[oblomov]

Reposted as non-frontpage news.

The BTC bull market continues.

Also, Trump's cabinet includes a BTC supporter: https://www.cryptocoinsnews.com/trump-picks-a-bitcoin-supporter-for-cabinet-as-u-s-budget-director/

[rarestia]

Glad I got in when BTC was ~$450. I don’t have much, but what I do have went up significantly.

[Dilbert San Diego]

I admit to being ignorant about bitcoin. But seems to me, that it has value because everyone participating has agreed that it has value. Those who accept bitcoin as payment have agreed to accept it, because they then have confidence that they can in turn spend it to buy goods and services.

And its all outside government control.

I’m sure this subject is more complex but that’s the impression I get of bitcoin; that it has value because all have faith that the comouterized transactions represent money which can be spent or stored for future use.

[bkopto]

I use this secure hardware bitcoin wallet to save my bitcoins. I just toss it in my drawer and forget about it. My kids have their own Trezor devices and their own bitcoins (2 bitcoins for each of them - bought at $230! - they are thrilled at the appreciation). I told them to hold them, and by the time they are adults, it will be worth a whoooooole lot of fiat currency, or precisely *0*.

[Yaelle]

Should I have bitcoin? I don’t have any.

[Myrddin]

Clif High has been forecasting a big run up in Bitcoin for the last few years. I've been reticent to get involved given my employment in the software/hardware world. My preference has been physical silver as it won't go away in an EMP, hack or network failure. Bitcoin relies on significant computing horsepower to be a viable approach. I was half tempted to get in at $93.

[Myrddin]

Clif High has been forecasting a big run up in Bitcoin for the last few years. I've been reticent to get involved given my employment in the software/hardware world. My preference has been physical silver as it won't go away in an EMP, hack or network failure. Bitcoin relies on significant computing horsepower to be a viable approach. I was half tempted to get in at $93.

[logi_cal869]

Sounds suspiciously like a pyramid scheme...