Bitcoin today is like what FB was in 2006

[goxed]

If you buy BTC now you are participating in your own private placement plan. Each BTC is like one share in a strict 21Million float.
Usually only accredited investors get to participate, but with BTC, anyone around the world can invest in this technology.

There are many social media copies like Orkut, myspace, google +, etc. etc. but we already know which one got to be the most popular and why. We also know of atleast 3 VCs common between FB and BTC

[aenemic]

Soooo....... ?


http://farm5.staticflickr.com/4082/4867265230_cbda5fe22c_z.jpg

[Wekkel]

Lets hope BTC wont follow Facebooks IPO aftermath. QE3 saved them...... for a while. Twitter the same boat. QE4 is needed to save that one from embarrasing low teens.

Bitcoin user not affected  

[rocks]

We also know of atleast 3 VCs common between FB and BTC

This can not be underestimated. All the FB investors have essentially unlimited funds to throw at reach for the sky type projects, and the connections to build real teams to take the bitcoin infrastructure to the next level.

[pand70]

Facebook has women. Bitcoin hasn't. 

[notme]

Facebook has women. Bitcoin hasn't.  

What about BitChick and BitcoinAshley?

Oh wait, that's the whole list.  I guess you have a point.

[superduh]

Facebook has women. Bitcoin hasn't.  

What about BitChick and BitcoinAshley?

Oh wait, that's the whole list.  I guess you have a point.

what makes you think those are real women?

[Kluge]

I, for one, can't wait to boot up the Bitcoin client and have a tall rectangle on the left-hand side trying to get me to play all the gambling games. Every day, I'll open up my email account and see the client has barraged me with messages... "You have one new transaction." "Do you know Satoshi Nakamoto?" "Cameron Winklevoss has invited you to Bitcoin Shiny Slots." "Gregory Maxwell has asked you for manure!" "Dank has posted a new message. 'weed cures vitamin K deficiency.'"

[kireinaha]

Apples and oranges, my friend. The only thing in common is that if you invested in either platform in the first year or so (either being in the FB inner circle or mining bitcoins) you'd be filthy rich now.

Let's just hope bitcoin is the "Facebook" of cryptocurrency and not the MySpace.

[Odrec]

Apples and oranges, my friend. The only thing in common is that if you invested in either platform in the first year or so (either being in the FB inner circle or mining bitcoins) you'd be filthy rich now.

Let's just hope bitcoin is the "Facebook" of cryptocurrency and not the MySpace.

That's why keeping some funds in the next best thing: litecoin, could be a good idea in case bitcoin becomes myspace and litecoin facebook.

[notme]

Facebook has women. Bitcoin hasn't.  

What about BitChick and BitcoinAshley?

Oh wait, that's the whole list.  I guess you have a point.

what makes you think those are real women?

BitChick's husband might be able to vouch for her, and BitcoinAshley's attitude makes it pretty obvious (at least to me).

However pointing out and discussing the only 2 who are publically displaying their gender is probably not the best way to address the obvious gender imbalance.

[balanghai]

Hahaha but most of the bitcoin owners has at least been married or has girlfriend that has knowledge about bitcoin. So i guess not for the single ladies? 

[nanobtc]

Facebook has women. Bitcoin hasn't.  

waitaminnut, this isn't Slashdot?

In Soviet Russia, bitcoin mines you.

Edit: Lest this seem puzzling or rude, Slashdot is a predominately male tech site. There is a long-running joke about "Soviet Russia", even though the term is wrong.

[AlexNeto]

Facebook has women. Bitcoin hasn't.  

Bitcoin has money.
If you have money, you will have women.

[fleabag]

If you buy BTC now you are participating in your own private placement plan. Each BTC is like one share in a strict 21Million float.
Usually only accredited investors get to participate, but with BTC, anyone around the world can invest in this technology.

There are many social media copies like Orkut, myspace, google +, etc. etc. but we already know which one got to be the most popular and why. We also know of atleast 3 VCs common between FB and BTC

Good analogy

[goxed]

Facebook has women. Bitcoin hasn't.  

Bitcoin has money.
If you have money, you will have women.

First comes money, then honey

[bitcon]

Facebook has women. Bitcoin hasn't.  

Bitcoin has money.
If you have money, you will have women.

wrong. because i dont tell anyone how much money or BTC i have.

[BitCloud]

I see BTC having (at a minimum) a similar value potential to previous paradigm shifts:

- FB social
- GOOG search
- MSFT, AAPL hardware

Or Banking:
- BAC
- CITI
etc

All these companies start at around $150B in valuation.

Bitcoin has a 99% MONOPOLY in crypto currencies.

There's a good chance for BTC to enter the 150B league in 4-7 years which would result in a Btc/Usd of around $10,000.

[mvidetto]

I see BTC having (at a minimum) a similar value potential to previous paradigm shifts:

- FB social
- GOOG search
- MSFT, AAPL hardware

Or Banking:
- BAC
- CITI
etc

All these companies start at around $150B in valuation.

Bitcoin has a 99% MONOPOLY in crypto currencies.

There's a good chance for BTC to enter the 150B league in 4-7 years which would result in a Btc/Usd of around $10,000.

Good analogy, however the time frame will probably be shorter.  Bitcoin has been growing at a rate of 10x per year, and while this will in all likelihood slow down, even 4-5x per year will put us at 10k in 2-3 years.