Re:Mt. Gox Halts Bitcoin Withdrawals, Price Drop Follows
by if_by_whisky on Friday February 07, 2014 @09:28AM
(#7196341)
Buying into a real company is not speculating on a price change?
[ Parent
| on HN ]
Re:Mt. Gox Halts Bitcoin Withdrawals, Price Drop Follows
by unclebucknasty on Friday February 07, 2014 @10:22AM
(#7196595)
Of course, all investments involve some degree of speculation.
But, to be fair I think your question is a bit pedantic. I think your parent is saying that with those companies, there is some way to impute value vis-a-vis products, management, history, etc. That calculus would then inform opinions on resulting price movements.
OTOH, when Bitcoin was at $1, forming an opinion on its price movement was almost pure speculation.
Re:Mt. Gox Halts Bitcoin Withdrawals, Price Drop Follows
by James_Duval on Friday February 07, 2014 @09:38AM
(#7196394)
Well, even if the price doesn't go up you may be able to increase your original investment with a DRIP. BTC don't give dividends.