01/01/2014, 06:30 PM
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01/01/2014, 08:34 PM
Syfe Wrote: [ -> ]Also theres tend to get jailtime if caught mining the stuff. Its fools gold basically
Not really.
Bitcoin just has a negative context in governments' eyes because
A. It's untraceable, and completely anonymous
B. People tend to use it for illegal things because of this
You can't get arrested just for having bitcoins, or for mining them
eKusoshisut0 Wrote: [ -> ]weterr123 Wrote: [ -> ]What is this fake bit money stuff? Someone clue me up, in layman's terms lol
I hue'd
01/01/2014, 09:50 PM
Isn't there a risk involved in using Bitcoins?
some users have their Bitcoins magically disappear
some users have their Bitcoins magically disappear
02/01/2014, 10:17 PM
FonFon Wrote: [ -> ]Isn't there a risk involved in using Bitcoins?
some users have their Bitcoins magically disappear
Bitcoins are a one way irreversible transaction. This can be a strength and a weakness. They don't just disappear. Record of every Bitcoin associated with every address is kept (much like a public record) in the blockchain which all computers currently hashing actively build. Coins cannot dissappear, there will always be a record of where they came from and where they went
03/01/2014, 03:54 AM
Another possibility may be to rent some servers if you consider it to be worthwhile.
Can get a dedicated server with okay to decent CPU for $20-50 if you look hard enough and can catch some specials.
Can get a dedicated server with okay to decent CPU for $20-50 if you look hard enough and can catch some specials.
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