Quote:
Originally Posted by baconswitchfarm
I watched the documentary on Netflix which was very detailed about Bitcoin. I can't imagine I would spend a penny on it until its backed by something or more regulated. Its like a fraud wrapped in a con built on a ponzi scheme. It is great for online wagering or drug dealing. Outside that, the only way to make money appears to be buying and hoping hucksters hype it up enough to resell to a bigger sucker. I'll pass for now.
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You could say exactly the same about each and every stock on the NYSE...buying and hoping to resell to a bigger sucker....lol