Only doubters do and drive btc economy, so that believers can be more wealthy. Seems true since day 1.
Interesting meme - I had 40+
BTC a while ago, earned relatively easily with Nvidia graphics cards (I know). I, um, invested them in BFL futures, which is to say I made a first-month order of BFL ASICs.
May dragons browse on their ancestors' graves.
Where were we?... Oh, yeah, I didn't doubt the
BTC economy at all, nor do I now. I just made a bad decision.
Even if you got your stuff late, you should still be doing pretty good.
I only started in late april/may, bought 2 graphics cards, plus my 2 older Nvidia cards. I just totaled up the earnings with just the graphics cards, before I turned them off, when I got block erupters.
The graphics cards generated about 1.5 btc starting in late april. And I did hold on to the BTC. So, they made ROI.
The block erupters that I bought, by the numbers, generated .6 BTC, so, they paid for themselves.
I'm sure I could have made more BTC, had I gotten into the game MUCH earlier, but I figure if I made ROI, lots of other people did too. Gratz to them.
Sorry, did not mean to hijack the thread with ROI discussion.
Back to the spending topic. I disagree, you cannot take it with you. And, if BTC did not probagate by being spent, there would be no network, no need for miners to check blocks, and no BTC adoption by merchants.
So, real believers actually DO spend coin, and promote other people to use them and spend them. Spending breeds acceptance, and thus higher price, higher confidence and over time, more convenience of use.
I think the OP is wrong, at least in my view.
