Post
Topic
Board Bitcoin Discussion
Re: At what price do you think Bitcoins will begin to rebound?
by
aral
on 05/07/2011, 17:08:15 UTC
Not sure if you have actually used the internet over the last 20 years, but usually when an idea comes along and it gets a decent following it isn't just copied, it's copied a LOT. It is inevitable that something Bitcoin inspired is going to come along.

Bitcoin is actually a pretty simple concept (although you don't appear to get it).  Its value is mostly not in the implementation of the idea but the community and the infrastructure surrounding it.  A new entrant can't just one day decide to unveil a shiny new decentralized currency.