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I think a lot of people are but I also think that's probably wrong, The power of block chain is as a means of recording transactions not as a currency.
If you want a long term investment I think people should be looking for the companies that are going to be able to develop it, get it past govt...
This, people are betting on the coins they think will become mainstream and overcome the problems.
Personnally I think most people don't actually know what it is there buying hence the crazy prices.
Its just doing what the markets have always done, the names will change but it will come back, there's value in the technology behind it.
"Joe Kennedy (1929) , a famous rich guy in his day, exited the stock market in timely fashion after a shoeshine boy gave him some stock tips. He figured that...
Definitely ethereum and litecoin but I bet most well known ones will be accepted soon if they aren’t already.
The coins are just different brands of effectively the same thing. There potential value is in the block chain technology not as payment methods.
Steve M is right most of the current...
Oh yeah it’s like anything tho it’s fine when prices are going up but soon as they go down a lot of people don’t have the nerve to stick it out. It will only takes a few of those 1000 to sell and they all will.
Hodlers always baffle me, loads never seem to actually sell the investment even when...
Once the hype disappears and the price starts going down people will get nervous and sell and it will snowball from there until it becomes cheap enough that people start buying again, markets are all the same.
Well its not an exact comparison since Bitcoin is kind of its own thing but it does closely resemble gold.
There is a limited supply of both so its rare,
They are also both mediums of exchange and decentralised.
The main difference is as you say that gold is still physical and would exist even...
I feel sorry for the family of the kids that got killed one was only 12.
The adults tho looked like a right pair of objects so are somewhat more deserving.
There not amazing in the cold in fairness mines been sliding around a fair amount recently.
Once it warms up a few degree you will find them much better.