And $100/BTC. It's replacing state currency in Cypress.

Skyrocketing past $140 now. I know I'm probably talking to myself here, but we are seeing a very unique thing in the history of money. I'm not going to pretend to know where it's going, too many variables. But it is fascinating!

I think bit coins are awesome and are a way forward if not "THE" way.

Right now I think the price is gonna fall to under 60 in a week or so kind of like it did last year, and that's the time if you don't have any is to get some! The price will be going back up.

Up over $700 now. . .

It was one of MANY exchanges representing not that much total volume. The gap will be filled and the services stronger in the wake.

I don't care, I saw, I posted.

Roger.

MT. Gox was a bigger exchange but I think the first round of speculators have now jumped out and this bubble has now gone bust. I still think the BTC will go on and the price will go back up.

It was bigger among the exchanges, but I think total volume was <10%. It went bust to >$500 which is still way higher year over year. That shows resilience, not frailty.

It's not going anywhere. Even larger banks/firms are getting interested. It's a mechanism for payment transfer with essentially zero transaction costs and is fully/absolutely denationalized (no FOREX).

It has to stabilize more in basic value and expand in acceptance for payment of goods and services in the first place. This will probably be a long process, but it has all the basic markings of an excellent, true zero BS international money.

Over $2,000/BTC now. $100 of BTC 7 years ago would be about $75 million now. Yes you can liquify them. The concept is here to stay as there are competing "cyrpto currencies" now.

http://www.cnbc.com/2017/05/22/bitco...bove-2100.html

:drink:

I see more and more Cash to Bitcoin machines popping up, there were TONS in Australia

They can also be an interesting signal of trouble. In South Korea, it's increasingly popular. The Greeks use them to bypass their shit show of an economy and so on.

I'm surprised I didn't see any of those machines in Greece, it's a borderline third world country. Good thing they don't have any oil, they'd be getting a shit ton of freedom by now. :judge:

Over $6,000 now . . .

Come on now, Greece is in trouble, but it's not a third world country by any means. They still get tons of revenue from tourism every year.

Pretty sure this is a bot, but in case it's not. You obviously haven't been to Greece, spend a day in Athens and your argument loses quickly.