Anyone here understand/use Bitcoins?

I want a tit coin

I have read several articles on them in Wall St. Jrnl. and sttll have no clue why anybody would invest in them. I also had dial up until last year and that probably explains why I don't get it.

I understand bitcoin. Read something like the wikipedia article. If you want more info I'll hit a specific question.

I've read a bit about them and I have a friend who has used them before to purchase things. Super volatile though the prices can fluctuate like crazy. Essentially they are suppose function as anonymous online money that isn't traceable, or something along those lines.

I saw price per bitcoin is like 440 today. Was close to 1000 just like a month ago. Was as low as 15-20 with in last couple years. If it gets down around 100 I'll probably buy some.

Bitcoins is an online currency, it's not backed by gold, USD's, or even a legitimate government. Heck the dude who invented it is in jail for money laundering! Lol!

I messed around with them a little bit and made money, but when they started getting a lot of attention they became too volatile in price and way to susceptible to theft.

I thought bitcoins were pure speculation and/or required a lot of money to invest so I stayed away. I heard on the news they were valued at just over $30 each at the beginning of 2013 and worth over $500 each near the end. I would have been happy with that return.

I understand that you could lose your money.

I will trade anyone my beanie baby collection for their bitcoins.

I got in at $75 and got out at around $600. I felt like shit when they went to over $1000 but today I don't feel so bad anymore.

When I can buy food with em, they will have come.

Fuck Bitcoins. It's all about Bit O' Honeys.

Just mine them