Not the fact that its value fluctuates so wildly ?
Not the fact that its value fluctuates so wildly ?
This does not worry me at all, since the value has been mostly fluctuating upwards. The positive risk outweights the negative.
With this card, people can invest in to bitcoin small amount each month, and they still can use their bitcoin reserves when they need.
SELL SELL SELL [2]
BUY BUY BUY [3]
[1] http://i.imgur.com/ICznv.jpg
Even if what you said were true (That bitcoin has mainly being flunctating upwards), then the people selling things in bitcoins are actually losing on the trade.
What do you think the result of that is going to be?
Goods sold in bitcoins are going to be really unstable and sellers are going to be disincetived in selling them (or they'll just charge a premium for them - making them more expensive than if you paid for them in dollars).
The point is, that a currency flunctating a lot, even if mainly upwards, is not a really good thing. From a speculator perspective, volatility is a great thing, but not for everyone else.