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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: twmoore who wrote (104239)1/16/2014 9:25:45 PM
From: Snowshoe  Read Replies (2) | Respond to of 217580
 
Under it's current structure, the supply of bitcoins will peak and then gradually decline. The peak supply will occur when the built-in max quantity is reached. The attrition will result from lost bitcoin wallets that can never be replaced. It's a funny way to run a "currency"...

Missing: hard drive containing Bitcoins worth £4m in Newport landfill site

A digital 'wallet' containing 7,500 Bitcoins that James Howells generated on his laptop is buried under four feet of rubbish
The Guardian, Wednesday 27 November 2013 11.00 EST
theguardian.com



To: twmoore who wrote (104239)1/17/2014 3:45:27 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 217580
 
there is public interest and I think the whole concept of digital cryptocurrency will fall apart as I am certain that there are plenty of criminals that are investing huge amounts of money to easily crack the codes and then plunder.

IMHO it is nothing more than a highly speculative medium of exchange, where those that made money from it would be wise to cash the profits into confetti currency and then buy something meaningful that somehow will keep the investment value commensurate with inflation.