Quote from: smho_16 on December 26, 2016, 08:41:57 PM

Quote from: Grinface on December 26, 2016, 08:07:12 PM

If you use Bitcoin as a pump and dump coin you can be burned. Bitcoin is far more than a price on a Exchange. Bitcoin is an technology and not a get rich quick scheme. Speculating about a price is a dumb idea.

Totally agree that bitcoin is not a pump and dump coin. Also I fully agree it's a new technology for raising money where only you are in full control (at least that's the core philosophy in bitcoin in my view). Speculating about price is not a good idea, but conserving your coins and buying them now it maybe the wise choice that we made in our lives a few years later. This is also a big power of bitcoin.

I think is great to see it like you are your own bank and that nobody can't charge a fee to have it into your wallet. Also, I am grateful that we have this opportunity in our lifetime to have an asset that rises in value and that nobody controls centrally. If the price goes up or down, I will continue to use bitcoin for the increasing purchasing power over time instead of the inflation with fiat.