Excellent read. I especially enjoyed some of the expert opinions that were provided at the end of the article.

I had almost invested in #bitcoin when it was selling at only $300 but decided it against it for several of the reasons that @[Richard Shaw](user:5170) covered here. While I of course now regret not having purchased it then, this article certainly reinforces many of the overall concerns I still have with #crypyocurrencies in general. $BITCOMP.

This is a very interesting article on #bitcoin. While very wary of #cryptocurrencies myself, I had assumed that Bitcoin, or at least digital currencies in general were the way of the future. I had no idea of the technical limitations of bitcoin or of its inability to be scalable. This is a whole new facet that should be carefully considered before investing. $BITCOMP

I have been completely dumbfounded by #Bitcoin's meteoric rise. $BITCOMP.

"I don’t expect that #cryptocurrency in any of its current forms will survive because they don’t offer anything particularly useful compared to traditional money."

@[Michael Ashton](user:12172), great article and I agree with everything you said, though you forgot one point with your quote above. #Cryptocurrencies like #bitcoin do offer one extremely useful benefit over traditional money. It's untraceable. Criminals and those who wish to hide their activities will pump millions into crypto currencies for this very reason alone. $BITCOMP

I never would have imagined it either. I wonder how high #bitcoin will go! $BITCOMP

I still can't believe #bitcoin is trading at over $8000! I thought about buying at $300 but was sure it was a fad. $Bitcomp

Don't forget the criminal element. #CryptoCurrencies have been a huge boon to them. They pump billions into #bitcoin and other cryptos since it is untraceable. $BITCOMP

Sure, #bitcoin owners can't necessarily control what happens, but they have a rabid fan base and loyal owners which will make it hard for the value to drop long term. I'f say they are as faithful as $AAPL owner. I think that's what @[WOWCD](user:56252), was referring to.

$BITCOMP #crypocurrencies

Very true, I've often warned about getting mixed in with the #bitcoin craze. At some point, governments may make it illegal or require regulations. Or hackers could potentially steal all the value. Give me good ol' gold any day. $Bitcomp

Very cool, excited to win a free #bitcoin! $BITCOMP