Quote from: Elwar on April 07, 2013, 10:34:24 PM

Quote from: Crazy on April 07, 2013, 10:25:50 PM

This is so funny and sad at the same time. In recent months BTC has seemingly lost its true utility -- a currency -- and has become a speculative asset that provides no utility because if you use it, you'll potentially be leaving money on the table. Amazing Shocked

Everyone start paying with Paypal and Dwolla again Cheesy

Is this based upon opinion or do you have facts to back up that claim?

http://blockchain.info/charts/n-transactions-excluding-popular

http://bitcoinmagazine.com/bitpay-processes-5-million-in-march-eclipses-silk-road/

I have not used bitcoins as a currency until recent months.

Do you honestly think that people are not speculating with bitcoins? Bitpay does 5 million in a month. Mtgox does 10 million in a day.

Miners create 3600 new bitcoins per day. That's currently more than $500k per day. Where does this money come from?