People using legal tender to buy nearly off the grid bitcoins as a speculative vehicle concerns me. I read the hype and honestly I see much of the precious metals babble being regurgitated, only here itâs an intangible people are âinvestingâ in. I say get that money and ride the momentum but donât marry ANY speculative vehicle. At the end of the day the US government doesnât like competition very much, they will probably crush bitcoin down the road IMO.
It is now over $1k, I canât even get charts to come up because people are probably hammering servers on the hype.
Added----
They were like $10 at the beginning of the year, sure seems like tulip mania to me. LOL
HmmâŚ
Bitcoins = One world currency = New world order = End of days = Hold onto your butts =P
Hahaha⌠Thatâs like showing your credit card on TV.
Change title to âwho ended up gang raped investing in bitcoinâ?
I compare this to the people who post twitter pictures of their credit card.
As for investing, the market is up and down so much. Litecoins are cheaper and may be a good buy =)
I should probably buy some litecoin who knows if they will hit 1000 some where down the line.
$579
Yep. Still mining away and bought back in cheap. It will rise again when people realize Gox isnât all that is Bitcoin and the system survives without it. Hell, Gox hit like sub $200 the other day.
The result of Gox from the Bitcoin foundation did make a great point.
More Gox news which everyone ties to being everything bitcoin. Buy in cheap now while this continues and people realize that Gox is not mean everything Bitcoin.
I still donât understand any of thisâŚbut Iâm ok with it.
It doesnât reduce wealth, it simply redistributes it. That guy lied.
Word on the street is they got hacked
The concierge at the home of the chief executive, Mark Karpeles - an upscale apartment in the Shibuya district - said he was not answering his intercom. His mailbox was so stuffed with mail that the flap would not close.
Shibuyaâs a cool place⌠but sounds like he bailed, lol.