Is Bitcoin done?
|
| Author | Content |
|---|---|
| lqsh Apr 05, 2014 4:20 PM EDT |
I'd like to hear your thoughts.. |
| NoDough Apr 05, 2014 5:46 PM EDT |
http://www.brainyquote.com/quotes/quotes/m/mahatmagan103630.... |
| lqsh Apr 05, 2014 6:28 PM EDT |
And what about the 200+ alt currencies? |
| gary_newell Apr 07, 2014 3:32 AM EDT |
You would be a brave person to have your life savings saved in a virtual currency. You are one flick of a switch away from your money disappearing forever. No government backing, no way to resolve the situation. |
| lqsh Apr 08, 2014 12:35 PM EDT |
Based on historical charts there have been a couple times (at least) where the price has gone up 10x, followed by a 50% drop, and repeat. Now that we've dropped 50% from the last high I wonder if another 10x increase is coming in the near months? Whether or not Bitcoin has any kind of long term future, I wonder if there is another bubble phase left in it.. |
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