1465 posts
  • Has been part of the Envato Community for over 4 years
  • Had an item featured in an Envato Pack
  • Has sold $1,000+ on Envato Market
  • Located in United States
+3 more
WebSmacker says

This should answer questions as to why Envato doesn’t accept Bitcoin. It’s a very fragile currency, and last night it has dropped 50% because China has blocked it.

http://techcrunch.com/2013/12/18/bitcoin-drops-50-overnight-as-chinas-biggest-btc-exchange-stops-deposits-in-chinese-yuan/
5492 posts
  • Has been part of the Envato Community for over 4 years
  • Has referred 1+ members
  • Located in Australia
  • Has sold $1,000+ on Envato Market
+4 more
Australia says

< never did understand it.

801 posts
  • Has been part of the Envato Community for over 6 years
  • Has been a beta tester for an Envato feature
  • Located in India
  • Sells items exclusively on Envato Market
+1 more
laranz says

I still didn’t understand what Bitcoin is :superbashfulcute:

1465 posts
  • Has been part of the Envato Community for over 4 years
  • Had an item featured in an Envato Pack
  • Has sold $1,000+ on Envato Market
  • Located in United States
+3 more
WebSmacker says

^ me neither. I’ve just seen a few threads where people really want to use it here.

101 posts
  • Has sold $1,000+ on Envato Market
  • Has collected 1+ items on Envato Market
  • Located in Canada
  • Has been part of the Envato Community for over 4 years
+1 more
brandilea says

< never did understand it.

I’ve watched a lot of videos, read a lot of articles, been on tons of blogs so…

I still know jack squat about it. :|

5492 posts
  • Has been part of the Envato Community for over 4 years
  • Has referred 1+ members
  • Located in Australia
  • Has sold $1,000+ on Envato Market
+4 more
Australia says

lol

Thankfully I amnot on my own :)

Is it like a really complex png64 image file ? How do you distinguish one coin from another, plus if its digital, does it actually have an image, or is it just a whole massive series of data?

7604 posts
  • Has been part of the Envato Community for over 5 years
  • Has sold $40,000+ on Envato Market
  • Sells items exclusively on Envato Market
  • Located in Europe
+5 more
doru says

someone is afraid of bitcoin and try everything to kill it. This means creating big fluctuations by buying at high price and then sell for nothing to scare normal people off this currency. Also creating laws to block user accessing this digital currency instead of the official currencies. (like China did)

While this “someone” can’t falsify bitcoins as how they do with normal currencies, they got their hands on a big stash of bitcoins and now they are using this to create roller coaster fluctuations.

We see if the currency resist to these attacks.

158 posts (-_(-_-(-_-)-_-)_-)
  • Has referred 100+ members
  • Has sold $125,000+ on Envato Market
  • Has been a beta tester for an Envato feature
  • Has collected 10+ items on Envato Market
+4 more
Skywarrior says

This should answer questions as to why Envato doesn’t accept Bitcoin. It’s a very fragile currency, and last night it has dropped 50% because China has blocked it. http://techcrunch.com/2013/12/18/bitcoin-drops-50-overnight-as-chinas-biggest-btc-exchange-stops-deposits-in-chinese-yuan/

Yes but it also went up like 600% in a week so everything is not sad faces. If you would have bought 1 BTC beginning of this year (like I did), it was at around 50$~ now is at 600$+ and last week was at 1000$~

85 posts
  • Has been part of the Envato Community for over 1 year
  • Has sold $100+ on Envato Market
  • Located in United States
mattborchert says

Yesterday was a wonderful time to buy, prices will go back up. Already increased strong overnight.

Bitcoin is a digital currency, and therefore it isn’t centrally controlled by any government. People deal in bitcoin because they don’t trust the governments controlling all currency. It’s also stunningly secure and near impossible to track.

363 posts
  • Has been part of the Envato Community for over 2 years
  • Has sold $1,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Made it to the Authors' Hall of Fame
+2 more
mlamanna says

bitcoins, to many question unanswered about it.

by
by
by
by
by
by