Quote from: naplam on October 06, 2014, 05:55:58 PM

Quote from: devphp on September 02, 2014, 01:00:56 PM

But it's not the tipping point after which it grows exponentially, no. It's the tipping point where people start fleeing it en masse to other technologies and undervalued cryptos. After all, why would you buy Bitcoin if you can buy something cheaper, which does the same, or even better - if you can buy something cheaper which does the same and then a few other things. Bitcoin was the bootstrapping crypto, now is the time for other technologies to take its place. It won't happen overnight, but the process has begun.

Bitcoin has always been a very poor currency if you could even call it that and it's been in an obvious bubble for a long time. It's useful to make payments but there is no reason to hold on to it, there never was besides the growing bubble. I've always thought its long-term value per btc would be low (or zero if it gets replaced by other cryptocurrencies). A low-value btc will be even more unstable than it is now, to the point that it no longer retains any usefulness as a currency let alone a store of value. The Bitcoin payment system is an interesting breakthrough, tough. If future altcoins succeed in being a real currency, a semi-decent store of value at least, they will kill Bitcoin eventually.

your wrong..

if the NY Stock Exchange added it right now what will happen ?

i don't need to say anymore..