Bitcoin Forum

Bitcoin => Press => Topic started by: neutrinox on November 23, 2013, 02:55:33 PM



Title: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: neutrinox on November 23, 2013, 02:55:33 PM
http://online.wsj.com/news/articles/SB10001424052702304607104579212101356897382

TL;DR:
Yes, but only a little and treat it as long term speculative investment.


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: n8rwJeTt8TrrLKPa55eU on November 23, 2013, 11:04:43 PM
Check out the article in the print edition!

https://i.imgur.com/8I7GEDD.jpg

https://i.imgur.com/9LiqJX2h.jpg

https://i.imgur.com/hoS4NXHh.jpg


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: BitChick on November 24, 2013, 04:54:55 AM
http://online.wsj.com/news/articles/SB10001424052702304607104579212101356897382

TL;DR:
Yes, but only a little and treat it as long term speculative investment.

Well, a "little" for some guys on Wall Street could be a huge amount to some of us!  ;D


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: neutrinox on November 24, 2013, 12:46:12 PM
@n8rwJeTt8TrrLKPa55eU
Wow, nice article! Thanks!

@Bitchick
Indeed!


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: LiteCoinGuy on November 24, 2013, 01:35:55 PM
mind-stift. this is all i say ;-)

12 month
ago it was silk road money

6 month ago it was maybe a nice experiment but stay away, its shady stuff

now they say: YOU CAN INVEST a little  :o

in the future...


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: blacksails on November 24, 2013, 01:58:23 PM
mind-stift. this is all i say ;-)

12 month
ago it was silk road money

6 month ago it was maybe a nice experiment but stay away, its shady stuff

now they say: YOU CAN INVEST a little  :o

in the future...
…BUY BUY BUY!!!!!!

To the moon!! ;D


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: kjlimo on November 24, 2013, 06:03:37 PM
Tldr: spoiler alert, the answer is YES!  Hahah

Woot!

Perhaps I will buy one of those trips to space... hahah


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: Cubic Earth on November 24, 2013, 06:18:09 PM
It's sad they have done such a disservice to their readers.  The article's mostly-good investing logic would have been just as applicable a year or two ago.  I guess there was just too much intellectual laziness and other mental fog floating around the WSJ for anyone to bother to look at what bitcoin really is.

 The readership is lucky, however, that the WSJ figured it out while the coins are still cheap.

edited for bad grammar


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: LiteCoinGuy on November 24, 2013, 06:30:27 PM
It's sad they have done such a disservice to their readers.  The article's mostly-good investing logic would have been just as applicable a year or two ago.  I guess their was just too much intellectual laziness and other mental fog floating around the WSJ for anyone to bother to look at what bitcoin really is.

 The readership is lucky, however, that the WSJ figured it out while the coins are still cheap.

agree here. i like the phrase " intellectual laziness ".


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: BTCLuke on November 24, 2013, 08:11:40 PM
Man o man, that was the WSJ!

2014 will surely be the year that all the Wall Street traders join this forum and flood us all out of here. ;)


Title: Re: 2013-11-23 WSJ: Should You Invest in Bitcoin
Post by: TraderTimm on November 24, 2013, 08:15:45 PM
The mainstream financial press won't be screaming "BUY BUY BUY" until their traps are set and ready to fleece the unwary. Once Bitcoin reaches the stage of "financial engineering", you'll see some rather scammy products oriented around Bitcoin valuation. The only benefit however, is that they can't arbitrarily dilute Bitcoin itself, only the paper they put on top of it.

I bet it is coming, and not just the Winklevoss effort or the existing Bitcoin investment funds.