“Bitcoins – Are You Kidding Me?” – Seeking Alpha | $1938.7

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Is it a good investment?

Stanford and Princeton say bitcoin has volatility seven times greater than gold, eight times greater than the S&P 500, and 18 times greater than the U.S. dollar. My answer:No.

Some of the hype tossed by Bitcoin sellers include:

Buy bitcoins with your IRA

Seriously? Sure, reverse mortgage your house while you’re at it…

Still, some people will buy it as an “investment.” In my opinion, Monopoly money is safer.

Eulogy made by: John Lohr

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Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

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