bitcoin, page-101

Technogy has been changing rapidly. I remembered PC speed is only Mbs, now over Gb, hard disk Mbs but now Tbs. Bitcoin, is Currenlty said to be quantity limited, but who will know hon many Bitcoins are tomorrow when technology innovating.

Alarm bell from 3 points:
1. One of world's largest Bitcoin exchange went bankrupt last month. Mt Gox
2. Mt Gox Bitcoins were stolen, security and regulation issues long way to go
3. Anything went over 100 times within a short period, is likely a bubble.even for a real commodity. E.g. Rare earth, look what REE happens.