News for hackers. Stuff that matters.

A comment on Bitcoin exchange rate reached $100 USD per BTC. Parent comment

Re:Bitcoin exchange rate reached $100 USD per BTC by astrodust on Monday April 01, 2013 @11:24AM (#5473601)
A massive chain-split that erodes confidence in the perceived value of the currency.

Gold is a tangible substance. BTCs are just data and we all know how volatile that can be.

[ Parent | on HN ]
Re:Bitcoin exchange rate reached $100 USD per BTC by DennisP on Monday April 01, 2013 @09:21PM (#5477126)
They just had a split. They resolved it in short order and the value skyrocketed after that.
[ Parent | on HN ]
Re:Bitcoin exchange rate reached $100 USD per BTC by astrodust on Tuesday April 02, 2013 @12:12AM (#5477649)
It was a relatively minor split. I mean a split where nobody can tell what's what. That would pretty much end this experiment.
[ Parent | on HN ]