The dollar is backed by: Let's say you are the leader of a big oil producing country, shall we call you Saddam, and you get the crazy idea of switching to bitcoin or euro or seashells, instead of petro dollar, I have a feeling you will have stormy days coming...
A limited supply of something that can be replicated for free . Infinite valuation based only on first mover advantage? I think its a mania of epic proportions. But can't stop a mack truck doing downhill.
In the thread: whiners that missed out to the early adopters and are now trashing it like sore losers.
1. Early adopters sold at 100. 2. There was plenty of time to get on board after Mt. Gox and enjoy the ride.
Maybe this is trolling. Maybe not. But it seems about par that the biggest BTC whiners are people with the handles "SoesWasBetter" and "recession2016." Throw in Pekelo too. Does he even trade a dime? My guess is Pekelo will be all into crypto when Bosspizzacoin is pre-mined.
"Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price" http://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html .
Where can I get that delicious pizzacoin? On the other hand dumbass, you are saying I can only talk about TSLA if I own TSLA stocks? Somehow I missed that rule... ------------------- Posting from the same website as the previous poster: http://www.cnbc.com/2017/05/24/ethereum-price-bitcoin-rally.html