I still can't believe #bitcoin is trading at over $8000! I thought about buying at $300 but was sure it was a fad. $Bitcomp

Extremely interesting analysis of the the cryptocurrency market that looks past the typical short term price differences. Personally I believe that bitcoin and other cryptocurrencies are bubbles but that the blockchain that powers them is revolutionary. I also believe that bitcoin will surge in value as CME unveils futures and options which will lead to bitcoin ETF's. These thing will for the first time allow investors to buy bitcoin easily through trusted brokers, leading to surging demand and eventually a bigger collapse. #bitcoin #blockchain #altcoins

Don't forget the criminal element. #CryptoCurrencies have been a huge boon to them. They pump billions into #bitcoin and other cryptos since it is untraceable. $BITCOMP

People usually say something is a bubble when people who have no history and no knowledge of investing start promoting it. I think that description fits bitcoin very well. The only thing that gives bitcoin value is peoples belief in it. History shows it doesnt take much for belief to evaporate. #bitcoin

Sure, #bitcoin owners can't necessarily control what happens, but they have a rabid fan base and loyal owners which will make it hard for the value to drop long term. I'f say they are as faithful as $AAPL owner. I think that's what @[WOWCD](user:56252), was referring to.

$BITCOMP #crypocurrencies

I don't understand why people get so emotional about #bitcoin? It is an investment like any other with it's own inherent risks and upside potential. While I'm not convinced that bitcoin is the holy grail of currencies, I don't believe it will be going away any time soon. I certainly wish I had invested in it long ago. Had I, I'd be doing very well right now.

Very true, I've often warned about getting mixed in with the #bitcoin craze. At some point, governments may make it illegal or require regulations. Or hackers could potentially steal all the value. Give me good ol' gold any day. $Bitcomp

You may be hurt because of your personal investment, and want to believe that it is invincible, but investors need to know just how vulnerable #Bitcoin is and what those vulnerabilities are.

You are exactly right. As long as #bitcoin isn't regulated and can be banned by countries, it simply can't be an asset class. I'll never understand the mania around #bitcoins.

Perhaps we are moving towards a #crypto world more than the traditional gold standard. #Gold going the inverse direction of #Bitcoin?

I agree @[Martin Farrugia](user:54251), read this cautionary artticle about #bitcoin by @[Chris Skinner](user:54359): www.talkmarkets.com/.../the-truth-about-bitcoin I believe bitcoin is a dangerous fad.

There's plenty of info about #Bitcoin available on TalkMarkets and throughout the web. Shouldn't be too hard to understand it for anyone willing to read a lengthy article or two. Why do you disagree? Just like anything it life, it takes a bit of research, nothing more.

Love Altucher's work. Hoping I win a free #bitcoin.

Very cool, excited to win a free #bitcoin! $BITCOMP

#DigitalCurrencies like #Bitcoin and #Ethereum won't go away any time soon. But they'll never replace gold. People appreciate tangible assets that they can see and hold. Not a digital currency, many of which won't survive and can disappear over night, or which is susceptible to theft or hacking.

So you really think #Bitcoin's days are numbered?