Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: taxcontrol

and what percetage think that bitcoins are ‘quite risky’ and ‘more than a little risky’

any idiot can look at a chart to see its ‘price’ going up and down like a yo-yo - a speculators dream scam


14 posted on 08/04/2018 12:30:09 PM PDT by elbook
[ Post Reply | Private Reply | To 3 | View Replies ]


To: elbook

Bitcoin is a currency. The yo-yo effect you are referring to is in relation to another currency - US Dollars. It can equally be said that the US Dollar is yo-yo ing compared to Bitcoin.

My point is that ANY currency carries risk because it is not backed by a product. The FOREX exchange has long been viewed as a very risky exchange relative to stock markets.


15 posted on 08/04/2018 4:07:58 PM PDT by taxcontrol
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson