Ask HN: Will 2012 be Bitcoin tookoff?
In terms of transactional volume and product development (i.e., 3rd party products, services, apps, etc.)? And, if so, how will "the man" react?
1 comments
It depends upon how events unfold. If some countries leave the Euro I can quite imagine Bitcoin, or a customized version of it, being seen as a temporary solution.
I agree. I sense, in the Malcolm Gladwell, "Blink," kind of way, that this will be big year, or even tipping point, for Bitcoin and related things.
PS: This is the best recent article I've noticed: Wired: "Bitcoin's Comeback" http://goo.gl/LYNkk. Funny how it came a month after they wrote this: "The Rise and Fall of Bitcoin": http://goo.gl/OMeiC . That second article likely marked the bottom, I'll wager (and I did, with Bitcoin purchases). See http://seekingalpha.com/article/109470-magazine-covers-as-a-... for the analogy. Of course, a lower low is still possible, such as if Bitcoin was outlawed or something else moved the earth under its feet.
PS: This is the best recent article I've noticed: Wired: "Bitcoin's Comeback" http://goo.gl/LYNkk. Funny how it came a month after they wrote this: "The Rise and Fall of Bitcoin": http://goo.gl/OMeiC . That second article likely marked the bottom, I'll wager (and I did, with Bitcoin purchases). See http://seekingalpha.com/article/109470-magazine-covers-as-a-... for the analogy. Of course, a lower low is still possible, such as if Bitcoin was outlawed or something else moved the earth under its feet.