So are you guys still arguing that BTC is a reliable store of value?
Do you think this is just a short term dip?
add to that not having a clue how to fairly value it
Surely that's a contradiction in terms.a volatile store of value
Surely that's a contradiction in terms.
Many of us have told you how to value it.
It’s worth nothing. This is clear to anyone not caught up in the mania.
Brendan
Yep, where the issues arise is in transferring money into or attempting to take it out of Bitcoin. Those transactions need to comply with whatever anti-money laundering legislation is in place in the local market, and that's causing some problems now. Also, US regulations cover the operation and management of crypto exchanges as evidenced in the Silk Road take down. So while money already in Bitcoin can move regulation free, putting it in, or getting it out is facing increasing hurdles.