Fly Navy

By flynavy, January 8, 2014

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

OK, I am new to this site so if I ask past discussed questions, sorry but need to catch up
So, what’s up with Micheal Robinson’s pitch on Bitcoins and Nova-X

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7 Comments on " Fly Navy"

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Travis Johnson, Stock Gumshoe
Admin
4465
January 9, 2014 12:58 pm
He’s a big bitcoin enthusiast, which doesn’t really have a “stock market” corollary at the moment (there are bitcoin funds, but no easily traded ones yet for individual investors — and, frankly, they’re stupid, if you think bitcoins are exciting just buy a couple bitcoins). There aren’t any companies in the bitcoin business that are publicly traded yet. I have been tinkering around with a few bitcoins, it’s hard to come up with a compelling reason to own them yet unless you’ve got a futurist’s mind and some kind of prediction about how they’re going to evolve. Their value is… Read more »
Fly Navy
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Fly Navy
January 9, 2014 1:47 pm

Is anything (besides Micheal’s $49.00 fish hook package) being offered as far as
learning how to get a wallet. This bitcoin stuff is interesting but feels like I am dualing with either Zoro or a ghost.

lily
Irregular
0
lily
January 9, 2014 2:32 pm

Looking forward to your “further bitcoin thoughts.” Although a virtual currency IS “futuristic” and the milieu at this time is hard to grasp, aspects of the concept are compelling. Would have been more fun to buy coins at a dollar than 800.

modernrock
Irregular
227
January 10, 2014 5:33 pm

Someone changed their symbol to BITC a few days ago and they ran it today for a multibagger. Reminds me of TWTRQ before the twitter ipo.

Fly Navy
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Fly Navy
January 10, 2014 9:37 pm
I signed in to “Nova-X” newsletter/service and today the letter promotes getting your wallet set up for cash or payment via an exchange or directly to a compan. Interesting concept for ??? “funny money” or ??? what ever. If anyone is playing with this futurist’s prediction and how it is evoving please pass along what your finding as relevant, disturbing, enticing, where to trade them, where to spend them, etc. If this is going to work folks need solid information. Does anyone know if these bitcoins are being used for “real” business? In closing, anyone have a hint on timing… Read more »
archives2001
Irregular
29
archives2001
January 17, 2014 3:02 am
Two Bitcoin ATMs open in Canada January 17, 2014 Huff Post Bitcoin — that real but seems not real — rather puzzling form of digital money now has its own Toronto ATM machine. The digital cryptocurrency, not regulated by any form of government or bank, is a new phenomenon. Although legal, some events tied to the new type of currency, like October’s FBI shutdown of the Silk Road shutdown — a marketplace for illegal drugs and other illicit goods — harmed the reputation of Bitcoin. But the money made of data blocks is still alive and well and is being… Read more »
lily
Irregular
0
lily
January 10, 2014 10:26 pm
A friend bought ONE coin through coinbase.com during the dip when China announced its refusal to allow bitcoins. Here’s an interesting article from Forbes http://www.forbes.com/sites/timothylee/2013/04/03/four-reason-you-shouldnt-buy-bitcoins/ and a transcript of a panel discussion a couple of months ago on the Diane Rehm Show. http://thedianerehmshow.org/shows/2013-11-19/lawmakers-and-regulators-take-closer-look-bitcoin and bitcoin 101 from the Washington Post: http://www.washingtonpost.com/blogs/the-switch/wp/2013/11/19/12-questions-you-were-too-embarrassed-to-ask-about-bitcoin/ Notice the writer of the Forbes article bought at around 100 and wasn’t even recommending it then. More than anything else it’s hard to see the security in buying something that was 5 cents three years ago and is now $800+. Though as commerce becomes increasingly global, a non-paper,… Read more »
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