Quote:
Originally Posted by Carl Johnson
you make it sound like bitcoin actually has a future, which is a pretty dangerous assumption. even if bitcoin can stay as a online "currency" it won't be anything like what it is today after governments catches on and start writing out regulations. i doubt CRA and IRS will let any transaction goes through without getting their cut in it.
putting my investor hat on, i would say definitely fad this bitcoin move. the 4 most dangerous words in investing are: This time is different. and i've seen plenty of that coming out of bitcoin bull.
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It's not so much an assumption as it is considering the best case scenario. If I were to assume it would fail, I would have sold at $1000 or whatever. I'm not in it to make a quick buck, I am in it because I believe in the system, and it is part of several things that are going to change in our lifetime (hopefully)