[robertlagrant]

Er. A wire transfer like BACS? You just put in the details, click "yes, I understand this is probably a bad idea" and wait. At least in the UK.

But I'm not saying there's zero value to bitcoin's advantages. I'm saying that that in no way explains the price of bitcoin. What explains it is greater fool theory.

[kreetx]

Bitcoin's dollar value is just the amount of it in circulation divided by the people interested, the actual number value doesn't really mean anything directly (e.g if there were 100x more of it then the price would be that much less).