Ok I will won't take your word for it.

845... 846... 847? Stamp already bouncing back.


Thanks for this, wasn't sure how to interpret!

Red candles everywhere. PANIC. Just dumped 250 coins @ 805.

All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.

Don't overcomplicate things. Tulips are useless.

Bitstamp down once again, when there will be an exchange that cares about their long-time brand? Maybe bitcoin is shown us now that it has power to stay here awhile, maybe that will courage entrepreneurs to really make an exchange that doesn't fuck things up, at least nearly ever.

Tulips are not useless, they might not be a good currency but they can be a store of value, nobody has control over your Tulips but you