Started By
Message

re: Oh No, Bitcoins Trading <$100...

Posted on 5/2/13 at 10:03 pm to
Posted by C
Houston
Member since Dec 2007
27832 posts
Posted on 5/2/13 at 10:03 pm to
It's the key part of bitcoin and why many criticize it. If the distribution was based on sustaining a certain exchange rate or based on exchange volume I would have zero criticism of it. It's a scheme that's going to fail in the long run. Other systems will form that give more certainty to buyers and sellers. Bit coins may exist as a commodity for a while but it will lose out to others for exchanging goods.
Posted by joshnorris14
Florida
Member since Jan 2009
45277 posts
Posted on 5/2/13 at 10:19 pm to
quote:

If the distribution was based on sustaining a certain exchange rate


Well if this is your main complaint, I'm glad you don't like bitcoin.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram