FULL STORY: Bitcoin

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Crime Beat TV

Crime Beat TV

Күн бұрын

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@kurttrach6078
@kurttrach6078 8 жыл бұрын
i don't support drugs. but bitcions shouldn't get a bad rap for drugs and other stuff. because the american dollar is used for the same things
@emmyokeke2769
@emmyokeke2769 7 жыл бұрын
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@emmettroy1460
@emmettroy1460 7 жыл бұрын
Can you send me some BTC? I want to check out how it works. 1BM1nqQxa2yJt6WPAogxrEftUX9kPuMMii I'll pray for you (for real). Thanks! kzbin.info/www/bejne/bKW6pYepq9J7gMk
@herbertneal8723
@herbertneal8723 7 жыл бұрын
You think you are filthy rich? Show me! 1BM1nqQxa2yJt6WPAogxrEftUX9kPuMMii Thanks
@YouLostTheGame97
@YouLostTheGame97 10 жыл бұрын
Before saying "BitCoin isn't real money" ask yourself what "real money" is and why it is "real"
@Fl1ppy234
@Fl1ppy234 10 жыл бұрын
I don't wanna spend 600 some US dollars on 1 bitcoin either, makes me feel poor.
@THEJOKEYJOKER
@THEJOKEYJOKER 10 жыл бұрын
real money is gold and silver :3
@YouLostTheGame97
@YouLostTheGame97 10 жыл бұрын
Yassine Ben As a way to store value they're fine, but terrible if you want to go out and spend them because they're so heavy and it's difficult to buy a piece of gum when you have a ton of gold. Also they get their value from scarcity which if one day we figure out how to mine Asteroids Gold and Silver will become almost worthless. In short, Gold and Silver have their problems too.
@THEJOKEYJOKER
@THEJOKEYJOKER 10 жыл бұрын
YouLostTheGame97 gum shud be given for free lol , anyway i got u ;)
@THEJOKEYJOKER
@THEJOKEYJOKER 10 жыл бұрын
YouLostTheGame97 then maybe we shud buy the gum with a metal coin that has the same value as a gum !
@rabotlhokotlhabane9546
@rabotlhokotlhabane9546 9 жыл бұрын
Indeed BitCoin is the future , the era and generation are changing .
@valeeshahamiora306
@valeeshahamiora306 7 жыл бұрын
Banks OVERCHARGE! & thought well Nobody can do anything about it so Heheheh! Then SOME Gods Gifted person who shall be identified as SATOSHI NAKAMOTO of the Japanese Pacific Islands created BITCOIN to put the middle finger up the Banks! & we are soooo grateful that we don't have to pay the 2.5% on Fiat money being deposited from international place & Bank Admin fee of $100 plus ? and Currency conversion blah blah & whatever other fee or costs that the banks want to charge us! YES! & THANK YOU! E uakauetai ana! SATOSHI NAKAMOTO! To spend ANY Bitcoins You must first have a BTC Wallet like Blockchain or Coinbase, You can join Coinbase here >>> www.coinbase.com/join/58b0f4a06d5c5f02e64411c8 Some People Use Local Bitcoin Wallet but there have been discrepencies on the use of the RECIEVE Wallet address ID so be Careful that Your Recieve Wallet address works! Test it with a Friend. Then You can Buy BTC by trading or mine BTC/Bits to Your BTC Wallet RECIEVE Address. To cash Out Coinbase use a "SHIFT" card which acts like a Debitcard where You can Withdraw from Your Coinbase Wallet to Your SHIFTCARD linked account and spend it through Your SHIFTCARD at Eftpos outlets, Pay Wave or withdraw at an ATM. Some people use the Coinbase Mobile Smartphone App. Downloadable through Google PlayStore. And Spend through Your phone.
@MattMzansi
@MattMzansi 7 жыл бұрын
Glad you made this comment 2 years ago, cause guess what...you're right. It's here guys! In South Africa, one of our biggest shopping retailers is accepting Bitcoin as payment. The change is here :)
@roncheaters
@roncheaters 3 жыл бұрын
Wow look how cheap those coins were back then.
@NickSal310
@NickSal310 9 жыл бұрын
Cryptocurrency will make you rich
@thepoptropicashow
@thepoptropicashow 7 жыл бұрын
Right you were!
@matudavis6034
@matudavis6034 4 жыл бұрын
@@thepoptropicashow Even more right now :)
@obvit2strokecommunity
@obvit2strokecommunity 9 жыл бұрын
thank you MMM Global and BTC.....LONG LIVE ALWAYS #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #BitcoinReview #BitcoinNews
@CryptoKevin
@CryptoKevin 8 жыл бұрын
And how many trillions of Dollars have been used in transactions for illegal drugs? That's not a reason not to use or invest in Bitcoin.
@fatmawatiaza9141
@fatmawatiaza9141 9 жыл бұрын
mmm global thank u ...mmm global se muze bahut kuch mila hai aur isase main bahut khush hoon #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@josephxpachuau6740
@josephxpachuau6740 5 жыл бұрын
wow I should've watch this earlier 🔥
@sujitmhaske7446
@sujitmhaske7446 9 жыл бұрын
mmm global thank u ...mmm global se muze bahut kuch mila hai aur isase main bahut khush hoon. #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@rampatil3594
@rampatil3594 9 жыл бұрын
mmm global thank u ...mmm global se muze bahut kuch mila hai aur isase main bahut khush hoon
@shinealimec
@shinealimec 8 жыл бұрын
This video is really nice. It gives a balanced view of the Bitcoin.
@Gamah1991
@Gamah1991 10 жыл бұрын
14:40 Bitcoin operates by known, open source, majority rules... Banks operate by a very slim minority rule.
@nelsonkiiru7252
@nelsonkiiru7252 11 жыл бұрын
Power to the people by giving the control of money to them that's why the banks are scared of them and plus they Bitcoin founder's are taking the banks power, prestige and control. Way to go!!!
@googleletter4812
@googleletter4812 9 жыл бұрын
mmm global thank u ...mmm global se muze bahut kuch mila hai aur isase main bahut khush hoon #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@jianzhou7989
@jianzhou7989 9 жыл бұрын
Bitcoin is another money, join us GLOBAL MMM klik #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@dragoncrypto6709
@dragoncrypto6709 9 жыл бұрын
+jian zhou Why not get started with free bitcoins - no risk/money needed freebitco.in/?r=33911
@alexmbrennan
@alexmbrennan 9 жыл бұрын
1:34 "No delay", 2:35 "In split seconds" Except that it takes an hour to clear transactions, so unlike real payment systems like Mastercard you can't use this to accept payment for e.g. coffee. You might as well go back to trusting customers to mail you a check when they get home
@kanokponsriboonruang9217
@kanokponsriboonruang9217 9 жыл бұрын
Thank MMM Extra Program is Good Community #MMMGlobal #MMMExtra #BItcoin #Bitcoins #BTC #BitcoinReview #Bitcoinnews
@吴美华-l4v
@吴美华-l4v 8 жыл бұрын
MMM这个平台真的是太好了,带领我们赚到很多的财富。真心的感谢MMM这个平台。 #Myanmar, #MMM_Myanmar, #BTC_Myanmar, #Mavro_Myanmar, #MyanmarBTC
@newservicenetwork1630
@newservicenetwork1630 9 жыл бұрын
Yes We Love BitCoin Very Easy To Send Money Online All Over The World Any Time Any Where BitCoin is The Future #BitCoin #Future #Currency
@realloreal
@realloreal 8 жыл бұрын
Bitcoins get a bad rap. I'm gonna start using BITCOINS
@jigargreenday
@jigargreenday 8 жыл бұрын
100% gurantee
@christwoodyhussar6336
@christwoodyhussar6336 8 жыл бұрын
The bitcoin is limited to 21 million in existence at a time. As the processing power of Bitcoin mining machines increases the value of each trillionth hash goes down. They won't increase the number of bitcoins allowed to exist at a time. So miners have to process more and more to earn money. The bitcoin machines sell and, the companies pay a share to banks. The banks get commoners to do the work of processing. Instead of having to pay the thousands of employees and, buy the dozens of buildings and, millions of dollars worth of computers and software and, maintenance cost for all that. Instead of incurring the billions in cost they actually make a profit. We do the work. No matter how much the requirement of data processing increases the banks will have all the cyber slaves they need to handle it all because of bitcoin mining. The only way it's even remotely profitable is when your machines are solar powered because of the power cost. Even in that situation it still makes a hell of a lot more sense to sell the power back to the power company and just make money that way. So spread the word. Even in the most legitimate of circumstances bitcoin is an obvious con.
@christwoodyhussar6336
@christwoodyhussar6336 8 жыл бұрын
And don't even think about using Gpu's. A few hundred S7 miners could process more than all the Gpu's on earth put together.
@TheEdquito
@TheEdquito 8 жыл бұрын
she said use, not mine. at the current rate it is expected that all bitcoins would be mine by 2140s. long after we are dead and another currency takes over
@valeeshahamiora306
@valeeshahamiora306 7 жыл бұрын
Banks OVERCHARGE! & thought well Nobody can do anything about it so Heheheh! Then SOME Gods Gifted person who shall be identified as SATOSHI NAKAMOTO of the Japanese Pacific Islands created BITCOIN to put the middle finger up the Banks! & we are soooo grateful that we don't have to pay the 2.5% on Fiat money being deposited from international place & Bank Admin fee of $100 plus ? and Currency conversion blah blah & whatever other fee or costs that the banks want to charge us! YES! & THANK YOU! E uakauetai ana! SATOSHI NAKAMOTO! To spend ANY Bitcoins You must first have a BTC Wallet like Blockchain or Coinbase, You can join Coinbase here >>> www.coinbase.com/join/58b0f4a06d5c5f02e64411c8 Some People Use Local Bitcoin Wallet but there have been discrepencies on the use of the RECIEVE Wallet address ID so be Careful that Your Recieve Wallet address works! Test it with a Friend. Then You can Buy BTC by trading or mine BTC/Bits to Your BTC Wallet RECIEVE Address. To cash Out Coinbase use a "SHIFT" card which acts like a Debitcard where You can Withdraw from Your Coinbase Wallet to Your SHIFTCARD linked account and spend it through Your SHIFTCARD at Eftpos outlets, Pay Wave or withdraw at an ATM. Some people use the Coinbase Mobile Smartphone App. Downloadable through Google PlayStore. And Spend through Your phone.
@mokahless
@mokahless 11 жыл бұрын
Lol @ 14:43. Clearly this guy doesn't understand Bitcoin, as he unknowingly gave it a perfect description. "issued by a system that is working according to known rules" In reality he is trying to talk about our current system. Ironically, that statement is more true about Bitcoin than it is about our current system.
@missingpieces6799
@missingpieces6799 4 жыл бұрын
Now btc is reported daily on the news being adopted by PayPal 😂
@muhammadfarisahmadazmi9018
@muhammadfarisahmadazmi9018 9 жыл бұрын
MMM Global is the best program real money 100% permonth #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@HalkerVeil
@HalkerVeil 11 жыл бұрын
Lol @ Bitcoin being criminal. You can do the same with cash. Maybe you should ban cash too.
@najwan2228
@najwan2228 9 жыл бұрын
Terima kasih MMM Extra atas program nya, sehingga hidup saya makin sejakhtra. Jika berfikir kesejakhtraanMMM Global memberikan profit 20-100% dgn menyelesaikan tugad extra setiap hari, dan transaksinya memakai Bitcoin #MMMGlobal #MMMExtra #Bitcoin #News #Bitcoins #BTC
@MMM-fd2yl
@MMM-fd2yl 9 жыл бұрын
MMM超級棒超級好創造財富自由 #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@jhoojho8062
@jhoojho8062 9 жыл бұрын
MMM global, MMM extra 100 per mont the best!.. solusi for financial modern #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@李来弟-e8g
@李来弟-e8g 9 жыл бұрын
MMM是一个特棒的一个平台,有爱互助的一个平台。 #MMMGlobal#MMMExtra#Bitcoin#Bitcoins#BTC#BitcoinReview#BitcoinNews
@dragonmining7004
@dragonmining7004 8 жыл бұрын
A great video on how Bitcoin is making real people real money! Dragon Mining gives this video a thumbs up!
@jordankittle6469
@jordankittle6469 10 жыл бұрын
Bitcoin's latest believer: Microsoft. Some of the people in these comments should hate less and learn more.
@abdulajiz3389
@abdulajiz3389 9 жыл бұрын
MMM Global merupakan Komunitas Financial yang bagus dewasa ini. #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #BitcoinNews
@caiyun2845
@caiyun2845 9 жыл бұрын
Bitcoin has no central bank, no delay when sending money, and little, if any, transaction fees. And while many still may not consider Bitcoin 'real money', it's making some people really rich. For more info #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@tax-man
@tax-man 8 жыл бұрын
Well, nowsdays, that would be a pretty damn expensive coffee.
@tabrialva7231
@tabrialva7231 9 жыл бұрын
terima kasih MMM Global, dengan program MMM Extra nya telah memberi kesemoatan kepada saya utuk mendapatkan reward hingga 100% per bulan. luar biasa MMM Global adalah komunitas keuangan global terbaik saat ini #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@batta701
@batta701 9 жыл бұрын
mmm global is a very good company its pay 100% per month #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #BitcoinReview #BitcoinNews
@Challenge9000
@Challenge9000 7 жыл бұрын
2:42 ~ Dude pays for his drink with 0.0353 BTC...which is now $103.27 USD as I write this.
@rifqiroshdi
@rifqiroshdi 3 жыл бұрын
1821USD now
@vrnca.s
@vrnca.s 3 жыл бұрын
It’s 58k now 😅😅😅
@dr.thamizhanbana1251
@dr.thamizhanbana1251 9 жыл бұрын
Mmmglobal is a good helping community #mmmglobal #mmmextra #bitcoins #bitcoin #BTC
@shiwaniverma4948
@shiwaniverma4948 9 жыл бұрын
#HashTags: #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews mmm global os best join now and earn 100% growth p.m grow your bitcoins also
@tomaszgolec7078
@tomaszgolec7078 7 жыл бұрын
Bitcoin is safe? Gold and silver is safe. Bitcoin is a gamble.
@kellerr13
@kellerr13 9 жыл бұрын
Bitcoin depends on the blockchain and that depends on the electronics and communications, which the governments and banks are now seizing control of. It's not out of reach to government or banks.
@bernardmailman8018
@bernardmailman8018 5 жыл бұрын
Who's watching this in 2045?
@raduandrei1289
@raduandrei1289 9 жыл бұрын
What is there to stop an individual or organisation from hoarding the currency, thus making it unusable?
@crincon
@crincon 9 жыл бұрын
***** I've found it helps to think of bitcoin as gold. As in, if we were still using gold as money, instead of fiat currency. So, what stops an entity from hoarding all the gold in the world, thus making it unusable as money? Well, they'd have to somehow take it from everyone who has gold stashed somewhere in the world. They'd also have to either acquire all the output from the world's gold mines, or shut them down somehow, to stop "new gold" from entering the economy. Both prospects sound quite unrealistic, really. Didn't work that well for Goldfinger, ha. That said, it is quite possible for very wealthy entities to hoard significant chunks of the gold in circulation (or bitcoin, for that matter), in some well known scenarios, which would cause deflation, which many if not most economists warn that it'd be a big problem (me, I can't say I'm sure, one way or the other). But in general, I think an economy based on bitcoin would share both the pros and cons of one based on gold. It's pretty much the same mechanics.
@raduandrei1289
@raduandrei1289 9 жыл бұрын
***** As flawed as an analogy as one could possibly make - for obvious reasons such as being a lot easier to gather bitcoins then gold. And even one couldn't, you can't live on reputation alone - meaning, if you have it stashed somewhere you might as well not have it at all. Bitcoins have also a finite, known cap, unlike gold - ties into the previous point.
@crincon
@crincon 9 жыл бұрын
***** Huh? "Gathering" bitcoins is not easy at all! These days, you can't really create bitcoins on a personal computer, it takes industrial computing power, which translates in large investments in hardware and power. Further, as more computer power becomes available to the bitcoin network, the network "tunes" itself, increasing this difficulty even further so that the rate at which new coins are generated remains constant. This is the reason why we can predict the year in which we'll reach the limit. "Mining" bitcoins _is_ like mining gold: it is hard work, requires specialised facilities and workforce. It is rewarding to those who undertake these efforts, but the vast majority of people who own bitcoins have not and will never do this kind of work themselves, much like the vast majority of people who own gold have never even seen a gold mine. And no, mate, the gold supply is quite finite. Of course, unlike bitcoins, we don't know exactly how much gold exists in the Earth, but it has been estimated by scientists. I seem to recall figures to the effect that, in the history of humanity, we have mined about 150,000 tonnes, and there remains only some 50,000 to be found in the Earth - to which is quite harder to get now than it was for the ancients. See, over time, finding "new gold" becomes ever more difficult and expensive - just like "finding new bitcoins." And this is the exact reason why economists point out that gold is a deflationary currency: gold is produced much more slowly than economies grow, so the same amount of gold ends up representing more and more wealth, so the value of gold rises over time, which is to say that prices drop. And this is exactly the case of bitcoin - by design. Think about it. You will find it is a very apt analogy indeed. EDIT: As for your original point, again, one entity cannot hope to hoard all the bitcoins for the same reasons one entity cannot hoard all the gold. That said, there _is_ some incentive to hoarding, it comes from it being a deflationary system, so a hypothetical economy based on bitcoin would have to deal with that, like gold-based economies did.
@devyhandy372
@devyhandy372 9 жыл бұрын
MMM Global memberikan income 100% setiap bulan melalui Bitcoin, aktifitas menjadi nyaman dan aman. #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #BitcoinReview #BitcoinNews
@johnsergei
@johnsergei 8 жыл бұрын
3:10 " Governments acoustomed to paper money, controlled by the banks ? Well, money is controlled by the banks ( private banks with private interests ( & billions of $ interest PA) but national currencies are now 97% digital i.e. in computers alone.
@rameshkulkarni6527
@rameshkulkarni6527 9 жыл бұрын
Thanks MMMglobal giving an opportunity to earn monthly 20%to100%.to its participants. Great work. Long Live MMM. #MMMGlobal#MMMExtra#Bitcoin#bITCoins#BTC#BitcoinReview#BitcoinNews
@officialbitcoin
@officialbitcoin 10 жыл бұрын
"Bitcoin has no delay when sending money" Are you using the same Bitcoin that I'm using or what? It takes like 10 hours or something before the Bitcoins are fully verified, 'no delay' my arse.
@Humzz
@Humzz 3 жыл бұрын
This comment aged well . I see you into Bitcoin now . 😂😂😂
@jes9130
@jes9130 4 жыл бұрын
The question now is, are they happy spending that bitcoins for a cup of coffee?
@thomasalfa456
@thomasalfa456 9 жыл бұрын
MMM Global adalah komunitas bisnis online yang tersebar di seluruh negara di dunia. Misi MMM Global adalah untuk menyejahterakan anggotanya dengan prinsip saling menolong sesama partisipan.. Segeralah bergabung sekarang juga di MMM Global... #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@SuperNovaJinckUFO
@SuperNovaJinckUFO 8 жыл бұрын
The real threat that banks pose to the economy credit. Banks loan out money to consumers so that they can afford something (such as house house or a car) and then charge interest for that money in order to make a profit. What happens is, when too many people take out loans are don't pay them back, the market crashes (since the banks are unable to support people who want to purchase something, anymore). When the market for something crashes, money stops flowing through that market, and large amounts of people loose money. When that happens, other markets crash, and the economy goes into a recession. The fact that Bitcoin does not use bank notes or checking accounts doesn't change anything. There are still going to be loans, and there are still going to be paper assets. What's worse about Bitcoin, is that Bitcoin itself is a market that can crash. Most major world currencies have a bit of a buffer in that the central banks can manipulate the market, such that value of it does not go out of control. I'm not saying that the system we have is good, but Bitcoin would hardly be a solution.
@蘇瑞德-q8q
@蘇瑞德-q8q 9 жыл бұрын
#MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews 感謝MMM 所給的幫助
@sharperguy
@sharperguy 11 жыл бұрын
"Some countries have made it illegal" umm really?
@TwoMoSmoka420
@TwoMoSmoka420 11 жыл бұрын
Thailand, they can't stop bitcoin, but they can stop you trying to buy it on a exchange that accepts your fiat currency.
@poohporter43
@poohporter43 11 жыл бұрын
Please explain this to me. Your still dealing with the banks because your paying for the bitcoin with the dollar. This doesnt make sense. Who came up with the conversion of dollar to bitcoin.
@pinkcatfish0000
@pinkcatfish0000 11 жыл бұрын
While there are massive problems with bitcoin, price per btc is regulated by trading prices at an exchange. The less they have circulating the more valuable they are. That is why people are hording bitcoins right now.
@kokoaka
@kokoaka 11 жыл бұрын
I love how one critique is that bitcoins could be used for drug deals. Well guess what? The current money used for drug transactions is the USD.
@laxmanpoojary8184
@laxmanpoojary8184 9 жыл бұрын
Thanks for mmmglobal..MMMExtra to 100% pe month MMM is not Bank, MMM does not collect your money, MMM is not a online businnes, HYIP, invesment or MLM program, MMM is a community where people help each other ‪#‎MMMCommunity‬ ‪#‎business‬ ‪#‎mlm‬ ‪#‎USD
@aaronparon257
@aaronparon257 9 жыл бұрын
freebitco.in/?r=1574980 - Win upto $200 in Bitcoins every hour, no strings attached!
@mikeschmidt2207
@mikeschmidt2207 11 жыл бұрын
when bitcoin is the digital Gold, Litecoin is the digital Silver! Nice!
@tresteinjordklatt8133
@tresteinjordklatt8133 10 жыл бұрын
Bitcoin doesn't provide anonymity, but laundering your bitcoin can help. And to the financial guy who said fiat currency works because its governed by rules. Bitcoins is governed by mathematical rules while fiat currency is governed by human rules. Humans can be corrupted, while mathematics can not.
@socheathan5301
@socheathan5301 9 жыл бұрын
Now thank you to the MMM EXTRA program there's another tool for extra remuneration of the most loyalty and responsibility for all participants in community.it means the MAVRAs of those who completed all the tasks during a month will grow twice quicker- at 100% instead of 20% for transferring between participants,we use Bitcoin. # MMM Global # BTC # Bitcoin # News # Money # bank.
@dragoncrypto6709
@dragoncrypto6709 9 жыл бұрын
+Socheat Han Why not get started with free bitcoins - no risk/money needed freebitco.in/?r=33911
@hafiziglobal581
@hafiziglobal581 9 жыл бұрын
Lets start use a bitcoin(Digital Currency) #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@dananguish11
@dananguish11 9 жыл бұрын
Either way, the reality of "fractional reserve banking" has led to the near destruction of not only our species, but our planet, too. I commend those who are pioneering new ways of bringing down this oligarchical system we call banks.
@joellyos
@joellyos 9 жыл бұрын
dananguish11 so the answer to a un-backed fiat currency is to replace it with an electronic fiat currency? Brilliant logic.
@microwavefork3199
@microwavefork3199 9 жыл бұрын
van allen "electronic fiat currency" fiat means *by law* bitcoin is not backed by law
@joellyos
@joellyos 9 жыл бұрын
MicrowaveFork Did you think I was saying Bitcoin is NOT fiat? (and fyi: It doesn't just mean "by law"; it also means backed by something tangible)
@aashiqahamed4117
@aashiqahamed4117 9 жыл бұрын
MMM helps the community as a whole to grow , hope fully the system will be fixed sooon and more ppl will join #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@astrogunband83698
@astrogunband83698 5 жыл бұрын
Dollar is no real money is paper...money is the value and trust we give to something ...it could be a Rock or seashells ....obviously those are bad examples but you get the point...bitcoin is revolutionary
@sardarpatil3377
@sardarpatil3377 9 жыл бұрын
#MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNewsbitcoin is a virtual money.
@j7x54
@j7x54 10 жыл бұрын
The thing about bit coins is that if you did not get in on it from the start it is no use to start now it takes too much time to get one
@JeffSmith03
@JeffSmith03 10 жыл бұрын
My miner took three days from starting to earn approx equivalent 77 USD. That's not even close to 1.0 bitcoin yet but is it worth anything to you? Most ppl I meet like US dollars.
@indrayuniarto2493
@indrayuniarto2493 9 жыл бұрын
yang mau bertambah bitcoin hingga 100% per bulan hanya di MMM global #MMMextra #btc #bank #money
@ZackWelders
@ZackWelders 10 жыл бұрын
Can I cash Bitcoins for normal currency?
@raitasorin
@raitasorin 7 жыл бұрын
Yes
@paulspydar
@paulspydar 9 жыл бұрын
"Almost" no fee?? so who do these _fees_ go to?
@godlover9096
@godlover9096 8 жыл бұрын
+paulspydar they go to the miners who work on that specific block. in the future when mining yields no coins people who work on the block chain will be incentivized with small transaction fees instead.
@paulspydar
@paulspydar 8 жыл бұрын
Luke Johnson ok, thanks for that, I still find it hard to get my head around that the solution to an equation can be used as currency .. So the guy that "invented" Bit coin was the one that came up with the equation? I would love to know how the worth was attached, & how he convinced others that it has tangible worth?, Back to my original question.. I thought I heard that there is a small fee for using bit coin? a bit like how a credit card charges you to use it?
@godlover9096
@godlover9096 8 жыл бұрын
paulspydar the math problems are generated using a math technique called elliptic curve digital signature algorithm (you can read more about that here: www.coindesk.com/math-behind-bitcoin/) it has worth because it is rare (since the process of generating bitcoins chances of yielding a bitcoin drops for each person as more processing power is added to the network). sort of like how people have associated great worth to gold even before it had very much utility. the fees only go towards the block chain and don't apply if the following cases are true: 1.) It is smaller than 1,000 bytes. 2.) All outputs are 0.01 BTC or larger. or 3.) Its priority is large enough. (I pulled this list from en.bitcoin.it/wiki/Transaction_fees)
@paulspydar
@paulspydar 8 жыл бұрын
Luke Johnson Once again, thanks for the info, Going to go read up some more about Bitcoin (& some of the others) fascinating ...I am particularly interested about the security of it & its connection to electricity ....cheers & all the best.
@godlover9096
@godlover9096 8 жыл бұрын
paulspydar not a prob man :)
@NerdGaming143
@NerdGaming143 10 жыл бұрын
The value of bitcoin is determined by how much bitcoin are left to mine, so the more that has been mined the more the there worth, It's a simple currency and that's why I love it! There's no inflation no tax, no nothing and this is why it is going to become a global currency!
@marcbajamunde
@marcbajamunde 6 жыл бұрын
Our company here in the Philippines also Accept Bitcoins
@lukehannan4355
@lukehannan4355 8 жыл бұрын
You commit a crime using Bitcoin, Bitcoin will charge you big
@yauchanlim2103
@yauchanlim2103 8 жыл бұрын
the currency expert is such a joker.... bitcoin might be a ponzi scheme??? how about the 'money' we are using now... and who has control over the unlimited printing???
@koollee
@koollee 8 жыл бұрын
im not sayin it is or isnt, but if u sell your property with it, and it goes bust, u lose your house, etc.
@eziosavva
@eziosavva 8 жыл бұрын
Can I make this suggestion? can you subtitle correctly because automatic subtitles does not make any sense - deaf people need to access to full information so they can join this scheme. Many thanks.
@Tobias11ize
@Tobias11ize 8 жыл бұрын
look up "what is bitcoin mining" you can probably find articles more detailed and correctly subtitled videos.
@lordsonkit
@lordsonkit 11 жыл бұрын
"it is so complicated that it might work out as a ponzi scheme"
@almiraesa1442
@almiraesa1442 9 жыл бұрын
Terima kasih untuk MMM global.. MMM Extra 100 % per bulan MMM bukan Bank , MMM bukan mengumpulkan uang Anda , MMM bukan businnes online, investasi atau program MLM , MMM adalah sebuah komunitas di mana orang saling membantu #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC # BitcoinReview # BitcoinNews
@norrismasters2629
@norrismasters2629 5 жыл бұрын
Nice watching this. It came out the same month I got interested in Bitcoin. Lost interest in the cash of 2014 only to return Aug of 2017. And now I have most of my liquid assets in Bitcoin, Bitcoin Cash, ETH and other coins. This is the future regardless how much the price fluctuates. The world will wake up to its power very late when all the profits have been made. Like they dismissed the internet in 1993 they are all dismissing Bitcoin in 2019. I can guarantee you that by 2023 to 2027 it will be larger than currencies of many midsize economies!!! mark my words! YOU MUST OWN BITCOIN, THEY'RE IS NO ALTERNATIVE!. I'm an Economist speaking from experience!
@normbograham
@normbograham 8 жыл бұрын
Florida judge threw out Money Laundering Charges, claiming that Bitcoin was a possession, and not money. NY is trying to regulate it as a currency, AND, as an investment (the worst of all systems). Still not very consistent. Imagine trying to figure your capital gains, based on every transaction for the year.
@mrsplays9817
@mrsplays9817 10 жыл бұрын
The total number of bitcoins that there are is capped at 21 million and can't go any higher, meaning that there won't be billions going around someday (hyperinflation), but also that the value of them will only go up in the event that more and more people get into it. If there are 21 million bitcoins (yea, possibly, but whatever) between 100 people, they won't be worth as much as if there were the same number of bitcoins between 200 people, or 2,000, or 2 million people. Bitcoins will either die out or get to a point where they could be worth over one million bitcoins apiece, and then the people who have thousands (like those two who have 210,000 between them)? they'll just be able to cash it in slowly. Of course, this is how the stock market works, making buying bitcoin not like buying money, but like buying stock. Stock that people can get without paying for it (mining), and that people could theoretically get just by hacking. Use at your own risk.
@bollywoodmusic6895
@bollywoodmusic6895 9 жыл бұрын
Mmmglobal is great community #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #BitcoinReview #BitcoinNews
@MANJEETSINGH-wv9nb
@MANJEETSINGH-wv9nb 9 жыл бұрын
MMM Global is trusted community that pays 20%-100% per month just doing simple task daily,,#MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@paulrprichard
@paulrprichard 7 жыл бұрын
A billion dollars is such a paltry amount and basic users of bitcoin are not anonymous, they are pseudonymous with a trail that can be followed to make positive identification.
@RichsLife
@RichsLife 10 жыл бұрын
Bitcoin is explained so poorly in this video. Do yourself a favor if you're still skeptical, do a little more/better research.
@96radster
@96radster 10 жыл бұрын
Then I can change my beanie babies for millions
@thelearnedindividual5765
@thelearnedindividual5765 10 жыл бұрын
Bitcoin Myth: Bitcoin transactions are instant. Bust: There is up to 20+ minutes delay or more sometimes on Bitcoin transactions because they have to be confirmed by multiple sources. Bitcoin Myth: Bitcoin is a decentralized currency Bust: Bitcoin may have started as decentralized but as you see factories start mining them for profit and as there will only be a certain amount discover-able, eventually they will become centralized in the hands of a few that can use their power to control market values in their favor The take away? The idea of online crypto-currency is here to stay and very likely the future of finance across the world. Whether Bitcoin will stay at the top or another better programmed currency will take its place, we can only speculate.
@tempchannel-m9s
@tempchannel-m9s 7 жыл бұрын
US dollar is a "let this be money" thing.
@TheCoversMaster
@TheCoversMaster 11 жыл бұрын
14:00 Currency expert my ass! He hasn't done his homework...and its obvious from his first few words!! 14:18 "how decides that?" WTF? Its like saying who decides how much gold there is. 15:10 The alternatives blah,blah,blah hmmmm let me think... 1. Precious metals: There is gold, silver, platinum, etc etc. 2. The Stock market: new companies appear all the time. 3. Fiat currency: The Euro was introduced just a few years ago and became very popular worldwide but the dollar still exist. The point is that assets are the real value and everything else including all fiat currencies and bitcoin are just the means of exchange and trade.
@黄恩良-w4x
@黄恩良-w4x 9 жыл бұрын
这是一个伟大的平台,帮助了无数需要帮助的了,这项发明是人类现代发明史上的最伟大发明,感谢大家! #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@mookixox
@mookixox 11 жыл бұрын
Let's see here, spend 1000 dollars to buy a virtual coin that cost some warcraft nerd 5-50 dollars in electricity and hardware to mine...Then pay a "small" fee to spend this virtual coin. Uhhhhh no thanks, I'll pass on the Tulip Mania.
@mookixox
@mookixox 11 жыл бұрын
***** Oh trust me any time a virtual currency goes UP in value after a major BitCoin market place (SilkRoad) gets shut down is all I need to know to stay away from Sh*tCoin for 60 years much less 6 months...
@josh1158
@josh1158 5 жыл бұрын
@@mookixox boy were you wrong
@MrShnazer
@MrShnazer 11 жыл бұрын
The big picture here is only a few people will eventually get rich and plebs will be at their mercy.
@bernardmailman8018
@bernardmailman8018 5 жыл бұрын
this didnt aged well for the old guy interviewed
@杨兴虎
@杨兴虎 9 жыл бұрын
3M是个很不错的平台,他能结合比特币一起为我们援助和帮助的机会。每天朋友一起做任务还可以得到20-100%的利息。感谢3M这么好的一个平台,感谢马夫罗季先生!!! #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
@red_alimango
@red_alimango 7 жыл бұрын
Why not rather turn gold bars into bitcoin currencies as an International monetary?
@stellabckw2033
@stellabckw2033 6 жыл бұрын
"what prevents another cryptocurrency to be invented in some months?" hahaha today there are like more than a hundred of cryptos
@kuljeetjhala7
@kuljeetjhala7 9 жыл бұрын
amazing test Again
@adrianharrison2092
@adrianharrison2092 11 жыл бұрын
Bitcoin algorithms are open source.....Wallstreet algorithms are hidden with 0% Transparency.
@thewaywelive2775
@thewaywelive2775 11 жыл бұрын
This all seem very fishy to me. How do you know that the programmer doesn't have "super mining abilities" and where does the small transaction fee go?
@mookixox
@mookixox 11 жыл бұрын
Oh it gets better, the guy who was running the major BitCoin marketplace SilkRoad is now getting ass hammered in jail for his troubles and had his entire website seized by the feds...Brilliant!
@AnuragsharanTG
@AnuragsharanTG 7 жыл бұрын
Winklevoss twins became the first Bitcoin Billionaires. the lady predicted it right!
@ScottNotAvailable
@ScottNotAvailable 10 жыл бұрын
the hostess talks too slowly. i'm losing my mind.
@bikeman6528
@bikeman6528 7 жыл бұрын
Anyone ever hear of NAPSTER. It was shut down for "illegal" activity. But it revolutionized the music industry and technology all the same. Early adopters enjoyed the new technology. I see this as a revolutionized monetary system, that is a way for the common citizen to stick it to the man that has taken full advantage of every world citizen. But I have one question... if there are no "dollars" to trade in for this currency, then where is the backing value. Gold is tangible. You can hold it, pass it, exchange it. What is protecting the "wallet"? What if it disappears? Someone hacks the system and screws up the logarithms? It being all digital, who is controlling it? Not being negative, just trying to understand the movement.
@zippy3711
@zippy3711 8 жыл бұрын
Someone is sitting back and collecting all the dollars for these Bitcoins !
@CYRRYANC97
@CYRRYANC97 10 жыл бұрын
14:30 Wow that man looks pretty dumb. He should of done his research. Bitcoin and crypto currency's are backed up, they are backed up by processing power. Also the code to bitcoin is open for anyone to see. If it was a scam I am sure we would have known by now.
@mmm_fans_club2751
@mmm_fans_club2751 9 жыл бұрын
#MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
But how does bitcoin actually work?
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