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Author Topic: MSN : bitcoin is like gold, a bubble  (Read 991 times)
the founder (OP)
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April 23, 2013, 02:39:48 PM
 #1

http://money.msn.com/top-stocks/post.aspx?post=787c4dd0-82ae-4ecd-ab5c-58b463afb2de

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April 23, 2013, 02:45:59 PM
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The only true currency that will protect your family should the world fall into chaos is bullets, it is also a great investment, the price is likely to rise as totalitarian governments aim to eradicate large quantities of it and natural resources are exhausted together with inevitable wars and a human population that grows exponentially....

But believe what you want, we'll see if I will be willing to trade a .22 for your gold bar once/if shit hits the fan, it will be the most expensive caliber by then. Buttcoins paper and gold will be used as an irritating form of toilet paper by then.
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April 23, 2013, 02:46:39 PM
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yet another non-researched article. Roll Eyes
TTBit
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April 23, 2013, 02:57:44 PM
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In a nutshell: Everyone rushed out of gold and into US dollars, just like everyone rushed out of bitcoin and into US dollars a few weeks ago.

But he doesn't address: What happens when people rush out of US dollars? He is naive to think that can't happen, it is his anchor. Most of the world thinks like this, but for how much longer?

good judgment comes from experience, and experience comes from bad judgment
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April 23, 2013, 03:00:08 PM
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Bitcoin is a bubble, invest in water, in a few centuries your sons will thank you.

English <-> Brazilian Portuguese translations
Peter Lambert
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April 23, 2013, 03:01:20 PM
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yet another non-researched article. Roll Eyes

I don't think he even tried to get data. There are better researched articles in the speculation forum here with titles like "SELL SELL SELL". How does this count as press? It seems more like the mad ramblings of a bored college student.

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