An Overview of Bitcoin

Discussion in 'Crypto Assets' started by Baron, Oct 24, 2013.

  1. Baron

    Baron ET Founder

    Here's a pretty decent overview of Bitcoin for those interested in learning more about it:

     
    Last edited: Jan 8, 2015
    Langkawi and cryptodaily like this.
  2. Baron

    Baron ET Founder

  3. murrica

    murrica

  4. ElCubano

    ElCubano

     
    Last edited by a moderator: Jan 8, 2015
  5. Hoi

    Hoi

    This is a must watch:

     
    Last edited by a moderator: Jan 8, 2015
    Sprout likes this.
  6. Pekelo

    Pekelo

    The map of coins, showing the origins and short info about 200+ altcoins:

    http://mapofcoins.com/#

    2 years ago there were only 12, now it is above 200, just showing how easy it is to enter the digital currency market. If the number of altcoins is growing faster than interest in digital currency, that means the avaialble cash has to be spread out more evenly among them...
     
  7. The complete annotated price chart of Bitcoin, with all the ups & downz:

    [​IMG]
     
    Last edited by a moderator: Jan 8, 2015
  8. I believed the hype and now I'm losing my ass holding this at a 60% loss.

    Thanks.
     
  9. Hoi

    Hoi

    Be aware that the (current) price of the Bitcoin-currency is no good representation of the booming ecosystem (which is still in the pre 1995 Internet period). This year the more than $500 million investment money didn't flow into the currency itself (as in previous years) but in start-up companies and ecosystem! These are the steps needed, before mass-adoption can happen in the next 3 to 6 years. In other words: Bitcoin as currency isn't a trading-instrument but a long time investment for connoisseurs.
    Each week new well-known companies join, just recently Microsoft and TIME inc. As well as PayPal themselves. Just a testimony of Bitcoin's promises.

    All I can say, is that the current price of $300 (which is less than 5 billion market-cap) is a bargain for such an disrupting and innovative proposition. {I myself will hold my coins at least until 2017}.
     
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  10. Pekelo

    Pekelo

    Looks like the Russian people didn't think bitcoin is better than their falling rubel. Not even that event drove the price up. If in a year where it was mostly positive news and adoption in several fronts the price dropped 60% YTD, that is not good news for the future.

    Oh yes, my prediction from the beginning of the year (this will be the first year where price ends lower by year's end) came to be very true. Would you like to hear my next year's prediction? :)
     
    #10     Dec 19, 2014