Quote from: Beliathon on June 30, 2014, 05:58:32 PM

Quote from: Cenenigo on June 29, 2014, 06:48:40 PM

The biggest problem that I see with bitcoin is that by design, it is a deflationary currency.

That's not a problem with bitcoin. On the contrary, Bitcoin's deflationary design is the SOLUTION to the deadly problem of inflationary fiat scrip.

Quote from: gbooz on June 30, 2014, 05:44:08 PM

Quote from: Cenenigo on June 29, 2014, 07:15:01 PM

Due to all of the above factors, I personally believe that bitcoin will inevitably completely implode if it doesn't fade into obscurity first.

Bitcoin is a lottery ticket for its holders.

Lottery tickets never fade into obscurity. Wink

No, bitcoin is nothing like the lottery. Lottery is - like fiat money - a scam for people who are bad at math. Bitcoin is in fact the inverse.

Also, you should use less emoticons when conversing with adults. Overusing emoticons makes you look stupid and insecure.

I am very emotional!