Comment: Not a bubble

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In reply to comment: Bitcoin is a bubble. (see in situ)

Not a bubble

Bitcoin It is network backed by 9 billion in processing power. It creates value by disconnecting us from the money manipulators and leeches that reap horrendous fees.

No one is suggesting that you put your life savings in bitcoin. Put a few $100 and buy something from a Bitcoin vendor when shopping online.

Skype utilized peer to peer open source technology to gain a multi billion dollar valuation in just a few years. BitCoin will surpase it as more and more users around the world use it and enjoy it's advantages.

And It does not replace or threaten the value of Gold. They are symbiotic.

The Red Coats are coming!