Quote from: kkaspar on March 11, 2014, 06:29:18 PM

Quote from: rjp55 on March 11, 2014, 06:18:40 PM

Quote from: kkaspar on March 11, 2014, 06:14:13 PM

Quote from: Walsoraj on March 11, 2014, 06:05:34 PM

Quote from: gizmoh on March 11, 2014, 06:03:25 PM

NEW YORK (MarketWatch) -- The Financial Industry Regulatory Authority, or Finra, on Tuesday issued an investor alert on bitcoin, saying digital currencies are "more than a bit risky." The agency said the alert was intended to caution investors about the risks inherent in buying and using digital currencies like bitcoin. That includes risks from speculative trading and potential fraud related to bitcoin companies, the alert said. The move came after the collapse of the bitcoin exchange Mt. Gox in late February, which filed for bankruptcy in Japan and the U.S. said it lost customers' bitcoins. "Digital currency such as bitcoin is not legal tender," the Finra alert said, which also warned about the lack of safeguards in place for consumers, the irreversibility of bitcoin transactions, and its association with illegal activities.

http://www.marketwatch.com/story/finra-alert-says-bitcoin-more-than-a-bit-risky-2014-03-11?reflink=MW_news_stmp

Thx FINRA. We were all unaware that bitcoin is a speculative investment.

Everyone here are also aware that most of the bitcoins are owned by anonymous people, who in all probability and considering the history, are drug dealers, computer crackers or confidence man. By trusting your wealth in bitcoin, you are trusting that this criminal element won't dump their coins to acquire your wealth as their own.

Why do you post here?

You sound like the annoying brat telling a group of smokers how bad it is for their health over and over. What's it to you? Light up or screw off.

To balance things out. Yeah, when a group of smokers like to cheer to each other, how good smoking is for their health, then I'm exactly the guy who cuts in and recommends to have at least minimal grip on reality.

That's my point, you act like people aren't aware of the risks already. Go run along and do something else.

I just bought a couple more just to spite people like you.