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sral · 08-21-2015, 06:11 PM

It's a crypto-currency. Call it what you like, it's still a virtual currency. And yes, it fluctuates.. just as all other currency happens to fluctuate.

It's obvious it would fluctuate more so than USD, no? It's capped at around 21 million BitCoins. The coins worth won't decay as a result of hyperinflation. It's simply not possible.

I completely disagree with your 'retardedly volatile' comment, though. It's been pretty stable around the £150.00 GBP = 1 bitcoin recently. I actually think that's fairly cheap, and will fall possibly to £140.00 in the coming four weeks. Great time to buy in IMO.

08-21-2015, 06:11 PM	#16
sral LARSLARSLARSLARSLARS Join Date: Aug 2014 Location: CRUMPETVILLE Posts: 8,605 Battle Record: 28-3 Champed - Gimmick Battle League - The Winter Topical - Topical Martyrs - Lime Green Poetry Association - Lyric Olympics - Art of Writing League - Guerrilla Writing League (2x) - Black August II Rep Power: 85899396	It's a crypto-currency. Call it what you like, it's still a virtual currency. And yes, it fluctuates.. just as all other currency happens to fluctuate. It's obvious it would fluctuate more so than USD, no? It's capped at around 21 million BitCoins. The coins worth won't decay as a result of hyperinflation. It's simply not possible. I completely disagree with your 'retardedly volatile' comment, though. It's been pretty stable around the £150.00 GBP = 1 bitcoin recently. I actually think that's fairly cheap, and will fall possibly to £140.00 in the coming four weeks. Great time to buy in IMO. __________________ - Netcees Rebuttal Tourney - Art of Writing League (x 4) - AOWL Season 11 Champion (Undefeated Season)