Quote:
Originally Posted by Cowperson
Commodities don't rise and fall 40% in a few hours, day after day.
There is no relationship in what bitcoin is versus what gold is either.
If you sell imaginary stuff for real money though, make it so. Just make sure you're not the last fellow holding the bag. I knew a guy, just deceased, who made and kept a million Bre-x bucks, out before someone was shoved out of a helicopter. It's real if you can turn it into Yankee dollars.
Cowperson
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Thanks Tips. That's what I was saying. It's behaving more like a commodity than a currency, but not even very much like a commodity.
And yeah, there have been a few wacky days in commodities throughout history, though very few, and obviously brought on by extraordinary circumstances.