I think Bitcoin or something like it has a future, but this particular currency is still a little too scary to trust in. When I first heard about Bitcoins, they were worth $16, and now they're over 10 times that? And still with the risk of the US and Eurozone ready to find any excuse to make their use illegal?
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Response by jason10006
almost 13 years ago
Posts: 5257
Member since: Jan 2009
Imagine trying to buy or sell something in a currency that goes up or down by as much as 60% in one day. One day. That is insane.
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Response by greensdale
almost 13 years ago
Posts: 3804
Member since: Sep 2012
Jason the retard: Buy Priceline stock, not Bitcoin:
jason10006
about 1 hour ago
Posts: 4833
Member since: Jan 2009
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5 years ago Priceline stock was was at $128.38 per share and now it's $733.99 per share. I believe the people of Cyprus would rather own Priceline stock over the long term rather than a metal -noncurrency that gold bugs are shamelessly trying to hype.
2. it is based upon the same principle as the numerous failed
barter sites that have arisen over the years
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Response by Riversider
about 12 years ago
Posts: 13573
Member since: Apr 2009
looks like bitcoin will not survive, but ironically it is the ultimate fiat currency, showing it has no intrinsic value. anyway, gold proved yet again to be a better store of value. maybe bitcoin will survive as a payment system, but not as a currency.
stick with gold
Jason still a retard, and now crashing.
retard is a word assholes use
Asshole is a word retards use.
I think Bitcoin or something like it has a future, but this particular currency is still a little too scary to trust in. When I first heard about Bitcoins, they were worth $16, and now they're over 10 times that? And still with the risk of the US and Eurozone ready to find any excuse to make their use illegal?
Imagine trying to buy or sell something in a currency that goes up or down by as much as 60% in one day. One day. That is insane.
Jason the retard: Buy Priceline stock, not Bitcoin:
jason10006
about 1 hour ago
Posts: 4833
Member since: Jan 2009
ignore this person
report abuse
5 years ago Priceline stock was was at $128.38 per share and now it's $733.99 per share. I believe the people of Cyprus would rather own Priceline stock over the long term rather than a metal -noncurrency that gold bugs are shamelessly trying to hype.
bitcoin is just another tech bubble like google
jason is a retard, but retards do well these days
Is Bitcoin money?
http://streeteasy.com/nyc/talk/discussion/25126-is-bitcoin-money?last_page=true
Are the Winklevosses money?
http://blogs.wsj.com/moneybeat/2013/07/01/winklevoss-twins-file-to-launch-bitcoin-exchange-traded-product/
http://dealbook.nytimes.com/2013/09/25/fund-to-let-investors-bet-on-price-of-bitcoins/?_r=0
"This Is The World's First Brothel"
http://www.businessinsider.com/this-is-the-worlds-first-bitcoin-brothel-2013-9
Bitcoin Brothel
1. Bitcoin is a Ponzi scheme and a complete fraud
2. it is based upon the same principle as the numerous failed
barter sites that have arisen over the years
looks like bitcoin will not survive, but ironically it is the ultimate fiat currency, showing it has no intrinsic value. anyway, gold proved yet again to be a better store of value. maybe bitcoin will survive as a payment system, but not as a currency.
Gold, still not a currency.