Bitcoin

[BadgerJelly]

Hey, It seems to be established only in countries that have computers and internet. But it does have a uniform presence based on the USD (now at $793) , in Canada, Britain and Europe. And other counties, but these are the ones I'm following at the moment.

Huh? It's at $10900 not $793.

Will likely rise up to $40000-50000 over steadily before dropping again. I'm no expert though!! Just my generally impression of how things are going, but I'd expect it to be invested in more cautiously given the growth in public debate and scare mongering. Also, the other cryptocurrencies are lining up ... I am more interested in Bitcoin Gold long term, but yet to put money into anything because I'd don't have any to gamble with right now (and it is a kind of "gambling")

[zetreque]

Trade money for electrons? Not me.

[Admin1]

Hey, It seems to be established only in countries that have computers and internet. But it does have a uniform presence based on the USD (now at $793) , in Canada, Britain and Europe. And other counties, but these are the ones I'm following at the moment.

Huh? It's at $10900 not $793.

Will likely rise up to $40000-50000 over steadily before dropping again. I'm no expert though!! Just my generally impression of how things are going, but I'd expect it to be invested in more cautiously given the growth in public debate and scare mongering. Also, the other cryptocurrencies are lining up ... I am more interested in Bitcoin Gold long term, but yet to put money into anything because I'd don't have any to gamble with right now (and it is a kind of "gambling")

Seems like the hype is dying down though. Without more global currency destabilization, not sure whats going to drive more general interest into crypto. Still, there won't be a dramatic bust anytime soon.

[SciameriKen]

Seems like the hype is dying down though. Without more global currency destabilization, not sure whats going to drive more general interest into crypto. Still, there won't be a dramatic bust anytime soon.

I'd agree the Hype is dying down for now - but in 2013 Bitcoin shot up from ~$30-100 dollars to $1000 -- it then settled between $200-500 for the next 3 years until this resurgence took it as high as $20,000. The blockchain technology has many potential applications - I think we haven't seen the last of bitcoin -- next resurgence could take it to unbelievable heights but whether that happens in 2 years or 5 years or more, who knows?

[Kiddo]

All i can see in a cryptocurrencies - it's a new toy for the game-addicted people. There are a lor of cryptogames in the net and people are actually play them. But it's like you're too lazy to go to casino tho....

[Braininvat]

I confess I don't fully understand the immense energy requirements to "create" a bitcoin. Looks like Captain Kirk (er, sorry: Admiral Kirk) has reversed his earlier opinion of bitcoin....

https://www.washingtonpost.com/news/the-switch/wp/2018/06/14/william-shatner-wants-bitcoin-fans-to-boldly-go-to-this-solar-powered-mining-facility-in-illinois/?utm_term=.14d1ce43f3d3

[zetreque]

I am working on a real estate transaction and odd enough I was just given the option to pay the title company using either a credit card or a crypto-concurrency. The title company is already raping us over the cost of their services so I'm not surprised they would be the first I come across to utilize this stuff.

[Braininvat]

This person posted over 4 years ago, and no longer is a member here. Could you maybe research this topic and then tell us what you think that process might be? That's usually how we discuss things here. We aren't really an Answers Forum. It's more oriented to discussion and bringing your own ideas and point of view. Best of luck.