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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (24096)	11/23/2013 11:40:29 AM
From: ahhaha	Read Replies (3) \| Respond to of 24758

I noticed that Peter Schiff had some negative comments to make about bitcoin. Sounded like the incompetent, Dennis Gartman. He doesn't know what bitcoin, or virtual currencies, are. He says bitcoin has no intrinsic value. Neither does gold. Schiff is making the store of value vs use as value mistake. If anyone buys bitcoin as a store of value, they're making a mistake. One buys bitcoin because it's an indispensable unit of efficient, secure, transaction. The amount of gold that still can be mined is virtually unlimited while that of the eventually prevailing virtuals is strictly limited.