Quote from: Chaang Noi (Goat) ช้างน้อย on December 30, 2013, 01:27:57 AM

Quote from: gandhibt on December 30, 2013, 01:22:30 AM

Quote from: Chaang Noi (Goat) ช้างน้อย on December 30, 2013, 01:10:32 AM

Quote from: kurious on December 30, 2013, 01:00:54 AM

Quote from: Chaang Noi (Goat) ช้างน้อย on December 30, 2013, 12:56:36 AM

equilibrium (even with fluctuation) is realistic.

there are somethings that the usd is better for and some things btc is better for. one will not kill off the other any time soon.

500 years from now? sure... gold might be the thing again by then, lol.

Agreed - but let me run this by you, it's been bugging me:

Digital currency - in the form of neutral, non-centralised and trustworthy value transfer systems make sense.

But whether BTC is Myspace and not Facebook, or AltaVista and not Google is a moot point.

Change will come, yes - but Bitcoin is a pioneer and something better could well take advantage of the doors it opens.

A network of P2P value exchange is obviously necessary, but BTC is just showing what is possible, and the coin value is much less relevant than the actual network value (which cannot be bought).

We actually cannot (yet) buy what the value of this idea is, anymore than you can buy shares in the internet. The real money is in the applications regular people can really use.

They are not there yet, they will be and this will 'make' bitcoin, but to be honest I am beginning to thing the price of a coin is really missing the point of what we are part of and I am seeking ways to invest in applications for this technology, not the coins which flow between the points of its' network.

Philosophical drivel maybe - but I do not here anyone here discussing this kind of 'future' when it seems patently obvious to me that we are not thinking what the applications riding on the network could actually do, and mean for the future. Not just the 'price' of a coin.

yes but after ww3 we might be back to shiny rocks being the most advanced thing we have.

assuming we dont ww3 cryptocoins are unstoppable. its why i massively got in ltc.

would you say that now is still good time to invest in ltc or would it be wise to wait that it dips a bit?

no idea, but when LTC was trading at like 1/10th of half a cent it looked like a good risk/reward opportunity.

My portfolio is 65%/35% BTC/LTC. I am constantly arguing with myself as to how much more LTC I should buy. It's higher risk but also higher reward. I wouldn't be completely shocked if in the next few months we saw LTC hit .1BTC. At the same time I wouldn't be shocked if it hit .02 again. (I would not be happy with that, but I suppose its a real possibility)