Bitcoin Forum

I have "invested" [apologies to micura mpoe] in several BTC securities. long story short; I felling REALLY insecure right now.

my question is; can anyone prove even ONE of these dreamers to be actually worth what they say they are?

Or am I simply mad?

it is stupid to give bitcoins to anyone else, but you, before the price is more than a million dollars.

but then what? after a million?

bitcoin "securities" is a bit of a misnomer, and I would lean towards using the term "charitable donation" rather than "investment"..As far as I remember it's almost always been that way. The market is roughly comprised of: fraudsters to varying degrees/ incompetents / dreamers n other such snake oil salesmen wanting to collect as much as possible, as quickly as possible. tens of millions of dollars have been conned already and of course you can expect more in future. There are a a small side helping of few genuinely ambitious and legitimate operations popping up every so often, but these are few and far between.

Maybe the wind changes in the future & you'll come across a diamond in the dust that earns you a little chunk, but for now I would simply remember we are dealing with a unregulated market, trading a non-reversible, rapidly fluctiating, asset, which is prime to appreciate. it's wild west, open season for all the HYIP pushers, sociopaths and dirty used car salesmen..once your press that send button you better understand you can't call up anyone to 'chargeback' or file a complaint...hold your coins in your own possession if you are a fan of gaining profit rather than losing

the few legitimate operations are all undermined by the issuer's incompetence

or an NDA ;)

"insecurities" is more apt

having said that. asicminer has more than rewarded it's IPO shares

+1

to sum it up quickly, they're all scams and a waste of money.

There has been a lot of money made on on all types of securities in bitcoin. However for the most part most of the good companies are done. As of right now probably the only one that makes any sense is the ASICminer that you can get in because of the low buy in price. I am trying to get some of my money back but it is hard. I have lost a lot of coins in the litecoin/bitcoin stock markets, but I have also cut my teeth on investing with them both. Now I am trading real stock also and actually making money. I was at one point up 50 bitcoins on ASICminer stock and now I am down. Too bad for me. However I still believe in the company and I will hold because I know they will have some good things coming soon. Good luck and use your gut feeling.Disclaimer.. I am a current owner of ASICminer stock.

"Micura" sounds like some sort of Godzilla villain.  :D If you're gonna invoke Mr. P (http://trilema.com/category/bitcoin/), at least get his name right.

Anyway, so long as you do your reading (https://bitcointalk.org/index.php?topic=106391.0), ensure that you've understood it, and act accordingly, you stand to avoid the majority of scams floating around here, now and in the future.

As for what things are and what they're worth: