View Single Post
Old 10-02-2015, 10:04   #18
MtnGoat
Quiet Professional
 
MtnGoat's Avatar
 
Join Date: Feb 2006
Location: Asscrackistan
Posts: 4,290
Quote:
Originally Posted by battcat View Post
No, I don't.

My point was that the sales of bitcoin are impossible to track and can be done instantaneously.

EDIT:

If I could go back to 2009 when I first became aware of the existence of bitcoin, I might be inclined to mine them. However, crois-le ou non, I don't really care for an excess of wealth.

Investing in bitcoins is somewhat of a gamble now. It is becoming harder to mine them and eventually there will be none left to mine. When this happens new currency will be created in some shape or form.

The first standard exchange rate in 2009 US$1 = 1,309.03 BTC

Today $238.69 = 1 BTC
battcat great explanation on bitcoins. But as Eric Snowden, everything on the internet can be track. It may take longer as you stated. But that is with everything digital and within any financial supporting cell.
__________________
"Berg Heil"

History teaches that when you become indifferent and lose the will to fight someone who has the will to fight will take over."

COLONEL BULL SIMONS

Intelligence failures are failures of command [just] as operations failures are command failures.
MtnGoat is offline   Reply With Quote