Quote:
Originally Posted by MAXUM
So what exactly is the value of bitcoin based on? How can that even be considered a real investment when what drives it's price is nothing but perception? There nothing either intrinsic and tangible backing it's "value".
That to me is Las Vegas style investing.... a total crap shoot.
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Exactly--the sales pitch is better currency, alternative to dollar, bold new future.... But really it's more similar to gold or diamonds in a less developed much more volatile market