When will bitcoin's bloodletting cease? Fundstrat's Lee turns to the 'Bitcoin Misery Index' for answers

The recent, brutal selloff in bitcoin has even the most ardent bulls puzzled about the outlook for the digital asset. Bitcoin has shed more than 20% of its value over the past week amid a raft of negative news, leaving investors scrambling for a reason to hold on to a modicum of optimism. Tom Lee …
Google Alert – bitcoin

My son is 2 years old. Thinking about putting 210 bitcoins aside and giving them to him when he turns 30.

First let me say I am not trolling, I have a couple hundred bitcoins left from a stash I bought for cheap in 2012 (best decision ever, I wish I had bought more). I did lose a lot in Mt.Gox and a couple other scams so don't envy me. Anyway I think 30 is a good age to give them to him because he could finish college and still have a few years to work and learn about the value of money. And we are talking 2045 which is a long time for bitcoin to appreciate. Wondering what people think and if there is anything in particular I should pay attention to, besides the obvious of keeping them in a safe place.

submitted by /u/voopo
[link] [comments]