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Re: trunkmonk post# 6602

Thursday, 11/01/2018 3:55:34 PM

Thursday, November 01, 2018 3:55:34 PM

Post# of 58939
I agree absolutely. Cryptocurrencies remind me of penny stocks. Years ago lots of investors believed in those companies that they had value. Some of them shot up from $1 to $100. When word got out that these companies had no real value they collapsed accordingly. I am surprised that Bitcoin has held up as much as it has. The days of throwing money into with a hope that it will explode like it did last year are fading. There also doesn't seem to be any widespread attempt by stores and vendors to accept it. I have used it just to move money around. Fortunately it never collapsed during the short time I was in it.
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