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comment by ButterflyEffect
ButterflyEffect  ·  2041 days ago  ·  link  ·    ·  parent  ·  post: The Real Significance of the Bitcoin Boom (and Bust)

I think as bitcoins gain traction and head into a more "mainstream" territory their price will reach a more stable level. Not to say that speculation won't happen, but I don't think it will be as severe as recent events.

I don't know much about this system, but I would like to see it in the public a little bit more, if only to get people thinking about how National currencies work and where the room for improvement is.




syncretic  ·  2041 days ago  ·  link  ·  

I bought a bitcoin today, just to play around with the market on Mt. Gox. Incidentally, I sold it immediately, as the price started to drop. With all of the recent volatility, I want to see if I can double the $115 I put into it within the next week by buying low and selling high.

Even if I lose it all, it will be fun. ;)