Introduction To Bitcoins
I stumbled upon this powerful tool while i was surfing this Online Storage Website,the tool promised to be able to create $100 in your liberty reserve acct.Naturally i am inquisitive so i dug deeper and found out that it was uploaded by a Russian whom i believe is a hacker.
Thus then is as inconceivable the notion of the replacement of this age old form of currency, as was the concept of man or woman for that matter, taking to flight. People are used to things. They are comfortable with them. Change is not a boon. It is a burden. Not acceptable a notion is the notion of a currency alteration.
Yesterday, while a number of banks were closed, Bitcoin wallet paper decided to break another major psychological barrier, and is now trading at above $100 USD per coin. At the moment, Bitcoin is trading at $118 USD/BTC. There is very little resistance to further price increases, so expect the price of bitcoin to rise very rapidly over the next few weeks. These are also record highs for the currency. You can watch the price of bitcoin rise and fall here, as well as see what the record books for asks and bids are, which will help you determine how easily it would be to move the price to a certain point.
Cascascius Coins: These are the brainchild of Mike Caldwell. He mints physical coins and then embeds the private keys for the bitcoins inside them. You can get the private key by peeling a hologram from the coin which will then clearly show that the coin has been tampered with. Mike has gone out of his way to ensure that he can be trusted. These are a good investment strategy as in the years to come it may be that these coins are huge collector’s items.
Mike Weeks who made the documentary Drawing Dead Bitcoin Paper Wallet joins us to answer questions about his film regarding online poker Visit Website Download MP3].
12/13: With the Ante Up Poker Tour visiting Red Rock in January, we thought it would be good to have its tournament director on the show to tell us all about the series. [Visit Website] [Download MP3].
Imagine running of a something that never failed to provide you with cash-flow. A system so amazingly profitable that you never had to work for a boss ever again!
Bitcoins are a true 21st century currency. If you want to see how currencies of the future will be like download the Bitcoin client and start mining and trading today.