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Author Topic: [2015-03-01] WSJ: Do Cryptocurrencies Such as Bitcoin Have a Future?  (Read 945 times)
polynesia (OP)
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March 03, 2015, 02:05:28 PM
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Do Cryptocurrencies Such as Bitcoin Have a Future?

http://www.wsj.com/articles/do-cryptocurrencies-such-as-bitcoin-have-a-future-1425269375

Perhaps the most common criticism of cryptocurrencies is that, unlike traditional currencies, they have no basic underlying value.

Really??  Cheesy
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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March 03, 2015, 02:06:38 PM
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Lets step outside the ivory tower, Eric, shall we? The times they are a changin'



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March 03, 2015, 02:15:36 PM
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The rise in Bitcoin's price today is attributed to these articles.  Smiley
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March 03, 2015, 02:16:13 PM
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Do Cryptocurrencies Such as Bitcoin Have a Future?


Well obviously we think so less we wouldn't be here. I think bitcoin has a very bright future we just need to give it time for the masses and merchants tog gradually get on board.

Perhaps the most common criticism of cryptocurrencies is that, unlike traditional currencies, they have no basic underlying value.

 Roll Eyes What an idiot. If bitcoin has no value then why is it worth $270. Clearly there's value in the blockchain alone but this guy will never realize it.

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