Quote from: evoorhees on October 18, 2011, 07:44:55 PM

Quote from: Elwar on October 18, 2011, 07:26:36 PM

Bitcoin is more robust and has more applications and technology associated with it than a year ago. That is all that matters.

This is why it's silly when people confuse the "value" of bitcoin with the "price." The value of Bitcoin as a monetary system is undoubtedly higher than a year ago, and higher than 3 months ago, and higher than last week. The "price" on the other hand, has fallen.

Those who see a price fall and equate it with a fall in Bitcoin's fundamental value will always be missing the boat.

I agree with you.