Cryptocurrency chaos as China cracks down on ICOs

Re:Cryptocurrency chaos as China cracks down on ICOs by vasilipupkin on Thursday September 14, 2017 @12:24PM (#15249521)

gold is also volatile and has had 25% pullbacks. Plot gold over time and you'll see. Hedging is not about the volatility per se but about correlation with other investments.

anything could not be a hedge. It needs to be liquid, transferable, international, etc. etc. bitcoin is on the way there. I am not saying it will supplant gold, I am saying it could. that probability is certainly not zero.

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Re:Cryptocurrency chaos as China cracks down on ICOs by Nursie on Thursday September 14, 2017 @12:27PM (#15249559)

And I think you're looking at the world through bitcoin-tinted glasses there.

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Re:Cryptocurrency chaos as China cracks down on ICOs by vasilipupkin on Thursday September 14, 2017 @12:58PM (#15249952)

I wish I had been 5 years ago

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Re:Cryptocurrency chaos as China cracks down on ICOs by Nursie on Friday September 15, 2017 @05:44AM (#15255828)

Well likewise when they were $0.50 a piece I toyed with the idea of getting some, just in case.

That doesn't mean I think they're a reliable investment or comparable to gold, just that in hindsight I could have been very rich by for a few bucks back then.

Ah well.

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