The other side of bit coins is that they can never be confiscated. There is nothing to hack because a bit coin is an algorithm. As long as you retain the cipher you retain the coin. If you lose your cipher your bitcoins are gone. Like any currency it can be traded and the price fluctuates. Richard -----Original Message----- From: dmcnews@xxxxxxxxxxxxxxx [mailto:dmcnews@xxxxxxxxxxxxxxx] On Behalf Of boB Sent: Wednesday, June 05, 2013 3:55 PM To: dmcnews@xxxxxxxxxxxxxxx Subject: Re: [DML] Selling #2894 for 300 Bitcoins Have you heard of good old US dollars? "Bitcoin uses peer-to-peer technology to operate with no central authority; managing transactions and the issuing of bitcoins is carried out collectively by the network". So if I have a problem with my coins who covers me? A bank, the FDIC? The bit police? Someone hacks into the network and I have a bit of a problem. No thanks. boB 16909 On Jun 5, 2013, at 5:31 PM, Greg Zapf <x86Daddy@xxxxxxxxx <mailto:x86Daddy%40gmail.com> > wrote: > It's a black interior, automatic, stainless exterior car in great > driving condition. It has 17,809 miles today. We're in Memphis, TN, > USA. Asking > 300 Bitcoins. Learn about Bitcoins at http://bitcoin.org/ > > All about the car here: > http://bitcoinmotor.com/ > > Thanks, > --Greg > #2894 > > [Non-text portions of this message have been removed] > > [Non-text portions of this message have been removed] ------------------------------------ To address comments privately to the moderating team, please address: moderators@xxxxxxxxxxx For more info on the list, tech articles, cars for sale see www.dmcnews.com To search the archives or view files, log in at http://groups.yahoo.com/group/dmcnewsYahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/dmcnews/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/dmcnews/join (Yahoo! ID required) <*> To change settings via email: dmcnews-digest@xxxxxxxxxxxxxxx dmcnews-fullfeatured@xxxxxxxxxxxxxxx <*> To unsubscribe from this group, send an email to: dmcnews-unsubscribe@xxxxxxxxxxxxxxx <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/