Quote Originally Posted by LCDaBoss View Post
It has vaule, whatever the market if trading them for, thats like saying stocks are shady and shouldnt be dealt with in any way because they go up and down .... still has some worth. You might loose some money the next day if they drop after you buy them but again you might make a good profit if they go up the day after you buy them. Sounds like stocks to me, am I wrong?
I would stay far away from BitCoins atm. I bought and sold these and made a tidy little profit by both B/S and playing poker with them; however towards the end I lost some of the profit back with the crazy wild swings these coins have had. BitCoins peaked @ almost $270 with swings that gave me some serious whiplash. I think the chance to make a quick buck fueled an enormous speculative bubble that finally burst. I am not convinced however, that the currency has stabilized. I personally would avoid these atm to be honest. Take this from someone who is an econ minor, with a major in political science. The potential alos for the government to step in and "lean" on Bitcoin is also a major point of concern.