Bitcoin

Out of context: Reply #1015

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  • Ianbolton0

    What if this isn't a bubble or fad and we're looking at an out-and-out replacement for world currencies because people are pissed off with bankers? Unlikely I know, but what if the global financial market crashes again? I'm just sat here rubbing my hands waiting for something to happen.

    • Whether it happens within a decade, a century, or more I'd say it's almost totally inevitable...
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    • You do know that was the whole point in the first place?
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    • crypto currency is in infant stage. It's here to stay. Gambling aside, this new technology will create new industries and change the way we use currency.zaq
    • I get it was the main intent, and completely inevitable but I love all these people who say 'it'll crash' or 'it can't work' and whatnot.Ianbolton
    • Almost like they're trying to calm people down but it's impossible to stop people going crazy for it.Ianbolton
    • Yea, well people were saying that when it was at $100, then $500... Then $1000... Then $5000 etc etc haha
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    • what i don't understand is how to control the growth of blockchain size. that makes me think it wont work out
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    • Bitcoin as I understand it has some pretty serious technical issues in terms of speed and transaction cost.yuekit
    • What's interesting is that you now have so many people working on similar concepts, and mainstream media discussing it.yuekit
    • monkey see monkey do? i talked to my mom last night and she mentioned she heard of bitcoin just the other day and asked if it was really a physical coin.
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    • makes me think maybe its hit its saturation point. since my pops just retired and he needed financial help wanted t make sure he didnt got bitcoin by an advisor
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