Author

Topic: 2013-11-23 WSJ: Should You Invest in Bitcoin (Read 1952 times)

legendary
Activity: 2408
Merit: 1121
November 24, 2013, 03:15:45 PM
#11
The mainstream financial press won't be screaming "BUY BUY BUY" until their traps are set and ready to fleece the unwary. Once Bitcoin reaches the stage of "financial engineering", you'll see some rather scammy products oriented around Bitcoin valuation. The only benefit however, is that they can't arbitrarily dilute Bitcoin itself, only the paper they put on top of it.

I bet it is coming, and not just the Winklevoss effort or the existing Bitcoin investment funds.
hero member
Activity: 526
Merit: 508
My other Avatar is also Scrooge McDuck
November 24, 2013, 03:11:40 PM
#10
Man o man, that was the WSJ!

2014 will surely be the year that all the Wall Street traders join this forum and flood us all out of here. Wink
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
November 24, 2013, 01:30:27 PM
#9
It's sad they have done such a disservice to their readers.  The article's mostly-good investing logic would have been just as applicable a year or two ago.  I guess their was just too much intellectual laziness and other mental fog floating around the WSJ for anyone to bother to look at what bitcoin really is.

 The readership is lucky, however, that the WSJ figured it out while the coins are still cheap.

agree here. i like the phrase " intellectual laziness ".
legendary
Activity: 1176
Merit: 1020
November 24, 2013, 01:18:09 PM
#8
It's sad they have done such a disservice to their readers.  The article's mostly-good investing logic would have been just as applicable a year or two ago.  I guess there was just too much intellectual laziness and other mental fog floating around the WSJ for anyone to bother to look at what bitcoin really is.

 The readership is lucky, however, that the WSJ figured it out while the coins are still cheap.

edited for bad grammar
legendary
Activity: 2128
Merit: 1031
November 24, 2013, 01:03:37 PM
#7
Tldr: spoiler alert, the answer is YES!  Hahah

Woot!

Perhaps I will buy one of those trips to space... hahah
sr. member
Activity: 294
Merit: 250
November 24, 2013, 08:58:23 AM
#6
mind-stift. this is all i say ;-)

12 month
ago it was silk road money

6 month ago it was maybe a nice experiment but stay away, its shady stuff

now they say: YOU CAN INVEST a little  Shocked

in the future...
…BUY BUY BUY!!!!!!

To the moon!! Grin
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
November 24, 2013, 08:35:55 AM
#5
mind-stift. this is all i say ;-)

12 month
ago it was silk road money

6 month ago it was maybe a nice experiment but stay away, its shady stuff

now they say: YOU CAN INVEST a little  Shocked

in the future...
full member
Activity: 182
Merit: 100
1MCKW9AkWj3aopC1aPegcZEf2fYNrhUQVf
November 24, 2013, 07:46:12 AM
#4
@n8rwJeTt8TrrLKPa55eU
Wow, nice article! Thanks!

@Bitchick
Indeed!
legendary
Activity: 1148
Merit: 1001
November 23, 2013, 11:54:55 PM
#3
http://online.wsj.com/news/articles/SB10001424052702304607104579212101356897382

TL;DR:
Yes, but only a little and treat it as long term speculative investment.

Well, a "little" for some guys on Wall Street could be a huge amount to some of us!  Grin
hero member
Activity: 588
Merit: 500
November 23, 2013, 06:04:43 PM
#2
Check out the article in the print edition!





full member
Activity: 182
Merit: 100
1MCKW9AkWj3aopC1aPegcZEf2fYNrhUQVf
November 23, 2013, 09:55:33 AM
#1
http://online.wsj.com/news/articles/SB10001424052702304607104579212101356897382

TL;DR:
Yes, but only a little and treat it as long term speculative investment.
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