Thoughts on Bitcoin

[IAntDemo]

http://www.bbc.co.uk/news/technology-22105322

Ouch lol

 

[setishock]

I would rather a venture company trying to take on a Goliath like PayPal, take their sweet time in the planning stage. Getting in a hurry to push something to market is a bad business model.
Can you say Microsoft...

 

[jmacavali]

Bitcoin exchange BitFloor halts operations, shuts down | Internet & Media - CNET News

Well that's one exchange, but it's probably not a good sign. Too bad I didn't buy in when this place opened. They were only $10 at that time. Could sell today and still make a nice profit.

 

[GammaThunderbolt]

Interesting facts: In Europe many people still haven't even heard about Bitcoins, although the idea about some sort of "internet money" or "internet currency" seems to be intriguing to most of them. And most Europeans that are aware of Bitcoins are male. Less than ten percent of the women over here have ever heard the term.

My thoughts: It's rather useless, it's unsafe and it's not gonna work. I think payment via mobilephone apps might kill it in the near future.