 2013 23:05 govie wrote:
Bitcoin is misleading currency. Never buy bitcoins (i know i will get alot of hate for this post, care, its the truth).
The truth can usually be backed up with accessible facts. So go ahead and tell us why you're right.
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On December 03 2013 23:23 Zealously wrote:Show nested quote +On December 03 2013 23:05 govie wrote:
Bitcoin is misleading currency. Never buy bitcoins (i know i will get alot of hate for this post, care, its the truth). The truth can usually be backed up with accessible facts. So go ahead and tell us why you're right.
It just screams bubble and when it pops it could hurt those who are heavily invested in it. However, if TL is selling for USD immediately upon transfer then theres no risk of that happening; even if bitcoins eventually crash it won't end up hurting them
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On December 03 2013 23:27 Pazuzu wrote:Show nested quote +On December 03 2013 23:23 Zealously wrote:On December 03 2013 23:05 govie wrote:
Bitcoin is misleading currency. Never buy bitcoins (i know i will get alot of hate for this post, care, its the truth). The truth can usually be backed up with accessible facts. So go ahead and tell us why you're right. It just screams bubble and when it pops it could hurt those who are heavily invested in it. However, if TL is selling for USD immediately upon transfer then theres no risk of that happening; even if bitcoins eventually crash it won't end up hurting them
The reason we're using bitpay instead of accepting bitcoin directly is precisely because of this - they offer immediate conversion to USD or Euro so there is no risk for us if bitcoin prices fluctuate.
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Poland3756 Posts
On December 03 2013 22:11 Drake wrote:
i am sad knowing friends bought some at few dollar and now they are at 1000 ... i am feeling stupid xD
No it isn't.
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On December 03 2013 23:05 govie wrote:
Bitcoin is misleading currency. Never buy bitcoins (i know i will get alot of hate for this post, care, its the truth).
well when you put it that way...............
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Poland3756 Posts
On December 03 2013 23:03 R1CH wrote:You can buy bitcoins on exchange sites such as www.bitstamp.net
You can also create bitcoins but I believe that unless you have top notch GPU, you will pay more for electricity than earn for making them. Someone correct me - bitcoins are something I still need to investigate.
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On December 03 2013 23:32 nimdil wrote:You can also create bitcoins but I believe that unless you have top notch GPU, you will pay more for electricity than earn for making them. Someone correct me - bitcoins are something I still need to investigate.
The days of consumer mining are long gone. There's no way you can compete with https://bitcointalk.org/index.php?topic=346134.0
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On December 03 2013 23:30 R1CH wrote:Show nested quote +On December 03 2013 23:27 Pazuzu wrote:On December 03 2013 23:23 Zealously wrote:On December 03 2013 23:05 govie wrote:
Bitcoin is misleading currency. Never buy bitcoins (i know i will get alot of hate for this post, care, its the truth). The truth can usually be backed up with accessible facts. So go ahead and tell us why you're right. It just screams bubble and when it pops it could hurt those who are heavily invested in it. However, if TL is selling for USD immediately upon transfer then theres no risk of that happening; even if bitcoins eventually crash it won't end up hurting them The reason we're using bitpay instead of accepting bitcoin directly is precisely because of this - they offer immediate conversion to USD or Euro so there is no risk for us if bitcoin prices fluctuate.
Glad to know
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Nice ! Made the suggestion a while ago. TL is the perfect demographic for btc.
Next step streamers will begin to post a QR code on their twitch page.
Too bad I'm at work, could have been the first TL bitcoin buyer !
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I‘m dying to remember my Bitcoion account.........
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I remember when bitcoin was just getting started and they were worth almost nothing. No one thought it would ever take off, and now the price of 1 single bitcoin is ~$1,000.00! I could be a millionaire right now if I had bought some cheap when I had the chance :/
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EPT
lalala.
