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A comment on Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose Millions. Parent comment

Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by Erlich_Bachman on Thursday May 24, 2018 @03:20AM (#17141761)
You seem to assume that the greatest feat of Bitcoin is it's price. Yes, sure the price might be affected (somewhat) by how exchanges operate and media covers. However, many people don't care too much about the monetary price, and play the long game. In the long run, the market always adjusts. In in the end, it is the same with any other commodity or currency.
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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by bitreality on Thursday May 24, 2018 @06:31AM (#17142670)
Mr. Bachman, with all due respect, I would argue that the majority of people proclaiming they don't care about the price are bluffing. Perhaps even bluffing themselves. Bitcoin's price increase has far outpaced its adoption or disruption of the financial system.
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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by Nursie on Thursday May 24, 2018 @06:48AM (#17142756)
What game are you playing if you don't care about the price?
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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by radisb on Thursday May 24, 2018 @07:13AM (#17142880)
Do you care about the price of 1 dollar? "In what?" you will ask. "Exactly. In what?" I will respond.
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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by kgwgk on Thursday May 24, 2018 @08:08AM (#17143158)
Everyone who decides whether to keep their dollars instead of spending/investing them (or even to borrow and be short dollars), do care about the future value of one dollar.
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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by freeone3000 on Thursday May 24, 2018 @12:34PM (#17145696)
In loaves of bread, in liters of milk, in months of rent, gigabytes of internet, square feet of land, kilowatts of electricity; in i7s and shitty steam games and iPhones. I care about the price of 1 dollar in the labor I put in, and the goods I get out.
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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by radisb on Thursday May 31, 2018 @09:33AM (#17196137)
Exactly. This is what I wish for bitcoin. I dont know if it will ever be true though.
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Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M... by Nursie on Thursday May 24, 2018 @10:07AM (#17144087)
That's not an answer. The poster claimed not to care about price, but to be playing the long game.

I'm asking what the long game is? You haven't helped.

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