Moz - them Bitcoin!

http://www.zerohedge.com/news/2016-10-29/bitcoin-soaring-over-10-one-week-chinese-buying-spree When last we spoke about this, we had a rare mature disagreement on here, about the intrinsic value of Bitcoin. As I remember we drew a line between a speculation and something solid with intrinsic value. The more regulations change and the more contemporary banking systems morph, the more options Bitcoin seems to provide. Bit of a financial back door. I can't help but think that there is massive intrinsic value in that. Maybe I'm looking at it all wrong. I guess my question is, does Bitcoin not blur the "line" to the point where it can no longer be regarded as being on either side? IE something totally different that requires it's own category? Something with the potential to disappear into oblivion at a moment's notice, or something that might sneak up on us and change the world. Watched The Big Short a while back, as you suggested, very good. Steve Carell stole the show. His WTF moments were brilliant.

Plum btc is far superior to fiat currency. FAR FAR superior.
I have discovered a superb way to earn btc but I want to be a little further down the line before perhaps mentioning it. 
16 million btc have now been mined since 2009 when btc started. Only 21 million will ever be mined (terminal date is 2040). btc users increasing all the time so value increases. btc is out of the system. No taxes involved. It can be traded for cash on numerous exchanges. 
My only concern for the future is will the globalists try to shut it down if they are in a position to do so. Remember Obama handed over control of the internet to the globalists in the UN end of September 2016. btc cuts out globalist bankers, transactions are not subject to tax or foreign exchange control.  
At the moment btc is trading at $706. One source suggested it might reach $1000 by year end and $4,000 by end of 2017. Not sure about that but odds are pretty strong it will increase significantly in value.
Now one does hope that lunatic warped DUD doesn't do his froth in mouth bit about this stuff shouldn't be posted here. The halfwit is such a bore. Yaaaaaawn.

Hi Beeno Currently i don't own any BCs, but i do get the feeling that it's gonna do a Google for those that do. Will probably be buying some next year and finally putting my money where my mouth is. Much more interesting that going to the casino anyway. What I'm really interested in is the way it seems to keep finding new avenues of valuable. And at what point these abstract values cease to be referred to as speculations. My understanding is that the banks have done everything in their power to slow it's growth and it was in fact the use of BC that caused the shutdown of SilkRoad...and not the drugs, hitmen or weapons the site was selling. That alone is pretty weird.

Plum, if gold is a speculation, bitcoin is a speculation.....in the currency arena, one of the more volatile markets. The Rand bought twice the number of Dollars 8 years ago. At the same time entertainers were asking to be paid in Euros, not dollars....if they kept those Euros they are now 20% lower against the Dollar. Hell if you were in Sterling before Brexit you are now 20% down....I thank my lucky stars I sold my London assets in 2013. To Quote the Dos Equis guy, 'stay thirsty my friends'.....but not too thirsty for risk returns, they cut both ways.

Ah, ok I get it.