Bitcoin?

Discussion in 'Money & Finances' started by Martin Alonzo, May 8, 2019.

  1. Martin Alonzo

    Martin Alonzo Supreme Member
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    Why do some people keep telling you that bitcoin is safe and we should get in on it?

    Even a $31 Million Hack Couldn't Keep Bitcoin ... - Bloomberg.com
    [​IMG]https://www.bloomberg.com/news/arti...ter-31-million-theft-of-cryptocurrency-tether
    Nov 21, 2017 · Bitcoin hit a record high, shrugging off earlier losses posted after the $31 million theft of a cryptocurrency peer renewed concern about the security of digital coins. The company behind tether


    Bitcoin price plunges after cryptocurrency exchange is hacked ...
    [​IMG]https://www.theguardian.com/technol...e-cryptocurrency-hacked-south-korea-coincheck
    Jun 11, 2018 · There has been a sharp drop in the price of bitcoin and other virtual currencies after South Korean cryptocurrency exchange Coinrail was hacked over the weekend. ... on 12 June 2018 because an ...


    Binance bitcoin hack: Over $40 million of cryptocurrency stolen
    [​IMG]https://www.cnbc.com/2019/05/08/binance-bitcoin-hack-over-40-million-of-cryptocurrency-stolen.html
    May 08, 2019 · Published Tue, May 7 2019 10:40 PM EDT Updated 9 min ago. ... The hack comes after a recent rally in bitcoin. The price of the digital coin is about 9% higher over the past week.
     
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  2. Craig Wilson

    Craig Wilson Veteran Member
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  3. Bess Barber

    Bess Barber Veteran Member
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    WOW! It's like a safe version of bitcoin, but much easier to deal with. It was a really interesting article and explained very well. The author of the piece has a unique last name Tchetvertakov. :D
     
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  4. Craig Wilson

    Craig Wilson Veteran Member
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    You sound impressed Bess.
     
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  5. Bess Barber

    Bess Barber Veteran Member
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    I am! With a global economy, it would be good to also have access to a global financial system which isn't complicated. With a conversion app, digital money could be used all around the world easily. Of course, there are always the problems of people trying to hide money. launder money, etc. But with all the technology today, they should be able to deter most of it.
     
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  6. Hal Pollner

    Hal Pollner Veteran Member
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    Bitcoin? This is the first I've heard of it!

    Hal
     
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  7. Ken Anderson

    Ken Anderson Senior Staff
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    I'm thinking the media love of cryptocurrencies has something to do with wanting to replace the dollar with a currency that is controlled by people that no one knows or can have any influence over, which would greatly weaken the power of the US.
     
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