Quote from: lucas.sev on December 04, 2013, 05:19:43 PM

Quote from: neutrinox on December 04, 2013, 05:16:09 PM

Quote from: lucas.sev on December 04, 2013, 05:07:40 PM

Works fine for gold

Yes, and gold is used in day to day transactions by regular consumers all the time... Roll Eyes

Bitcoin won't be used in day to day transactions by regular consumers all the time. It won't be a currency. It's a store of value thing, like gold. Roll Eyes

Agree. It will become the crypto store of value against which other crypto's, better suited to rapid small value transactions, peg themselves. Which is why I'm holding onto my LTC. It won't achieve this though until it becomes a store of safe value, which requires it's price fluctuations to moderate. This is what is happening now. (in my entirely ignorant opinion