Post
Topic
Board Economics
Re: Why bitcoins are dropping, and will continue to do so
by
muyoso
on 13/07/2011, 03:20:09 UTC
Perhaps. Or perhaps doing things like designing working/secure phone apps, shop POS systems, ATMs, competent and easy exchanges, and easy-to-use secure wallet software just takes a bit more time.

You can't be serious.  I swear 50% of the people involved with bitcoins are completely delusional.  Who is investing in ATM's and POS systems?  Do you know how expensive those are to implement?  The totality of bitcoins are worth under a hundred million USD right now.  In 2005, Visa and Mastercard alone did 100 million USD of volume for customers in around 23.87 minutes.

Who the hell is investing in ATM's and POS systems for bitcoin.  Come on, you guys are smarter than this.