Quote:
Originally Posted by kazbalah
Smart man. The real money is long term. I see alot of people buying / selling out very quickly and the lose. Me personally i would be waiting 5 or 10 years, i am sure the price will be ALOT higher if it keeps being used.
Currently their is only about 120k transactions per day. Thats nothing. Now lets imagine if its doing 1 million, or 10 million per day. What are the coins worth then?
Besides all that - Fuck the banks, they are a bunch of greedy bastards who are fucking the whole world up because they are greedy limp dicked fat basards who rape the third world, this will be some good competition for them.
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Wellllll.... There is a need for this technology in 70+% of the world when the unbanked are.
Bitcoin completely replaces Western union and other money transmitters.
Transaction costs are minimal.
Don't need a merchant account with a bank.
Nobody can tell you what you can or cannot do with you bitcoin!!!!