What do you think of Bitcoins?

[surveygrabber]

What does anyone think of bitcoins? Are they worth it? The price of bitcoins vary and would love to see it go up to $10,000 or more in the near future. I'm currently joining ptc and gpt sites that pay in bitcoins such as CoinAd, BTC Clicks, Bitcoin Clix, Coin Tasker (similar to Fusion Cash but pays only in bitcoins), and earning in bitcoin faucets.

[msmoneybags48]

I am on sites that pay in bitcoins, but I have not a clue what that is.

[yikes77]

I'm slowly learning about it but it's still new and not really regulated.  But I will check out some of the sites you posted.

[kewl4reals]

What does anyone think of bitcoins? Are they worth it? The price of bitcoins vary and would love to see it go up to $10,000 or more in the near future. I'm currently joining ptc and gpt sites that pay in bitcoins such as CoinAd, BTC Clicks, Bitcoin Clix, Coin Tasker (similar to Fusion Cash but pays only in bitcoins), and earning in bitcoin faucets.

I think they are kind of silly way for company (bitcoin) to trick people into spending money, for money, to act as money?

[lvstephanie]

I wasn't too sure about it, so I was just waiting till the hype died down a little and see how it was going... I'm glad I did after the announcement of one of the largest exchanges disappearing: http://abcnews.go.com/Technology/wireStory/collapse-exchange-spells-trouble-bitcoin-22672329

[gaylasue]

This is the first I have heard of this subject so I don't know enough to voice an opinion.

[pmagalei]

I have never heard of it. But reading other comments on here about it doesn't seems like it's going to be that great. Hopefully Fusion cash will continue to provide and improve on a yearly basis.

[kapeh12]

I first heard about bitcoins last fall and see them as an interesting experiment in creating a new, independent currency.  From the article that was posted, I would see the collapse of that exchange comparable to the bankruptcy of Lehman Brothers that plunged the US and the world into a recession that we've still not yet fully recovered.  Even though this major international investment bank went bankrupt, and several people lost millions across the globe due to the bankruptcy - people didn't stop using the American dollar.  So for those who really are backing the development of the bitcoin currency, I wouldn't see this exchange collapse deterring everyone.

My view of bitcoins is more of a high risk investment opportunity.  If you think it has a future, feel free to invest in purchasing them, but only purchase with the understanding the whole thing can implode and your investment will become worthless.  Same as people investing in the stock market (except the stock market has a means to recover some of your losses, but not all).  I tried investing during the tech bubble in the 90's, and after a year and a half, the mutual fund I invested in collapsed, and I only got 1/10th of my original investment returned.  Same risk with the bitcoin.

If people obtain bitcoins with that mentality, then if it does collapse, you really are not out anything as you've already written it off.  But if it does success, they have the potential to work in your favor.

Personally I plan to use online sites, like an above poster noted, to earn some bitcoin fractions (most sites pay in .01 bitcoin, which is one, one hundredth of a single bit coin), just to have a few to see what happens.

I did find it interesting the new Fox show "Almost Human" mentions bitcoins as currency used in their futuristic world.

[misi49]

I have heard of Bitcoins, although I don't fully understand them.  However, I would be very leery and cautious with something that's not proven over time.  I will stick with the American dollars and coins. 

[betlynjua]

What does anyone think of bitcoins? Are they worth it? The price of bitcoins vary and would love to see it go up to $10,000 or more in the near future. I'm currently joining ptc and gpt sites that pay in bitcoins such as CoinAd, BTC Clicks, Bitcoin Clix, Coin Tasker (similar to Fusion Cash but pays only in bitcoins), and earning in bitcoin faucets.

I'm only familiar with the name, bit coin.  I have not taken the time to research what they are or if they are of any real value.  I'm a little old fashioned when it comes to many things in life including money.   

[oldbuddy]

I signed up for a wallet and a couple of sites, but finally decided it's just another gimmick to start a feeding frenzy to exploit people into working for even less that don't understand the gig. What's wrong with plain old USD ($$$) and PayPal?

[champak97]

Some countries have banned bitcoins, and I think it is the latest crazy thing, that Silicon valley is after.

[davidh121]

I would have loved to join into the Bitcoin market when they were only 10 cents in 2010, but at the rate things are now the market there is just to volatile. I don't see this anymore stable than putting trust in a HYIP.

[surveygrabber]

I signed up for a wallet and a couple of sites, but finally decided it's just another gimmick to start a feeding frenzy to exploit people into working for even less that don't understand the gig. What's wrong with plain old USD ($$$) and PayPal?

There's nothing wrong with the old USD and Paypal. Bitcoins are a digital currency where people are fast becoming fascinated with. I support Bitcoins no matter what. Microsoft founder Bill Gates even supports digital currencies worth of hundreds and thousands of US dollars. He believes it will help the poor and needy people throughout the world. He also believes digital currency will make poor people obsolete. Here's a story on his thoughts about Bitcoins.

http://www.businessinsider.com/bill-gates-bitcoin-2014-2

[Timberlan127]

This is when I feel old. I've never heard of bitcoins before. I have no idea what they are. But it doesn't sound like I want to find out.