you'd think so, but it doesnt seem to be happening. theres a couple of issues going on this week, cryptokitties killing the rival Ethereum, and NiceHash getting hacked with lose of $60m of coins. both are largely ignored, press on, next week we go to the mooooon. a few weeks ago you could...
i have a suspicion a lot of the rise is because people with bitcoin swapping to altcoins then switching back. as its relatively difficult to withdraw, people aren't taking much out and why would you when its going to be x2, x5 next month or year? so the money stays within a relatively closed...
yes. mostly back in 2013 when it was viable for a small set up. today, for bitcoin you need a $1500 specialised hardware delivered in 2 months, and spend hundreds on electricity, and hope the thing pays itself before everyone else doing the same makes the device obsolete. its doable but very...
cryptos are fiat by software engineers. every alt coin and especially Bitcoin Cash and Bitcoin Gold demonstrate this, currency invented by a software release. whatever utility they might have is swamped by speculation, the FOMO, greed etc you note yourself. i dont understand why people...
there was a chap years ago that throw out his harddrive with thousands of bitcoin on. worth many millions today. think theres a few stories like this and they'll be some on the scams and con tricks in the years to come.