Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (12996)	5/21/2015 9:22:14 AM
From: Goose94	Read Replies (3) of 203934

Buy Gold the real stuff... Bitgold is caught up in a speculative frenzy that has some onlookers recalling last century's tech bubble. The Post's Peter Koven writes Bitgold began trading on the TSX Venture Exchange last week at 90 cents. It promptly tripled in its first day of trading, and it has barely slowed down since. On Tuesday, the stock closed at $6.68, and on Wednesday, it touched $8 before settling back to $6.14. At $8 a share, Bitgold had a market cap of $293-million, an astounding level for a company that just launched and has about $9-million of cash and a handful of employees. Retail investors have piled into the stock. "It feels a lot like 1999," said newsletter writer John Kaiser. "This thing has a technology spin to it, nobody understands what it's potentially worth, so it can be worth whatever you want it to be." Bitgold is a pioneering financial services platform built around gold. In addition to allowing users to buy and store gold, Bitgold lets them pay for products and services on-line with gold. Co-founders Roy Sebag and Josh Crumb wanted to create a service that would allow people to buy a coffee using gold. Critics point out there are no barriers to entry.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next