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Old 03-29-2013, 05:07 AM  
MrMaxwell
Too lazy to set a custom title
 
Industry Role:
Join Date: Jul 2005
Posts: 10,057
I have figured BITCOINS all out


This shit
Is bananas
B, A-N-A-N-A-S
This shit
Is bananas
B, A-N-A-N-A-S
Again, this shit
Is bananas
B, A-N-A-N-A-S
This shit
Is bananas
B, A-N-A-N-A-S





But seriously, look it at this!!


That weekly chart is insane.
What in the WORLD is going on here? They even have realtime LII http://bitcoin.clarkmoody.com/

This is getting pretty crazy
I don't see how it could possibly sustain that rate of growth

With $96/coin and about 10,000,000 in existence thus far- that means the whole currency has an intrinsic value of nearly $100,000,000 ... or does it, since so many people "mined" theirs fairly easily before it became so popular

I am so confused

This can't go on forever. I don't know what in the world is going on here, but it's the most interesting thing I have seen in a long time. I know the governments will never allow this to have any success (bet on that- they won't) but it sure has been an interesting effort.
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