Quote from: barwizi on March 29, 2014, 09:14:02 PM

Quote from: Jherek on March 29, 2014, 08:56:17 PM

Quote from: s1gs3gv on March 29, 2014, 08:25:57 PM

Quote from: Jherek on March 29, 2014, 07:58:20 PM

It will need some time for you evangelists to learn that bitcoin is digital gold and not digital money.

Fyrstikken (cryptorush) would call it a commodity: http://www.youtube.com/watch?v=8q9DvydzAsY

Quote: "Bitcoin worshipers will never go to heaven " LOL

Price trending to the cost of mining it.

Use of malicious negative feedback to suppress free speech brings shame on the bitcoin community.

Frystikken is an idiot.

But that doesnt disprove my point. Its simply plain logic, that a hard cap coin can not be a currency. It IS a ponzi and risky investment.
Money works totally different from Bitcoins. As said, it is not wrong to invest in bitcoins, but what's wrong is to confuse gold and money.

let me walk you through economics 101

1) what is money?
2) how do we define the value of money
3) why are Dollars not money?
4) why is bitcoin a better expression of value than dollars or any other gov controlled fiat currency?

Maybe you should do your walk alone first. Especially point 1 and 2.
Or in other words: It is idiotic to think, that commodity with increasing difficulty to get it can be stable in a market.