Re:How to Get Started with Bitcoins
by Groxx on Sunday December 12, 2010 @06:30PM
(#1998476)
Their low cash-value is probably almost wholly due the difficulty in getting cash for them.
Deflation of bitcoins can effectively be infinite, but should slow significantly if/when a significant amount of people get in on it and start using them.
Re:How to Get Started with Bitcoins
by derefr on Sunday December 12, 2010 @06:47PM
(#1998528)
I think it would be enough to jumpstart the process if one service that already reliably trades virtual currency for money (say, EVE) were to start accepting bitcoins for the purchase of said virtual currency.
Re:How to Get Started with Bitcoins
by unoti on Sunday December 12, 2010 @08:22PM
(#1998790)
Absolutely true. Which won't happen until the developers of a game such as Eve can use bitcoins for buying something more than phone cards and online poker chips. Developers need to eat.
Deflation of bitcoins can effectively be infinite, but should slow significantly if/when a significant amount of people get in on it and start using them.