Is there anywhere that actually tracks where bitcoins are used in teal transactions for real goods. If no one actually buys anything with them then I think a bubble is highly probable. The other issue / benefit is that they are a deflationary currancy. This means it is never wise to spend them because they keep increasing in scarcity given there is a finite end to them.
So I see bitcoins as a highly volitile bubble with no real future value but if you like gambling timing the bubble right could be very profitable.
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