Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Tzupy
on 21/03/2015, 08:23:31 UTC
...The bitcoin system does not create any real wealth (food, homes, cars, boat rides, haircuts...)  ...

You are mistaken, bitcoin (the network) is a service, just like hairdressing. It fulfills the needs of small fraction of the society, although with a stupid waste of computing power / energy.
As long as dark markets and like will continue to use bitcoin, it will have intrinsic value. When / if they will stop, only then the value will converge towards 0.