Talk:Bitcoin

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David has hit the limelight[edit]

And the YouTube comments are as delightful as one can expect. Fuzzy. Cat. Potato! (talk/stalk) 22:50, 23 July 2017 (UTC)

Book's just out too - David Gerard (talk) 06:23, 24 July 2017 (UTC)
@FuzzyCatPotato Thanks for the link, I'll be sure to check it out! And just since David mentions Buttcoin about 15 minutes in — is this graph something we could borrow for the article? Reverend Black Percy (talk) 01:05, 26 July 2017 (UTC)
@David Gerard Pre-ordered it on Kindle. Job well done mate. Reverend Black Percy (talk) 01:06, 26 July 2017 (UTC)

PC Gamer: "How Bitcoin and cryptocurrencies are hurting gamers"[edit]

Check it out. Relevant quote:

Instead of becoming a currency free of the controls of governments and banks, Bitcoin is now largely controlled by a small collection of interested parties who have heavily invested in securing the network. And ironically, greater acceptance of Bitcoin will likely come only with additional regulations.

Phrased well enough to serve the article, methinks? Reverend Black Percy (talk) 00:31, 26 July 2017 (UTC)

Ethereum literally claims no possibility of "downtime, censorship, fraud or third party interference"[edit]

No, really. Verbatim. Reverend Black Percy (talk) 01:18, 26 July 2017 (UTC)

Yeah, as per The DAO bailout the intereference is second-party - David Gerard (talk) 10:46, 26 July 2017 (UTC)
Wow, just Googled that. What a mess. Having to fork the blockchain in order to undo damage =/= being invulerable to damage in the first place (as promised). Reverend Black Percy (talk) 12:22, 26 July 2017 (UTC)

BitCoin has split in twain[edit]

Source. @David Gerard, a penny for your thoughts? Reverend Black Percy (talk) 22:27, 1 August 2017 (UTC)

My thoughts are over on my authorial Facebook page, which is turning into a bitcoin blog ;-) but what's actually happening here is that one of the whales, Roger Ver, is trying to take control, despite not really being a techie. And it's fallen flat on its face - David Gerard (talk) 23:52, 4 August 2017 (UTC)
Goodpost.gif Also, thanks for summarizing things. All the best, Reverend Black Percy (talk) 04:51, 5 August 2017 (UTC)

About comparing with real or fiat currencies[edit]

Aren't fiat or real currencies also succeptable to drastic flutuations caused by unstable government, rating agencies, banking systems and speculation from stock markets? So that isn't a advantage of fiat currencies over bitcoin.

--85.245.131.219 (talk) 10:23, 12 September 2017 (UTC)

Cryptos vary at 5-10% a day - David Gerard (talk) 12:35, 12 September 2017 (UTC)
Not nearly as much. A massive swing in the value of the dollar is losing a quarter of a cent to the Euro. It's currently the 12th and Bitcoin has fluctuated by $200. Back in July it was at $1940 and then 2 months later it was $4940, but it's going to come crashing down, then up, then down, then up, and down. That is NOT the kind of fluctuation you want when major companies take a week to sign a massive contract. Maybe for speculators who like to gamble, but not for someone who signs a contract to build a factory. You'd be better off using Berkshire Hathaway shares as currency; at least those are backed by something AND pay dividends, as well as being far more stable.CorruptUser (talk) 12:40, 12 September 2017 (UTC)