Rainy, I don't have a clue about Bit coin. I merely posted what I had found that somebody thinking about buying might want to read before making a decision one way or another.
There are a couple of things that raise red flags to me, and one of them is it is no different than what our dollar is based on now, absolutely nothing.
The other is in your original post at time line 3:00 to 4:04. The originator has stashed one million coins from early in the bit coin life. They don't say how early, or what they were worth then, but if he/she were to sell them now people who are buying at todays price are screwed.
If you want to invest in sports betting, I know about that, but even that requires a stake that you are comfortable with losing if you have pissed off the gambling gods, but is quite winnable with discipline, and a few rules.
Hell I know how to bring the table odds against you down to about 1% on the crap table that will eat your lunch if you don't know, or a blackjack strategy that is as easy as sitting in 3rd base and making decisions based on only what the dealers up card is and what cards fall before you.
I know nothing about Bit coin, or the stock market because both outcomes depend on others decisions.
Challenge the message and not the messenger!
The first person to resort to name calling and personal attacks automatically loses the debate!
Personal attack is often the best indication that the writer knows his logic is flawed and therefore tries to deflect attention by attacking the opponent, instead of attacking the arguments of the opponent.
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