Post
Topic
Board Bitcoin Discussion
Re: The smartest article on why Bitcoin won't become the next currency
by
buddhacoiner
on 09/04/2013, 04:20:00 UTC
It's swinging now because it is still in price discovery mode. Whether it is going to be $1 or $1,000,000 one day it's going to reach equilibrium.
+1 If you look at the statistics you will see that the amount of BTC traded today on exchanges is measured in 10's of thousands. If you look at the economic transaction side of BTC you see it is measured in millions of BTC. The currency side is alive and thriving.

http://bitcoincharts.com/bitcoin/

Agreed with BitcoinTate

As for you Bitcoin Girl, meh, your points seem to come from the perspective of someone who doesn't yet understand the value of bitcoin, because you likely haven't used it to solve a problem in the real world; whether it be sending money internationally with little fees, contributing to an organization like wiki-leaks, or purchasing something anonymously from a tor network. There's more than enough of a potential market in the few examples we've listed above to justify a substantially larger $/btc price than we see today.

If you'd like, we can trade my pac man pellets for your bitcoins, if you have any.

Also, in case you care, you come across as a FUD agent, or a troll, neither of which is appreciated here.  If you'd like to be better received you should more carefully package your messages.

that's completely unfair Eye, she (or he) does not come across like that at all.  s/he brought up a valid point to consider and mull over.  a lot of people have already done that here in the past, but that's not a reason to berate her thinking.  we all just want more information, and i suggest we continue to help one another out positively.