Post
Topic
Board Bitcoin Discussion
Re: Measure Value in Infrastructure Development not Price
by
Svennisen
on 09/06/2013, 18:57:21 UTC
In the speculation threads people are crying over the drop in price as though 'this is the end'. I'd like to point out that while Bitcoin might have been driven primarily by speculation in the early days, that has changed significantly. At this point, Bitcoin infrastructure development (ASIC's, Services, Conferences, Technology,etc...) is growing at an ever increasing rate. This is how those nervous Bitcoin holders should be pricing the Bitcoins in their hands. The 'machine' of Bitcoin is getting only larger, more international, more decentralised.

Measure the value of a Bitcoin by the infrastructure and people behind it- and it's only going up. How many conferences/meetups are there this year? 10+? It's incredible. I couldn't be more excited.

+1

While the value may shift up and down, in the long run it is the success of bitcoin as a real currency that matters. Simple, if bitcoins succeeds, the value will go up.


But I think many of us is in this simply because its awesomeness and not the potential to get rich. Smiley