Good. This so-called "money" is pure poison to the entire global financial system. The "little players" are just fools - a shame. As for the "big players"? Let them crash and burn. #bitcoin #cryptocurrency
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quoting "money" as if fiat isn't a fraudulent debt based system where the money changers dilute everyone's wealth by creating more money out of debt that the central government sells to the public in the form of bonds that pay interest at a lower rate than inflation.
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Number 1: for societies the alternative to government "debt" is often "slump" - bad. Number 2: there's nothing wrong with fiat money as long as the government behind it is trusted to be sensible. As for the alternatives? Gold is silly and bitcoin totally insane!
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The fact that you have to trust the government that is backing the fiat, is a major flaw. The good crypto's are all trustless and have a fixed rate of supply. You may prefer to have the value of your capital's purchasing power diluted but that doesn't make it superior to crypto.
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With respect, I don't really know where you're coming from, and I'm unsure where you want to go to - but, wherever it is, I'm not inclined to accompany you. Crypto is a bubble, it has no future. None.
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It's approaching a trillion dollar market cap. There's no way in hell it has a chance at vanishing. They started trading futures on bitcoin last month. This month, 23 firms have filed for ETF's. It's just getting started. won't vanish because Mr. Eddie Rayne doesn't like it.
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Crypto currency ... aka Fools Gold ... Jack and his magic beans
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Why are you promoting a now nearly irrelevant story from five days ago?
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Told you all not to invest in Bitcoin didn't I? the only smart people were the ones who bought early and sold off.
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One prime reason to NOT subscribe to WSJ: they tease you with a glimpse of an interesting article until the paywall descends.
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The Pyramid call Bitcoin is coming down. Get out before it's too late.
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What a surprise. A market in virtual currency could be virtually wiped out. Yes, that WAS pretty clever. OK, moderately.
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*facepalm* you wrote that so confidently almost like you knew what you were talking about
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I invested in Chocolate coins. Although they didn't last very long.
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Didn't help that China & Russia want their own crypto-currency to evade sanctions and detection.
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