Quote from: chodpaba on June 11, 2011, 07:00:41 PM

Quote from: NielDLR on June 11, 2011, 06:53:16 PM

Quote from: Jalum on June 11, 2011, 05:54:42 PM

Quote from: m0ep on June 11, 2011, 05:47:26 PM

Like that one

I guess it was just a matter of time that price would drop, however I don't agree will all the folks claiming bitcoin's exchange rate will be 5$ in a few days Wink

What I don't like about this price drop is that it might scare away shops that accept Bitcoin..

What can you currently do with bitcoins besides hope to sell them (for USD) to someone else for more (USD) than you paid?

That's where you miss the point. I can't wait for a proper well thorough liquid Bitcoin economy. Already I can buy stuff on numerous sites. I have bought someone's EP before and loved it! I'd buy a lot more, if I was inclined to find something I like. For me, sitting in a country like South Africa, our exchange controls are strict. We were only recently (last year) allowed to withdraw from Paypal. This is why I absolutely love Bitcoin. Yes, I have a credit card, but Bitcoin is just so much more easy. In fact, I wish Bitcoin was here a lot earlier, 'cause it makes digital payments a breeze.

U.S.-centric Bitcoiners would do well to gain insight from posters like NielDLR.

i agree (speaking from the US, but not US-centric).

Bitcoin is most useful in the world. in any (any) given country, not so much.

an effective end to the money-changers. how valuable...