Post
Topic
Board Bitcoin Discussion
Re: OUCH! More Bad Bitcoin News...
by
EvilPanda
on 14/02/2014, 00:26:59 UTC
Nothing goes up in a straight line. Nothing.

Those of us around Bitcoin a while are very familiar with price dips. I view it as a great thing. People get so caught up on the price. Everybody views Bitcoin as some weird stock/investment anomaly. Bitcoin is a cur-ren-cy. Hint: a currency doesn't work if only a few people hold it. The cheaper Bitcoins are the more people can afford to access some significant number of them. Long periods of cheap Bitcoin prices mean more even and widespread distribution.

Quoted for truth!  Smiley


Agree, somebody should write a bitcoin bible and quote it there!

Just realized that putting all the best bitcoin quotes together would be a great idea, maybe in a few years we'll see it printed in a milion copies Cheesy