True. The payout from sports books or state lotto commissions is generally much more reliable than from bit coin hucksters like Mt gox.
No.. I'm investing in it with a long time horizon. Tbh I don't know if the doubters on this thread are actually serious, or are trolling. or maybe they are bitcoin proponents that want an entertaining discussion for the world to read so they keep responding with the same drivel so that I and others respond and create material
while we are on the subject, the bitcoin sportsbook i use gives me instant payouts unlike bodog or 5dimes. Im talking right after the game ends, coins are in my wallet. of course, betting with bitcoin is a gamble in itself. just makes it that much more fun!
you're investing based on an understanding of the utility of the technology (an unforgeable, transnational, digital, decentralized, peer to peer, permissionless accounting ledger) the risk is in whether others will see its value, because bitcoin is only as useful as the size of its network
All the fact based insights are here in this thread perfectly juxtaposed with miseducated fear, uncertainty, and doubt based statements
People don't stop mining Coins from the Island of Yap becuase it's always going to be profitable, the last limestone deposits wont' be mined until 3140. After which miners will make money off of transaction fees
Look at how big that coin is. You know how many smaller increments you could break that down into? Impressive granularity.
Adam Draper's startup, BitQuick.co announced that you can pay for your bitcoin purchase in cash at select Woodforest National Bank branches found in Walmart, Kroger, and Sam's Club
