Quote from: bolverk on March 30, 2014, 09:47:38 AM

Quote from: chromosoma on March 30, 2014, 01:39:01 AM

Gold.
Gold has its value since the every beginning.You can trade gold everywhere. Bitcoin is going down; it is now up to few holders, who have 100k+ btc in their wallet; they just need a slow escape plan; because u cant sell suck amount at once. You need to exit slowly in order to keep the price high.
Bitcoin is jut the biggest scam in the history of humanity.Billions of cash was made by selling some simple asics, miners and trading .
Only fool is thinking some random number are suddenly worth of 1000 Dollars.
Lol, "00000000000ererw0ewedsdfsdcshit" is worth money? What a joke.

Game over BTC:)

Like you, I believe in gold as the ultimate store of value. Unlike you, I actually understand what bitcoin is and what makes it valuable. Bitcoin, ultimately, is fiat, and no fiat has an inherent value. That said, bitcoin is potentially more valuable to any other existing fiat due to how it's managed. Quite frankly, barring a united world-wide government ban making it illegal, it will probably retain value better than the US dollar.

Read up on the technology and what problems it's trying to solve before trolling some ignorant random number BS.

Thanks for bitch slapping the troll...

Fiat by definition means state sponsored or decreed by government. Under that definition, bitcoin is not fiat.

I also disagree about "inherent value".

Bitcoin has inherent value by its design as a decentralized network and de facto value
based on the network itself as well as the bitcoin economy as a whole.