Savvy Trades and Investments

[beigledog]

OT: Bitcoin and other cryptocurrencies

I guess this is off topic, but this board is about making money so why not talk about it. I want to get some objective opinions instead of going to a bitcoin Ihub board.

What do you guys think about what is going on with bitcoin. I'm extremely skeptical, but my 61- year old dad keeps asking me about it. Just now he asked me about ripple which has gone from $.005 in March to $.22. Obviously, that's a huge move, but I'm worried about him getting involved in another bubble (like buying a FL beach property in 2007 when prices had fallen about 10% (only to fall a total of 65%).