Bitcoin predictions

[mattking45]

i want to hear what you guys have to say regarding bitcoin and your predictions. So i have heard that bitcoin tends to go up around the winter time. what do you think will happen in the next coming months? are any of you still invested in it?

[Feckless.]

i think bitcoin is a pyramid scheme. now that the government is getting their hands on it with the stock market, they'll have/want the ability to trace it so they can tax the fuck out of it. the only reason people are investing in it is due to the people that put money for it/exchange it. there are buyers and flippers out there that drive up the price, someone buys it, and then it gets flipped and it's worth nothing.

i think it's funny - bitcoin was made to be a decentralized currency, un-traceable and tax free. i'm staying away from it, i've got a bad vibe toward it.