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Re: 1manband post# 131448

Monday, 01/22/2018 9:41:05 PM

Monday, January 22, 2018 9:41:05 PM

Post# of 221809
Eastman Kodak New (KODK) would be a prime example of a company "dabbling" in the bitcoin/blockchain market.

This bitcoin created by the anonymous blogger in 2009 was for the most part dead money until last spring or early summer.

We have witnessed a bull market that began in the US in March 2009.

Every quality public stock company has appreciated in market value. The easy money, so to speak, has already been made.

So what does a newbie do?

Bull markets with some age to them have a way of coming up with some industry or product that will attract the late comers looking to catch up quick.

When I check the profiles of the players on the blockchain/virtual money OTC forums I noticed a good number joined Investors Hub in 2017. This tells me there are a number of younger participants who were probably living on parent's money in college or university during the bear market. So they have no idea how the stock market is also capable of destroying wealth as well as creating it.

The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.

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