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Old 4th January 2018, 05:48 AM   #1393
PartSkeptic
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Join Date: Jan 2012
Location: South Africa
Posts: 4,801
Originally Posted by Eddie Dane View Post
(snip)

That last one has recently been making more videos warning people that they shouldn't take out a second mortgage and invest it in Bitcoin. Apparently, he's very spooked by how blindly people believe that this will go to the moon and are literally betting the house.

(snip).

Just heard an hour ago of a man who has taken out a mortgage on his house to buy bitcoin. He made a lot of money initially and is now convinced he can make more.

The downturn of the second DCB seems to have started.

The governments should step in. They should tell people how the schemes work, and the risk they are taking. But it is probably too late for many people.
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