Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JorgeStolfi
on 04/05/2015, 03:00:15 UTC
money which the bitcoin holders have put into the system, and expect to get back from it ---
I've put dollars into bitcoin but I don't expect to get back dollars. I expect to get back goods and services.
It does not matter.  If you buy 1 BTC today, the only way you will get 240$ worth of goods tomorrow is if tomorrow's new investors, after buying all the 3600 coins that will be issued tomorrow, will also buy from BitPay the 1 BTC that you spent on said goods.