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Old November 11 2013, 03:58 AM   #13
Alidar Jarok
Everything in moderation but moderation
 
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Location: Norfolk, VA
Re: Bitcoin - What exactly is the big deal?

Good luck, although I still find it a risky venture at this point. Internet phenomena are usually short lasting and I have trouble seeing why this one would last significantly longer. Maybe if Silk Road hadn't been shut down it would be better. Back in March at the height of the Cyprus bank crisis, people actually switched their money to bitcoins because it was safer (plus, I think they were able to then use the bitcoins to get a non-Cypriot currency). Apparently the price fluctuated wildly based on denial of service attacks, though. Maybe the price will jump again during the next international crisis.
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