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comment by user-inactivated
user-inactivated  ·  2201 days ago  ·  link  ·    ·  parent  ·  post: How the internet is clogging up city streets

Speaking of government oversight and how it affects value . . .

What's behind the plunge in bitcoin?





kleinbl00  ·  2201 days ago  ·  link  ·  

Lol it's up over a thousand percent from where it was a year ago. Yeah if you bought in December you're sadpanda but if you bought the December before that you're realizing more gains than the Dow in the history of the stock market.

user-inactivated  ·  2201 days ago  ·  link  ·  

You won't see me arguing against that point. Though there might be some merit that the discussions surrounding regulations has at least put the brakes on that growth a bit at the least, if not helped things reach some relative equilibrium.

kleinbl00  ·  2200 days ago  ·  link  ·  

Regulation is overdue and isn't near at the level it needs to be.

In a regulated environment, CryptoKitties don't sell for $150k.

user-inactivated  ·  2200 days ago  ·  link  ·  

    In December 2017 a cryptokitty sold for $100,000.

THE FUCK?

kleinbl00  ·  2200 days ago  ·  link  ·