General Discussion
In reply to the discussion: Bitcoin ATM maker announces plans to expand to U.S. and beyond [View all]LynneSin
(95,337 posts)You have $600 per coin - is that paper value or did you trade in the coins for cash.
On paper my Princess Diana Beanie Babie was once valued at $400 USD but now I'd be lucky if I could get $5 for her. It is a pyramid scheme but you're so excited about the paper value of some bitcoins that you won't see beyond your nose. But from the looks of other posters here at DU main who scoff at mainstream media and are at the cutting edge of technology - even those people are rejecting bitcoins.
It's a pyramid scheme. Have you even questioned yourself why the one CEO from that bitcoin exchange was charged with money laundering? Think about it. They need low fruit hangers like us to put our hard earn cash into the bitcoin system so they can funnel it out to the higher ups. Pyramid scheme - nuff said.
Have fun replying. I don't really care anymore what you reply because you're so proud of your beanie babies and pogs, I mean bitcoins.