Some guys have all the balls

Pekelo said:
...nobody accepts bitcoin or they are all horders. :)

Nah, seriously, if I were there, sure bitcoin's 10% daily volatility would be least of my worries, and over the long run BTC looks like a good preservation of capital. If you are a Venezuelan...
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even the Bundesbank is an engine of inflation.
 
I never looked into bitcoin which has clearly been a huge mistake. I never understood how much dirty money there actually is out there and bitcoin is a great resource for that. Expect it to go up even more but no guts to buy any.
 
Pekelo said:
Peter Schiff‏@PeterSchiff
"Just had a client liquidate his entire IRA to put 100% of the proceeds into Bitcoin. What are the odd this turns out to be a wise move?"
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That honestly sounds more like desperation than balls. Maybe the guy is looking at his numbers and thinking there is no way to ever get where he needs/wants to be with normal methods.

But it is probably a better chance than buying lottery tickets. :D
 
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