[mrb]

"My impression of Bitcoin was that they simply price it in Yen or USD..."

No, exactly like gold, Bitcoin does have an exchange rate for each currency. Again, there is zero difference between how gold is traded and how Bitcoin is traded. It's all multiple independent exchanges, with their own asks and bids.

If, by your argument, "this is what makes gold strong", then this is what makes Bitcoin strong as well. Both are traded in the same ways. I am unsure why you think there is some difference.

[fat0wl]

Ohhhhhhhh I give up. If you think Bitcoin is the same as gold.... have a nice life.

I have a long comment history you can look through if you want to understand why I think it's a scheme. USD is strong as a currency because its stable. Bitcoin is a speculative trading platform, nothing more nothing less. There's real value in it today because a ton of people have just decided to invest in something they don't fully understand.

If you have invested in Bitcoin I understand your interest in making it seem viable.

[mrb]

I am saying they are traded in the exact same way as each other. Clearly you did not know how their trading worked so I explained.

I have traded commodities, and bitcoin, for multiple years. I know this stuff.