Quote from: lardycake on July 05, 2011, 04:51:55 PM

Quote from: Calibre on July 05, 2011, 04:44:32 PM

Quote from: lardycake on July 05, 2011, 04:39:57 PM

It's going to be stuck at ~$10 for a long time, it will be the most stable it has ever been, then slowly drop lower as people realise that the cause is dead.

When the new currency arrives it will drop to $1.

I always chuckle when I read that Bitcoin will become worthless when a new currency arrives.

Not sure if you have actually used the internet over the last 20 years, but usually when an idea comes along and it gets a decent following it isn't just copied, it's copied a LOT. It is inevitable that something Bitcoin inspired is going to come along.

So if a new currency or three comes out everyone jumps ship and abandons the current one for something that has no guarantee of return in the short or long-term?

Calibre

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