Quote from: CanadianGuy on June 09, 2013, 12:52:06 PM

Quote from: erk on June 09, 2013, 12:46:23 PM

Quote from: LTCMINER2013 on June 09, 2013, 12:40:10 PM

I think that they are an investment.

BTC cant stay at ~100$ forever if its going to be "successful".
With only 21 million coins, market liquidity won't be possible with only $2.1billion money stock.

The good thing is that Bitcoins ROI time is shorter than traditional investment methods.
Its still a gamble, and with all big rewards, comes big risks - just as it has been like at every step of Bitcoins existence.

The problem is that BTC price is not rising in relation to difficulty increases as it should be.

The US gov has gone out of it's way to make it harder to get $USD into BTC exchanges, and there are periodic rapid BTC sell offs driving the price back down, when it should be rising.

I keep seeing this myth coming up. Amount of BTC mined doesn't go UP. The difficulty adjusts itself accordingly so that we get an ideal confirmation time of 10 minutes, so the amount of BTC being mined is a CONSTANT, it's simply distributed in progressively slower amounts as more miners join the game. More pigs, SAME TROUGH, SAME SUPPLY. it simply takes more time to create the same amount of btc now. That is why the final creation of 21,000,000 coins has an exact date to it, otherwise it would be unpredictable.

WTF are you talking about? I am talking about the BTC price and you go off on a tangent about the rate of coin mining.