Anyone of you believe that people will put more money into bitcoins when they have to pay more for food and housing? Egh.
i think the hope is one day you could pay BTC for food and housing.....
So let me get this straight. You think anyone wants to buy a house with a commodity
that is known for price volatility, market manipulation and a few thousand users at best? It's not done with a few BTC-paid-for sold items, you either have to have a constant inflow of USD or a constant inflow of items. The latter will only be happening IF the fiat currencies
are going to bust and the general public will revert to trading with non-Government issued currencies with bitcoin first becoming a tool of FX and then, eventually, the tool of exchange itself. Then again... in such a doomsday scenario - who is assuring the validity of the blockchains again?
Frankly speaking, I neither see that happening nor enough confidence into bitcoins for them to make it big on its own. My hopes were high and my heart bleeds, but to me it becomes more and more obvious now that this experiment has failed, and once market valuation drops below costs of network operation it will collapse. And I say this without holding any grudge against anyone of you guys.
This being said, I wish you all Good luck. Maybe there is a small chance that bitcoins are able to maintain some value by serving as means of wealth transaction... but yeah, the rest is a bubble built on dreams rather unfit for reality.