Message:

<p>[QUOTE=&quot;JohnV, post: 1823871, member: 46574&quot;]I have tried to understand the concept of bitcoins but I simply don&#039;t get it.&nbsp; I get so confused when I read about &quot;mining&quot; for bitcoins.&nbsp; How can you mine for something that is virtual?&nbsp; I see people on ebay paying hundreds of dollars for bitcoin mining machines.&nbsp; And the thing that really confuses me is that if something is virtual, can&#039;t you just simply make more?&nbsp; This is why I don&#039;t understand how the price of it goes up and down.&nbsp; </p><p>The price of precious metals go up and down because there is a limited amount on the earth, and once it&#039;s all gone you can&#039;t make more.&nbsp; With bitcoins, can&#039;t the creators use simple computer programming to make more? It just seems so risky to invest in something that&#039;s virtual.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in