Quote from: hromobiti on December 20, 2013, 02:01:01 AM

Quote from: 7Priest7 on December 20, 2013, 01:43:05 AM

Gold is used to ensure good connections on high end electronics.
Gold is the goto metal for wedding/engagement rings.
Gold has much value outside of the demand for gold.

Bitcoin has best Merchant support.
Bitcoin has most secured network with computation power.

You can buy both small amounts of BTC and big amounts of BTC, and still sell it fairly easy. It's not easy to sell 1kg gold on the street.

People are looking down at BTC and thinking that there is endlessly with coins, but there is not.
There is a limit of coins as there is of gold. It's easier to get coins than gold. It's easier to sell.
You are able to buy a pizza with coins, but can you buy a pizza with gold?
Can anyone mine gold? Can a poor working man in Spain go to a gold mine and get some gold?

I guess this is the same discussion that people had when internet came. "Internet won't get big, no one will be able to use it. Letters, phone calls and the library - that's the only thing that's secure. The internet is just something that will be big for a year"
Or the touchscreen-phones.

Sure bitcoins isn't stable at the moment, but is the euro stable?
One week it's 10SEK, the next week it's 9. Then all of a sudden down to 7 and then rises.
Bitcoins is still a new currency, it isn't until this year a lot of people started to use it. I was thinking the same way as every doubter does, back in 2010-2011. I had a few coins that I bought games with and then quit mining. Do you think I regret it now? I had 2 BTC left or something when I quit. If I would have continued I would have been a millionaire today. I started again a few weeks ago, I got a second chance.
People have been doubting BTC for years now, can't you see that it's just growing bigger? Sure it crashes before the week before christmas, there is two reasons why it crashed:
1. China.
2. It's christmas, people need money. They sell their BTC before christmas because they need money. People don't buy BTC right now because they need money. I promise you it will rise again in January, I'm 100% sure of it.