Get ready for the Bitcoin copycats

Get ready for the Bitcoin copycats

There are 1 comment on the CBS News story from Jan 3, 2014, titled Get ready for the Bitcoin copycats. In it, CBS News reports that:

If 2013 was the year of Bitcoin -- and judging from the digital currency's stratospheric rise, that's a fair assumption -- then 2014 is shaping up to be the year of the Bitcoin wannabe.

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NetNews

United States

#1 Jan 6, 2014
Something to think about: Bitcoin is an ARTIFICIAL currency. Artificial or surrogate currencies can be ARTIFICIALLY controlled. manipulated, inflated or deflated, and the bottom can drop out from under them. Now, the more people that are using them for the longer the period of time, the greater the apparent stability. Just something to think about. But I can easily see thousands of ebay users suckered into buying Bitcoin currency at PayPal for use on eBay and PayPal and then overnight the value dropping to 1/3 of the real US dollar currency that they paid with REAL money. Guess who has their real money now while they buy stuff with devalued Bitcoins?
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