Quote from: Jutarul on April 19, 2013, 08:46:29 PM

The consensus model used by bitcoin prevents it from competing on
1) transaction delay
2) transaction fee for microtransactions

Use other means if you need quick payments and small percentage fees. However, there will be services on top of bitcoin, which allow you to do bitcoin-denominated transactions without going through the blockchain (a business model coinbase.com is working on, e.g. by providing user-user account transfers).

Regarding 3) security you have to distinguish between service providers and the security of the asset. As long as people depend on settling their final trade in some fiat currency, they will be subject to (in-)securities of the services operating at the interface. However, there are already plenty of things which do not require that step - with time, as merchants start to keep their earnings in bitcoins, this problem will fade away.

I think you're suffering from lack of imagination. Like people didn't know what the internet could be used for in the 90's. In hindsight it was obvious.

I might be lacking imagination but still can't understand what makes you that over confident. You can't compare btc and internet...
Still reading hundreds of posts in this section, and can't configure out why people are still buying above 1 euro (which is according to me, something like a "fair price").

Is it possible to actually trade btc? (I mean sell btc before actually buying it)
If not, it might explains why people are keeping buying atm.

Quote from: ManBearPig on April 19, 2013, 08:52:51 PM

I'm normally quite bad at spotting an obvious troll but...this is one.

Right?

Feel free to gtfo.