Friday, September 10, 2010

Bitcoins!


I've recently heard of a new form of currency called Bitcoins. They are a P2P based currency that is mostly decentralized. It's actually surprisingly gaining hold recently, the value of a Bitcoin has jumped up quite a bit this year. Depending on your processor, you can gain some bitcoins everyday. The technology behind Bitcoins is pretty fascinating (although I don't really understand how parts of it work)! Oh, also, all transactions are anonymous and free! So you can give someone 10 bitcoins without having to pay 11 or so!

Here's a few links
The main site: http://www.bitcoin.org/
Sites that accept bitcoins: http://www.bitcoin.org/trade
Free 0.05 bitcoins per day: https://freebitcoins.appspot.com/

Cheers!

PS: Incase you want to give me some bitcoins, my address is: 1NqGRfG2JhgpYJX4vBh4rPAnaKimtznefp

7 comments:

  1. Hm, what exactly is the exchange rate for this currency? Would it be worth your time?

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  2. It's pretty low.
    In 5 days, I would have made about $0.03.

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  3. hmm.
    this is interesting.
    too bad i can't sit and read all these bit coin sites right now.
    but i'll check back in the morning.

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  4. Woah never heard of this currency before!

    ReplyDelete