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Old Oct 21, 2014, 6:44 am
  #19  
aegistar
 
Join Date: Feb 2013
Posts: 14
Originally Posted by luv2ctheworld
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.
Yup, I completely agree. It was why I was very apprehensive about posting about this since the last thing I want to do is lock up people's money in a risky venture.

I think people who are into bitcoin will find this interesting and easier to handle.
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