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Re:In bid for credibility, largest Bitcoin exchange moves to... by grey-area on Thursday February 28, 2013 @01:41AM (#5297445)
And if the perceived value of Bitcoin fluctuated wildly due to market speculation, would it lose its make-believe value too?
Re:In bid for credibility, largest Bitcoin exchange moves to... by mrb on Thursday February 28, 2013 @01:53AM (#5297481)
All currencies, digital or not, big or small, continuously lose and gain "make-believe" value in largely unpredictible ways (see forex markets). Some are stable (EUR). Some are volatile (BTC). Some die (German Papiermark, Zimbabwean dollar). Some live longer (GBP, JPY). Some lost value in the immediate past (USD). Some gained value in the immediate past (BTC).