Post
Topic
Board Bitcoin Discussion
Re: Why are so many people Anti-Bitcoin?
by
Dan The Man
on 31/10/2011, 19:17:36 UTC

But if that's the scope of distribution for bitcoin, the price will surely be back under a penny before too long.  Very very few people here care about it's viability as a currency: they just want to get rich quick.  Hence all the desperate calls to spread the idea of bitcoin without providing valuable bitcoin services or goods.  And no, a person who buys you a prepaid VISA card for 20% markup is not a valuable bitcoin service.

I want to get rich slowly. That means that I will always hold onto some minimum amount of Bitcoins for speculative purposes. Speculative value only last's as long as the speculation time frame. I think for a lot of optimimsts that time frame is fairly long, so expect the speculative value to stick around. I have no immediate or near future use for bitcoins. I don't need them in any way shape or form. But I bet other people could, so I value them. I am a speculator.