Downside to the Digital Money Boom
In recent days thread after thread are popping up hyping and bullshitting about Bitcoins and Litecoins et al
People just be very wary of jumping in on this boom (as it has already being raped round the clock all day everyday for months)
Remember the golden rule about speculating…
What Goes Up – Always Goes Down!
If anyone wants to get in now be very careful as the major players may go in reverse and start selling short…
A trusted guru who did a lot of work for me in the late 1990s had this to say…
“What’s behind that billion-dollar value? Nothing, except some people would claim a billion dollars’ worth of burned electricity,” said Ben Laurie, a software engineer and visiting fellow at Cambridge University.
Caveat Emptor – Buyer Beware!