12-07-2017, 11:27 AM
(12-07-2017, 11:25 AM)Apoc Wrote: Many casual investors don't have physical bitcoin assets on their possession and it's traded electronically, so the wallet and gold analogy is pretty weak. The value is driven by speculation, not actual value, and everyone is sitting on unrealized gains. In other words, they're only worth something if you actually sell them. I have no doubt a lot of people have made a lot of money, but not by any actual increase in value (Google the difference in price and value, if interested). Do I wish I made money? Of course... but I'm not a fan of putting my money in something that is so susceptible to currency manipulation. Anyone who was pissed about the mortgage crisis and pro bitcoin had inconfrious beliefs, in my opionion.
I consider myself fairly well-versed in the English language and I had to look that one up (even though I could infer the meaning from the context)
Well played with the SAT word!
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks