Posted by: James madison June 26, 2017
BITCOIN and other Cryptocurrencies
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I dont understand why would anybody put money in bitcoin,litcoin, and ether at this end of the game even if lets assume this is the future of payment system. First of all, bitcoin is no good here in US coz banks are already a step ahead of digital currency since we have paypal, apple pay, and even banks are catching up. Secondly, lets assume crypto can be a game changer for other countries whose financial system is not so stable,it might help but then every credit card companies and banks have already gone digital. Lets think for a min that the world is so global that crypto is the answer but then again, the price volatility and the recent quick dump would really make me skeptics to put my money in something like this. I like to invest and make money but there are 100 different ways to do that, and I am not in a quick route or shortcut for that. SOme of you might have got lucky with bitcoin since you were talking about this but trust me that must have been a pure stroke of luck for you. If you put 20 ether @ 350 and you expect it to rise at 3000 just like bitcoin then you must special kind of stupid. It will surely we around for a while, but then again there are numerous risk involve in this, and to educate these old bees is difficult and my two cents cash always rules. I saw bitcoin from 300 t0 3000 just in matter of months but then this is how people jump into bandwagon and get fucked. Seriouly how come you guys have that much money to take shortcut and make money. Do you need more reasons cause i have a lot. I know all this is pump is coming from Asia but you know hongkong, india, but this will fade away. Who got 4 years ago might have made a right move but this is more guess work. There is no facts, or evidence invest in it beside the bandwagon jump. Makes sense, thank me later.


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