“I’ve written about Bitcoins quite a bit in the past year here on Marketwatch’s The Cody Word, and you can see my evolution from skeptic to buyer. Maybe I’m nuts, but if you’d moved like I did to put 1% of your portfolio into BitCoin when I first suggested doing so, you’d already have more than a triple on your hands. I am long BitCoins and I feel a bit nutty even admitting that much. On the other hand, it makes me sad that I know lots of middle-class folks here in my hometown who speculated on Iraqi dinars but NOBODY here has caught this huge move from $BITCOIN speculation. Sigh.”
http://blogs.marketwatch.com/cody/2013/11/12/everything-you-need-to-know-about-bitcoin/
Related posts:
The Worst Investment Advice I’ve Ever Heard
The Real Reason to Welcome Secession
London Tube strike: Sack the drivers, and roll out the robots
Trump Travel Bans, Then And Now
Bill Bonner: Are We Approaching a “Second Coming” For Gold?
Leaping to Conclusions
All I’ll Say About Treyvon Martin
Obama Denies Domestic Spying But He’s Wrong
Judge Napolitano: FBI Fake Terror Plot History
Bill Bonner: Aiming for Aristotle’s Head
Bill Bonner: Can a credit system last in the modern world?
Pepe Escobar: Vlad the Hammer vs Obama the Wimp
Pakistan: Geopolitical conundrum
Bill Bonner: Sell the House, Sell the Car, Sell the Kids…
Jim Rogers on Politics, Money Metals and How to Deal With an Endless Downturn