Quote from: TheMagikarp on May 29, 2011, 03:22:46 AM

I only found out about Bitcoins about a week ago, and while I realise the potential that they have, I see them strictly as an investment.

I'm 21 and am saving money to build a home within the next two years. After reading up on Bitcoins over the last few days, I plan to sink around $1000 into them. Then, when they reach a certain value, I plan to "cash out" and put the profit towards my home.

I understand the risk I'm taking in doing so, but what I want to know is; am I looking at Bitcoin the wrong way? Should I see it as more than a way to make some money?

Why do you think it will go up in value? Why not just go to Vegas, put 1000 on black?

Also, why would you want to buy a home?