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Re: What could go wrong with this chit??????????? Haaaaa Huge Bitcoin correction now imminent as �Bitcoin fever� takes hold� (but long-term future still brigh

By: Zimbler0 in POPE IV | Recommend this post (0)
Wed, 24 May 17 4:34 AM | 40 view(s)
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Msg. 25872 of 47202
(This msg. is a reply to 25828 by capt_nemo)

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While Bitcoin is infinitely more honest than any central bank or government-run fiat currency system
>>


I laughed out loud at that one.
What value does bitcoin actually have?

>>>
Speculation has value, Dorfman noted. It adds to market liquidity and determines assets’ market value. Where bitcoin differs from other assets is that it does not have an underlying use. One can invest in jewelry or gold, for instance. Bitcoin, by contrast, is used to hide wealth, conceal illegal transactions and to trade in order to gain or lose value.

https://www.cryptocoinsnews.com/why-bitcoin-is-a-speculative-asset-not-a-currency/
>>>

Zim.




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The above is a reply to the following message:
What could go wrong with this chit??????????? Haaaaa Huge Bitcoin correction now imminent as “Bitcoin fever” takes hold… (but long-term future still bright for BTC)
By: capt_nemo
in POPE IV
Tue, 23 May 17 12:32 PM
Msg. 25828 of 47202

(Natural News) ANALYSIS: I'm putting out this time-sensitive alert to all our readers and fans who currently own Bitcoin. While Bitcoin is infinitely more honest than any central bank or government-run fiat currency system, it is also subject to extreme volatility and buy/sell manipulation by nefarious parties such as governments. As … [Read More...]
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http://www.naturalnews.com/2017-05-22-bitcoin-correction-now-imminent-bitcoin-fever-btc.html


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