Quote from: neurotypical on March 13, 2015, 12:39:17 AM

Quote from: maku on March 12, 2015, 11:52:59 PM

Op. It seems that your general idea is just to use bitcoin on daily basis and I can agree with you. The problem of this solution is however volatile bitcoin nature. As you may know not that long ago bitcoin price was just about around $200 now we are almost at $300. For many people who remember 'old' higer bitcoin price this is unacceptable to spend bitcoin now.

Thats why I treat bitcoin like gold and I wouldn't go around doing groceries and having a cup of coffe paying with gold. I'll let these damn whales do the spending for now, when the price stabilizes at 100K i'll do some shopping.

I was mining them when they were $5. I 'wasted' what would now be a fortune on computer games and random gadgets. I watched the price jump in April 13 and again in Dec 13. I watched it drop, drop and drop some more.

It's not going back to $1000 anytime soon IMO. I've seen all sorts of random predictions and TA theories that never panned out in this sub.

I've got a few stashed, and I've bought some to spend just to actually participate in the great bitcoin 'experiment' (holding is boring, and I needed a new RasPi)

If we're in the long tail and it gradually falls to $0.00 then at least I've had something out of it (I could have had more, or I could have had zero)

If we're experiencing the beginning of an organic growth period where we see a steady increase in value then I also win.

If there's something you want to buy, consider paying with bitcoin. Either buy BTC specifically for the purchase, or use your holdings and put it back later.
It might end up costing you a faction more or less than a cash purchase, but at least you'll have used it for something. 5 years from now you can joke about how you 'wasted' BTC on some pointless purchase, just like the 10,000 BTC pizza in 2010.

steveme

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