Quote from: spiderbrain on June 19, 2014, 11:11:22 AM

I agree, personal attacks suck. Some replies:

Quote from: mmitech on June 18, 2014, 06:54:02 PM

1- the decentralization is being destroyed a day after day by big mining pools and exchanges and wallet services and all kind of other centralized services.

Yup, not as good as it was, but still infinitely better than the current global fiat curency system. Can I see secret payments/bribes going between investment banks, politicians and central bankers across the world on the blockchain? No. If the global financial system finally disappears into a debt black hole will I still have my bitcoins? Yes.

Quote from: mmitech on June 18, 2014, 06:54:02 PM

2- in fact, Bitcoin is a high inflationary currency at this moment (for the next 100 year Bitcoin will be still inflationary), 25 BTC are mined in average of 10 minutes, well in fact it has been 7 minutes for some time now to be accurate, but lets pretend that is 10 min instead so: 150BTCan hour or 3600BTC a day or 1314000BTC a year, yes more than a million Bitcoin... this makes the inflation rate more than 10% a year.

Yup, there is some inflation, but compare it to Japan, for example, which is doubling the number of yen in 12 monhts, it's pretty low. Also, the value is still very low compared to it's likely future stable value, so not a bad thing to hold on to in a diversified portfolio.

Quote from: mmitech on June 18, 2014, 06:54:02 PM

3- not really easily stored, you need to be so careful when dealing or storing bitcoins, many thefts and hacks were going around the last 5 years, many exchanges and services failed because of this, sending looks simple but for a person who is not so tech savvy it looks so complicated a combination of capital/small letters and nembers as an address and change addresses and backups and.... add to that in order for the network to work(transactions being confirmed) miners are needed so there so much energy needed to spend (secure/confirm the validity) a bitcoin.

Money is too hard to store, especially if I leave a big pile in the street when it's windy. It's complicated to use/store if you don't understand computers, but these people are children who are having all power taken away from them. Ohh, computers are weird/hard, I don't want to used them. Oh, I dont have a job now, why did that happen? I don't like smart phones, they are too complicated. Oh, what's that? No job again. Oh bitcoin is too hard, I'll trust the banks who have already shown themselves to be completely untrustworthy. Oh, what's that? All my money's gone? Oh, it was never really there, that's right.

Quote from: mmitech on June 18, 2014, 06:54:02 PM

4- not anonymous, I would say it could offers some kind of privacy if you know how to use it, it sure offers insurance against identity theft but right now if you send me a transaction I could see the history of your transactions and maybe even how much funds you do carry around .... when the coinjoin will be implemented and it starts working as it should or maybe when a good mixer is used this would be a real private, but now it is not anonymous neither private to be honest.

Not not anonymous, just not anonymous for people who can't be bothered to understand technology.

I do agree there is an ongoing risk of people selling out and dropping the value, but that periodically happens, it's called a bear market. We just had one. We'll have another one after the next bubble. It's OK, people can sell their coins to me cheap, I'll sell them back when they are expensive.

sadly we base our investments on hope, it means taking a huge risk (which sometimes is fine when expecting a huge reward), your answer show the hope of community of these things getting resolved... well I do hope too, but if things goes wrong it will be a disappointment.