Bitcoins are selling for forgetTONS of money again. - Mt. Gox is down

[Nikolan]

This time they've reached upwards of $600, down to $530 right now. Look at everyone selling them and making stuff tons of money

[Ad Bot]

[K1ng_0f_N0thing]

i never understood bitcoin, it was sort of confusing to me

[Nikolan]

I can't even make out the individual prices

[Ipquarx]

Good lord what

[hankyje]

i never understood bitcoin, it was sort of confusing to me

[Zanaran2]

I don't see why people would spend tens of thousands of dollars on data that doesn't actually exist.

[Renekar]

i never understood bitcoin, it was sort of confusing to me

[AlsoSulfate]

I don't see why people would spend tens of thousands of dollars on data that doesn't actually exist.

stuff brother you handicapped

[PowerDag]

[Harm94]

It is the currency of dark net

Just like the stock market the prices are expected to rise and fall overtime.

[Nikolan]

I don't see why people would spend tens of thousands of dollars on data that doesn't actually exist.

well all the people who invested are making upwards of half a million dollars now sooo...

[Ipquarx]

For those of you who don't know how bitcoins work, your "wallet" that has all of your bitcoins in it consists of lots of numbers; these numbers are a good 150 digits long each and represent a block of bitcoins. In order to get bitcoins, you need these numbers. The only way to get these numbers is either through buying them off of someone else who has them, or to manually check every possible number until you find one that works. That is called bitcoin mining.

[Steve5452]

good lord

[Nal]

I'm listening to this and I just heard a loud "BUDUNNN" sound
good god it scared the piss out of me

[Nikolan]