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There's nothing wrong with participating in the crypto currency world. For all you know $5000 is chump change to him. Of course the risks are high, but people a

There's nothing wrong with participating in the crypto currency world. For all you know $5000 is chump change to him. Of course the risks are high, but people are also making quite significant returns as well. Assuming he's trying to get into Ethereum, it doesn't quite fit the definition of a "scam". The tech is very interesting and who knows how far it will go.

nradov 9y ago
There was nothing wrong with investing in tulip bulbs in 1637 either. But investors shouldn't expect any sympathy when they get burned.
- c0nducktr 9y ago
  There's a difference between buying tulip bulbs and having the price collapse and buying bitcoin and never even receiving the bitcoin.
- stinkytaco 9y ago
  This is less about the investment and more about the broker. If bitcoin takes a dive or the blockchain forks and users lose their investment, that's investing in a crash. When the broker absconds with the money, that's breaking the law. Users should have every reason to be confident Coinbase is reliable.
- CyberDildonics 9y ago
  What properties of ideal money do tulip bulbs have?