Quote from: ex-trader on September 29, 2013, 07:31:59 PM

Quote from: pedrog on September 29, 2013, 07:16:05 PM

The "bet" here is as much in BEOBEE as it is in bitcoin, if someone thinks NEOBEE is going to fail because bitcoin price will drop to zero, just stay away from bitcoin at all...

Not true.

If you compare to most other Bitcoin ventures, their businesses earn Bitcoins irrespective of what the BTC price is (although some have a small cost element in Fiat), this includes miners, gambling sites, ASIC manufacturers etc. A halving in BTC price barely affects these businesses. If Bitcoin falls you simply hold their earnings in Bitcoin and wait for it to go back up again. They do not fail as businesses.

If Bitcoin falls Neo falls and goes bust - very different outcome.

As with anything that finds a price based on supply and demand, one could argue that those existing businesses would receive less BTC income if less people are using BTC. Which is the case when demand drops the price follows suit.