Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Bitcoin rally (bitcoincharts.com)
11 points by M4v3R on Aug 16, 2012 | hide | past | favorite | 2 comments


Sounds like a giant ponzi scheme. All of these posts hyping the "gains" in bincoin's value. Then soon it gets crushed. No way to invest money with this volatility.

Not to mention it is just 1 hack away or some high net worth bitcoin guy from getting their money stolen again from having it go back to almost nothing.

Here is a great idea! Create a currency convince a small amount of people to buy in and those people are incentivized to get more people on board and so on and so on. Instant marketing team for your scheme.


right about time to turn back down from 15ish to 10 maybe even 7. even more likely before reaching 17




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: