Quote from: highlevelminer on April 17, 2012, 08:23:07 PM

Besides the bitcoin more than likely will be profitable in the long run especially seeing as how the endurance of the currency is implied by the very algorithm that runs it.

the algorithm doesn't imply anything other than the technical merit. profitability has nothing to do directly with the technical details of bitcoin. the algorithm enables the things that give bitcoin its value, specifically the security to allow it to be used as a value transfer mechanism, but its the actual use that gives it its value.

you want bitcoin to be worth more? spend your bitcoins on products and services. ironic i know, but there you go.