http://www.amazon.com/Memoirs-Extraordi ... +of+crowds
Wall Street set to pour money into Bitcoin (NY Times)
Re: Wall Street set to pour money into Bitcoin (NY Times)
by Winchester » Fri Dec 13, 2013 10:38 am
Suggested reading, it's free as it was written in 1841.
http://www.amazon.com/Memoirs-Extraordi ... +of+crowds
http://www.amazon.com/Memoirs-Extraordi ... +of+crowds
-
Winchester - Governor
- Posts: 5872
- Joined: Sun Aug 19, 2012 12:07 pm
- Gender:
- Has thanked: 822 times
- Been thanked: 853 times
Re: Wall Street set to pour money into Bitcoin (NY Times)
by Mr.Bill » Fri Dec 13, 2013 10:49 am
There's no doubt that right now this is nothing but a pump and dump scheme and a bubble.. I likened it to what was going on in 1999 and the .com bubble.. Lots of pump and dump going on then too.. BUT some good did come out of the .com bubble.. Maybe once this speculation lessens and people start to use it for what it's original intent was, e-commerce payments, the bitcoin volatility will calm down it can find a place as an e-commerce payment option.
- Mr.Bill
- VIP
- Posts: 3548
- Joined: Mon Aug 20, 2012 5:13 am
- Gender:
- Has thanked: 174 times
- Been thanked: 227 times
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Comrade » Fri Dec 13, 2013 10:51 am
i can't imagine having blind faith in the viability and continued value of an investment scheme. that's just setting yourself up for failure.
-
The Comrade - Vice President
- Posts: 18439
- Joined: Sun Aug 19, 2012 1:10 pm
- Location: Yugoslavia
- Gender:
- Has thanked: 1212 times
- Been thanked: 1889 times
- Political Leaning: Socialist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 11:15 am
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 11:21 am
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Re: Wall Street set to pour money into Bitcoin (NY Times)
by Stratego » Fri Dec 13, 2013 11:25 am
Why buy Bitcoin if you've got a shit load of money? Can't they create their own crypto currency? Wall Street has a bunch of physicist, mathematicians, and programmers.
Sigmund Freud defined four parts of a psyche; the id, the ego, the superego and the stratego. The Stratego being the highest form of morality and scientific thinking.
If guns are not outlawed, the in-laws will have guns.
If guns are not outlawed, the in-laws will have guns.
-
Stratego - VIP
- Posts: 3308
- Joined: Sun Aug 19, 2012 12:27 pm
- Gender:
- Has thanked: 11 times
- Been thanked: 573 times
Re: Wall Street set to pour money into Bitcoin (NY Times)
by The Dharma Bum » Fri Dec 13, 2013 11:28 am
Well, you can invest your money in stuff people don't want if you like, but I like to go about it from the other direction
-
The Dharma Bum - Vice President
- Posts: 11594
- Joined: Tue Aug 21, 2012 10:31 am
- Gender:
- Has thanked: 3285 times
- Been thanked: 617 times
- Political Leaning: Anarcho Communist
Who is online
Users browsing this forum: No registered users and 307 guests