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Bitcoin buyers throw good money after bad

http://www.marketwatch.com

The issue is whether Bitcoin will ever be so widely adopted that it acts like a real, stable currency. Right now, it’s more like a commodity with wild price swings on rumors, articles, anonymous chat-board postings, and well-publicized problems with theft. Most people should wait at least until those issues are resolved. Generally, however, average folks shouldn’t be making direct forays into currency trading; Bitcoin feels a bit like online investing, but it’s more like diving into foreign exchange with even less information on which to make currency calls.

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phonon's picture
Created by phonon 1 year 42 weeks ago – Made popular 1 year 41 weeks ago
Category: Agorism   Tags:
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    phonon
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