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BITCOIN mania. ONE GIANT FLAW for BTC and getting rich from it. Maybe you won't care, but...
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[quote:Anonymous Coward 75957888:MV8zNzEyMjk0XzY2MzkxNjI2XzIyMDAyMzJC] [quote:Anonymous Coward 75955758:MV8zNzEyMjk0XzY2MzkxNTk3X0I0QjU3NDJG] [quote:Anonymous Coward 75957888:MV8zNzEyMjk0XzY2MzkxNTc2XzVEMzE2OTM3] [quote:Anonymous Coward 75955758:MV8zNzEyMjk0XzFEMEQ0MDYy] These places are exchanges [/quote] You're your own bank with bitcoin, not the exchange. [/quote] Unless you stay in BTC, you aren't getting to your $$$ in a hurry if the whole world is cashing in. Fuck your one star. [/quote] Well, you deserve losing all your money if you only want to do some quick money and do not believe in the techonology and the power that it gives to you. [/quote]
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How are you going to cash out? There is going to be a HUUUUUUUUUUUUUGE bottleneck. I suspect that is why Coinbase crashed today. These places are exchanges, not banks. As the price climbs higher and higher, there needs to be actual cash coming into the exchanges, otherwise you cannot pull out your tens of thousands, let alone hundreds of thousands.
Any way around this? I think it will get worse each passing day.
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