There's always that possibility, that another coin gets wildly adopted. Look at Darkcoin these days.

But for now we aren't done with Bitcoin. Plenty of work to be done with it.

I always thought Paypal as the guy holding the money until you verify that you get what you ordered. If everything checks out, the vendor gets the money.

Yes, it's return of investment. If you invest into something, let's say, $100, RoI is the time you get your $100 back.

Its values range from the Planck's constant (instant-like) to infinity (never - you'll never get your money back).

Cryptocurrencies will be around for a long time, that's for sure, but the investment strategies of some of you are very weird.

You buy at 800/600/400 and expect to profit in the short term. That's weird. At $800 the market cap was around 10 billion. To get a measly 100% profit, the market cap would have had to double to 20 billion. That's not possible now.

I'd understand this strategy with a coin of $100,000 market cap that could easily go to $4 million, but not with something in the billions.

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Also, mining Bitcoin is a dead end. You gain much more combining GPUs and Scrypt.

It's not how much a Bitcoin is worth in USD or EUR, but how much work would you do for one (1 Bitcoin).

In the end all currency exchange (used as a verb) work for work. Web programming for electricity or food. Construct buildings for iPhones and books for kids. "Money" is a placeholder for "work".

I mined DNotes with them and had no problems. Could it be the fact that that altcoin isn't very known.

I just want to remind everyone reading this thread that money represents value. Also known as 'work'.

Let's say I want my shopping bags carried home and for me that work equates to $5. If inflation comes, the same work might be $6 - and in the end everything is 20% more 'expensive'. If deflation occurs, it might just cost me $4 - and everything gets cheaper by 20% in time.

There is an X months difference so that everything gets adjusted, and, yes, some smart people might have an advantage and get more money, but...

The point is the same work still needs to be done! If there is no work done, there isn't any money to be exchanged. Work is the real value, the cost in USD, Bitcoin or Auroracoin is arbitrary. Why arbitrary? Because for $25 you can get a TShirt and you might just feel ok with the price. But in my country for $25 you can get 5, up to 10 - the same TShirts.

Another example: A resident starting doctor is paid, what? $2000 USD? Maybe more. Maybe a cleaning lady is paid that amount since I read that the minimum wage is the US is about that amount. But here he is paid about $300. Same work, same responsability.

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I also read that a non-inflationary coin is bad for loaning. Since you can't have a positive what do you call it? Commision, rate? So if you have 1 000 coins and you loan somebody 1 000 at a rate of 1%, he must pay back 1010, but there are only 1 000 coins in total.

Well, that's not a problem since with your money he does more work and thus the value of the coin is increased. So with 0% interest (THAT's what's it called!) those 1 000 coins have much more value. At first with 1 you could buy a stoopid iPhone, but after the loans gets repaid you can buy 2. Or 1.5 or some other more than 1 value. Q.e.d.