Quote from: nuggets4all on April 11, 2013, 05:53:39 PM

Shut up and read an economics text book. Hoarding is a necessary function in markets. Without hoarding, aka saving, markets could not prepare for the future.

I would put forward that we approach each others points of view in an open way. We get used to shooting down each others ideas without thinking them through.

I can understand that if you have a bunch of bitcoins now, you are all excited because you are making a lot of money (not talking to nuggets, i address us all). I think there many reasons why people approach bitcoin:

1. Because they need a way to transfer something valuable to another party, and love the anonymity of it all.
2. Because they are tired of government manipulation, and love unregulated market dynamics.
3. Because they are tired of manipulation in general (this is where most of my interest in btc is).
4. Because its a cool experiment.

If you believe like me that people and/or groups of people are manipulating people's greed and driving the price of the bitcoin up and down to sucker them out of their fiat money, it is in fact ruining bitcoin for some of us. Mainly its reducing the value of bitcoin for people who are interested in 1. and 3.

I wish that bitcoin would evolve to serve better the needs of users interested in 1 and 3. Id like to be able to use my fiat currency to buy a crypto-currency, and know that if I left it alone a year, I could still purchase roughly the same products. That is if I could buy my weekly groceries with 10 btc today, I'd like to be able to buy roughly the same value in groceries 1, 5 years in the future. Free from bankster/power group and government manipulation. If It could also be transfered anonymously I think a lot of people would be happy.

I have come to realize this can not be achieve with bitcoin as it stands today.

Of course, for those who want to make money out of nothing by just sitting in front of their computers, and playing btc lottery, it would be no fun, and I understand that. Also it would be no fun for people who want to see pure market dynamics working, untainted by any kind of self-regulation.

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I might be totally wrong, please be kind when pointing it out, and I will understand your point of view a lot better.