Banking on Bitcoin

[Quickgun_murugan]

asalu endi man ee bit coin?

oka 3 lines la lo cheppandi telisinavallu..

don't post link and leave it..

[Quickgun_murugan]

20 minutes ago, lazybugger said:

itla koni pettukotaaniki kaadhu bitcoin ni invent chesindi. use chesedhi gold laaga, malla build up maatram 'radical' 'bochu' ani.

 

inthaki bit coin ante endi bro? tell in lame man terms no?

[lazybugger]

1 minute ago, Quickgun_murugan said:

asalu endi man ee bit coin?

bit bit ga isthaaru ba coins ni. like 1/100, 1/1000th ani use cheyyochhu.

andukey daani bit coin antaru. manam exam ki bit lu teeskelthaam ga. same type.

[lazybugger]

Just now, Quickgun_murugan said:

inthaki bit coin ante endi bro? tell in lame man terms no?

bro. naaku antha opika illa

mee vaadu ochhi chepthadu.

[Quickgun_murugan]

3 minutes ago, lazybugger said:

bro. naaku antha opika illa

mee vaadu ochhi chepthadu.

 

[Hitman]

19 minutes ago, siru said:

google is ur friend uncle..its not rocket science..1 hour lo u will know as much as all these "experts" in this thread know   

akkada kooda ide language nadustundi.. telugu lo ekkada ledu..

asalu.. deniki controlling authority emaina untada? this looks like all technology based, what if we get more advanced Hi-fi computers to create /mine these coins?

[lazybugger]

3 minutes ago, Quickgun_murugan said:

 

Its just a digital currency bro. It has very less friction, and can be easily exchanged without any central authority. (like no one prints bitcoin based on demand, the number of bitcoins is set in stone).

This form of currency is incompatible with the modern world. And that's why bitcoin will mostly be used only a stock of value, and not as a medium of exchange.

[lazybugger]

2 minutes ago, Hitman said:

akkada kooda ide language nadustundi.. telugu lo ekkada ledu..

asalu.. deniki controlling authority emaina untada? this looks like all technology based, what if we get more advanced Hi-fi computers to create /mine these coins?

bro, this is just another hi tech MLM scheme. earliest buyers are the biggest beneficiaries.

It'll never even come close to doing what it promises to do. For that to happen, society has to be radically changed. And since its value is always pegged to currencies, you can't even save it for when the banking sector crashes.

yes. Its biggest problem is that it has no controlling authority. Unless the financial system completely collapses, nobody would have use for bitcoin. However the technology used in bitcoin is already being used in the financial system. Not the coins themselves.

[siru]

3 minutes ago, Hitman said:

akkada kooda ide language nadustundi.. telugu lo ekkada ledu..

asalu.. deniki controlling authority emaina untada? this looks like all technology based, what if we get more advanced Hi-fi computers to create /mine these coins?

asalu oka controlling authority vundoddu anee bitcoin start chesaru...its all open source

hi power computer use chesthe BTC ekkuva mining cheyochu but at the same time u have to factor the costs associated with high power computers.

chala years back start chesina vallu profit ayyaru but its not worth now to do mining.

[lazybugger]

Just now, siru said:

asalu oka controlling authority vundoddu anee bitcoin start chesaru...its all open source

hi power computer use chesthe BTC ekkuva mining cheyochu but at the same time u have to factor the costs associated with high power computers.

chala years back start chesina vallu profit ayyaru but its not worth now to do mining.

some people do trade in bitcoins. But I doubt people who ask here will trade with them.

[siru]

Just now, lazybugger said:

some people do trade in bitcoins. But I doubt people who ask here will trade with them.

anta kastam em kadu kada trading..its just like stock trading.

This past month lo 156$ increase aindi 

 

[lovvukovvu6]

https://bitcointalk.org/

[siru]

5 minutes ago, lazybugger said:

bro, this is just another hi tech MLM scheme. earliest buyers are the biggest beneficiaries.

It'll never even come close to doing what it promises to do. For that to happen, society has to be radically changed. And since its value is always pegged to currencies, you can't even save it for when the banking sector crashes.

yes. Its biggest problem is that it has no controlling authority. Unless the financial system completely collapses, nobody would have use for bitcoin. However the technology used in bitcoin is already being used in the financial system. Not the coins themselves.

btc Blockchain technology ni copying anta banks

[lazybugger]

Just now, siru said:

anta kastam em kadu kada trading..its just like stock trading.

This past month lo 156$ increase aindi 

 

I meant buying stuff with bitcoin, and accepting them as payments.

[lovvukovvu6]

Just now, lazybugger said:

I meant buying stuff with bitcoin, and accepting them as payments.

seedbox nenu bitcoin thone konta......also some games and other stuff