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.
It's not for me, I'm too old for these startup games. But I did mention it to my son-in-law who said he liked the idea and invested. He said even if it doesn't take off, he's not losing any money because of the credit.
I wouldn't be so quick to dismiss #Buffett's pick. Could be that he knows something we don't. He's certainly right more often than he's wrong! $TA$BRK-B
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More Thoughts On Bitcoin
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.
TaxDrop: Interview With Founder & CEO Alice Cheng
It's not for me, I'm too old for these startup games. But I did mention it to my son-in-law who said he liked the idea and invested. He said even if it doesn't take off, he's not losing any money because of the credit.
TaxDrop: Interview With Founder & CEO Alice Cheng
@[Flat Broke](user:29387), doing your own taxes builds character.
Comparison Of Systemic Risk In China, US, Eurozone: Systemic Risk Is Everywhere
Thank you Mish, I always enjoy reading your content here.
Crude Oil Gains As OPEC Plans To Extend Production Cuts
Why don't you post that article here as well? I prefer to do most of my reading on one site and I much prefer TalkMarkets to Seeking Alpha.
Investing In A Rapidly Changing Diamond Industry
Thanks for the article @[Michael Molman](user:50272), but could you provide larger charts? They are too small for my old eyes.
The Stock Market Is A Social System
Really good stuff, which we saw more by you.
Netflix’s Price Increase Signals Original Content Isn’t Enough
Thank you @[David Trainer](user:4666), those are some pretty sobering facts!
Tesla Is Going To Embarrass Warren Buffett
I wouldn't be so quick to dismiss #Buffett's pick. Could be that he knows something we don't. He's certainly right more often than he's wrong! $TA $BRK-B
New All-Time Highs In Stocks Do Not Equal Future Prosperity
Good words of wisdom.