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Computer Help and Support

JayhawkSD

(3,163 posts)

6. It is all about speculation.

Reply to steve2470 (Reply #2)

Sat Mar 17, 2018, 09:19 AM

Mar 2018

The people who are "mining" the bitcoin are counting on idiots buying bitcoin at ever increasing prices in order to cash in. Those idiots are not actually buying bitcoin, they are buying the increasing price of bitcoin as a financial speculation to enrich themselves. That scheme will work until it doesn't, just like buying tulips made people rich until it didn't.

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Bitcoin: a little help here please [View all] steve2470 Mar 2018 OP

Blockchain is brilliant, but there are be better uses for it. For Bitcoin... TreasonousBastard Mar 2018 #1

yes I've seen that referenced many times steve2470 Mar 2018 #2

It is all about speculation. JayhawkSD Mar 2018 #6

yes you nailed it nt steve2470 Mar 2018 #7

Obviously you are not buying anything illegal. dawg day Mar 2018 #3

yes exactly nt steve2470 Mar 2018 #4

Privacy is temporary discntnt_irny_srcsm Mar 2018 #5

I was getting generic Latisse imported from India via a US seller. (no RX -$35 a bottle) LeftInTX Mar 2018 #8