Thursday, July 20, 2017

Missed opportunity in buying Bitcoins

Bitcoin speculation
“I would be reluctant to hold bitcoin and other cryptocurrencies, but I acknowledge that it was a mistake not to buy bitcoin after they had dropped to around $200-300."

"In my opinion, the people that are really involved in the bitcoin market are the same people that are involved in stocks like Snap, Facebook, Amazon…they are individuals who are involved in the more speculative side of the market."

Government regulations on Bitcoin
“If they become big, it’s not ‘maybe,’ it’s ‘for sure’ the government will regulate them. As soon as something becomes profitable in the U.S., it is subject to regulation and taxation.”