I am not comparing #bitcoin to post-its per-se. I'm just pointing that things have value if people are willing to pay for it. What was originally dismissed as worthless, went on to be worth a fortune. Many thought bitcoins would be worthless, but those who bought early and kept them this long could also make a fortune.
On the otherhand, should there be a major hack, or a government crackdown, or proof of an intentional scam as you fear, bitcoin could instantly become worthless.
That reminds me about a story I once read about #3M. They invented this glue that was "worthless" since it only had a bit of sticking power. Then someone got the idea to make Post-It notes out of them - tiny slips of paper with "worthless" glue on the back. Companies and individuals spend a fortune on those ever year. $MMM
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Venezuela's Unpleasant Monetarist Arithmetic
Inflation at 3 million percent?! Yes, Venezuela is a sad story indeed.
An Objective Look At Bitcoin; What No One Is Giving
I am not comparing #bitcoin to post-its per-se. I'm just pointing that things have value if people are willing to pay for it. What was originally dismissed as worthless, went on to be worth a fortune. Many thought bitcoins would be worthless, but those who bought early and kept them this long could also make a fortune.
On the otherhand, should there be a major hack, or a government crackdown, or proof of an intentional scam as you fear, bitcoin could instantly become worthless.
An Objective Look At Bitcoin; What No One Is Giving
That reminds me about a story I once read about #3M. They invented this glue that was "worthless" since it only had a bit of sticking power. Then someone got the idea to make Post-It notes out of them - tiny slips of paper with "worthless" glue on the back. Companies and individuals spend a fortune on those ever year. $MMM
Zero Lessons Learned: Retail Investors Are Again Pouring Money Into Short VIX ETFs
You got that right.
Bond Bear Due For Hibernation In 2018?
If you had to bet Gary, which way do you think it will go?
Tesla Is Going To Embarrass Warren Buffett
Excellent points Spartan.
Gilead Crohn's Treatment Is Not The Solution To GLD Revenue Issues
I think $GILD will rebound. This isn't the only product they have in their pipeline.
Gold Bugs Chuffed At Volatility In Financial Markets
Jason, why do you keep posting this same comment about the Gold hotline on multiple articles and under multiple names? Seems like pure spam to me.
Intel's Kaby Lake A Non-Event For AMD RyZen
I saw the #NVIDIA #SelfDrivingCar CES demo earlier, it's pretty cool. You can see the direct link on YouTube here: https://www.youtube.com/watch?v=fmVWLr0X1Sk
$NVDA
Take Advantage Before It's Too Late: WMT, BBY, TRV, DPS, KSS And GM Going Ex-Dividend Next Week
That's the biggest signal of trouble ahead, what's the point of #dividends if the share price goes down more than the dividend?