Quote from: chesthing on April 26, 2016, 01:55:25 AM

Quote from: r0ach on April 26, 2016, 01:25:41 AM

So, when it hits $500, do you just make a new chart and pretend the last one doesn't exist? Also, Bitcoin as a physical currency is going to be yuge. All technically unsavy people will be using this stuff like crazy in place of $100 bills: https://opendime.com/

You are fucking delusional. Nobody is going to give a flying fuck about some crypto bullshit monopoly play money if the dollar collapses. If that happens, you better run for your life to the hills. Do you honestly believe bitcoin is going to save the world from societal collapse following economic collapse? if so, you should really see a shrink. The ONLY thing bitcoin does well is serve as a betting tool, nobody in the real world uses it or gives a shit about it. The fact there is no way to reverse a charge or appeal to somebody in the event you get scammed is reason enough it will never be a major currency - let's not even get into the issues of scaling to any real usage vs transaction time.
Btw, this uptrend is very low on volume, I seriously doubt it will continue without a correction.

Who said anything about a dollar collapse ... think about a systemic monetary lock-up scenario where SWIFT gets hacked in a retaliatory cyber-strike by Iran/China/Russia for being shut out by bully-boy USA/UK/Israel axis.

Which system are you going to use for global bank settlement transfers on the day SWIFT can no longer be trusted?