Just wanted to say that you guys should start accepting bitcoin for donations. I would love to support you with some bitcoin.
So, sell some bitcoin and then support us with US $Just wanted to say that you guys should start accepting bitcoin for donations. I would love to support you with some bitcoin.
I dont even know what a bit coin is. If I cant put it in my pocket, then take it out later and buy a hot dog and a beer with it at the baseball game, then I dont really need one.
You know what the big problem is? The value is unstable. A year ago a Bitcoin was $13.00: today a Bitcoin is $1,000.00. A 1,000 percent increase in one year. If you bought $1,000.00 worth of Bitcoins a year ago today you’d have $1 million. If you bought $10,000.00 a year ago: today you’d have $10 million.
And it’s because of this astonishing level of volatility that it’s catching the attention of scamsters and speculators. In a single day China declared they don’t like Bitcoin so the value fell 40 percent. On a single day Zynga declared they’re going to accept Bitcoin and the value jumped 40 percent.
The Wall Street Journal did an analysis and found that over the last four years Bitcoin is 8 times more volatile than gold prices. What’s the true value? An economist, Brian Westbury, did a calculation and he said – using two different sets of formulas – he said he’s not sure, but Bitcoin is either worth $500,000.00 or $50.00. He wasn’t sure.