Fool.co.uk articles are annoying.

[jackg]

It popped up in my phone so I thought I'd click it (on the news thing). I will quote the entire article here so that you don't up their results in Google search.

Why I'd ignore Bitcoin and buy this dirt-cheap, 7%-yielding FTSE 250 dividend stock
Why would anyone buy Bitcoin right now? Any investment of course involves the balancing of risk and reward but, as far as I’m concerned, the virtual currency simply contains too much peril to make it a sensible destination for your cash.

Discussions over regulation are picking up pace. Sure, the next important stage in Bitcoin’s journey in becoming a mainstream asset. But there remains a raft of reasons why the asset could continue to add to 2018’s painful decline, from that persistent scepticism over the underlying value of the currency, to the broad decline in market confidence that’s sapping demand for all so-called riskier assets.

Regulatory woes
Dip buyers looking to grab a bargain would be better, then, to forget about buying Bitcoin at the present time. A better contrarian buy is 888 Holdings (LSE: 888), in my opinion, a share that has fallen more than 40% in value over the past 12 months.

Like Bitcoin, concerns over regulation is a big problem for the gambling sector, and this caused 888 to slide last year. It’s a problem that will never go away, and is one that has intensified over the past few days.

To me this makes it look like they bought a lot of gambling stocks before the tighter regulations and are trying to pump them.

With any luck, these non provably fair casinos will die out and we will see a rise of smaller house edge ones.

To add to this, if this isn't what the writer is doing, he's trying to speculate so he's just bearish on Bitcoin and speculating more on gambling shares. Which are probably going to drop further based on lobbying in the UK and a few other countries.

Source: https://www.fool.co.uk/investing/2019/01/19/why-id-ignore-bitcoin-and-buy-this-dirt-cheap-7-yielding-ftse-250-dividend-stock/

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1714485176

[1Referee]

Reminds me of XRP bagholders claiming that their trash token is decentralized and the only one with a utility, while it's severely centralized, and barely anyone actually uses it for its "utility".

People who don't understand Bitcoin, don't need it, will never value it and thus discard/trash it whenever they can. If they can use Bitcoin to hype up their own garbage, they'll definitely do it, especially with how Bitcoin has taken a dip. Easy bait. We'll see who's laughing in the next few years. I'm sure that it won't be these guys.

Bitcoin generally only needs a year to do x2-x5, which mean means that in such a relatively small time frame, it will outperform pretty much every asset class in the world.

[o_e_l_e_o]

Click on the writer's name for a list of the articles he has written. He is churning out 2 or 3 a day, each one shilling one or two random stocks, with very little in the way of useful information about them. All the articles have completely click-bait headlines like "3 hot dividends stocks I'd buy" and "These 2 stocks are about to crash". He's been doing this for 5 years.

It's all for advertising and page views, to try to sell people on their paid subscriptions. This kind of nonsense can be safely ignored.

[jackg]

@leo, at least an article a day seems to be on Bitcoin.

There are a lot of random news coverages with clickbait titles that are slightly annoying. Even the bullish ones like the guy whose daughter is 2 weeks old and has a Bitcoin due to a fundraiser he advertised (he's a CEO why can't he just buy her one)... Apparently it's to put her through uni. Based on what happens a lot of the time, your parents save up for your uni fees and keep it for themselves (not bitter at all).

[o_e_l_e_o]

Based on what happens a lot of the time, your parents save up for your uni fees and keep it for themselves (not bitter at all).

Haha. There are ways round that in the fiat world - accounts you can open in your child's name, which you can pay in to but cannot withdraw from, and which automatically transfer to their control on their 18th birthday. You've just got to hope that in those 18 years you raise a smart kid who doesn't immediately empty the account and blow it all on a car or something similar.

There are some bitcoin wallets such as https://coinb.in/#newTimeLocked that allow the creation of time locked addresses, so you can't spend the coins before a certain date. Or maybe create a multi-sig wallet instruct a family friend or lawyer to only give the other key to your child on their 18th birthday?