Post
Topic
Board Economics
Re: BTC = $19?!
by
benjamindees
on 06/06/2011, 01:26:40 UTC
Stop this talk is stupid - its never going to take 1% of the worlds economy and you make us look like idiots when you talk like this. It maybe an alternative to other investments like gold or silver but lets be honest its value is because it can buy a relatively high amount of dollars. People want the dollar value not the bitcoins.

Personally I think Bitcoin has much more promise as a medium of exchange than as an investment.  But even if it just reached parity with silver, that's $1500 / BTC.