$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?
You know the problem? That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.
The way I see things we're gonna end with a highly valuable bitcoin that nobody uses but it is worth millions because of the things it CAN do.
A currency not used is essentially a useless currency - at least when one considers what BTC is about.
Anyway, with the (current) 100,000,000 bits per BTC, it doesn't require many to be in circulation for it to be effective. We have near infinite divisibility (can increase) of each of the 11 million BTC units (not infinitely printable like current central banks and Quantitative easing - yuck! Think about that... Use it or lose it I would say though. It should not be about hoarding. We are early on in the movement though so things will change here as we go forward. Further the mentality of the average BTC user is not about power and fame. This is a morally found movement about change. Don't cheapen the argument here.
We are taking part in the largest social experiment in our history. And you know the answer? eheeh, come on... We are all sitting in the front row and watching with our eyes wide open...
