Why is it that when we talk of e-currency it is assumed that we are talking about bitcoin? Are there no other e-currencies that exist e.g. Lightcoin, Namecoin, ect?
Today close of Bitcoin at 70$. That is a classical bubble case
If Andreessen Horowitz is going to drop some traditional money here seems this idea is not coming form a bunch of jerks.
I think a new age is upon us.
Where we will not only trade Eur/Usd & Gbp/Usd etc
But new pairs, Bitcoin/usd bitcoin/gbp & ripple/usd ripple/gbp etc
Welll... It's quite hard to understand some of you. I thought you were traders, and traders profits on volatility. You need one market and you need inherent volatility. Both are needed to make money.
But, in lot of posts, lately, I was reading the same complain: the currency moves to much, this is a bubble, this does not have future, this X, this Z.
I'm feeling most of you behaves like some child's: If the market does not give me what I want, bad Market bad, I will tell my mommy.
Are you Forex Traders or, are you Forex Lurkers ? or, you choose the wrong job.
Are you looking for you 50 pips a day? still searching? really? find a waitress job, you will earn more there than trading.
I've found an interesting and detailed article about bitcoin
Currency Of The Revolution, Or Tool For Online Vendors? The Many Faces Of Bitcoin [Feature]
Do a search in the website, there are many other articles.
And some manual
Virtual Currency: The MakeUseOf BitCoin Manual
Do you mean we're all surrounded by bubbles?
According to your theory APPLE is another bubble. The pattern is almost the same.
And now compare APPLE with last Bitcoin chart.
Latest about bitcoin :
US Government Begins BitCoin CrackdownFeds seize money from Dwolla account belonging to top Bitcoin exchange Mt. Gox
Government is not going to let any competition in do what they (the government printing machines) do.
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