Quote from: AnonyMint on March 15, 2014, 07:11:53 PM

Quote from: Beliathon on March 15, 2014, 07:00:42 PM

Quote from: AnonyMint on March 15, 2014, 06:59:21 PM

Sigh. Okay you two will miss your chance at 1000X gains. Fine with me. Good luck.

Hey noob, I'm doing okay. I went in pre-100. I've already gained 1400% on my original BTC investment, and completely divested myself from the very dubious, artificially-inflated dollar. You should too.

That's what happens when you buy and hold. Cryptocurrency's value increases logarithmically year over year, and there's nothing you or anyone else can do to stop it. Pandora's box has been opened.

Every obstacle the terrified governments of the world throw at crypto is a mere speedbump in the big-picture, long view of the evolution of this new technology.

And trees grow past the moon to ur-anus too.

Rather adoption curves are logistic.

So the question is at what point is Bitcoin fully adopted?

Most people in the world don't give a rats ass about our idealistic goals with decentralized crypto-currency.

They would prefer to use Paypal or a credit card.

So Bitcoin will only continue going up if:

1. More investors drink the Koolaid.

2. There is some compelling mainstream use of Bitcoin that we haven't seen yet.

So it is quite easy to displace Bitcoin, simply invent an altcoin that has some very important use which Bitcoin can't do, and which many people need desperately.

I know what that is.

So goodbye to you. Enjoy your myopia.

Some parts of what he said make sense. If we really want to promote decentralized currencies and not just for profit, we'll be all ok for another altcoin to go mainstream instead of MUST BE BITCOIN hurr durr

The only reason we are promoting just bitcoins is it already had enough traction and we don't want to flood the average joe's mind with thousands of different copycats cryptos.

So if another cryptocurrency's rise is the death of bitcoin, it is still actually still a good news in the big picture.