The Bitcoin Bubble | TDNC Podcast #75

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This Does Not Compute

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Published on December 22, 2017 4:00:02 PM ● Video Link: https://www.youtube.com/watch?v=OE4J-_vZDwk

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Show

Duration: 34:59

5,659 views

297

Bitcoin has seen a massive increase in value since its humble beginnings not too long ago. But many are saying the cryptocurrency isn't going to keep that value for much longer. What will it take to burst the bubble?

Sources and image credits:

Bitcoin failing as currency:
https://www.engadget.com/2017/12/14/bitcoin-is-failing-as-a-currency/

Gold bar image:
https://commons.wikimedia.org/wiki/File:Toi_250kg_gold_bar.jpg#/media/File:Toi_250kg_gold_bar.jpg

Cash image:
https://commons.wikimedia.org/wiki/File:USNotes.jpg#/media/File:USNotes.jpg

Coin stacks image:
https://commons.wikimedia.org/wiki/File:Contando_Dinheiro_(8228640).jpg#/media/File:Contando_Dinheiro_(8228640).jpg

Nixon photo:
https://commons.wikimedia.org/wiki/File:Nixon_30-0316a.jpg#/media/File:Nixon_30-0316a.jpg

Satoshi Nakamoto identity unknown:
http://mashable.com/2017/12/12/bitcoin-satoshi-trillionaire/#kU9ZEnsIiZqw

Lost Bitcoins in landfill:
https://www.theguardian.com/technology/2013/nov/27/hard-drive-bitcoin-landfill-site

Bitcoin mining farm image:
https://commons.wikimedia.org/wiki/File:Cryptocurrency_Mining_Farm.jpg#/media/File:Cryptocurrency_Mining_Farm.jpg

GPU-based mining rig image:
https://upload.wikimedia.org/wikipedia/commons/6/6c/AustrianBitCoinMiningRig.jpg

ASIC-based miner image:
https://commons.wikimedia.org/wiki/File:Avalon-An_ASIC_base_bitcoin_machine.jpg#/media/File:Avalon-An_ASIC_base_bitcoin_machine.jpg

Steam not accepting Bitcoin:
https://www.theverge.com/2017/12/6/16743220/valve-steam-bitcoin-game-store-payment-method-crypto-volatility

Black Friday 1869:
https://en.wikipedia.org/wiki/Black_Friday_(1869)

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Music by Lakey Inspired (http://www.soundcloud.com/lakeyinspired).
Intro music by BoxCat Games (http://www.box-cat.com).