it's a bit more complex than that, there are a finite number after all

and they represent value, much like normal currencies do and also have an intrinsic value as they can be used to as a medium of exchange in a transaction.

I think that Bitcoin could potentially continue increasing in value significantly, though with some big blips along the way

Posted By: Worzel Scrimmage on December 7th 2017 at 21:00:33

Message Thread

What's peoples thoughts on Bitcoin? (n/m) (General Chat) - lovely old job, Dec 7, 20:44:52
- Bring back farthings and groats. Less new fangled techy stuff.... (n/m) (General Chat) - Saucerer, Dec 7, 21:33:53
- A good investment if you've got a bit spare seven years ago. (General Chat) - Arizona Bay, Dec 7, 21:13:07
- I dont have any (n/m) (General Chat) - CB41, Dec 7, 21:03:53
- This year's version of the tulip. (n/m) (General Chat) - Bryan Salad Surgery, Dec 7, 21:00:21
- Dodgy (General Chat) - Jumbo1, Dec 7, 20:46:47
  - It's just a new thing that invents money. speculation. (n/m) (General Chat) - shoddy, Dec 7, 20:55:48
    - it's a bit more complex than that, there are a finite number after all (General Chat) - Worzel Scrimmage, Dec 7, 21:00:33
      - Agree with Worz, been involved with crypto's for a little while. (General Chat) - Men without hats, Dec 7, 21:12:59
        
        yeah, I saw the russkies have been running out of graphic chips (General Chat) - Worzel Scrimmage, Dec 7, 21:23:09
        
        Yeah the mining is using more electricity than some countries usage. (General Chat) - Men without hats, Dec 7, 22:06:15
        
        ^both dodgy^ (n/m) (General Chat) - Jumbo1, Dec 7, 21:23:06

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