Thread: RIP Bitcoin
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Old 08-08-2011, 12:48 PM  
facialfreak
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Join Date: Feb 2005
Location: Montreal
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Quote:
Originally Posted by holograph View Post
difference is bitcoin is not a stock.

value of bitcoin doesn't affect it's usefulness and functionality all the way to it's complete fail as you may be thinking, it works just as well costing $100 or $1 . I highly doubt it will ever reach $0, unless something radical happens with blockchain or sha-256 gets cracked, which are very unlikely scenarios; even if sha-256 gets cracked, higher security standard will be applied.
Until the day that I can pay my mortgage with BTC ... or buy groceries with it ... it's value in the real world is VERY RELEVANT ... sorry to say.
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