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  • Yes, but perhaps not in its current incarnation.

    It was a good idea and decentralized banking appeal to many people who are sick of hidden fees and sudden rate increases and the like that tradition banks love to straddle us with. However, in actuality, it may have been released a bit ahead of its time. It essentially creates a new free trade market and the risks of such a venture aren't very appealing in a fluctuating economy. However, the ever-growing focus on digital commerce indicates a need for something of this nature very soon.

  • Yes, it will.

    For Bitcoin to continue to rise all it takes is good happy paying customers. As long as they continue to have customers, and those customers make referrals to them, they will continue to rise. So, yes, it is likely that Bitcoin will continue to rise despite the fact that some people do not want it to.

  • Just like it did yesterday, right?

    "I'm a libertarian and I hate the fed" ::price of Bitcoins plummets in one day due to massive sell-off:: "OH NO WHY ISN'T THERE AN AGENCY TO PREVENT THIS"

    It's a well intended but dumb idea that a few people are playing like a fiddle to make money off of, when it's eventually exhausted and no new currency is coming (which isn't far off) it'll be abandoned for the next stupid non-currency.

  • It will not rise

    Just like it did yesterday, right?

    "I'm a libertarian and I hate the fed" ::price of Bitcoins plummets in one day due to massive sell-off:: "OH NO WHY ISN'T THERE AN AGENCY TO PREVENT THIS"

    It's a well intended but dumb idea that a few people are playing like a fiddle to make money off of, when it's eventually exhausted and no new currency is coming (which isn't far off) it'll be abandoned for the next stupid non-currency.

  • Bitcoins will die out.

    Bitcoins are controlled by manipulators that have a large quantity of bitcoins. They can control the price and generate a fictional demand of bitcoins. Meanwhile, people speculate about its price and continue buying/investing it even though it was never meant for an investment. You'll see, bitcoins will crash and when they do, I'll be there.

  • No Bitcoin is not going to continue its recent rise in value.

    Bitcoins are intended to be a virtual peer-to-peer currency, not an investment. The recent rise in the value of Bitcoins is a reflection of the temporary increase in demand for Bitcoins in relationship to the number of Bitcoins available on the markets. As more Bitcoins are placed into the marketplace the "demand-supply" relationship will balance out and the value of Bitcoins will stabilize.


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