Quote from: cbeast on August 15, 2014, 09:03:44 PM

Quote from: btcxyzzz on August 15, 2014, 06:06:57 PM

I'm starting to be pessimistic about it all, and I even think we may not witness next Bitcoin bubble in near future... Here's why:

You made all very good points. But you forget one important thing: Cryptocurrency is a new fundamental technology. Those don't get forgotten. Somebody will do something with it. Bitcoin is philosophically the best and most useful version. There were several attempts beforehand with parts of the technology. Even our current banking system is a distant ancestor. Bitcoin has evolved to fit an important need. It will die someday as all technologies eventually become antiquated. But that time is not now.

Couldn't agree more. Interesting times ahead.