BitCoin from the USER's viewpoint

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July 21st, 2014 at 6:56:21 PM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 1068
Posts: 12569
Quote: Nareed
I'm thinking it didn't circulate that long. I remember it, but only rather late in the hyperinflationary cycle. Like 90-91. But I might be wrong.


Old peso banknotes
1 peso 1920
5, 10, 20, 50 and 100 pesos in 1925
500 pesos 1931,
1,000 pesos 1931,
---
10,000 pesos 1943,
5,000 pesos 1981,
2,000 pesos in 1983,
20,000 pesos in 1985,
50,000 pesos in 1986 and
100,000 pesos in 1988.

Ceased production
1 peso notes in 1962,
5 pesos in 1971,
10 and 20 pesos in 1977,
50 pesos in 1984,
100 pesos in 1985,
500 pesos in 1987 and
1,000 pesos in 1988

New Peso
All were printed with the date July 31, 1992.
10, 20, 50, and 100 nuevos pesos.

December 10, 1993
The word "nuevos" remained and 500 nuevos pesos were added. All new designs.

etc.
January 10th, 2015 at 11:17:05 PM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 62
Posts: 7831
KryptoFin will be generated for all citizens of Finland, free registration required. So far the income payment is only about thirty cents.
September 20th, 2018 at 12:11:00 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 146
Posts: 25010
I was seriously looking into using Bitcoin
to play on Bovada because there are no
fee's and you can take money out any
time you like.

Then I came to my senses. It's gone
down 9% in just the last 2 weeks.
Why would I do that to myself just
because it's more convenient.
If you take a risk, you may lose. If you never take a risk, you will always lose.
September 20th, 2018 at 12:20:25 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 135
Posts: 18136
Quote: Evenbob
I was seriously looking into using Bitcoin
to play on Bovada because there are no
fee's and you can take money out any
time you like.

Then I came to my senses. It's gone
down 9% in just the last 2 weeks.
Why would I do that to myself just
because it's more convenient.


Because you just buy and convert to cash. Keeps people out of your business. Bovada had a nice bonus for it last I checked.
The President is a fink.
September 20th, 2018 at 12:28:16 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 146
Posts: 25010
Quote: AZDuffman
Because you just buy and convert to cash. Keeps people out of your business. Bovada had a nice bonus for it last I checked.


I've been screwing with this since
Sunday and the whole time it's
upset me. I had a sense of forboding
about it, now that I've decided not
to do it, there's a big sense of relief.
For one thing, that world is loaded
with scammers. And most of these
Bitcoin places want way too much
personal info. A couple of them
wanted a scan of my DL and a
selfie of me holding the DL and
a sign with that days date on it.
Screw that.
If you take a risk, you may lose. If you never take a risk, you will always lose.
September 20th, 2018 at 12:48:19 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 135
Posts: 18136
Quote: Evenbob
I've been screwing with this since
Sunday and the whole time it's
upset me. I had a sense of forboding
about it, now that I've decided not
to do it, there's a big sense of relief.
For one thing, that world is loaded
with scammers. And most of these
Bitcoin places want way too much
personal info. A couple of them
wanted a scan of my DL and a
selfie of me holding the DL and
a sign with that days date on it.
Screw that.


I have not had such a problem, just the same info as a bank account is all a legit place wants.
The President is a fink.
September 20th, 2018 at 1:33:15 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 146
Posts: 25010
And some of the places that are
easy to sign up with, if you read
the reviews they want all kinds
of ID verification once you send
them money. Picture ID's, selfies,
bank routing numbers, secret
codes texted to you. The whole
industry stinks of cheating and
fraud, read some of the comments
about a lot of these places.
It's frightening. The creepy feeling
I've had all week that was telling
me 'do not do this' is gone now.

It's all because this is non regulated
non money. They can legally get
away with murder, and they do.
If you take a risk, you may lose. If you never take a risk, you will always lose.
September 20th, 2018 at 1:44:08 PM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 1068
Posts: 12569
Cryptocurrencies in general have lost roughly 75% since the beginning of the year.

Market Cap: $204.67 billion down from over $831 billion at beginning of 2018
Cryptocurrencies: 1976
Markets: 14002

Iota is still at $0.53, so it didn't get a boost by being chosen by Sweden for their national digital currency.
September 20th, 2018 at 2:01:07 PM permalink
kenarman
Member since: Oct 24, 2012
Threads: 14
Posts: 4470
Quote: Pacomartin
Cryptocurrencies in general have lost roughly 75% since the beginning of the year.

Market Cap: $204.67 billion down from over $831 billion at beginning of 2018
Cryptocurrencies: 1976
Markets: 14002

Iota is still at $0.53, so it didn't get a boost by being chosen by Sweden for their national digital currency.


That currency brings a whole new meaning to the saying "I don't give one iota"
"but if you make yourselves sheep, the wolves will eat you." Benjamin Franklin
September 21st, 2018 at 11:32:37 AM permalink
DRich
Member since: Oct 24, 2012
Threads: 51
Posts: 4944
Quote: Pacomartin


Iota is still at $0.53, so it didn't get a boost by being chosen by Sweden for their national digital currency.


Is Sweden going to use Iota or their own derivative based on the Iota paradigm? I didn't think they were actually going to use the Iota that is currently available.
At my age a Life In Prison sentence is not much of a detrrent.
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