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<blockquote data-quote="TacomaJD" data-source="post: 692793" data-attributes="member: 1780"><p><strong>Re: Re: Bitcoin</strong></p><p></p><p></p><p>Pretty much my outlook. It's like something derivitive of a visionary like Elon Musk that thinks self driving cars are going to take over the market in the near future. The **** is never gonna catch on and be a widely used currency, imo. Which makes its trading frenzy very much like a Ponzi scheme. </p><p></p><p>Doesn't mean there isn't money to be made in it with the right timing and approach. But the concept of this new currency trading like hell, then it falling off and the next one like XRP or bitcoin lite (or whatever the fawk it is) taking off as the next "big one" is crazy. The concept is damn near ridiculous, and the fact that it's attracted so many investors is even more ridiculous. It's like the impulse-buy items near walmart registers for day traders. </p><p></p><p>Sent from my SM-G930V using Tapatalk</p></blockquote><p></p>
[QUOTE="TacomaJD, post: 692793, member: 1780"] [b]Re: Re: Bitcoin[/b] Pretty much my outlook. It's like something derivitive of a visionary like Elon Musk that thinks self driving cars are going to take over the market in the near future. The **** is never gonna catch on and be a widely used currency, imo. Which makes its trading frenzy very much like a Ponzi scheme. Doesn't mean there isn't money to be made in it with the right timing and approach. But the concept of this new currency trading like hell, then it falling off and the next one like XRP or bitcoin lite (or whatever the fawk it is) taking off as the next "big one" is crazy. The concept is damn near ridiculous, and the fact that it's attracted so many investors is even more ridiculous. It's like the impulse-buy items near walmart registers for day traders. Sent from my SM-G930V using Tapatalk [/QUOTE]
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