keep the magazine it will be worth in the future maybe more than 0.2 BTC
Zero percent chance. You think @ $250,000 per
BTC that this magazine will be worth $50,000? Doubt it.
Everything is heading towards zero in Bitcoin terms. It will be worth less than 0.01
BTC eventually.
Comparing future price predictions to current sales prices isn't truly a valid correlation. Otherwise the guy who bought pizza for 10K Bitcoins would have probably already gone insane. Instead, he said he was happy that it helped the network.
That would be like going back through past transactional history on the forum and being like "dang you paid 1 BTC for that in 2013! What!"
I am with both of you guys on this one, but it must be noted that without people buying things with bitcoin, bitcoin would not be as robust and strong a currency/value network ecosystem today.
BTCOVERFIATS is correct in saying that everything relative to bitcoin will be near zero, as we continue to see bitcoin eat the outstanding world total assets by total volume. Hopefully we all know that bitcoin is better money than fiat and better crypto then the other 1000 worthless shitcoins.
The bitcoiner error in reasoning is thinking that the value of bitcoin will just continue to go up regardless of the development of productive cyber-economies or productivity networks. Unless a monetary unit is backed with productivity, the monetary unit will experience "Inflation". This can be seen hundreds of time throughout history where state actors or private banks issue money without the necessary productivity backing the money leading to debasement of the currency.
The game theoretics of bitcoin reward both the hodler and the market-marker (spender). The spender adds productivity and trade to the bitcoin network. The hodler holds onto the cyber currency and prevents it from hitting the market to be sold. Both of these actions increase the network robustness and integrity of the network.
