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Ask HN: Will 2012 be Bitcoin tookoff?
3 points by chris123 on Jan 1, 2012 | hide | past | favorite | 2 comments
In terms of transactional volume and product development (i.e., 3rd party products, services, apps, etc.)? And, if so, how will "the man" react?


It depends upon how events unfold. If some countries leave the Euro I can quite imagine Bitcoin, or a customized version of it, being seen as a temporary solution.


I agree. I sense, in the Malcolm Gladwell, "Blink," kind of way, that this will be big year, or even tipping point, for Bitcoin and related things.

PS: This is the best recent article I've noticed: Wired: "Bitcoin's Comeback" http://goo.gl/LYNkk. Funny how it came a month after they wrote this: "The Rise and Fall of Bitcoin": http://goo.gl/OMeiC . That second article likely marked the bottom, I'll wager (and I did, with Bitcoin purchases). See http://seekingalpha.com/article/109470-magazine-covers-as-a-... for the analogy. Of course, a lower low is still possible, such as if Bitcoin was outlawed or something else moved the earth under its feet.




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