I've been reading about Bitcoins for the last 3 days and my conclusion is...

https://bitcointalk.org/index.php?topic=156329.0

Interesting thread.

Don't take it too seriously though.

exactly as evocash and egold...its already moving underground and OTC...heaven for scammers...history repeating...next step is the closing of US exchangers and the popping up of offshore shady ones, more open to scammers and their sheep cashing in and out...then some of them will get popped and it will really really really move underground...just like egold did...then it is scammers paradise with many small exchangers half of whom are out right scammers and the other half are rippers and idiots...

then you are only left with idiot customers who are addicted to online ponzis or drugs or whatever and predatory exchangers who are just looking to rip as much as possible...normal people will not stay...its a spiral...

bitcoins are exactly like 1mdc...1mdc was a currency within a currency...no office, no bullshit, low low fees because none of the money actually left the egold pool account, secure as fuck, anon like nothing I have ever seen...for fucks sake there was not even a field where you could enter your name I mean they plain did not give a shit! LOL...

what really killed 1mdc was that everybody left at the first sign of trouble...they never recovered...neither did evocash...neither did egold...nor will bitcoins...

Its not already moving underground, thats how it started. Bitcoins already had one really hard crash and it recovered, but they will never disappear unless there is some problem with the code itself. It can go to 50 cents for all I care its still there and people will use it. Even if its just used for gambling, drugs and porn that is a HUGE market. They will never stop person to person transactions.

Here are the people buying and selling in Madrid right this moment. No exchange needed. You are comparing apples to oranges here. P2P currency is different than what you were dealing with.

https://localbitcoins.com/postal_code/sp/madrid/

Had no idea so many bitcoins have been stolen.

http://www.wired.co.uk/news/archive/.../bitcoin-heist
http://arstechnica.com/tech-policy/2...ange-bitfloor/
http://www.computerworld.com/s/artic...00_in_bitcoins
http://www.theverge.com/2013/3/8/408...rom-bitinstant

Ouch. One of them they took over the domains, another they got the user database.

exchange is very very needed...you even supplied a list of exchangers for bitcoins below


it is exactly like 1mdc...most trades and exchanges to cash or other currencies were done person to person...even exchange there was a button to convert egold to 1mdc and back and there was even an automatic exchange system between currencies no other person was even needed...

your list of bitcoin exchangers with their price and stock is EXACTLY what was on offer on forums, minus the geo location in km this is indeed a new fancy feature that was not available back in the day...nor did it matter you could cash out without visiting anybody...

the best of luck to everybody who thinks this is somehow different...

I dont understand why people trust thirdparty-sites with their Bitcoins instead of storing them on their own computer. If you want to sell them you can easily transfer them to mtgox and sell them...

All time high, just now. 75 Dollahs.

Congrats to the winners.

84 dollars.

Good call Frank

Thanks

89 dollars. It might hit 100 in a few days.

Some of us called it 3 years ago.

Cliff notes anyone?

franck was the first one to call this, did you know that? Add that to he started the exgf niche and you have yourself quite the baller, Ok maybe he had 1000 people call the bitcoin jump before him, hell all mine were bought under 7 bucks but he still started the exgf niche so either way baller!

bitcoins have been all the fuss

franks makes post after its been on the news even saying buy buy buy

price has doubled since he started the thread

still some people hating even though if they got in late could have still doubled their money in no time at all

we need more guns in america. that should have been put in there too

Calm down girls. Nowhere in this thread did i claim to be the first to mention Bitcoin and invest in it.
However those who listened to me now would've doubled their money ;)