Don't kid yourselves though, the odds are hugely against you. My position is to not fuck it up trying to pick up nickels in front of a freight train.
God damn, that's sig-worthy.
my take on bitcoin is the exchanges are fubar ... who the hell are they and who gets your money back if they fly by night?
So Coinbase is a threat ? LOL ...
Yes all these exchanges will just up and take all our money with them.
Thats a rational paranoia.
Honestly that tells me you aren't too familiar with what is going on. All due respect.
To the original poster: the LAST people you want to ask about bitcoin are the people who have been involved IN ANY CAPACITY in the obsolete financial world.
Those are the biggest naysayers, the most skeptical, the least informed, and the most confused by what Bitcoin is.
Bitcoin violates every rule they have ever learned, and it drives them insane. Please only use such individuals for personal entertainment.
-B-
Huh? There are probably a dozen exchanges which have been hacked, shut down by a gov, or had owners who absconded with client funds/coins. It's a real threat. It boggles my mind that whales are comfortable sitting on millions on these exchanges.
Regarding your disdain for professionals from the "obsolete financial world" .. you obviously don't understand the parallels between Bitcoin and forex/commodities trading.