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The price of Bitcoin is currently hovering around 37 USD. I remember when Bitcoin was $2.00 after the first crash, I never expected it to rebound so quickly. An
by bmiranda 14y ago
The price of Bitcoin is currently hovering around 37 USD. I remember when Bitcoin was $2.00 after the first crash, I never expected it to rebound so quickly. Announcements such as Namecheap's lend credence to the current price, but I would not be surprised if a correction brought Bitcoin below $30.
Regardless, I am excited that there are more places to spend Bitcoin each and every day.
- dmix 14y agoWell I don't think any average person is really keeping large amounts of money in bitcoin. It has mostly a transactional since the use cases are so niche.
- snitko 14y agoThat's actually not true. One of the reasons price is high is because people right now are hoarding.
- n3rdy 14y agoThe reward for block discovery also halved quite recently from 50 bitcoins to 25 bitcoins.
- disintermediate 14y ago>use cases are so niche This is a first-world misperception. There is half a world excluded from traditional payment methods.
- wmf 14y agoIs Bitcoin a realistic option for those people?
- disintermediate 14y agoNot yet. Five years I'd guess.
- dublinben 14y agoMaybe for low-fee international money orders. Certainly not for everyday transactions away from the internet.