Bitcoin
Started by
gamma
, Dec 09 2013 10:34 PM
26 replies to this topic
#22
Snippit
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Anti-deluvian
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Posted 18 June 2018 - 11:53 AM
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#23
HendrikB
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Posted 12 December 2013 - 09:17 AM
I cant blame people buying into Bitcoin. Who has confidence in the Dollar and Euro these days? Lets see how it plays out. If institutions start to accept the Bitcoin as a recognized form of payment it could be a game changer.
#24
ThatBlackGuy
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Posted 12 December 2013 - 09:04 AM
Interesting read fella's
http://www.economist...2013/12/bitcoin
I believe something like this will take off someday.... but from an investment perspective, picking winners and losers is a lottery here.
Who will eventually get the right formula and enough take up to make it commercially viable? Your guess is as good as mine.... but like most ground-breaking moves on the internet, we know its coming, but we won't know which horse to get on until they've all bolted.
Gamblers can play, investors stay away!!!
Yes, I will take your money! 
#25
Aragorn
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Posted 11 December 2013 - 10:07 AM
The big advantage of Bitcoin as "stateless money" is that when it collapses, the government won't have to bail it out.
Not idly do the leaves of Lorien fall.
#26
Jonny
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Posted 10 December 2013 - 12:09 PM
For sure...
It seems to have all the characteristics of a classic bubble. There is no way in measuring how much it is worth. You also now getting the people that are able to "predict" it and believe they will be able to "get out" in time if it all goes south. Craziness
Gamma, did you try selling him some tulips while you were at it?
My posts are my opinion and shouldn't be seen as investment advise from me or the view of the organisation I work for.
Do your own research before engaging in trades/investments 
#27
gamma
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Sage
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Posted 09 December 2013 - 10:34 PM
Today, someone asked me whether it was worth 'investing' in Bitcoin.
Felt like hitting them over the head and taking their cash. Figured it might at least save them some time..
It's true that saying..there's a sucker born every minute.
Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.
