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Bitcoins

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1164165167169170173

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  • TheTracker
    TheTracker Posts: 1,223 Forumite
    1,000 Posts Combo Breaker
    Still about US$230 overvalued IMO .

    And dropped 10% in the last 12 hours so 209 now.

    I think the value of a BTC is immaterial. If it was low or non volatile it'd make a brilliant cheap forex method. But not interesting to me as a store of value.
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    $180 Timber!
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    ...regular as clockwork.

    It's died so many times before and yet it just wont go away. Damned tulip bulbs.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • grifferz
    grifferz Posts: 568 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    JohnRo wrote: »
    It's died so many times before and yet it just wont go away. Damned tulip bulbs.

    http://bitcoinobituaries.com/
  • AG47
    AG47 Posts: 1,618 Forumite
    Will there be another blast off like last time?
    Nothing has been fixed since 2008, it was just pushed into the future
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    P2P with butcoin payments, contactless payments with butcoin cards......and a butapp for my mobile..._
  • AG47
    AG47 Posts: 1,618 Forumite
    The current international monetary system from 1971 will come to end sometime in the ne t ten years, the question is what comes next?
    Nothing has been fixed since 2008, it was just pushed into the future
  • puk999
    puk999 Posts: 552 Forumite
    Ninth Anniversary 500 Posts
    AG47 wrote: »
    The current international monetary system from 1971 will come to end sometime in the ne t ten years

    That sounds like a statement of fact, so source(s) please...
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    The current international monetary system from 1971 will come to end sometime in the ne t ten years, the question is what comes next?

    We will all pay with a tattoo of the Mark of the Beast on our right hands or foreheads, without which no man may buy or sell.

    Source: Revelations 13:16-17.
  • pops66
    pops66 Posts: 28 Forumite
    A bitcoin thread, interesting. I had always thought bitcoin was one of those wonderful technology solutions for which there was no problem.

    But I saw an article a few days ago, I think it was Visa experimenting with using the bitcoin network so John in London can transfer pounds to his auntie in Kenya who receives Kenyan Shillings, and neither of them is aware their money became bitcoin for a few minutes en route.

    If an app like that ever gets going, would that affect the value of bitcoin? Or not, because the bitcoin is only used temporarily?
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