Quote from: MatTheCat on October 05, 2014, 09:00:20 PM

Quote from: sgbett on October 05, 2014, 08:06:17 PM

Not trading doesn't mean going all out! Tell me you aren't all out!?

U seem like a scientific type. U will know that in engineering projects, it usually takes a few attempts in calibrating any equipment for any project, let alone one as complex and as subject to metaphysical forces as a digital currency. How likely is it that Bitcoin was 'perfectly calibrated' from the start?

Bitcoin was never perfect from the start. Remember the bug in 2010 that allowed for network generation of 184 billion BTC? Or the unexpected hardfork of 2013? Bitcoin didn't die. Five years of continuous open-source calibration and real-world testing and it's withstood the test so far.

Looking at the bigger picture, bitcoin wasn't even the first of this type of project. Those would arguably belong to ecash and E-gold.

At the end of the day, bitcoin is still an experiment and investing in it is still a gamble.

With all things considered, it's a gamble I'm willing to put money behind because I wager that the cryptography and decentralization will overcome any short-term market movement in the greater scheme of things.