[TsonicTsunami08]

A fabulous piece explaining the global phenomenon BITCOIN! The internet of money! Tiger Direct surpasses $1,000,000,00 in sales. Overstock $20,000,00 to $30,000,00 in sales a day using BITCOIN! Did I mention that BITCOIN is awesome!

[Jet Jaguar]

ping

[P-Marlowe]

Did I mention that BITCOIN is awesome!

Bernie Maddoff's clients all loved him until one day someone decided to cash in their account and everyone suddenly found out that there was no there there.

[shibumi]

"Did I mention that BITCOIN is awesome!"

Personally endorsed by Autumn Ratke?

[Gene Eric]

Yeah, tax free commerce... /s

[Adder]

http://www.zdnet.com/third-cryptocurrency-exchange-becomes-hacking-victim-loses-bitcoin-7000027052/

Seems safe...what could go wrong?
/s

[SkyPilot]

Did I mention that BITCOIN is awesome!

http://www.latimes.com/business/hiltzik/la-fi-mh-bitcoins-problems-20140209,0,983176.story#axzz2w7f0V7gI

Not that I have any faith in fiat currencies either, but Bitcoin is not exactly the new gold. I believe it is paving the way for a new world currency, but since that one will be Satanic and used in the End Times to control all of mankind, it isn't exactly something to be celebrated.

[bolobaby]

Bitcoin, at its root, is Occupy Wall Street’s wet dream. Amazing how many people on this forum have had the wool pulled over their eyes.

[Migraine]

Where gold was valued for its color, easy malleability, purity and its anti-corrosive properties, [AND ITS SCARCITY AND TANGIBILITY -- hence, it is its own substantial backing], bitcoin is valued for it’s speed, decentralization, anonymity and ultra low transaction costs [BUT IT IS NOT ONLY INTANGIBLE, IT IS IMAGINARY; AND IT IS ABOUT AS SCARCE AS THIN AIR, hence, it is backed by confidence alone and the first three letters of CONfidence will eventually tell the tale].

Italics, bolding, underlining and words within brackets, are mine.

The writer of this self-serving piece used "its" twice -- once correctly, once incorrectly. Malapropisms are often dead giveaways.

[lucky american]

What happens when there is no more Internet? EMP'S , major disasters, death of the owner of these bit coins, satellite take downs. And since they are virtual, it seems the only way to “own” them is through cyberspace?
I just read that at Mt.Gox a massive amount of them just disappeared in a puff of smoke and then you want me to believe these are a viable currency solution?
I know we're headed into the future but I feel bad things will happen trying to get this to fly. I'm not ready to bet my fortunes on the mention of the unproven next new fad.

[Travis McGee]

Make believe virtual coins.

Real coins.