Quote from: Ibian on December 03, 2013, 11:26:58 AM

Quote from: An amorous cow-herder on December 03, 2013, 11:16:22 AM

Granted, i would also say that most of the worth of gold is more or less symbolic, but gold is actually usefull.
Bitcoin can be usefull as well, sure, assuming it is actually used as a transaction medium. But so far its only potentially usefull.

It's making a lot of us rich. That's useful.

Yeah, for the ones becoming rich, obviously. Not arguing about that.

Quote from: Ibian on December 03, 2013, 11:26:58 AM

The currency part will come, in time, maybe around the 100k mark.

So, in other words, you are saying the bitcoin network is worth than Apple, MS, IBM and Oracle combined?
Or worth a lot more than E-Bay (which own Paypal), Visa and Mastercard combined?

Quote from: Ibian on December 03, 2013, 11:26:58 AM

How much of mainstream speculating actually has practical value?

None, aside from making some people rich and others poor. But we already had that point above.