Quotes & Sayings About Bitcoins

The joke is that U2's new record only looked like a virus. Enjoy mining bitcoins for me losers. — Thom Yorke

Don't take any wooden Bitcoins. — Sandra Peterson Ramirez

Bitcoins are not illegal in and of themselves and have known legitimate uses," the FBI agent, who drew up the complaint, wrote. This brief sentence was one of the strongest statements to date about the legality of Bitcoin in the United States - and it came from one — Nathaniel Popper

Since we're all rich with bitcoins ... we ought to put some of this unearned wealth to good use. — Hal Finney

I think bitcoins are obviously becoming more and more relevant, — Ashton Kutcher

In the aftermath of the oh-so-predictable crash, the Bitcoin fanatics have begun marshaling out excuse after excuse for why this non-investment investment lost so much of its value so fast. One was that hackers attacked some of the exchanges for Bitcoins and crippled it. Really? A hacker can wreck an entire market? — Kurt Eichenwald

Bitcoins are not a real investment; they are bets inside a casino. If the price goes back up, don't be fooled. In the parlance of popping investment bubbles, it's something called a 'dead-cat bounce.' People who are desperate to keep the game going rush back in, hoping to bring the price back up, but it never lasts. — Kurt Eichenwald

Bitcoins are not an investment. They are an investment fad that someday could be a real digital currency, but if they continue to behave as they have, they will instead be nothing. — Kurt Eichenwald

Assess Bitcoins? All you can do is examine the trading patterns, which do not provide a real analysis of any underlying economic value. The economics of investments are not solely based on supply and demand, and that is all that goes into Bitcoin prices. — Kurt Eichenwald

The total supply is capped at an arbitrary limit of 21 million, and approximately every four years the creation rate is halved. This means new bitcoins will continue to be released for more than a hundred years. — Anonymous

Bitcoins can be traded or used for purchases, but only with those sellers who will accept them. Because it is a system independent of external meddling, there can be no sudden devaluation of Bitcoins through the actions of governments. — Kurt Eichenwald

In May 2010, a Florida programmer by the name of Laszlo Hanyecz wanted to test the technology. He offered to buy a pizza for 10,000 coins. The pizza arrived. For several days after that, Hanyecz bought 10,000-bitcoin pizzas. I bet he regrets it now. Ten thousand bitcoins would at one stage be worth over 12 million dollars. Twelve million bucks for a pizza! — Dominic Frisby