Quote from: gw4tt on September 14, 2011, 04:34:04 PM

One Million Dollars you say? http://www.youtube.com/watch?v=-DJtHL3NV1o

LMFAO!! I was thinking pretty much the same thing.
$1 million is chump change, even to some individuals these days, let alone the entire population combined.

But that's besides the point. People are SOOO fixated upon the value of bitcoin-USD conversion rate. Why the hell? If you were a true believer in the bitcoin movement, it should not matter what the exchanges are willing to pay for bitcoins. You shouldn't even be exchanging them for dirty, useless fiat currency. I wouldn't trade a sword for a stick, that's for sure.

People just need to realize that the value of bitcoin is not in it's value as an investment vehicle to realize future fiat currency profits. These people deserve to lose money, and I hope they lose lots of it. They are driving up the cost of mining the coins themselves, when this need not be the case at all, if everyone just agreed to use less power to mine. But it won't happen, because people want short-term rewards in fiat currency.

People need to start realizing what bitcoin is ACTUALLY about, and not how much fiat currency they can make from it.