Bitcoin
Out of context: Reply #730
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These comparisons to the "internet" is a little ridiculous. So is comparing it to Facebook. It is two things, yes? A transaction tool (that needs much refinement, now it is too slow to start...I, for one, would never try until it can all be instantaneous, no delays) and a wannabe currency.
It could change things, but the value is tied to demand, nothing more, so if it loses its "cool", it'll be worthless. I think these comparisons to a company that is making billions and something the majority of the world relies on daily is a little far fetched.
But who knows, all this is interesting, just as watching tech stocks, or commodities are. This is a traders dream.
Don't forget, the 'talk' is not any different than much of the promises in the dotcom era - lots of momentum and promise, but no true value or substance.
- True. And no one really knows. Just a lot of believers and a lot of naysayers making noise.inteliboy