Quote from: BitJock-e on December 23, 2013, 04:25:26 PM

Quote from: Verum Libertas on December 23, 2013, 08:31:42 AM

I feel that Bitcoin is currently undergoing a power struggle. Between the speculators and the believers.

I actually see it being more of an image issue.

Majority of people out there have heard that bitcoin is used for lots of illegal activities, if not that, then its loved by the anarchocapitalists and ultra libertarians who want to take down the government.

While these may have been some of the founding principles, like any rebellious teenager, bitcoin will need to, and is stepping into adulthood.

I feel that this is a key point. The image of Bitcoin. A lot of people have stated that the Bitcoin with stabilise as it becomes more accepted however if the image is one that shows it as a trading commodity then new people leaning about the Botcoin will probably be attracted to this side of the Bitcoin. Yes an increase in Bitcoins supply will increase stability however if the rate of speculators also increase then it will remain unstable.

Going back to the image point. The possibilities of the Bitcoin are truly endless and the community is formed of an array of intelligence. For the new comers we should glamourise innovation instead of speculation. Because at the moment from a newbies perspective it's probably seems more beneficial to trade your Bitcoins rather than trading your goods.