Not surprised in the least. Still has a little more to go before Wall Street moves in:
I'm sure you can get funds into MtGox, but I highly doubt you'll get anything back out at this point, so the answer is "no".
Wall street is moving in any day now.
Not much. I think the current rate is around $197. So it has fallen quiet a bit since the hype has slowly died off. That's a good thing though because it helped stabilize the exchange rate.
lol. Yes, it has stabilized SO much. Bitcoin always has been, is, and will be a niche for geeks and anarchists to dream of a shitty world which their anti-social and apathetic pea-brains can wrap around. Then their Mom runs out of hot pockets and they lose their shit.
Haha I bet this thread is full of a lot of people who got raked over the coals on this stupid venture. Some might even think its laughable crash is a "good" thing or it is still going to get into the thousands again. Bitcoin was always a stupid implementation of virtual currencies.
Haha I bet this thread is full of a lot of people who got raked over the coals on this stupid venture. Some might even think its laughable crash is a "good" thing or it is still going to get into the thousands again. Virtual Currency, like Virtual Reality, was always a stupid implementation of reality for geeks who can't make real money, or get a real girlfriend and need to make up money and screw a VR chick while using a fleshlight.
everything that is stupid about it must surely be in this thread. The proof in the pudding is its crash now of 80% from peak and it will keep crashing. it is a shitty currency, it has no stability, no security, exchanges that keep getting hosed, etc. the better question is what doesn't suck about it and the answer is very little.How so? What exactly is stupid about it?
everything that is stupid about it must surely be in this thread. The proof in the pudding is its crash now of 80% from peak and it will keep crashing. it is a shitty currency, it has no stability, no security, exchanges that keep getting hosed, etc. the better question is what doesn't suck about it and the answer is very little.
Honestly at this point if you still have faith in Bitcoin, you can't be educated except by buying some and losing more money. That may drive home the lesson.
So you have no actual idea what is 'stupid' about it.
The bread and butter of the bitcoin protocol is the blockchain. The solution it provides to a specific problem of transferring arbitrary data and messages securely between two parties on a trustless network. The applications for that ability reach far beyond walking into a store and buying something with Bitcoins ala fiat currency.
What you see today of 'Bitcoins' is not the final stop for the 'bitcoin protocol'. It doesn't matter if the price of one "Bitcoin' is $0.000001 or if it is $1,000,000, the 'bitcoin protocol' will still function.
Yes yes, we all know that it solves a problem that doesn't really need to exist for the vast majority of people living their lives in a normalized society.
The problem exists for any set of two people in the entire world that wish to transfer data/information among themselves.
Not really, I just send an email with a file attached.
lol. Yes, it has stabilized SO much. Bitcoin always has been, is, and will be a niche for geeks and anarchists to dream of a shitty world which their anti-social and apathetic pea-brains can wrap around. Then their Mom runs out of hot pockets and they lose their shit.
Bitcoin was the equivalent of the tulip bubble that occurred in holland.
At least when that went tits up you could grow tulips.Bitcoin was the equivalent of the tulip bubble that occurred in holland.
At least when that went tits up you could grow tulips.
Guess how I know you're not an true nerd.yeah, tulips are prettier than a long hex string