bitcoin | My Desultory Blog

Hard to believe the gambling going on with Bitcoin

RichC | December 6, 2017

So much for using Bitcoin as a cryptocurrency? How does one set prices for products and services "in Bitcoins" when there isn’t any stability of value? So much for using it as currency … more like gambling or speculating on artwork as these bits of invisible computer cyber bytes continue to find pyramid scheme buyers. […]

Category: Financial, News | No Comments »
Tags: bitcoin, bubble, coinbase, coindesk, Financial, gambling, risk, speculation

The rise of Bitcoin – Just call it Tulip Mania or Speculative Fever

RichC | November 30, 2017

As someone who had an early interest in cryptocurrency as a replacement for product and services exchange, the recent rise of Bitcoin is nothing more than frightening. Supply and demand obviously has traders of this public ledger block chain protected transaction “currency” excited and like all manias, is concerning since eventually trading profits will be […]

Category: Business, Financial, History | 1 Comment »
Tags: bitcoin, bubble, cryptocurrency, currency, dotcom, mania, trading, tulipmania, tulips

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