Design Con 2015
Breaking News
Comments
Newest First | Oldest First | Threaded View
Page 1 / 5   >   >>
goafrit
User Rank
Manager
Re: Bitcoin popularity
goafrit   3/12/2014 4:58:03 PM
NO RATINGS
I think they are for real. Even Wikipedia wants to get donations via Bitcoin. I am having a changed mind that no one can stop the movement.

rich.pell
User Rank
Blogger
Re: Bitcoin popularity
rich.pell   3/3/2014 10:09:26 PM
NO RATINGS
goafrit
User Rank
Manager
Re: Bitcoin popularity
goafrit   3/3/2014 7:24:35 PM
NO RATINGS
>>  For those who were speculating on the market value of bitcoins, those proved to be good buying opportunities.

Provided you did not buy from Mt.Gox which just filed bankruptcy after losing millions of dollars. 

krisi
User Rank
CEO
Re: ASIC solutions
krisi   2/19/2014 3:52:58 PM
NO RATINGS
I think problems in Greece have very little with EURO but that is another discussion...

goafrit
User Rank
Manager
Re: ASIC solutions
goafrit   2/19/2014 3:40:20 PM
NO RATINGS
>> EU united their currency from several individual ones and they are doing great...more countries are thinking about adopting Euro which rivals US dollars now

I am not sure EU is doing great when Switzerland has voted to limit freedom of movement of other EU nations into the country. There are few that will think EU is doing fine at this point based on the currency unification. Without EURO, Greece would have avoided its problems. They will simply devalue their currency. But with none, no instrument to play.

goafrit
User Rank
Manager
Re: ASIC solutions
goafrit   2/19/2014 3:29:10 PM
NO RATINGS
>> .what if the whole world adopts BitCoin?

A really good question. It means that those we think are "not smart" now will rule the next phase of our global system. It is a possibility but extremely risky to bet on it.

krisi
User Rank
CEO
Re: Bitcoin popularity
krisi   2/14/2014 3:33:32 PM
NO RATINGS
Very true Rich...one should had bouth some bitcoins few years back...there was an episode on "Good Wife" which scared me of doing just that ;-)

krisi
User Rank
CEO
Re: ASIC solutions
krisi   2/14/2014 3:31:06 PM
NO RATINGS
Not sure I buy this argument @goafrit..EU united their currency from several individual ones and they are doing great...more countries are thinking about adopting Euro which rivals US dollars now

rich.pell
User Rank
Blogger
Re: Bitcoin popularity
rich.pell   2/14/2014 11:22:40 AM
NO RATINGS
"Bitcoin is like the housing market before the bubble. It is irrational exuberance at the best"

Indeed, the recent peak in the market value of bitcoins and subsequent "crash" is typical of such a boom/bust cycle.  Keep in mind that this has happened at least twice before (in mid 2011 and again early last year), both times starting from much lower levels.  For those who were speculating on the market value of bitcoins, those proved to be good buying opportunities.

goafrit
User Rank
Manager
Re: ASIC solutions
goafrit   2/14/2014 10:30:28 AM
NO RATINGS
>>I guess in this case risk is high...but payoff is huge...what if the whole world adopts BitCoin?

That will not happen because the most effective tool for any economic strategy is the monetrary policy. That is one reason why currency union suffers. If you owe $30b to companies in your local currency, you have the power as government to devaalue your currency to get more money in the central bank to pay that off. When you lose that power, you are in trouble. I do not see why government will lose that tool to Bitcoin which they cannot manipulate.

Page 1 / 5   >   >>


Top Comments of the Week
Flash Poll
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
<b><a href=Betajet">

The Circle – The Future's Imperfect in the Present Tense
Betajet
5 comments
The Circle, a satirical, dystopian novel published in 2013 by San Francisco-based writer Dave Eggers, is about a large, very powerful technology company that combines aspects of Google, ...

Max Maxfield

Recommended Reads From the Engineer's Bookshelf
Max Maxfield
23 comments
I'm not sure if I read more than most folks or not, but I do I know that I spend quite a lot of time reading. I hate to be idle, so I always have a book or two somewhere about my person -- ...

Martin Rowe

Make This Engineering Museum a Reality
Martin Rowe
Post a comment
Vincent Valentine is a man on a mission. He wants to make the first house to ever have a telephone into a telephone museum. Without help, it may not happen.

Rich Quinnell

Making the Grade in Industrial Design
Rich Quinnell
16 comments
As every developer knows, there are the paper specifications for a product design, and then there are the real requirements. The paper specs are dry, bland, and rigidly numeric, making ...

Special Video Section
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...
General-purpose DACs have applications in instrumentation, ...
Linear Technology demonstrates its latest measurement ...
10:29
Demos from Maxim Integrated at Electronica 2014 show ...
Bosch CEO Stefan Finkbeiner shows off latest combo and ...
STMicroelectronics demoed this simple gesture control ...
Keysight shows you what signals lurk in real-time at 510MHz ...
TE Connectivity's clear-plastic, full-size model car shows ...
Why culture makes Linear Tech a winner.
Recently formed Architects of Modern Power consortium ...
Specially modified Corvette C7 Stingray responds to ex Indy ...
Avago’s ACPL-K30T is the first solid-state driver qualified ...
NXP launches its line of multi-gate, multifunction, ...
Doug Bailey, VP of marketing at Power Integrations, gives a ...
See how to ease software bring-up with DesignWare IP ...
DesignWare IP Prototyping Kits enable fast software ...
This video explores the LT3086, a new member of our LDO+ ...
In today’s modern electronic systems, the need for power ...