Bitcoin will fall
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Where? Point it out.
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Off Topic Bitcoin will fallWhere? Point it out.
Yea, their value decreases temporarily, but over a longer period of time their value will always be increasing, it's the way things work. Every thing increases with value as it gets rarer, and when everyone sells and the value drops, people start buying the coins again at this lower price. 
DannyDeth: But then the same thing can be said about stocks and pretty much everything. palomino has writtenWhere? Point it out.
Everywhere, dude. You don't know economics - even the very basics. Why discussing then? Please, read my 2nd and 3rd posts - they are very informative for you to understand the way it works.
oxytamine has written palomino has writtenWhere? Point it out.
Everywhere, dude. You don't know economics - even the very basics. Why discussing then? Please, read my 2nd and 3rd posts - they are very informative for you to understand the way it works.
So, instead of telling me what my mistake is you just tell me I don't know economics and refuse to point out the exact mistakes. Everything you've written is just a lot of talk but not the point. You don't seem to realize that bitcoins are NOT actually a currency, but instead resemble stocks. Something people gamble on.
palomino has writtenYou don't seem to realize that bitcoins are NOT actually a currency, but instead resemble stocks. Something people gamble on.
Anything you can exchange is currency, my dear friend.
oxytamine: Then everything in this world is currency, even people (people trafficking). Your logic is flawed. From Wikipedia - a currency in the most specific use of the word refers to money in any form when in actual use or circulation, as a medium of exchange, especially circulating paper money.
SD: Bitcoins aren't really in any "actual use or circulation" as the only thing that's bought with them are drugs on silkroad. It can't be defined as currency for a normal human.I was right however. Bitcoin did fall. In price.
SD: Did I say it will never rise?