BITCON... WHY its totally FLAWED

willrocks said:
IMO BTC will at least better its previous high before a pull-back. Possibly even hitting a high of $300 AUD.
Agreed. And it's getting close.

Just don't want to get greedy like last time!
 
It is better for investment in BTC than mining... Glad that I've retrieved what I've put in for the mining rig. However if I spent the money in BTC instead, I would have extra 500 BTC by now.
 
I have seen many SS stackers gradually shifted to bitcoins stacking, even "the boss" too.

I know this may sound edgy, are we talking about Bitcoins relatively to alternative 'diversification' vehicle strategy or pure profit taking in xyz period or pure greed driven?

to invest in this, is this something that you prepare to lose completely in case of things go hairy?
 
For me, this:
Lunardragon said:
pure greed driven?

And this:
Lunardragon said:
prepare to lose completely in case of things go hairy?

It's always been a bit of fun to make a little bit of cash from. I wouldn't put in the money that some people do.
I just don't have any faith in our Government to not make it illegal tomorrow.
 
Lunardragon said:
I have seen many SS stackers gradually shifted to bitcoins stacking, even "the boss" too.

I know this may sound edgy, are we talking about Bitcoins relatively to alternative 'diversification' vehicle strategy or pure profit taking in xyz period or pure greed driven?

to invest in this, is this something that you prepare to lose completely in case of things go hairy?

I've invested perhaps 5% of my net worth into BitCoin.

If it collapses, no biggy!

If it goes up 10fold - great!
 
RetardedMonkey said:
I just don't have any faith in our Government to not make it illegal tomorrow.

It's not possible unless they re-write the entire digital currency/commodity law sections, it won't be an overnight thing.

Also, man it felt good to be selling BTC at $267 today - above the previous Gox USD all time high! :cool:
 
Dynoman said:
I think Litecoin might be a good place to be right now?
Maybe.

I'm still not convinced Litecoin can stand on its own two feet, or if it'll bubble quickly after the Gox release and then die a death much like other alt currencies.

Time will tell!
 
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