Posted 12 December 2013 - 09:17 AM
Posted 12 December 2013 - 09:04 AM
Interesting read fella's
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!
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.
Posted 10 December 2013 - 12:09 PM
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
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.