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Topic: is bitcoin evidence of a new internet trend (Read 481 times)

member
Activity: 70
Merit: 10
Bitcoin is a necessity for the development of the human species and our ultimate evolution. It's not just a simple coin Cheesy
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
That's the problem this is really not a 'commodity' or even a 'currency'..... its a collectible that people are trying to use as a commodity and currency.

Just like any other collectible it has value and its value is based on what someone will pay for it.
I would say it is a commodity, a currency and a collectible. with bitcoin you can do anything you can do with money and more. Collect it, speculate with it, use it for purchases, whatever.
newbie
Activity: 11
Merit: 0
That's the problem this is really not a 'commodity' or even a 'currency'..... its a collectible that people are trying to use as a commodity and currency.

Just like any other collectible it has value and its value is based on what someone will pay for it.
newbie
Activity: 42
Merit: 0
What do you mean with your words "internet-based commodities"?  Do you mean the bitcoin.  I would say that the bitcoin is proven valuable.  One bitcoin is worth around $100, that's like a lot of money.

Seeing some of the problems of bitcoins with court systems and corporate policies, one could claim that new internet-based commodities are outlawed until proven valuable/defensible.
newbie
Activity: 56
Merit: 0
I don't think its a new trend, illegal goods have always been valuable. This just makes it slightly easier!
newbie
Activity: 5
Merit: 0
Seeing some of the problems of bitcoins with court systems and corporate policies, one could claim that new internet-based commodities are outlawed until proven valuable/defensible.
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