Quote from: WildWestRider on September 05, 2017, 03:12:03 PM

Quote from: HabBear on September 05, 2017, 02:56:13 AM

"Get educated" is the best advice anyone can give a Newbie here.

Quote from: CryptoBry on September 05, 2017, 01:30:23 AM

Right now, we have big name in online retail and wholesale, some banks and other financial institutions accepting Bitcoin as well as other cryptocurrencies. I don't know about you but to me that's a signal that this craze is real.

I'll challenge you a bit only on who's accepting Bitcoin. I don't think there are really big name online retailers or wholesalers accepting Bitcoin. At least I don't hear of any progression or growth in acceptance among retailers and wholesalers. It's shocking, really. Bitcoin is becoming less and less of a currency and more and more a store of value.

That's what it looks like to this noob. I'm finally paying attention but for now it seems like more of an investment than a currency to be used on the daily. But I look forward to the day that when it's mainstream and banks no longer get rich off us.

Bitcoin is still too volatile to be a currency. Imagine a merchant is pricing an item with Bitcoin... he or she would need to adjust the price everyday to keep up with the market price, which is not realistic and no one would want to do this.