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Topic: Bitcoin is dead - page 3. (Read 3728 times)

hero member
Activity: 924
Merit: 1000
August 23, 2014, 02:11:59 PM
#3

^^^--Thread starter

Im sorry, but that was funny... But to respond to the  op, Dont you realize that there are hundreds of millions in VC money? yes, countries can make their own alt coin, but they will have a tough time to get everyone to accept it. Bitcoin was the first and the rest imitators. Im sure Freddie mac will have their own alt coin very soon, but It wont effect the bitcoin world..

The bitcoin will be very volitile for years, I think. Wait til the infrastructure gets built up, then watch out..

Im sure im talking on deaf ears...
legendary
Activity: 1512
Merit: 1000
August 23, 2014, 02:07:52 PM
#2

^^^--Thread starter
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
August 23, 2014, 02:04:41 PM
#1
Wake up people already. Bubble can't last much longer, it's game over. You can sell at $500 and get any value out of it, or wait until it goes to zero. Ask yourself, would you rather own 500 dollars (backed by US military and economy) or one Bitcoin (backed by nothing but speculation and held by obscure early miners and adopters). It's so obvious but people always become blind during the mania. If cryptocurrency was ever to live, it wouldn't be bitcoin. Nations can create their own cryptocurrencies, and then your "algorithm agenda" goes down the toilet. Algorithm is basically useless, since it can easily be recreated. Price of bitcoin is nothing but speculative bubble with no fundamentals.
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