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Comment on Bitcoin Plunges By Nearly $30 As Largest Market Suffers Outageparent

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What are your terms on that bet?

My take on it is that it's a mistake to think it's a currency. It has a lot more in common with gold, but without the heavy lifting.

If it's not a currency it shouldn't act like one.

My terms are: if I win, you pay me a (worthless) Bitcoin. If you win, I owe you a stupid amount of money.

It's meant to indicate my disregard for Bitcoin's chances of success.

I'll take that bet. Let's say, 2018-04-04 as the date, and use today's high of $147 USD as the crossover point.

If I lose, I owe you a BitCoin. If I win, you owe me one. Feel free to pre-purchase that coin. I'll stick a reminder in my calendar.

I'm not going to buy a Bitcoin. I'll just go into tremendous debt if I lose, and if I win, well, you can just keep it ;)

Oh, and I wouldn't take today's high. I'm talking about this current hump. After it falls below 100, it won't make it back up to 100, is the bet I'd make.

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