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The candlestick charts are not telling a pretty story about trust right now. Bitbugs keep the faith and talk about buying with blood in the streets since it alw
by pistle 13y ago
The candlestick charts are not telling a pretty story about trust right now. Bitbugs keep the faith and talk about buying with blood in the streets since it always bounces back, but every flash crash comes with a worse story.
The headline is "Largest Bitcoin Exchange Doesn't Understand Bitcoin"
What hope do retailers and any but the very-technical have in managing the risk implicit in digital currencies?
Not to mention, seeing supporting forum posts where people are discussing the parts of fractions of coin being sent around... do people really think 8-10 digits past the decimal can hope to be manageable for consumers? It's bad enough to deal with Yen conversions.
Please tip your server .00343874938239487 bitcoin. When 15% of the value can evaporate while business is happening... when do you bill the customer for lunch? When they order?