Bitcoin....who's gotten into it?

[splat]

It's fucking with central banks. It's value has increased exponentially. It's every bit as virtual as the paper the banks give you.
Paypal considering using it. Schmidt and Gates say its good. Being incorporated into browsers. This is some trip shit.
Who has some firsthand experience with it? Is it like the pyramid parties of the 70's?

[splat]

Fuck. China national bank approved it today.
It is hard to imagine that something that has exponentially appreciated at 130,000% of it's original value hasn't already peaked.
Saw there was a bitcoin convention in Vegas last week.
If I had bought low, I prolly coulda used a bitcoin to book the trip.

[splat]

Real time value:

http://preev.com/

[Tuckerman]

Bump

Are all the exchanges the same rate?

[4matic]

Bump

Are all the exchanges the same rate?

No.

[Labcabin]

So what's the status of Bitcoin a year later?

[Tuckerman]

So what's the status of Bitcoin a year later?

preev.com

[Plainview]

Until I can buy a quart of Steel Reserve at 7-11 with it, fuck that shit.

[4matic]

co-worker is actively trading it. Transactions costs are high on Bitstamp.

[iceman]

Here is What the Hell Happened In Bitcoin In 2015

Wow. I was not aware of most of that craziness.

[shroom]

what is DevOps?

[iceman]

It's crazy about the whole Mt. Gox thing, as I read it ~$350MM in btc vanished into thin air (well, into someone's pockets).

I was thinking about this last night, the whole "anonymous founder" business...I'm sure it's far-fetched but who better than the founder to insert code into the system that acts like a key and gives a back door into the servers? And if there was such a key, and it was used to get into Mt. Gox and he pulled all that money out...well no one knows who the hell he is! Very mysterious. Would make a great plot for a novel, the kind of thing Dan Brown might write.

[The Suit]

what is DevOps?

Folks who both develop software and also operate the servers & systems on which that software runs.

[Kinnikinnick]

Funny thing about this thread is that Splat(or someone) deleted everyone's posts on the first page or two except for Splat's.
.

Bitcoin - I still don't get it. Its backed by no one and we're just supposed to believe in the magical powers of good developers over evil developers...yeah right.

[shroom]

hahahaha solid wording PG. I like to throw the same question at my execs and see what answer gets shit out.

Chef is my thang.