Quote from: shmadz on August 06, 2011, 03:16:17 PM

Quote from: BTC Economist on August 06, 2011, 03:08:51 PM

Well if you are just gambling, do as you please. You don't have to listen to me.

Ummm, aren't all investments a form of gambling? I mean, sure it might be informed gambling, but come on man.

if "investing" in a beta stage, open-source project isn't gambling, then I don't know what it is...

maybe "donating" to the cause? I mean, at this point, all investors in bitcoin are essentially funding a start-up project, with the hopes that it succeeds and they will get paid off in the end.

If you have more money in bitcoin than you are comfortable with losing, then I think you need to re-evaluate your "investment" strategy.

Well what I was referring to was your previous post where you indicated someone might be investing an insignificant quantity of money in bitcoin that they don't care if they lose...that's fine. However, most people don't have experience investing in junk bonds and that's basically what bitcoin is. There's a huge difference between that and buying a mutual fund or share of Google.