Search results

I'm not Warren Buffett champion, but the fact that he still lives in the same house that he bought 50 years ago or had a falling out with a grandchild isn't very relevant to his Bitcoin stance.

Sorry but WB runs circles around you. He's not always right but calling him an idiot says a lot more about your intelligence than his.

You turned over almost 300,000 shares in two days and netted $100 less commissions. What did you think was going to happen?

Buffett makes the case that it's dollars in, dollars out http://video.cnbc.com/gallery/?video=3000257232 "A very fast money order" "The idea that it has some huge intrinsic value is just a joke in my view"

hahaha this site is pretty entertaining

That's pretty rich considering you and the OP have both registered in the last 7 days, yet appear to know Martinghoul's stance on Fed policy.

What a bizarre post. First you say you're just "asking yourself" a question (why ask yourself a question publicly?), then proceed to actually ask Martinghoul, if he's "evolved". I take that to mean that you think you're the enlightened one in this conversation. Then you proceed to ask...

Bill Moyers showed himself to be a true leftist in that interview. Not that there was any question about that, but it's sort of pathetic that he's been on the public dime most of his life. The vast majority of those taking part in the occupy movement had no coherency as to why they were...

Cool, so for $35 I can read that article?

Ya, I could see that definitely. Too much power and money at stake. Banks (aka credit card companies) and the US Congress has way too much vested in keeping the status quo to relinquish even a fraction of the currency market to the general public. It's not going to happen. The government...

Japan jumping into the fray.... http://www.reuters.com/article/2014/02/27/us-bitcoin-mtgox-idUSBREA1Q1YK20140227 (Reuters) - Any regulation of the bitcoin crypto-currency should involve international cooperation to avoid loopholes, Japanese vice finance minister Jiro Aichi said on...

Well I see a lot of blind optimism out of the pro BTC crowd. That usually doesn't end well. I tend to not bet against world governments.

Do you think it's better for your investing if you only hear from pro-BTC advocates?

Your or Pekelo's opinion doesn't really matter on the price and where it will end up. "Backing up" investment thoughts on speculative assets results in losses more times than wins. Also, I sense that most BTC investors are letting their political beliefs weigh far too heavily on their...

Basically she said "I don't have the authority to act, but you do". Frankly, you would rather have the Fed step in than Congress. Much cooler heads at the Fed, with less of an obsession with power.

Good point. There will be a lot of lobby money thrown at these guys over the next few years. I would expect the entire finance industry will oppose BTC, so that's a ton of money to buy votes.

Image from Mebane Faber.....

Manchin is no lightweight. He's about as middle of the road as they come too, so it's not partisan. This is the first shot in the governmental/regulatory war that will kill the digital currency markets. It threatens their power too much. 95% of the power that the US Congress holds lies in...

When has the US Government really favored innovation over regulation that keeps their strangle hold on power? You and I could probably come up with 30 examples of innovation that would be good for the US/world, that the government has regulated out of reality. NY State is nice, but they...

Like I've said in other threads, anyone that thinks the major world governments are going to give up the power that comes with their printing presses have a poor grasp on how government and politics work. 95% of what a US Congressman or Executive Branch member does is related to controlling...