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The_Superhoo

Joined: 2/9/06 Posts: 44913
Likes: 1572


Kind of.... bitcoin can be traded like stock, etc as I understand it...


So they could sell it to MANY people on an exchange, though doing so all at once may destroy its value.....


Crypto currency is somewhere between commodity (your rookie card) and actual money (dolla dolla bills yall). Comparing it to stock and other publicly traded items like that is probably more apt.

(In response to this post by FontanaHoo)

Posted: 12/06/2017 at 11:18AM



+0
Current Thread:
 
  
Bitcoin $400,000 according to Mark Yusko -- BrevardHoo 12/06/2017 11:04AM
  The miners are trying to validate prior transactions -- BrevardHoo 12/06/2017 6:24PM
  You mean like the Dutch Tulip? :) ** -- Blah 12/06/2017 2:39PM
  So are you saying Yusko is full of shit or what? ** -- BrevardHoo 12/06/2017 2:35PM
  I think he keeps his own money where he can get it -- Toolie92 12/06/2017 2:41PM
  You are not answering the question: $400k or not? ** -- BrevardHoo 12/06/2017 2:44PM
  On paper? -- Toolie92 12/06/2017 2:54PM
  By fake money do you mean USD? ** -- 2001Hoo 12/06/2017 5:14PM
  USDT -- Toolie92 12/06/2017 5:27PM
  Enjoy the ride -- Toolie92 12/06/2017 3:22PM
  And Oswald didn't shoot Kennedy ** -- BrevardHoo 12/06/2017 3:34PM
  That is not even close to accurate -- CavalierLion 12/06/2017 4:22PM
  Steam just ended Bitcoin support -- Toolie92 12/06/2017 5:36PM
  For every Steam there are a thousand companies paying -- BrevardHoo 12/06/2017 6:35PM
  It has moved way beyond that on the shady scale -- Toolie92 12/06/2017 2:24PM
  What about MasterCard or Amex/Versa? ** -- hooyorkcity 12/06/2017 6:35PM
  Yes and no, I think -- MaizeAndBlueWahoo 12/06/2017 12:25PM
  I think Bitcoin is shady right now..... -- Zhoo 12/06/2017 12:31PM
  Pretty sure Microsoft and Expedia would let you -- BrevardHoo 12/06/2017 12:27PM
  Let me rephrase the last part a bit, actually -- MaizeAndBlueWahoo 12/06/2017 12:30PM
  And technically the case when it comes to the $ too. -- The_Superhoo 12/06/2017 1:22PM
  Just like any other asset that you profit from ** -- Faz d. Hoo 12/06/2017 12:30PM
  Cap gain ** -- BrevardHoo 12/06/2017 12:25PM
  Nope, you're probably right. ** -- Lucius 12/06/2017 11:14AM

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