Forbes in 2011: That’s the End of Bitcoin (1 BTC = $15) | Forbes in 2017: A Bitcoin Is Worth $4,000- You Probably Should Not Own One


“Bitcoins aren’t secure, as both the recent theft and this password problem show. They’re not liquid, nor a store of value, as the price collapse shows and if they’re none of those things then they’ll not be a great medium of exchange either as who would want to accept them?” – Forbes in 2011 when Bitcoin was at $15

“They have no inherent value, because they are a currency which represents value rather than having value themselves. The Bitcoin currency is not managed by any government agency, nor is it backed by any government.” – Forbes when Bitcoin was at $4,000

“China is going to be Bitcoins end” -Probably some guy at Forbes in the next few days

submitted by /u/Dwez1337
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