Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
freedomno1
on 11/03/2015, 04:14:32 UTC
Why exactly is Bitcoin rallying? Nothing has changed.

Exactly. Nothing *has* changed. In my opinion, all Bitcoin has to do to succeed is not fail.

By what metric? And what do you mean when you say Bitcoin, the Software, the Community or the use as a Payment Infrastructure?
Because I think it ultimately failed on the latter two accounts with The Goxxing. (or if you believe GOX the former one....)

It is still here, still being traded at a decent price and still has growing infrastructure and investment. Gox was an incident but was far from Bitcoin failing.
Indeed the recent news about additional venture capital around 120 million from 21jobs shows that the system is still growing strong
Gox did hurt but it definitely did not kill bitcoin
We have a long way to go yet and it's constantly moving.