Wednesday, 23 September 2015

“Bitcoin might be dead. It doesn’t matter” – The Telegraph | $209.81

Bitcoin the currency may be dying, but it doesn"t matter. . . . Certainly, a trend line from November 2013 to now, extrapolated forwards, intersects worthlessness sometime later this year. . . . This could create a negative feedback loop as miners retire, the network becomes less secure and resilient, investors lose faith, and the price drops further.
“Bitcoin might be dead. It doesn’t matter” – The Telegraph | $209.81

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