However, my first point is valid, look at the history of aluminum and you will see that extraction method is key to the values of PMs.If lots of people hold Bitcoin just because, that highly viscous environment suggests a high price for Bitcoin relative to other currencies and things.
Bitcoins have increased 7.5 times in value over last year, but it looks more like tulip bulb mania than good investing.The rise of bitcoin, as a concept, is a direct by-product of the corruption and totalitarian nature of the fiat system.
BITCOIN - Mercatus CenterSearch for: Posted in Bitcoin News, News, Reddit Tagged 247 Bitcoin, Bitcoin, Bitcoin News, Bitcoins, BTC, Reddit.A virtual currency is a digital representation of value that can be. 1-4). Bitcoins:.Also, it is not quantum resistant due to elliptic curve usage.Users who sign up through us get a 10% fee discount for 1 month.
Statistically what has to happen for 1 Bitcoin to be worth 1 million dollars.
Bitcoin - Open source P2P money
India Bitcoin: News, Prices and AnalysisTo the extent they can stay clear of the regulatory morass, they may be less expensive, more innovative, and, in the early going, more risky.
More interestingly though, is that as bitcoin continues to rise it will in turn put pressure on the fiat system to become ever more corrupt.If the moon was covered with gold, Elon Musk would probably be building a hypeloop to get there.
Bitcoin worth almost as much as gold - Nov. 29, 2013Money spent today is worth less than money spent tomorrow, usually, sometimes it goes the other way.GOLD will be the first to fail to bitcoin, then the US dollar will collapse to it as well.Elliptic curve is vulnerable to theoretical speedups from quantum computing attacks.Individuals have lost Bitcoin because of hard-drive crashes. (This will cause small losses in the total quantity of Bitcoin over time.) Bitcoin exchanges have collapsed because hackers broke in.
Sophisticated efforts to mask payments will be met by sophisticated efforts to track them.
What's 1 bitcoin worth? Ask Bing | PCWorld
100% Accurate Satoshi to USD | Satoshi to BTC (BitcoinSo Bitcoin lags traditional currencies along the security dimension.Find all you need to know and get started with Bitcoin on bitcoin.org.Probably too many cockroaches for them to all have multiple bling.
Why a Bitcoin Price Prediction of $1 Million Isn't CrazySurveillance-Resistance: Where you put your money is a reflection of your values.
However, if bitcoin scales without any serious problems and tends to appreciate instead of lose value over time, then maybe adoption will be above 1%, sooner than later.Though, some tech savvies who managed to ride the early waves will present new faces in the top 1% clique.For a quick and easy way to determine the value of your Bitcoin in fiat money, check out this Bitcoin exchange calculator.But Bitcoin certainly has value of a different kind: it may discipline fiat currencies and the states that control them.The genius of PayPal (after it gave up on being a replacement monetary system itself) was quick transfer to most places that rich people want to send money.Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted.Much of the commentary declares a Bitcoin bubble for one reason or another.
Cost: How many billions of dollars per year do we pay for storage and transfer of money.If you want something I have and I say BTC is worth nothing, you have to go and convert your BTC into something that I will accept as payment.I have a hard time being concerned that excessive savings could occur.Regardless of what the final number is, I think bitcoin (or some competing crypto currency) is going to bring about the most massive redistribution of wealth that the world has seen thus far.