Originally Posted by seeandsee

"Computer program" makes bitcoins,

then people use them and buy stuff in "bitcoin stores", then all "store owners" sell that bitcoins again to people + all computer generated coins are sold to people (number of bitcoins and value goes up). Value of coins is rising for a while.

And then everything goes down like happened already, critical mass reached (no more new buyers to cover lots of high value bitcoins in circulations) and value goes down fast because some people will sell it under value to get some cash from it.

1. sell it at low price and lose money
2. wait for bitcoins to rise again MAYBE

Where am i wrong? Share your view on this?