Quote from KINGOFSHORTS:
Wow so its like trading the in the old pink sheet days where you got your stack of pink sheets (that had stale prices) and you had to call up multiple firms to negotiate a price.![]()
lol yeah pretty much, like buying virtual goods in those mmorpg(online games). That was a very old quote right around the time mtgox got going, it's the reason i built my own hardware to mine instead of buying from the market- because there was no place to transact and i wanted to own some btc.
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fyi btc had a smaller bubble 1 year(?) ago i remember, i think price managed to hit ~$30 before crashing to ~$1-3 due a host of reasons, mainly lack of a stable exchange. But no way did it had the kind of media exposure like we have now from cnbc etc..
I will continue to keep my last chunk of coins long term and the miner is still running fine, but to buy by paying anything more than $15 for a coin to me is too risky.