Does pets.com business model rival what the implications of BTC are? People keep using the word bubble, well bubble based on what? I say it with a smile on my face because I have seen BTC drop 50% in hours, so anyway...
Yes, it had also no intrinsic value whatsoever. People keep using the word bubble, well bubble based on what? Chart pattern. Once it goes parabolic, it is a mania. Look at the posted oil chart and how much it dropped...
Well, if you like to risk your money: http://www.butterflylabs.com/ They are taking orders for the rig, but delivery is 6+ months (they haven't delivered any, AFAIK), and there is a chance that they will rip you off or by the time you get it, it is not economical....
WTF??? Up 200% in 3 weeks??? 450% in 7 weeks? I just posted 2 charts, BTC and historical oil, they are exactly the same, and oil crashed down to $40...
Be that as it may, there is nothing parabolic about its historical returns up till this very moment. If BTC hits 250-400 USD each within a couple weeks, then I will be the first one on the bandwagon.
Max Kieser thinks Bitcoin will capture 1-10% of all forex trades. ~100,000 USD per Bitcoin. Great interview. <iframe width="560" height="315" src="http://www.youtube.com/embed/wmfLTKRphxU" frameborder="0" allowfullscreen></iframe>
Dude, seriously, give it up. It went parabolic in the last few days/weeks. Who cares it was a flat line in 2011??? Look up what parabolic means then look at the chart then be a man and acknowledge that you were wrong. End of story... Don't believe me, believe in the experts: "Bitcoin goes parabolic: The perfect bubble?" http://www.marketwatch.com/story/bi...perfect-bubble-2013-04-03?link=MW_latest_news