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Mental_sachinodu
Hero
Username: Mental_sachinodu

Post Number: 10744
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Monday, May 06, 2013 - 11:18 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Pulibongaram:

daantho ela pay sesthaar?




BitCoinPay ani oka iphone app, undhi which converts bitcoins to dollar amounts, suppose 15 dollar bill ayithe, dhani equivalent market rate of bit coin charge chesthaar.. bitcoin works like a credit card, so that amount would get credited from your bitcoin account, and the same value gets debited to the bar.

looks like the bar guy, transfers equivalent of dollars from his pocket to the bar account, so taxing works.. poorthi details iyyaledh, kaani high level atta work avudhi anukuntunna.


Gandhiguevara:

Hero Nakamura



I ask Nakamura, he told Narahara knows. i ask Narahara, he told yokihama knows .. god only know, who told whatoo whattu
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
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Gandhiguevara
Legend
Username: Gandhiguevara

Post Number: 38459
Registered: 10-2009
Posted From: 98.194.214.250

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Posted on Monday, May 06, 2013 - 10:56 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mental_sachinodu:


ask Hero Nakamura
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Pulibongaram
Side Hero
Username: Pulibongaram

Post Number: 6319
Registered: 03-2012
Posted From: 162.115.108.102

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Posted on Monday, May 06, 2013 - 06:30 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mental_sachinodu:

a bar in NY EVR accepts bitcoins for beer



daantho ela pay sesthaar?
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Mental_sachinodu
Hero
Username: Mental_sachinodu

Post Number: 10743
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Monday, May 06, 2013 - 05:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mental_sachinodu:




a bar in NY EVR accepts bitcoins for beer

http://money.cnn.com/2013/04/08/investing/bitcoin-bar-new-yo rk-city/index.html
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
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Mental_sachinodu
Hero
Username: Mental_sachinodu

Post Number: 10742
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Monday, May 06, 2013 - 05:13 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Farmer:




voook attempt 2.

Satoshi nakomoto ane figure, oka software design sesaad,using cyrptographic models. in essence they created a vitual earth with a bitcoin mine. ante real warald lo earth lo gold mine unattu, oka virtual mine create sesaar..

now to mint this ore, there is software code, and crytpo algorithms use sesi, you have to decode, and as you sucessfully decode you own coins. these software clients are freely available, so evaraina intlo laptop lo a client run sesi minting start cheyochu(so essentially you are the owner of a minting company), computation time and power increase ayye kodhi these clients can mint more and more. the source algorithm is such that, as the coins are getting minted, the coins get scarcer and gets more difficult to mint. ante thavvakam perige kodhi, depth perugudhi anna maata.

ippati varaku this more like a virtual warald game, but there is a real warald connection to it. people are trading real money to buy these coins, just like player cards. and many people think that these coins can gain legitimacy, if real business start accepting these as real currency, and alot of people believe this going to happen.

facebook meme kanipettam ani seppukoni, twin brothers invested quite a bit of money and bought bit coins, itta, they have real value now. alot of big time investors are buying these. so supply and demand model, they will always have value in real market.

when real business start accepting in substitute for cash, they will be main stream, and some people believe it will happen.
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
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Farmer
Side Hero
Username: Farmer

Post Number: 7855
Registered: 03-2012
Posted From: 70.198.0.159

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Posted on Monday, May 06, 2013 - 05:00 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mental_sachinodu:


entoo nee gola...artham aithe gani appreciate seyyalem
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Mental_sachinodu
Hero
Username: Mental_sachinodu

Post Number: 10741
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Monday, May 06, 2013 - 04:58 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

ee bob, or bobini, or group created alternative currency model vunkll.. oka client application download sesi, you can start minting like minting for any ore. there can only be a predestined number of coins, so the more you have the more value they have. right now they have no real value, but people are trading real money for these coins, by which they can become legitimate currency.

future lo some companies might treat them as real money for real goods. atta sesi eventual ga real currency roopam dhalchaali ani trying.

eee bob valready millions of coins mint sesaad ani thelusthundhi.. but no one knows who he it is... i think he is the north korean dictator kim song :D
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
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Farmer
Side Hero
Username: Farmer

Post Number: 7854
Registered: 03-2012
Posted From: 70.198.0.159

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Posted on Monday, May 06, 2013 - 04:54 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

evaree babu
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Mental_sachinodu
Hero
Username: Mental_sachinodu

Post Number: 10740
Registered: 10-2008
Posted From: 208.85.128.5

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Posted on Monday, May 06, 2013 - 04:42 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

The anonymous bitcoin founder, still cant be traced, and looks like he made 100 million by now.

hmmm strange philosophy in this day and age, but then bitcoin runs on this mysterious propaganda. i have my doubts in it, but is sure making its relevance.

http://www.theverge.com/2013/5/6/4295028/report-satoshi-naka moto
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada

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