Recent content by helendouglas

@TheWhiteRabbot420 Cool! You go with the flow,huh. So the price will varies from time to time. Right?

Hi kelly4 , Just to enlighten you, Silk Road is an online marketplace where drugs and weapons could be bought with bitcoin. Bitcoin on the other hand is a “digital currency, created and held electronically”. To know more about bitcoins, take a look at this Bitcoin 101 Infographics or decode it...

Oh, cool! How much is it per BTC? Good to hear that someone here is selling and accepting bitcoin. Actually, businesses all over the world are adopting bitcoin now as mode of payment--http://bitcoindaily.com/hear-ye-businessmen-adopt-bitcoins-today/

Yeah, That's true. BTC's total issuance is limited to 21 million.

I believe China won't totally ban bitcoin. I've heard China is attempting to make bitcoin as their second currency. What can you say about that?

In addition, Bitcoins has 21 million limit which will be likely reached until the year 2140. But the rise in value went nuts. From around $13 it went up to $1000 per BTC. Unstable and unpredictable it may be but I'm optimistic that virtual currency could bring potential benefits in the future.

Yeah, the volatility sucks but the great thing about Bitcoin is that it isn’t regulated by any central authority. Plus, the market value and popularity is on the rise. It even tripled in a week. Very unpredictable I say; if you want to invest, take all the risk!

Silk Road shutdown actually hurt illegal investors. But I've read that deposits, however, were still possible.

I see that more and more people are using bitcoin. But then again, government and central banks warned individuals and businesses and virtual coin holders about the financial risks that volatility that it brings.

What an inspiring story! Who would have thought that BTC can fund your own projects and bring you this far? Anyways, I have this gut feeling that sooner or later, Bitcoins and the rising currencies will possibly help alleviate the economic downturn.

You’re a funny man rory420420! You wish that China will give all those Bitcoins to you? I wish you goodluck! But seriously, I think China is just afraid that Bitcoin could be their biggest rival in town. It was stated in BitcoinDaily that Bitcoin popularity and usage is very high. So, it is...