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Bitcoin Craze
#1
Dear Forum Users,


It's been 2 years since i have posted on this forum. I apparently didn't follow the rules. But I have grown wiser now.



Anyway, I for one am very excited about this bitcoin craze that has enticed everyone since 2009. This currency could end problems all over the world.

I also hope, at $600-$800 per coin, it will stay forever.


What are your thoughts?
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#2
I think it was hyper inflated because of the Chinese buying them so rapidly and when their government outright ban hammered them, the inflation is only going to stop.
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#3
They don't really make any sense to me. Then again, neither does the idea of capitalism.
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#4
Eh, if it didn't work, we'd be having a completely different conversation.
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#5
Personally, I prefer dogecoins
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#6
(01-04-2014, 05:15 AM)[robo9] Wrote: Personally, I prefer dogecoins

many decentralization
such hoard

w0w
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#7
(01-04-2014, 05:15 AM)[robo9] Wrote: Personally, I prefer dogecoins

the fact this is a legitimate currency upsets me

a lot
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#8
(01-04-2014, 11:47 PM)Rhyme Wrote:
(01-04-2014, 05:15 AM)[robo9] Wrote: Personally, I prefer dogecoins

the fact this is a legitimate currency upsets me

a lot

Wait, it seriously is? I thought it was all a joke.

Googled it and found this.
http://noisey.vice.com/blog/screw-bitcoi...on-the-way
I am scared.
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#9
I guess pretty much anything could work as a non-standard currency... I mean, that's what collectibles are all about.
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#10
With that taken into consideration I'm surprised Capcom haven't started using Bison Dollars yet. I wouldn't put it past them at this point.
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#11
Here is a nice summary of everything wrong with Bitcoins: http://brokenlibrarian.org/bitcoin/

Bitcoins were only ever intended as a conceptual thing (i.e. "This is how a virtual currency might work"). It was then adapted directly to a real implementation without much thought into it, and thus has a lot of serious flaws. I'm all for the idea of a virtual currency, but Bitcoins don't work well enough (it's debatable whether or not they work at all).
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#12
If anything we should rename Bitcoin to Bison Dollar, then i'd be okay with it
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