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Re: achron post# 55729

Monday, 01/01/2018 4:06:22 PM

Monday, January 01, 2018 4:06:22 PM

Post# of 61155
MMEG - Future?

EVERYBODY expects BTC to increase in value.

That would likely be another bad future financial position for MMEG! Bad BTC views are easily found on the internet, such as this:

Trading in bitcoin is akin to gambling, so its movements don’t follow logical patterns. Unlike equities and bonds, it is not possible to calculate expected returns on bitcoin, so buying it becomes a gamble rather than an investment.
https://www.nature.com/news/the-future-of-cryptocurrencies-bitcoin-and-beyond-1.18447
Several shortcomings have become apparent in Bitcoin's implementation of the block-chain idea. Security, for example, is far from perfect: there have been more than 40 known thefts and seizures of bitcoins, several incurring losses of more than $1 million apiece.

It's the same gamble as buying MMEG being run by a CEO (working in the dark) as an investment!

My posted comments are only my considered opinion based on the reality as I see it. Your reality may be different.

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