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From the article: "But in the long run, we're all dead, and Bitcoin might be too." Google "bitcoin is dead". Go on, I'll wait. Here I'll make it easy: http:/
by TehCorwiz 12y ago
From the article: "But in the long run, we're all dead, and Bitcoin might be too."
Google "bitcoin is dead".
Go on, I'll wait.
Here I'll make it easy: http://lmgtfy.com/?q=bitcoin+is+dead http://lmgtfy.com/?q=bitcoin+is+dead
They've been claiming that since at least 2011.
The fact is that it isn't dead or dying. It's still 10x what is was worth in 2012. Currency markets move and when you have to trade one currency for another. We just saw the first real bitcoin xmas last month. With some big names accepting btc for the first time. Those vendors want their fiat and have to sell it on the market to cash out. That's one of many factors right now which includes government auctions of seized bitcoins. As adoption increases and more can be done within the bitcoin ecosystem it will stabilize.
- bdcravens 12y agoBitcoin itself isn't dead, but for some it is, if your play was to get wealthy off of it. For those who haven't been following it long, but who saw the rocket ship of 2013 and wanted a ride, it may be dead for them. I'm perfectly okay with that, as speculation usurped what it can really accomplish.