That is interesting. And you've been so critical of bitcoin
Really? I don't feel I've been critical of BTC. I love the hell out of BTC.
My apologies. Got you mixed up with mysteryminer on whose thread you commented extensively in favor of bitcoin. :-)
Ok, phew. I was thinking that I must be really bad a writing if I come across as anti-bitcoin
I really really like Bitcoin (and more generally the idea of p2p crypto-currencies) as evidenced by more than a year of being almost non-stop interested in it. This duration of interest is unusual for me. My tone is often probably mis-interpreted as negative toward Bitcoin but in reality, in my mind at least, it is doing someone/something more of a favor to call attention to weaknesses and dis-advantages than to stay mum about them. In most cases. I did moderate my critiques during the one time when I felt that Bitcoin may have been on the ropes.
I like Bitcoin much more than gold in fact, but I feel that each have their niche and it is unwise to ignore the respective strengths and weaknesses of the two, particularly in today's economic and political climates. Today's very welcome super-$8/BTC and significant recent out-performance of gold is no surprise to me. I consider BTC to be much more volatile (and could fall off just as easily.) Bitcoin will really start to impress me at around $100-ish/BTC, but I expect that the marker will be associated with many hassles of various types which I won't have to worry about with PM's.
