bitcoin the new gold?, page-27

SAEZ

The trouble with Bitcoin is there is no material substance behind it ie it is not backed by a currency or a commodity.

So who sets the Bitcoin price? The people who sell them and with no physical backing they can suddenly half the price or split the coin or do whatever the hell they want. Plus now anyone who deals in Bitcoins or if you make money off Bitcoins it must be declared as income. The U.S. Government is hot on the heels of Bitcoin dealers.

You say you don't have much money but you can buy ETF paper GOLD and Silver on lined for 134.72aud a share right now.

I hope you don't get had in this deal as so many people did 15 years ago in the online stockmarket that dealt with ficticious companies. They just zeroed their stockmarket and disappeared .

Good luck but why advertise Bitcoin the way you are if you don't want people to know about it so you can buy it cheap??