Quote:
Originally Posted by seeandsee
you work 8 hours, you made 80$.
somebody mine btc and make 8btc
then you buy 8btc from him for 80$ (just example)
so you payed with your work [80$] for 8btc he mine for free
next day can worth shit or skyrocket just based on people pusing their hard earned money $$$$$$$ into pool ...
SO YOU WANT TO TELL ME ITS SUPER CURRENCY, BUT ITS BACKED BY $ AND OTHER VALUTES, HOW DID YOU CALL THEM, A DEVALUING CURRENCY, YES GREAT JOB!
intredasting 
there is nothing great about this, to make that fucking coin have some value, you need to give real $$$$ into pool, it's fucking simple, you can mine 10000000000000 btc but if there is no people to buy it, you have shit, so what do you think, for how long they can build up around this scheme, not so long, you will see... few smart people are pumping $$$$$$$ from this true fees, trading and similar stuff, when new $$$$$ stop entering the pool, this shit will crash hard... its great now, look i made 200% roi etc. but imagine how much people lost $$$$$$ true pumping out... |
You think any new currency can be instantly injected into the world and gain wide acceptance? If i'm not mistaken, you are from EU, right? where you old enough to remember when Euros were introduced? tell me please didn't you or your parents used to convert back and forth Euros to your native currency because no one knew what the value of Euros was at that time? Once you/your parents started seeing prices in stores in Euros everywhere you got comfortable dealing with Euros without calculating every time what they worth or how much is product worth with them - you started thinking in Euros. It takes time to adjust and see them used commonly for that. Than they can live on their own without comparing with other currencies.
Of course bitcoins will be traded with and compared against dollar and other currencies. It will be happening for a long time because right now they are not widely used, but mostly traded at exchanges with other currencies by traders, like on FOREX. Today even if you receive payment in Bitcoins you will need to convert them to buy things like food or pay your rent, it doesn't mean they don't hold any value on their own even if you don't see it.