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Old 04-08-2013, 07:25 PM   #24
themoneycollector
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Join Date: Oct 2008
Location: Hill AFB, UT
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Default Re: Any BitCoin users?

Can't really add much more than what has been said.

I've looked into bitcoins, even tried mining a little bit. Now that it has blown up over the last 2 weeks after Cyprus banking issues, I tried to explain it to a few people.

Usually I get a long pause and then get asked "so it's a virtual currency that has no backing, why would anyone want it" LOL. It's complicated, but definitely still has potential for making money off the recent growth. The bubble has to pop soon though.
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