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Title: Saving these days is like scooping a leak boat Post by: Erdogan on April 04, 2014, 07:21:35 AM http://www.homeintheearth.com/wp-content/uploads/2012/07/LeakyBoat.jpeg
Saving, these days, is like scooping a leak boat, because of you know. Enter quality money. Title: Re: Saving these days is like scooping a leak boat Post by: atp1916 on April 04, 2014, 03:39:34 PM Actually, the second line of this post makes a good point:
The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering. The first line (and title), i don't know about. ;D Title: Re: Saving these days is like scooping a leak boat Post by: bananaControl on April 04, 2014, 05:52:23 PM The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering. Judging from the first part of your sentence I presume you are talking about the price of bitcoin, and not investments in the surrounding technology, right? If so, don't you think that the big guys will be just as speculative if not even more? I'm very afraid bitcoin will become nothing but the new pump and dump scheme of Wall Street :( Title: Re: Saving these days is like scooping a leak boat Post by: atp1916 on April 04, 2014, 05:56:43 PM The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering. Judging from the first part of your sentence I presume you are talking about the price of bitcoin, and not investments in the surrounding technology, right? If so, don't you think that the big guys will be just as speculative if not even more? I'm very afraid bitcoin will become nothing but the new pump and dump scheme of Wall Street :( That is a nasty potential. I have not thought that one through, to be honest. Title: Re: Saving these days is like scooping a leak boat Post by: bananaControl on April 04, 2014, 06:06:01 PM That is a nasty potential. I have not thought that one through, to be honest. Nasty indeed. And it seems like most people haven't either, they are too busy looking for the next ride to the moon to see it or care. I always hoped that bitcoin would gain mainstream adoption BEFORE the big guys moved in. Lets just hope that some of the capital going into the infrastructure can up the usability of bitcoin and balance out the more "speculative investments" a bit :-\ Title: Re: Saving these days is like scooping a leak boat Post by: gentlemand on April 04, 2014, 07:02:41 PM The powers that be would be delighted for Bitcoin to become digital gold. An avalanche of money to be made and no real threat to the dollar. I wouldn't be too shocked if there was a concerted effort to steer it that way.
Title: Re: Saving these days is like scooping a leak boat Post by: paulsonnumismatics on April 04, 2014, 11:09:21 PM The speculation/bleed-you-dry money has finally been pushed out, and the institutional capital necessary to grow the technology is finally entering. THIS. Title: Re: Saving these days is like scooping a leak boat Post by: Erdogan on April 05, 2014, 04:53:31 AM The powers that be would be delighted for Bitcoin to become digital gold. An avalanche of money to be made and no real threat to the dollar. I wouldn't be too shocked if there was a concerted effort to steer it that way. You can hope. See the holes in that boat? There goes the value of your money in your pockets, and the powers that be are those who pilfer it. Title: Re: Saving these days is like scooping a leak boat Post by: johnytelevision on April 07, 2014, 02:25:05 PM I don't think saving is such a bad idea. But i never saved more then 5k :P
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