Quote:
Originally Posted by lewdog
I "understand" the very basics of it but the part I don't understand makes it too risky for a place I want to put my money. I understand people's reason for buying but it's still a very risk investment.
At some point Big Banks are going to want this regulated. Ain't no way those greedy bastards are going to be losing money to this shit! At which point, the price should plummet, never to see the highs again. Get in, make money and sell would be my only option but I think it's already over-valued.
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I don't disagree with you at all on the riskiness of it. I'm not advocating to go 100% cryptocurrency in anyone's portfolio, but I think people who don't have any are missing out as well.