Bitcoin hits $10,000

Post by pishpash » Wed, Nov 29, 2017, 1:58 AM UTC

wintom wrote: post #17

“Rosenstreich at online trading firm Swissquote said bitcoin’s surge harks to the surprises of the U.K. referendum on European Union membership and President Trump’s election. “We have underestimated the populist movements,” he said. “There is growing unease on how central banks and governments are managing fiat currencies. Ordinary people globally understand why a decentralized asset is the ultimate safe haven.”” Th…

Post by mrb » Wed, Nov 29, 2017, 1:58 AM UTC

joelrunyon wrote: post #14

mrb wrote: post #3

Most comprehensive all-time Bitcoin price history chart you will find online, to give some perspective: http://bitcoin.zorinaq.com/price/ (Chart is interactive, see instructions at the bottom. I made it.)

You should fix the Y axis. Completely misleading.

Post by empath75 » Wed, Nov 29, 2017, 1:59 AM UTC

nly wrote: post #13

I don't follow it but I read somewhere the other day that it now costs tens of dollars worth to actually make a transaction on the blockchain. If this is true then it seems to me that it's effectively become an inter-bank settlement protocol (which may not be that surprising or bad of an outcome given its inherent latency)

Post by 6nf » Wed, Nov 29, 2017, 1:59 AM UTC

nly wrote: post #13

I don't follow it but I read somewhere the other day that it now costs tens of dollars worth to actually make a transaction on the blockchain. If this is true then it seems to me that it's effectively become an inter-bank settlement protocol (which may not be that surprising or bad of an outcome given its inherent latency)

Post by Lerc » Wed, Nov 29, 2017, 1:59 AM UTC

jacquesm wrote: post #2

Makes you wonder what triggers people have for themselves to sell their 'stash'. 10 fold increases in a year won't last for very long.