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The Bitcoin Parabola Continues: Up 10% In 12 Hours, Hits $1170
Zero Hedge ^ | 28 November, 2013 | Tyler Durden

Posted on 11/28/2013 6:29:04 AM PST by Errant

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To: conservaterian

Is this but a private enterprise version of fiat money?


41 posted on 11/28/2013 9:15:26 AM PST by rcofdayton (.)
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To: Errant

Hard to deal with bitcoins. You have to pay commission to buy them, and pay commission to sell them and you can only sell them at discount anyway.

Bitcoins are a game of ‘Hot Potato’, you don’t want to be holding any when the jig is up.


42 posted on 11/28/2013 10:28:22 AM PST by Usagi_yo
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To: Errant
I guessing you've never heard the term: "A trend is your friend"? :-)

When I used to teach a course in forecasting, I would warn my students that a trend is a trend until it bends, and it gives you no advanced warning.

43 posted on 11/28/2013 10:57:34 AM PST by JoeFromSidney ( book, RESISTANCE TO TYRANNY, available from Amazon.)
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To: Errant

The correct word is asymptotic.

Bit coin is asymptotic to the $ axis


44 posted on 11/28/2013 11:13:24 AM PST by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: Stentor

?


45 posted on 11/29/2013 3:39:28 PM PST by Bigg Red (Let me hear what God the LORD will speak. -Ps85)
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