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Final gold and silver plunge coming up soon?
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Anonymous Coward |
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I would love to own bitcoin but I know nothing about it. Meanwhile I am astonished at its meteoric rise. If I bought it, it'd go to zero overnight.
Quoting: Punk-A$$ets Me too. It has been fascinating to watch. And I apologize for the mistake. Bitcoin is fetching nearly an ounce of gold, not silver. I just can't wrap my head around it. I suppose the black market aspects of Bitcoin (silk road) would be useful, assuming you have a whole mess of cash that needed to be laundered, but still. You are putting a lot of trust into a system that is an obvious ponzi scheme that is backed by nothing at all. And should the lights go out permanently your investment is worth fuck all. That being said, I wouldn't own minding a few. Any hedge is a good hedge.
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