Quote:
Originally Posted by ADY
Buffett's quote "Never invest in a business you cannot understand" is definitely something to consider if anyone is considering 'investing' in BitCoin....
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The only "investment" here -- is you hope there's a larger fool out there when you want to sell..... because otherwise there is absolutely ZERO behind any of this except that someone will pay more for whatever "it" is. It's not backed a a single thing - it apparently is up for grabs from hackers... and there's nothing behind the exchanges either apparently.
I like to make money -- but I also LOVE to actually try to be somewhat intelligent about it.