Quote from: loiterin9 on May 14, 2017, 06:42:35 PM

Quote from: btcforall777 on May 14, 2017, 04:56:23 PM

If bitcoin is useless, then explain why literally billions of dollars are flowing into it. The market determines the value. The market has spoken. You are wrong.

You are right the market does determines the value. However, ask yourself, how often do markets get it wrong? Remember the Dotcom bubble? or many other time when a security crashed dragging the entire market down. What I'm trying to say is the true value of bitcoin has been misrepresented as cheap money remittance tool. Bitcoin is not a utility anymore. So, what intrinsic value is there?

Those are great points and I agree. I just think it is too soon to tell. It will go throuhg more iterations and more people will catch on over time. ONly time will tell. But today its worth billions.