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Old 08-26-2014, 11:31 AM   #1
BFT3K
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Bitcoin Stock - Are you in?

Stock Symbol - BTCS

52 week low $0.09

52 week high $5.26

Currently selling at $0.11

What say you?
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Old 08-26-2014, 11:34 AM   #2
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Old 08-26-2014, 11:36 AM   #3
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Bitcoin still needs time to develop IMO. If you day trade it you can probally make a ton of cash but not as a long term hold like The Gold ETF (Symbol GLD)
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Old 08-26-2014, 11:39 AM   #4
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Quote:
Originally Posted by CAHEK View Post
It's definitely a pump and dump stock, but the unanswerable question is - will it keep going down, or will it swing back soon?
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Old 08-26-2014, 11:53 AM   #5
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it's not a "bitcoin" stock, but a stock of http://www.bitcoinshop.us/

a pretty awful long term investment, they can (and will) be put out of business overnight... as soon as some big retailer starts excepting bitcoins, they are done...
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Old 08-26-2014, 11:54 AM   #6
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Originally Posted by woj View Post
it's not a "bitcoin" stock, but a stock of http://www.bitcoinshop.us/

a pretty awful long term investment, they can (and will) be put out of business overnight... as soon as some big retailer starts excepting bitcoins, they are done...
Yeah, good point.
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Old 08-26-2014, 11:56 AM   #7
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What does that stock have to do with Bitcoin?
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Old 08-26-2014, 12:09 PM   #8
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What does that stock have to do with Bitcoin?
Apparently not much - my bad..
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Old 08-26-2014, 12:09 PM   #9
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Based on this thread, I would suggest you not buy any stocks and stick with mutual funds.
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Old 08-26-2014, 12:40 PM   #10
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Having a stock for it would pretty much defeat the purpose of the currency in the first place would it not?
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