[BEEB]

Originally Posted by Ulic Qel-Droma

ok, i see where you're coming from.

you just want to use it as a tool to purchase things like a form of currency.

but then what about "actual/real" currencies. like the canadian dollar or whatever.

if you look at CAD/USD or YEN/USD, cad and yen have been declining (yen for a lot longer). trillions of these dollars have been used to purchase goods and services. and trillions of these dollars have also been made by betting on the short side.

people use these currencies everyday like the way you want bitcoin to be used.

but, still people play these things for their up and downs to make money, because the currency themselves, have become commodities when vs another currency.

don't just look at stocks.

look at grains, cattle, forex... and other commodities. they aren't just "stock fodder".... they're used as real things everyday. yet they're traded for profit/loss everyday too.

i don't have a conclusion for this post, but i'm just showing you that, it doesn't matter "what" it is, as long as it's traded, prices will fluctuate based on supply/demand and because of human interaction, you can chart patterns.

it's not that bitcoin is nothing but a "stock fodder"... it's a currency AND a "stock fodder"... like anything else. it's whatever it is, AND a trading tool.

whether it be stock in google, gold, cattle, or your old comics.

i believe that if you want bitcoin to succeed, you will need these people playing it as "stock fodder" because it adds volume and demand to the product. it adds value and "use". you can bet if traders and pro btc believers somehow push it to 2000, demand will be even higher than it is now and even more people will adopt it.

note: btw, i have never traded a single stock in my life. I've only ever traded commodities/futures. I don't trade stocks because under risk management rules, i believe stocks are a lot riskier based on the fact that a lot of stocks rely on single entities such as the CEO to perform well, also the fact that stocks have a high insider %... and I am not an insider on any stock so that is an advantage opponents have against me. and in a zero sum game, that's a very unfair advantage. therefore i choose not to trade equities.

Do u think the fundamental has changed? ie, regulatory clampdown, legal issues, banking issues, etc.