Flies to the light

Zola.

http://www.telegraph.co.uk/investing/news/record-numbers-bitcoin-wallet-openings-transactions-ahead-futures/

Drp8713

Good luck to them.

I wouldnt buy any, its just gambling.

As a currency it is useless, too hard to spend, too volitile, not secure.

As an investment it is worthless, no earnings, no dividends, no intrensic value.

It should fall flat on its face, it may do, it may not.

20 years ago we all had Nokias, 10 years ago we all had Blackberrys, today you have Samsung or Apple.

Today its bitcoin, in 10 years my guess is there will be something similar but without the drawbacks of bitcoin.

takesyourchances

All on red or black comes to mind

System

Or tulip mania: https://en.wikipedia.org/wiki/Tulip_mania

enjoyyourshoes

The hype fuels the 'panic' which drives the price.

'The Emperor has no clothes', then we see what it is really worth.

jimjames

Funny how so many people post here that they're not investing in stock market because the levels are too high. Yet people pile in to Bitcoin when it's jumped massively. No logic to me!

TBC15

takesyourchances wrote: »

All on red or black comes to mind

More like 36 greens and a new colour called mug comes to mind.

mrwowfactor

bitcoin is a virtuous circle - the more people buy the more it is worth, so soon everyone will be bitcoin billionaires and no-one will need to work ever again.

Voyager2002

How many of you are short-selling Bitcoin?

And is there an easy way to do this? Or any other ideas for profiting from this epidemic of collective madness?

Thrugelmir

Voyager2002 wrote: »

How many of you are short-selling Bitcoin?

How many are short selling the equity markets?

dealer_wins

I think of digital currencies as buying literally nothing lol