Jump to content

  • USF Bulls fans join us at The Bulls Pen

    It's simple, free and connects you to other South Florida Bulls fans!

  • Members do not see this ad, Register

St Pete Bowl Now Bitcoin Bowl

slick1ru2
 Share

Recommended Posts

slick1ru2 Toro Magnifico

slick1ru2

Posted
  • Group:  Member
  • Topic Count:  553
  • Content Count:  14,405
  • Reputation:   434
  • Days Won:  13
  • Joined:  07/25/2008
Posted

http://collegefootballtalk.nbcsports.com/2014/06/18/bitcoin-the-new-name-of-st-petersburg-bowl/

 

 

bitcoin-bowl-logo.jpg?w=375

Link to comment
Share on other sites
jvwvu Experienced

jvwvu

Posted
  • Group:  Member
  • Topic Count:  7
  • Content Count:  820
  • Reputation:   5
  • Days Won:  0
  • Joined:  07/14/2011
Posted

HELL YEAH! and you can bet on college football and other sports at www.Casinobitco.in and buy bitcoins from www.Bitsimple.com

Link to comment
Share on other sites
Bane Contributor

Bane

Posted
  • Group:  Member
  • Topic Count:  0
  • Content Count:  59
  • Reputation:   2
  • Days Won:  0
  • Joined:  06/23/2014
Posted

A Bitcoin is a fiat currency just like the American dollar... both are technically worth the same amount of money ($0)

Link to comment
Share on other sites
charsibb Toro Magnifico

charsibb

Posted
  • Group:  Member
  • Topic Count:  653
  • Content Count:  31,049
  • Reputation:   2,487
  • Days Won:  172
  • Joined:  08/30/2011
Posted

A Bitcoin is a fiat currency just like the American dollar... both are technically worth the same amount of money ($0)

 

 

Yuppers. All fiat currency only maintains its value by collective delusion. It's worth what we THINK it's worth, nothing more. And if our thinking changes, so does the value.

  • Upvote 1
Link to comment
Share on other sites
SpeedyBull Grand Bull

SpeedyBull

Posted
  • Group:  Member
  • Topic Count:  44
  • Content Count:  1,705
  • Reputation:   221
  • Days Won:  3
  • Joined:  01/25/2013
Posted

Technically it isn't a fiat currency. When I am not at work I will dig up some articles explaining what it is and why it is actually a really nifty idea. But basically it is a crypto currency that has a finite amount and more can not be "printed" or made. The value of it will be completely driven by supply and demand. Unlike the USD which is a Fiat currency and can be printed at will. 
 

Link to comment
Share on other sites
charsibb Toro Magnifico

charsibb

Posted
  • Group:  Member
  • Topic Count:  653
  • Content Count:  31,049
  • Reputation:   2,487
  • Days Won:  172
  • Joined:  08/30/2011
Posted (edited)

Technically it isn't a fiat currency. When I am not at work I will dig up some articles explaining what it is and why it is actually a really nifty idea. But basically it is a crypto currency that has a finite amount and more can not be "printed" or made. The value of it will be completely driven by supply and demand. Unlike the USD which is a Fiat currency and can be printed at will. 

 

 

Yes, more can be created, there's a sort of puzzle, by which more "coins" can be "minted" - the diffculty of the algorithm is what ensures the currency won't lose its value by "running the printing presses"

 

http://en.wikipedia.org/wiki/Bitcoin#Mining

Edited by charsibb
Link to comment
Share on other sites
smazza Toro Magnifico

smazza

Posted
  • Group:  Member
  • Topic Count:  9,895
  • Content Count:  66,073
  • Reputation:   2,431
  • Days Won:  172
  • Joined:  01/01/2001
Posted

i would be happy if usf made any bowl this year

Link to comment
Share on other sites
jvwvu Experienced

jvwvu

Posted
  • Group:  Member
  • Topic Count:  7
  • Content Count:  820
  • Reputation:   5
  • Days Won:  0
  • Joined:  07/14/2011
Posted (edited)

I have been involved in Bitcoin for a year now, honestly I see it as part of the future payments, very much like a Credit Card, or a better more secure Paypal.

 

Its not a fiat currency, research it and you will be amazed.  The blockchain software is priceless, bitcoins are just "credits" for future buying power.  Invest in the blockchain.

Edited by jvwvu
Link to comment
Share on other sites
Bane Contributor

Bane

Posted
  • Group:  Member
  • Topic Count:  0
  • Content Count:  59
  • Reputation:   2
  • Days Won:  0
  • Joined:  06/23/2014
Posted (edited)

I have been involved in Bitcoin for a year now, honestly I see it as part of the future payments, very much like a Credit Card, or a better more secure Paypal.

 

Its not a fiat currency, research it and you will be amazed.  The blockchain software is priceless, bitcoins are just "credits" for future buying power.  Invest in the blockchain.

 

Unless its backed by something of real value that can't be mass minted or printed (gold, silver, platinum, cooper, rare gems, etc) its a fiat currency. Unless I can take a bitcoin down to a bank or reserve and exchange it for something of real value its a fiat currency.

 

http://www.theverge.com/2014/3/21/5533272/mt-gox-missing-bitcoins

 

The bitcoin is just a complicated fiat ponzi scheme like the USD.

 

Give me gold and silver any day.

Edited by Bane
Link to comment
Share on other sites
charsibb Toro Magnifico

charsibb

Posted
  • Group:  Member
  • Topic Count:  653
  • Content Count:  31,049
  • Reputation:   2,487
  • Days Won:  172
  • Joined:  08/30/2011
Posted

 

I have been involved in Bitcoin for a year now, honestly I see it as part of the future payments, very much like a Credit Card, or a better more secure Paypal.

 

Its not a fiat currency, research it and you will be amazed.  The blockchain software is priceless, bitcoins are just "credits" for future buying power.  Invest in the blockchain.

 

Unless its backed by something of real value that can't be mass minted or printed (gold, silver, platinum, cooper, rare gems, etc) its a fiat currency. Unless I can take a bitcoin down to a bank or reserve and exchange it for something of real value its a fiat currency.

 

http://www.theverge.com/2014/3/21/5533272/mt-gox-missing-bitcoins

 

The bitcoin is just a complicated fiat ponzi scheme like the USD.

 

Give me gold and silver any day.

 

 

 

LOL

 

Gold and silver only have real value if you're a dentist, or printing circuit boards, etc.

 

Diamonds are only good if you're making drill bits or cutting blades, etc.

 

Give me cattle or wives, FTW!!!

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing

  • Tell a friend

    Love TheBullsPen.com? Tell a friend!

  • South Florida Fight Song

     

  • Quotes

    "There is no inherent fear among this group of players. The fear of failing drove the program from day one - the fear of failing the coaches, the fan base, the university, each teammate, themselves. Now, as we head into the biggest game in our history at home on a national stage against the highest ranked team to step on OUR field, the players are taking an introspective look at themselves. Unfortunately, I don't know if they get it. They lack the fear."

    Terry Lucas, 09/26/22  

  • Files

  • Recent Achievements

  • Popular Contributors

  • Quotes

    "The decade of mediocrity needs to change."

    Jeff Scott  

×
×
  • Create New...

It appears you are using ad blocking tools.  This site is supported through ads.  Please disable in order to enjoy full access to The Bulls Pen.  Registration is free and reduces ads.

Got it!
Dismiss