Quote from: Jemzx00 on May 08, 2017, 05:58:25 PM

Quote from: Meowth05 on May 08, 2017, 05:49:24 PM

Quote from: kiba on September 21, 2010, 05:53:39 PM

Quote from: theymos on September 21, 2010, 05:50:17 PM

Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

Yes. It doesn't matter what nation-states think bitcoin is.

All we're doing is saying bitcoin as something else other than its economic reality.

Yes this is really a great opportunities to many people who want to invest in bitcoin but many people have panic because of the rapidly increasing price so bitcoin so they think that they need to invest right now.

Bitcoin is just like other altcoin that can has pump and dump process in price just like any other things like gold, fiat money etc,. in market. Just as Theymos said bitcoin is money too. But unlike any other things bitcoins pumps very often and has been steadily increasing for the past years and experts are saying that bitcoin's price will increase upto 2000-2500$ at the end of the year.

Nothing ever pumps forever, and never dumps. If it does, it's not a pump and dump. Bitcoin has genuine value, and large spikes in the price cannot be compared to a pump and dump.