Quote:
Originally Posted by nfotiu
I'm having a really hard time seeing what is stopping them from falling down to near zero. It must be about 90% a speculators market by now. Seems the only thing someone would really need bitcoins for is to buy black market goods or services. I can't see where else the built in value is. It is way too volatile to park money in or really even to hide money. It just seems like it is a pure game of chance at this point.
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Perhaps you should do more research (or even some more reading within this thread). I think you've been missed the entire conceptual argument. Here's one of the best reads on it:
http://www.cryptocoinsnews.com/2013/...ue-overvalued/