Post
Topic
Board Bitcoin Discussion
Re: The $100->$1200 BTC bubble!
by
shawshankinmate37927
on 17/08/2014, 03:38:47 UTC
Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

Bitcoin isn't an investment, it's a currency.

Bitcoin isn't a currency. It's a protocol.

You're confusing the blockchain with bitcoins.  Bitcoins, millibits, microbits, and satoshis are currency units.

How can someone confuse blockchain with bitcoin?  Roll Eyes What you said doesn't even make sense.  Lips sealed
Bitcoin is a protocol. One of its applications has the characteristics of a currency. You welcome.

That's a good question and one that you'll have to answer.  There's no way I can do that for you.  If you reread the original post it's very clear that the OP is referring to a currency, not a protocol.  According to your logic, the blockchain will never have more than 21 million protocols?  Huh