2

Bitcoin's comeback: should Western Union be afraid?

http://arstechnica.com

The last time we wrote about Bitcoin, in October, the currency's future looked grim. A series of security incidents had created an avalanche of bad press, which in turn undermined public confidence in the currency. Its value fell by more than 90 percent against the dollar. We thought Bitcoin's value would continue to collapse, but so far that hasn't happened. Instead, after hitting a low of $2, it rose back above $3 in early December, and on Monday it rose above $4 for the first time in two months. It's impossible to predict where the currency will go next, but at a minimum it looks like the currency will still be around in 2012.

Read »
Cyphase's picture
Created by Cyphase 2 years 34 weeks ago
Category: Money   Tags:

I'm not at all against

Tom Foppiano 2 years 34 weeks 4 days 14 hours ago

I'm not at all against bitcoin. I like the idea. But calling $4 a "comeback" seems like a stretch to me. Wasn't it worth about $25-$30 not that long ago?

If the dollar fell by 90%, then jumped up so that it only fell 75%, would you call that a comeback?

I see your point and I think

freeman 2 years 34 weeks 4 days 5 hours ago

I see your point and I think that the "comeback" meme is a little strange. So far, bitcoins have performed well over the last 1.5 years in comparison to gold. http://www.bitcoinbullbear.com/index.html I would be thrilled if they could keep a steady ratio with gold for the long term.

Air Times & Contact

LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern

Call toll-free:
1-855-450-FREE

You can also Skype us.

Join our Email List

Stay up to date with the latest about Free Talk Live, and receive our Weekly Digest email - the most popular stories for the week from our front page and also the week's audio highlights!

See our past emails.


Free Talk Live 2.5

Welcome Free Talk Live 2.5! Now, with Reddit!
 
You'll need a Reddit account before you can vote on and submit show prep. (That is different from your FTL/AMP account.)

The content here is the same as you will see on the FTL Subreddit. Please submit bug reports on the appropriate BBS subforum.

Enjoy the new site and thanks for submitting your content!

Google+

Who's online

There are currently 0 users and 0 guests online.
Free Talk Live Image
Free Talk Live Image
Free Talk Live Image
Be your own bank
Free Talk Live Image
Free Talk Live Image
Watch the Ridley Report
Free Talk Live Image
Liberty Stickers
Mark Warden - New Hampshire Realtor
Math Gate
Midas Resources
Amazon
Buzzbox Coffee
freedomcam.net
Quantum Vibe from Bighead Press
DoorDevil.com
Free Talk Live Image
Free State Project
Free Talk Live Image
Advertise Market Promote with AMP
Free Keene - NH Liberty Activism
shiny badges
Join the Shire Society
Freedom's Phoenix
iHeartRadio
stitcher smartradio
talk stream live
FTL on AudioNow
bitcoin not bombs