Quote from: porc on December 21, 2013, 07:08:04 AM

Quote from: windjc on December 21, 2013, 06:18:41 AM

Quote from: porc on December 21, 2013, 03:57:11 AM

Quote from: T.Stuart on December 19, 2013, 12:36:05 PM

Quote from: porc on December 18, 2013, 11:33:51 PM

Hint: I predict a meltdown, you predict a boom. Why is your post full of wisdom, while I am posting trite? My scenario is that bitcoin cant work, thus goes into single digits/cents. Your scenario (boom), cant be connected to a concrete price (or its much harder).

1) Please explain your "can't work" scenario better.

2) Later you said "already had massive media coverage" but although I can't prove it, I really think that many of us here, with our noses in it every day, are under the illusion that every Tom, Dick and Harry in the world knows about Bitcoin, knows how to buy a Bitcoin, knows how a Bitcoin works, etc. I honestly believe that such a person is relatively rare on this planet at the moment.

For example, I live and work in Belgium in Europe, and I can tell you that no-one in the office here knows about Bitcoin. The one person I started talking to about it had not heard about it and looked confused. And he is on the internet every day (but browsing in French).

Although we (please excuse my talking for everybody) have Bitcoin on the brain, search for news etc, most people do not. And media coverage is fickle: it takes many repeats for it to sink in en masse.

Why "Bitcoin can't work"? Please explain more clearly.

1) Check out my post history.

2) In the US, bitcoin has been on front covers of main stream newspapers/magazines. Every tv news station has reported on it. Most precious metals investors know about it. Maybe the bubble can be reflated one more time. However I think in 2014 it will collapse.

You know, instead of coming up with weak theories about why Bitcoin can't work, if you had actually invested heavily in it when you found out about it you would be very well off now. Instead, you're just butthurt and lonely. And your contribution to this world is spending time trolling a bitcoin (which you claim is useless) forum.

LOL at you guys calling anybody who criticizes bitcoin a troll. I am interested in the topic sound money. I dont believe in bitcoin. I am not butthurt for missing out on bitcoin gains (which I believe are fake as most people will lose a lot of money and only a few will gain tremendously). I never said this forum is useless, as it is discussing important topics (state, economics, and money). You are pathetic.

We will see how successful your investment in bitcoin will be. He who laughs last laughs best. Now you call me a troll who contributes nothing to this forum (but disinformation and FUD). Lets see what happens in 2014.

Sound money is money you can buy something with. So the gains in bitcoin are not fake. They are REAL. Real wealth is being created. Even if Bitcoin went to zero, some people become much better off financially in the process. You are butthurt. And you have nothing to contribute.

Here's an idea. If you are interested in "sound money," go make some. Troll.