Paypal - Purchasing Bitcoins?

danshan · #23 08-28-2014

No it only works with amazon

vogeltron · #24 08-29-2014

The Block Chain is changing the world. GO freaking figure some computer nerd pissed off at central bankers coming up with this stuff. Unbelievable the global phenomenon Cyrpto Currencies have become.

danshan · #25 08-29-2014

What I love is the no issues. No chargebacks not a ton of questions, no limits and ship whatever you buy or sell anywhere. What I hate is it is not cash still needs to be converted to get cash. For trusted sources the best think ever for non trusted sources not even an option. Too extreme

rsot · #26 08-29-2014

Quote:

Originally Posted by vogeltron

The Block Chain is changing the world. GO freaking figure some computer nerd pissed off at central bankers coming up with this stuff. Unbelievable the global phenomenon Cyrpto Currencies have become.

Scary some forumites vogeltron...

vogeltron · #27 08-30-2014

Quote:

Originally Posted by danshan

What I love is the no issues. No chargebacks not a ton of questions, no limits and ship whatever you buy or sell anywhere. What I hate is it is not cash still needs to be converted to get cash. For trusted sources the best think ever for non trusted sources not even an option. Too extreme

Its the extreme volatility that can be troubling. As the network grows I would imagine that it will become less volatile.

danshan · #28 08-30-2014

Quote:

Originally Posted by vogeltron

Its the extreme volatility that can be troubling. As the network grows I would imagine that it will become less volatile.

If you invest in them yes can be an issue but not when use them as a payment method. I use coinbase and as soon as I have its converted to fiat at the current rate.

rsot · #29 08-31-2014

Bitcoin Rate

http://www.coindesk.com/price/

vogeltron · #30 09-03-2014

Quote:

Originally Posted by danshan

If you invest in them yes can be an issue but not when use them as a payment method. I use coinbase and as soon as I have its converted to fiat at the current rate.

In my personal opinion, I don't know if Bitcoin will be the the one who outlasts the rest. However, the Block Chain and Cyrpto is already starting to change the world. Unreal.

rsot · #31 09-03-2014

Haven't heard a ton about Crypto...

sax4 · #32 09-03-2014

Used to buy BTC with PP, ends up being expensive. Better ways to cash out

rsot · #33 09-03-2014

Quote:

Originally Posted by sax4

Used to buy BTC with PP, ends up being expensive. Better ways to cash out

Wonder if the mining of BTC market is still good

danshan · #34 09-03-2014

Quote:

Originally Posted by sax4

Used to buy BTC with PP, ends up being expensive. Better ways to cash out

Like how? For these international guys with no access to us accts

JamesNorth101 · #35 09-03-2014

Quote:

Originally Posted by rsot

Wonder if the mining of BTC market is still good

Not as good as it was a few years back.

Need dedicated equipment now. Used to be able to do it with just laptop.

danshan · #36 09-03-2014

The mining game is over even for alt currency. The electricity being used today for mining is unreal. Mining made sense when btc had speculative value.

sax4 · #37 09-03-2014

Quote:

Originally Posted by danshan

The mining game is over even for alt currency. The electricity being used today for mining is unreal. Mining made sense when btc had speculative value.

I thought about doing it in my country where the electricity is dirt cheap, my bill is usually around $3-4 a month

danshan · #38 09-03-2014

https://alloscomp.com/bitcoin/calculator

rsot · #39 09-03-2014

Quote:

Originally Posted by danshan

The mining game is over even for alt currency. The electricity being used today for mining is unreal. Mining made sense when btc had speculative value.

But 1 BTC is worth quite a chunk of USD these days...or is it because the mining option is exhausted?

danshan · #40 09-03-2014

The mining difficulty is so high in order to make any btc you need to be burning a couple thousand watts to make any btc

vogeltron · #41 09-04-2014

Quote:

Originally Posted by danshan

The mining difficulty is so high in order to make any btc you need to be burning a couple thousand watts to make any btc

Absolutely you have a to have super computer mining rig and cheap energy. If you are Iceland where they have more geothermal energy than they can even use. Bitcoin mining might be attractive. At the current prices lots of people have invested heavy in mining computer rigs. I think they are lucky to be breaking even right now.

danshan · #42 09-04-2014

Cex.io is a decnt option but you have to be careful because the trade value can drop faster than you can mine.

RetroRedneck · #43 09-04-2014

Somebody (on another forum) mentioned buying BTCs off eBay itself, so may look into this. Granted, you'll pay over the odds, but we're talking about utilizing stealth PP and getting coins quickly.

rsot · #44 09-04-2014

Quote:

Originally Posted by RetroRedneck

Somebody (on another forum) mentioned buying BTCs off eBay itself, so may look into this. Granted, you'll pay over the odds, but we're talking about utilizing stealth PP and getting coins quickly.

One way possible to cash out PP then