Quote from: Lucius on April 04, 2018, 09:27:46 AM

Quote from: 1Referee on April 03, 2018, 10:25:37 AM

I get your point, but on the other hand, while it may sound a bit harsh, what Satoshi designed Bitcoin for doesn't matter anymore. It's a market just like any other market, where money moves mountains. Whether we like it or not, nothing prevents wealthy individuals or central banks attempt to buy up every coin in circulation to either inflate the price for their financial gain, or to disrupt Bitcoin's progress.

At the end of the day, no one is obliged to use Bitcoin in a specific way, and I'm glad it is like that. I personally don't see it as currency at all, and never have. It may change in the future if Bitcoin actually becomes usable on a wider field as such, but till that time, I use it as store of value and to hold a large portion of my wealth outside the current governmental and banking system. Bitcoin is freedom, so you have to accept even the sort of use you personally may not like. At the end of the day, the price plays an important role for everyone here. People saying not are just hypocrites.

Quote from: cellard on April 03, 2018, 02:52:17 PM

First of all we don't know what the true intentions of satoshi were, he talked both about currency and digital gold/store of value properties, and also it doesn't really matter what he wanted, Bitcoin is what it is and it's a store of value before it is a currency, since being censorship resistant is it's #1 feature, and if you don't care about that then well, then just use fiat.

Also anyone is free to invest or not right now, and average joes naturally will be the last guys to enter, what satoshi wanted is irrelevant to this fact.. The guys that have more money will typically be smarter and get there first. There are a lot of idiots with a lot of money out there tho.

We are going in OT here,but I will only say that there are two types of people involved with cryptocurrency.First want to BTC succeed in the intention of his creator(and I believe Satoshi consider BTC first as currency) so we can avoid current financial system(banks) and that first time in history people get decentralized currency.

Second type of people have only one intention,sell at the highest price and forget that BTC has ever existed.For this to happen in the near future they need "a lot of idiots with a lot of money" to push price up,and we all see what happen last year when so-called idiots start to buy BTC-it lost more then 50% of value in few months.

If the future of BTC is in the hand of such idiots then tens years from now there will be few hundred individuals who will play with all available BTC.Even Satoshi say that in 20 years(from 2009),there will be very large transaction volume,or no volume.

I agree with you that a lot of "idiots" buy bitcoin in order to hide their money. But why do you call them "idiots"? They believe in bitcoin and fill it with money. Everyone has their own interests. Than you better? The situation with cryptocurrency prices can be provoked by speculators who hunt for this money. If everyone would calm the price of bitcoin will not fall off. I know a lot of people who sold their coins. We are all guilty.