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Unless people really start using bitcoins for a lot of things fast I'm worried that bitcoins are just this generation's "tulip mania"

• deleted 10y ago
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• _coldfire 10y ago
  https://blockchain.info/charts/n-transactions-total?timespan=all https://blockchain.info/charts/n-transactions-total?timespan...
  • logical42 10y ago
    Buying bitcoin counts as a transaction, so I'm not quite sure this proves what you think it proves..
  • tdb7893 10y ago
    How many of those are actual business transactions and how many are people buying/selling bitcoins or just moving coins around? While we are seeing more transactions as far as I know the only people buying with bitcoins are people buying illegal things and bitcoin hobbyists. With gold at the end of the day you have a precious metal and fiat currency you can always use to pay your taxes, but bitcoin has the potential to leave you with nothing of any value if it crashes, just like tulips. I'm not saying it definitely will crash but it's a worrying possibility and I personally would never have any large amount of net worth in bitcoins unless something changed
• joshontheweb 10y ago
  Just my recent experience but I used bitcoin to purchase an explainer video for my web app. Many freelancers / contractors like the ease and speed of bitcoin. No waiting for checks in the mail or taking a 3% haircut taking credit cards. I already have accepted them as payment and I'm hoping to add them as a payment option for my app soon as well.