You are holding the best hybrid of currency, commodity and store of value world has ever seen and does not know about it yet. It’s based on Mathematics… Unlike other currencies and even precious commodities it’s future supply is known, hard-coded and limited. It can not be printed by central banks, it’s value will not be affected by newly discovered mineral deposits, or manipulated by shady accounting and inflated expectations of Wall-Street firms.
In 5 to 10 years you will be able to walk into your local coffee shop, supermarket or a gas station and scan your credit-card size hardware wallet with the same ease as using your credit card today. All complexities of the protocol and difficult to understand underlying technology will be hidden behind secure, intuitive and easy to use interface.
You will be able to arrive at an Airport or a Train Station in any major city around the world without any need to carry traveler’s cheques or stack of paper bills to exchange for local currency. Bitcoin ATM will be right there, to dispense the local fiat in exchange for some Bits in your Bitcoin wallet - a minor inconvenience till Bitcoin becomes global, universally accepted currency.
I know, it’s very hard to see now days. Progress is happening on the background while we are blinded by BTC-e and Huobi charts, deafened by complaints from people seeking instant gratification, disheartened by theft, scam and incompetence in the ecosystem.
I believe one day this will change. And personally, I wouldn’t want to get caught on the wrong side of that day.
As for now I’m thankful for depressed BTC price, thankful to traders flushing out weak hands, thankful to efficient Chinese mining farms who let the rest of us, latecomers, to get in at the lower price point. I’m buying at $300, $130 or $3, and if I can buy it at 0 I will gladly take that opportunity as well.
And if you think I’m a dreamer, check again in a few years... I might be the one who is wide awake now, and you are the one still sleeping.
P.S. No offence
There are those who can see trends coming in advance...and those who chase the trends.
That is how the world works I guess.