[greg7gkb]

This isn't a case of who's right or wrong. The success of Bitcoin is entirely based on belief, which doesn't have a right or wrong answer, particularly this early in its history.

Bitcoin is successful if enough people agree to believe that it is valuable. And that's the period we're still in now: trying to determine if this thing is valuable and by how much (hence the price volatility).

[hanniabu]

I mean, that's a poor man's excuse because you can say that about anything. USD is only worth something because enough people believe it is, same with gold, same about anything worth value.