Erdogan
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January 21, 2015, 05:29:14 PM

You don't have understand technology to understand why a currency capped at 21M with half already in the hands of neck beard nerds and come into existence by solving puzzles in big jerry rigged Chinese warehouses is not ever gonna work in the real world.


This is as funny as wrong.

Wasn't it Buffet who said about land - they don't make it anymore. I think some professional investors know that the value would rise with more holding, and could take the risk with a small sum, but I think they are held back by not knowing how to report it, taxing and so on. When they discover they just can hold it anonymously, they will come in and we will see it in price action. If I know these guys right, they (some of them) don't care about reporting if they think they can get away without reporting it.