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Old Oct 17, 2014, 2:20 am
  #18  
luv2ctheworld
 
Join Date: Apr 2005
Location: LAX
Programs: UA Silver, AA, WN, DL
Posts: 4,091
Kudos on the innovative thinking and bleeding edge approach to MS. But I think (as it's been pointed out), the transaction costs and risk makes it very challenging and unlikely to have long term repeatable success. At the very minimum one should break even (minus a small transaction cost), and in a perfect world, come out slightly ahead. But the fluctuation in Bitcoin price makes this hard to manage. It may be easier to just buy gold or silver bullion and resell it. Yes the price for those commodities fluctuates, but at least you can get a general sense of macroeconomic conditions. Bitcoin for the majority of people still have not been able to equate in economic terms as easily.
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