Posted: 4/16/2015 1:56:31 AM EDT
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Discuss.
Is it a fad or is it rad? This is a chart of Bitcoin's price since it has been created: https://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= And this is a chart showing the number of daily Bitcoin transactions since it was created: https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= |
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Good episode of a podcast I listen to about bitcoin, episode 335: |
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6 years later and the idea is still valued at over $3 Billion by the market.
It may or may not exist in any meaningful form 6 years from now but it's clearly withstood quite a bit to get this far. If the idea had no merit, It would have crumbled to dust back in early 2014 and it would have happened in a matter of days. |
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Quoted: 6 years later and the idea is still valued at over $3 Billion by the market. It may or may not exist in any meaningful form 6 years from now but it's clearly withstood quite a bit to get this far. If the idea had no merit, It would have crumbled to dust back in early 2014 and it would have happened in a matter of days. I agree. I've got some btc. Not planning on selling it, I'm not putting money into it either. I'll let the market decide it it's worth more later. If someone wanted to pay me for something in btc I would accept the payment, but probably cash out if it involved very much money. |
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Quoted:
Ultimate scam. People are lining up to buy this shit, then those with the servers make off with millions. ... Oh, and it's the perfect secure, untrackable, untraceable currency. Underground economy, black market, occupy Wall Street!  Actually with all the libertarians on GD, Im surprised its not a daily topic. |
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Quoted:
Ultimate scam. People are lining up to buy this shit, then those with the servers make off with millions. ... Oh, and it's the perfect secure, untrackable, untraceable currency. Underground economy, black market, occupy Wall Street! I've never run a miner, but I've been involved in Bitcoin since 2011. I bought my wife a car with them a few months ago. |
