News for hackers. Stuff that matters.

A comment on Bitcoin Plunges By Nearly $30 As Largest Market Suffers Outage. Parent comment

Re:Bitcoin Plunges By Nearly $30 As Largest Market Suffers O... by hkmurakami on Wednesday April 03, 2013 @06:14PM (#5489590)
I don't think I can have 100% confidence that I would be able to cash out of bitcoins in an efficient manner 10 years down the line, so you have to discount for that risk (whether it be technology, new regulation, etc).
[ Parent | on HN ]
Re:Bitcoin Plunges By Nearly $30 As Largest Market Suffers O... by wahsd on Wednesday April 03, 2013 @08:49PM (#5490273)
As much as I like the idea of BTC, it lacks fundamental structural features that would allow it to not eventually be revealed as a sham.
[ Parent | on HN ]
Re:Bitcoin Plunges By Nearly $30 As Largest Market Suffers O... by illuminate on Thursday April 04, 2013 @01:37AM (#5491169)
It doesn't have to be "revealed as a sham", it has to simply not be worthwhile to continue using. I see the speculators as being far more harmful to its long term viability than any nation-state.
[ Parent | on HN ]