Quote from: Chalkbot on January 24, 2013, 01:30:29 AM

Quote from: cypherdoc on January 24, 2013, 01:27:04 AM

Quote from: Spaceman_Spiff on January 24, 2013, 01:22:40 AM

Quote from: cypherdoc on January 24, 2013, 01:13:06 AM

Quote from: lebing on January 24, 2013, 12:57:39 AM

Quote from: cypherdoc on January 24, 2013, 12:54:20 AM

"the geeks have no idea what they invented".

In which way?

in the sense that geeks can read the code, understand that there is something there, but fail to comprehend the economic implications of what has been created.

Nah, I think Satoshi knew exactly what he was creating. You don't just come up with a new form of currency unless you are really into monetary theory.

yes, i am being a bit inconsistent when i generalize to "geeks". i don't literally mean all geeks in deference to guys like smoothie. he gets it. and i do think Satoshi clearly knew what he was creating.

what i mean is that plenty of ppl describe Bitcoin as for "geeks" only. this clearly is not the case as not all geeks understand what's been created even though they can read code and understand a bit about economics.

So you're saying it's a steal at $17.90 per coin? Grin

Well if $18 falls....