I love it, been saying in my recent posts that once this wall goes, it is all downhill.
Still too much optimism around here. Not nearly as much as a few months ago, but you speculators need to be shaken up a bit more until you learn your lesson. You still just don't get it that your dealing with an item similar to an antique. The only problem is, every single minute more and more of the item you own are getting thrown into the market.
This is not like stocks, which are a fixed amount and make you money through company profits. It is not like a commodity where people actually need to use the item. You are dealing with something that has no useful value other than speculators and miners trying to get money out of it.
You will all get burned, dropping from $30 to $2 was not enough to stop the optimism. Hopefully the next downturn will beat you guys up enough to stop with the crap about bitcoin rising again.
when it comes to "stocks" you never heard of capital-measurements, have you?
please consider taking some lessons in finance economy, or at least read some marx or hayek or keynes. your example with an antique is silly. can you eat dollars? NO. cna you eat euros? no! they are nothing good for, exept what the common people believe in them to be worth.
,..this currency-theories are not hard to understand at all - kind of funny how often people mix up things.
http://en.wikipedia.org/wiki/Time_value_of_money