Quote from: JackTheShipper on November 18, 2014, 10:32:07 PM

Exactly, so many people saying oh this project will fail or that project will be a huge succes it's so obvious etc.

But honestly, if it's so obvious why would they state it? Who wants to actively be captain obvious all the time?
If it's not so obvious and they are stating it, than they are just guessing, to what end who knows (personal gain/investment or perhaps just so they could say "I was right" if they do turn out to be right) but even then, saying something that is like 50% likely to happen and then it happens doesn't make you smart/clever/able to look ahead. It just means you won one specific coinflip, yet again, your speculations aren't valued by anyone, so I don't know why these people post stuff like that all the time. It's predominant on this forum however and the main reason why I don't post more, too much junk posts to go trough.

I agree. This stuff could flop or it could be the most disruptive thing in society since the invention of the steam-engine. If it flops it'll just be the same old story we've seen with many coins. Could happen but, yeah, yawn, boring.

The potential however, that's worth discussing. I'm not talking about it's price or it's market cap. I'm talking about the way people will start using this. The online community is still very infantile in the way it trades it's goods and services. Yet at the same time more people's livelihood depend on it. Most of our economy will eventually be about strangers doing business with other strangers online. There's no adequate infrastructure for this yet. It's messy and people on both ends are constantly getting screwed over.

Bitbay may (or may not) become the foundation for this. -I still believe Blackcoin has a better chance but that aside-. If we're going to take that direction then I truly believe that we haven't even scraped the surface of what may be possible. People talk about gambling but that's frivolous nonsense compared to how this may facilitated freelancers, copywriters, traders and consultants. We haven't even broached the subject of automating smart-contracts or figuring out in what templates can be deviced to suit different needs.

Bitbay is still a white canvas, let's not waste it by just scribbling satoshi predictions on it.