There will be lots of ups and downs...At present coin value is speculative...if everyone sold their coins the value will reach zero...and this will happen with most of the coins...There is no use of the coins currently...the value is based on its potential to be used as currency...
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NONSENSE. You can buy just about anything with bitcoin today. There are tens of thousands of sellers who accept bitcoin as a payment. Go to gyft.com and you can buy gift cards for HUNDREDS of stores and PAY with BITCOIN for them.