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Author Topic: Can bitcoin websites handle a Colbert Bump right now?  (Read 1738 times)
snaps77
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April 18, 2013, 07:55:55 PM
 #21

I wouldn't call it a pump.  Undecided
proudhon (OP)
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April 18, 2013, 11:06:16 PM
 #22

Did you guys even watch the thing?

He totally butchered Bitcoin.  He said no one should ever buy them.



In context he essentially said that you shouldn't buy them, unless it's with money you can afford to lose, because the exchange rate is all over the place.  I thought it was a pretty fair, albeit very short, discussion about bitcoin.  The bitcoin infrastructure is still in development and so is the protocol.  I do think the value is likely to go up, at this point, even if it does so in violent moves, but let's not forget this is still an experiment.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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