Morgan Stanley thinks bitcoin is nothing more than a poster child for speculation.Technical Support Technical support about Litecoin Core software, wallets, etc.Bitcoin Forum - Join in our biggest bitcoin community and discuss the latest trend of bitcoin and all other coins.Bitcoin, Ether Lead Digital Currency Slide. forums on ether, which could. had prompted speculation that ether would overtake bitcoin to become the.
Therefore, I just allocate a tiny percentage of my portfolio to it.INCORRECT: Bitcoin does not fit traditional valuation models, therefore it has no value.When you own companies that are profitable, those businesses grow in size.
Investing in Bitcoin to me seems closest to currency trading in a really small country that has no central bank, no military, no treaties with other countries, no citizens, no industry, no infrastructure, and no laws.Gambling is the antithesis of the Boglehead investment philosophy.Bitcoin may be the reigning prima donna of the crypto market but Morgan.
I will say that you should be really careful with those sort of funds.Just happens gold is the most popular, and why that is may simply be historic.Beyond speculation, Bitcoin is also a payment system with useful and competitive attributes that are being used by thousands of users and businesses.The only way you make money is if you sell it for more than you paid.Speculation about mining hardware, difficulty, profitability,.I still gamble on occasion, but the money comes out of my entertainment budget, not my investments.
Better to use Coinbase or their less expensive trading package GDX to buy the coins directly.We pointed out last year to the potential rise of Bitcoin and recently.Now, instead of the CPI-U being computed in dollars, it is computed in bitcoins.Basically one source in the world (Democratic Republic of Congo) and no easy alternatives.A programmer on a Bitcoin Talk forum paid another user 10,000 bitcoin to buy two Papa John.For me the distinction is that my gambling is done for emotional reasons.The current economic climate may bring traders into what is known as the wild season.All this money is pouring into cryptocurrencies but it most of it will go back to Bitcoin.
Also there are card counters who have an edge in Blackjack and manage their money to make a reliable profit.My advice is to make small transactions before larger ones to check to see if it will work properly.
Gunthy.org is the only official GunBot community. Discussion about the Bitcoin economy and Speculation about the Bitcoin Price. Discussion about the Gunty Forum.Specifically, think about the best-case scenario for someone who is betting in the long-term on bitcoin: bitcoin wins, and every item that we buy is priced in bitcoin.IMO, currencies and commodities are zero sum games (less than zero, if you take into account trading fees and such), and thus gambling.Bitcoin Speculation 33:45 This lecture covers the possible future of the Bitcoin, events that could kill the. Dr. Goss is an active forum member participating in.EDIT: Part of my faith in bitcoin comes from the people investing in it and how much they are investing.
You receive dividends which when reinvested buy you more shares.Whether bitcoin remains the top dog in a millennia is still to be determined.So the value is linked to the price that people are willing to pay for distributed computing power.Compared to that Bitcoin is a lot more accessible and can be stored securely.I especially like the underlying technology (the blockchain), and I think the blockchain will be big in the future.