It's distributed.... there are no servers -----Original Message----- From: dmcnews@xxxxxxxxxxxxxxx [mailto:dmcnews@xxxxxxxxxxxxxxx] On Behalf Of Mike griese Sent: Thursday, June 06, 2013 4:10 PM To: dmcnews@xxxxxxxxxxxxxxx Subject: Re: [DML] Selling #2894 for 300 Bitcoins Of course they can. All the bitcoin bankers have to do is turn off their servers. They can also become worthless in a microsecond. --- Mike On Jun 6, 2013, at 14:23, "DarkStar Media" <darkstarmedia@xxxxxxxxxxx <mailto:darkstarmedia%40comcast.net> > wrote: > 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%40yahoogroups.com> > [mailto:dmcnews@xxxxxxxxxxxxxxx <mailto:dmcnews%40yahoogroups.com> ] > On Behalf Of boB > Sent: Wednesday, June 05, 2013 3:55 PM > To: dmcnews@xxxxxxxxxxxxxxx <mailto:dmcnews%40yahoogroups.com> > 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> <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] > > [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/