ST Alpha - "ST hasn't really talked about it, but Bitcoin is taking on water. " (Reading a Post)

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ST hasn't really talked about it, but Bitcoin is taking on water.

Posted by David, Level 31 Warlock (aka David) Jan 13 '15, 13:57

Price is $236 as I type this, and the most popular mining site went on sabbatical. They say they cannot turn a profit at current pricing.

Oddly, Bitcoin has finally become accepted as a retailer payment option right as the collapse occurs.

Responses:

Actually, it's probably not oddly. The more stable the currency is the more likely people are willing to accept it. -- nm - spamlet, Astro king Jan 13, 14:01 3
- even if bitcoin collapses ... I wonder if Stellar will be able to accomplish its goals -- nm - Beryllium Jan 13, 14:06
- It's the fact that people are not mining it that creates problems. - David, Level 31 Warlock Jan 13, 14:03 1
  - Wasn't that the design though? That it would hit a point that no more *would* be mined? - spamlet, Astro king Jan 13, 14:07
interesting -- nm - Epiphany Jan 13, 14:01
It's not hip any more. Everyone is pulling out of bitcoin and investing in doge. -- nm - Beryllium Jan 13, 14:00 5
- Dogecoin isn't an investment per se. -- nm - David, Level 31 Warlock Jan 13, 14:04 2
  - [deleted]
  - You know I'm being facetious. :) -- nm - Beryllium Jan 13, 14:06
- [deleted]
- I remember reading about that.. maybe a year ago? not much else since. nm but: -- (link) - b. Jan 13, 14:02
I'd like to pay for ST with bitcoin if I may. -- nm - Mop Jan 13, 13:57

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ST hasn't really talked about it, but Bitcoin is taking on water.

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