Bitcoin Virtual Currency Is on Verge of Collapse

Skip Intro2/26/2014 10:14:50 am PST

re: #6 No Country For Old Haters

In Bitcoin. Any time you can buy low and sell high it’s an opportunity, and this cycle has repeated several times.

I think BTC should fail and be replaced with crypto currencies with no windfall for early participants, but I can see that profit can be made in a market that has been pretty predictable for ages.

I guess the trick is to make sure the entity holding your “coins” doesn’t go belly up. All of those people who lost their $300 million aren’t getting much out of the bitcoin bounce.