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Board Beginners & Help
Re: What Bitcoins needs to survive
by
skilo
on 02/09/2011, 00:09:48 UTC
All thats needed is for major retailers to start accepting bitcoin as a method of payment, once this happens the MSM will have to start covering it more and then the price of BTC will EXPLODE!



Is that really what's best for Bitcoin, though? I'd prefer a lower but rock-solid price to one that was sky-high but fluctuated wildly.

Unless you were arguing the price would go high and then stabilize, which would be the best of both worlds. But once it flies up again, that would attract speculators, which might bring instability along for the ride as a consequence.

I hope the price goes to 10 million USD per BTC. All you have to do to benefit from this is to simply invest $8.50USD in one BTC. Simple.

After we are all rich who cares what the speculators do? Besides there is always other crypto currencies wich would could be used instead anyway.

Now what are you waiting for? go buy you some BTC and ill see you at the country club mate, Don't be late tee off time is at 10am!  Grin