Post
Topic
Board Speculation
Re: Taking a step back
by
Qoheleth
on 27/03/2013, 16:28:30 UTC
Oh, come on, don't let the facts get in the way of a good religion. Bitcoin is useless except to buy drugs and weapons on SR and maybe to do a spot of money laundering. The real value of a BTC is between $1 and $1.5  Grin
Couldn't that be said of Bitcoin speculators? They think BTC is embarking on global acceptance and is going to save the world in less than a month, and for these reasons it should immediately be valued at $10000/coin.

The biggest claims to fame at this point are Wordpress (an open source CMS that most none-techies don't know or care about), and Namecheap (a niche registrar -- would be understandable if GoDaddy took BTC). Plus a handful of fly by night service providers and everyone is equating it to global acceptance.
You both forgot gambling!