Quote from: Viceroy on April 19, 2013, 08:07:06 PM

This should be in speculation, not in the main category.

Feels free to move it.

Quote from: Viceroy on April 19, 2013, 08:07:06 PM

"Bitcoin is useless"

Then go somewhere else... ?

Why?

Quote from: Viceroy on April 19, 2013, 08:07:06 PM

"will most likely never be used as a currency"
It is DEFINITELY used as a currency on Silk Road and will probably continue to be adopted by others over time.

So, all the supply is based on buying drugs?
Isn't it over estimated as fuck?

Quote from: Taz on April 19, 2013, 08:08:00 PM

People are invested in bitcoin in many ways.
They see good reasons to stick with it and most of them are thinking long term.
Things crash from time to time, it doesnt mean they are dead.
And besides that profit isn't the main focus for most of the old dogs of bitcoin.

Even thinking long term, I can't get what makes them believe that the value of 1 btc is more than 1 euro ...
Of course, the price of 1 btc is what people are willing to pay for it, but there should be some guarantees.
For instance, if a lot of companies were accepting btc, if btc was almost flawless (instant payment, lower fees, no security problems), I could understand that it would appear "safe" or "reassuring", which is obviously not the case.

Quote from: JimiQ84 on April 19, 2013, 08:11:24 PM

Quote from: naphto on April 19, 2013, 08:04:15 PM

...

You clearly don't understand bitcoin. Please study.

Feel free to explain.

Quote from: Walter Rothbard on April 19, 2013, 08:15:48 PM

Quote from: naphto on April 19, 2013, 08:04:15 PM

I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc,

Why on earth did you waste those hours?

Is this how you earn govt currency as well, or do you suppose there's a better way?

Please tell me you don't think bitcoin is useless because you can't make a decent Bitcoin income looking at advertising sites.

When you pay something with your credit card or paypal, the fees are either negligible or acceptable.
When you pay something with btc, they are repulsive.

When you pay something with your credit card or paypal, you got it immediatly.
When you pay something with btc, you have to wait.

It has nothing to do with me wasting time (I stopped) for getting 0.00000001 btc.