Search found 32938 matches

by Valuethinker
Thu Dec 07, 2017 4:04 am
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3571

Re: Does it look like a bubble to you?

Thesaints wrote:
Thu Dec 07, 2017 1:14 am
No, it can not. It is simple algebra and they didn’t see a Zimbabwe effect as well, did they ?
Zimbabwe ended its hyperinflation several years ago - they pegged to the dollar.
by Valuethinker
Thu Dec 07, 2017 3:58 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 18622

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

See my various previous posts above. Inflation is not a problem if you are holding small amounts for a short time to facilitate spending, so the cryptodollar should be a perfectly fine currency for on-line purchases, in a world where the dollar as we know it still exists. However the possibility of...
by Valuethinker
Wed Dec 06, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: Crypto-Currency
Replies: 17
Views: 1090

Re: Crypto-Currency

CaliJim wrote:
Wed Dec 06, 2017 1:02 pm
No. Speculation in such things is not allowed per the BH membership agreement.
Shhh... the first rule of Bogleheads is "Do not talk about ... "
by Valuethinker
Wed Dec 06, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: CBOE to launch bitcoin futures trading on Dec 10, 2017
Replies: 12
Views: 819

Re: CBOE to launch bitcoin futures trading on Dec 10, 2017

Creating a synthetic betting instrument to speculate on a synthetic currency whose main use is for speculation. The last "shark jumping" stage in this saga. Creating a synthetic betting instrument to speculate is actually a good thing. This asset is one way street up is because no one can short thi...
by Valuethinker
Wed Dec 06, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10691

Re: Didn't buy Bitcoin at $4600

The U.S. may be just a small part of the crypo-craze. And last week, trading between the Korean currency, the won, and Ether, the most valuable Bitcoin competitor, was nearly as active as trading between the dollar and Ether — despite the fact that Korea’s population is one-sixth that of the United...
by Valuethinker
Wed Dec 06, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Are plasma TV's gone forever?
Replies: 36
Views: 4514

Re: Are plasma TV's gone forever?

As an added benefit they will heat your home! These should be a no brainer in cold climates... If you have a heat pump it is 2-3x more efficient that using your tv as an electric bar (1 kwhr electricity = 2-3 kwhr of heat at COP of 2.0-3.0). Caveat: if external temperatures are down below 20 degree...
by Valuethinker
Wed Dec 06, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Crypto-Currency
Replies: 17
Views: 1090

Re: Crypto-Currency

Buster65 wrote:
Wed Dec 06, 2017 10:52 am
I'm wondering if any bogleheads dabble in crypto currency? I'm interested in understanding how you went about it, what exchanges you're on and what currency's you own.
There are at least 5 active threads on bitcoin and its ilk right now.
by Valuethinker
Wed Dec 06, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Heuristics - Rising Income
Replies: 15
Views: 1132

Re: Housing Heuristics - Rising Income

One of the common caveats in housing affordability discussions is the importance of a stable job/income, and most affordability related heuristics assume a flat level of income. As many homebuyers are younger wage earners, who have yet to reach peak earning levels, do the common rules of thumb alre...
by Valuethinker
Wed Dec 06, 2017 12:33 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 159
Views: 14346

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

most here thing bitcoin is a bubble and will soon crash and it's understandable how that's the common view. but objectively thinking.... what if it's not? Not soon. Will crash. Anyone would be a fool to give timing. Or from what level it will crash. It might crash from say $100k to $10k. If it is n...
by Valuethinker
Wed Dec 06, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4794

Re: Larry Swedroe: Bitcoin & It’s Risks

Be mindful of this false dichotomy: Is bitcoin a bubble, or a wise investment? It can be both. The "bubble" can pop, the asset value can plummet rapidly, and then it can slowly rebuild to higher than pre-bubble levels. Note this quote from Fred Wilson, famous venture capitalist and grad of both MIT...
by Valuethinker
Wed Dec 06, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10691

Re: Didn't buy Bitcoin at $4600

Ethereum is the amazon or google of cryptos and it has increased way more than bitcoin this year - up 5000%. It has a “small” market cap and isn’t going anywhere but up. Bitcoin may have the first mover advantage but someday these coins that are backed by amazing technology will be at the forefront...
by Valuethinker
Wed Dec 06, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: Corporate & Treasury Bonds: Where's the risk?
Replies: 21
Views: 1948

Re: Corporate & Treasury Bonds: Where's the risk?

You can pretty much guarantee that any newly-issued high-yield (non investment grade) bond is going to have a call provision that would allow the company to take advantage of an improving credit situation. It's a heads-they-win-tails-you-lose situation. That's similar reasoning to the situation wit...
by Valuethinker
Wed Dec 06, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 18622

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

I think there have been some people on the thread who have argued the merits of bitcoin. However, without going back to check, I reckon most claimed merits could apply to most cryptocurrencies anyone might decide to invent. All bitcoin has going for it is being first. That might count for a lot, if...
by Valuethinker
Wed Dec 06, 2017 7:38 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4794

Re: Larry Swedroe: Bitcoin & It’s Risks

https://johnhcochrane.blogspot.co.uk/2017/11/bitcoin-and-bubbles.html#more Swedroe links to this blog, by John Cochrane, a highly respected academic on the subject of asset prices. There's a sideswipe at behavioural theories. My own view is that you can have both-- rational speculation (Cochrane - s...
by Valuethinker
Wed Dec 06, 2017 7:29 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4794

Re: Larry Swedroe: Bitcoin & It’s Risks

To Swedroe's credit, the word "tulip" or "tulips" does not once appear in his article, despite his mentions of multiple historical asset bubbles. I wonder if, like many others, he also acknowledges that Tulipmania is an exaggerated myth. South Sea Bubble, which he does mention, has not been exagger...
by Valuethinker
Wed Dec 06, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: too much redundancy in the funds [UK]
Replies: 7
Views: 535

Re: too much redundancy in the funds [UK]

Dear TedSwippet I'm resident in Thailand at the moment but not sure where I'll permanently settle down. I looked for the vanguard VWRD on the old Mutual list but it doesn't seem to exist at the moment. I like your advice about using the F&C investment solely to avoid the redundancy since it does mo...
by Valuethinker
Wed Dec 06, 2017 6:59 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4794

Re: Larry Swedroe: Bitcoin & It’s Risks

Never invest in anything you don't understand or can't explain to a 12 year-old. Following this simple rule will save you from a world of hurt. My 11 year-old son's been listening in on my conversations regarding bitcoin and blockchain technology with some friends of mine. (They are considering doi...
by Valuethinker
Wed Dec 06, 2017 6:57 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 159
Views: 14346

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Interesting component of crypto currency... The bitcoin computer network currently uses as much electricity as Denmark. In 18 months, it will use as much as the entire United States. https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/ What was it Ben Stein, economic adviser to ...
by Valuethinker
Wed Dec 06, 2017 5:54 am
Forum: Personal Consumer Issues
Topic: Europe Suggestions
Replies: 44
Views: 2741

Re: Europe Suggestions

Following. We (myself, wife and a friend) are doing a trip in June starting in London then taking the train to Paris followed by Brussels and then Amsterdam. We will then fly home on icelandair and do a couple of day stopover in Iceland. We are doing AirBNB's everywhere except London, I will use po...
by Valuethinker
Wed Dec 06, 2017 5:51 am
Forum: Investing - Help with Personal Investments
Topic: 1st draft of my portfolio to evaluation [feedback please] [Europe]
Replies: 30
Views: 1209

Re: 2nd draft of my portfolio to evaluation [feedback please] [Europe]

Hi all, First of all, thank you to those iving me feedback in my previous post where we discussed the 1st draft of my retirement portfolio . All your comments were very useful and most of them eye openers. After careful review of all feedback received, now I bring the 2nd draft. 10% EU bonds - db x...
by Valuethinker
Wed Dec 06, 2017 5:06 am
Forum: Investing - Theory, News & General
Topic: Regional Strategy in Picking Bond ETFs in Europe.
Replies: 2
Views: 313

Re: Regional Strategy in Picking Bond ETFs in Europe.

I'm trying to get my head around criteria for the selection of good bond in Europe and going through the posts I came across a lot of people advising against bond ETFs that hold a lot of shares from countries like Japan, Greece, Italy (and even Finland). Big thanks to user ValueThinker and others f...
by Valuethinker
Wed Dec 06, 2017 4:59 am
Forum: Personal Finance (Not Investing)
Topic: How does non-US BH invest?
Replies: 9
Views: 712

Re: How does non-US BH invest?

So most non-US developed world depend on socialized government pension for retirement in the form of higher tax. While in the US, we are basically on our own + very limited SS and pension offer. Actually Social Security is quite generous-- if you have the work history. I am thinking compared to Can...
by Valuethinker
Wed Dec 06, 2017 4:57 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 159
Views: 14346

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Interesting component of crypto currency... The bitcoin computer network currently uses as much electricity as Denmark. In 18 months, it will use as much as the entire United States. https://grist.org/article/bitcoin-could-cost-us-our-clean-energy-future/ What was it Ben Stein, economic adviser to ...
by Valuethinker
Tue Dec 05, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

There is a set of skills my grandfather took as a given that I don't have-- mostly outdoorsy things. Neat, standardized handwriting. An absolutely essential skill until the 1940s, made completely obsolete by typewriters and later computers. Yet hunt & peck typing is still quite common. You should s...
by Valuethinker
Tue Dec 05, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

There is a set of skills my grandfather took as a given that I don't have-- mostly outdoorsy things. Neat, standardized handwriting. An absolutely essential skill until the 1940s, made completely obsolete by typewriters and later computers. Multiplication. Few of the engineers (some with PhDs) I wo...
by Valuethinker
Tue Dec 05, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 159
Views: 14346

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

I also think a big difference between the internet and the blockchain is that the internet was built off of everyday technology and was easy to explain. If someone asked me to explain the internet in 1990 I would have said the following: People speak to each other on phones. The internet allows com...
by Valuethinker
Tue Dec 05, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

And they don't use maps any more. I mean they can read directions off their phones, but puzzling their way around a map is impossible. (that, btw, I was travelling in the backwoods of Turkey about 30 years ago, and found that reading maps was just not a skill, people literally could not point to a ...
by Valuethinker
Tue Dec 05, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2263

Re: The "petro," a Venezuelan oil-backed cryptocurrency

This reminds me of what a startup I joined many years ago is doing. They are jumping this new blockchain craze. The are called, get this... Initial Coin Offerings (ICOs). I kid you not! I was one of the founders of this company. I will not say much about this company other than the company name sho...
by Valuethinker
Tue Dec 05, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

I wonder what the tradeoffs are on heat pumps in New England? Electricity is (very) expensive by US standards. And HPs move towards COP of 1.0 at low enough temps (around 10 degrees F?). Yet, one could replace the heating oil in New England w Heat Pumps-- we have air-to-water ones here that work fo...
by Valuethinker
Tue Dec 05, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2263

Re: The "petro," a Venezuelan oil-backed cryptocurrency

So they told us in school that a silver certificate could be exchanged for "silver," which sounded really neat, until we found out that all that it mean was that if you took a $1 bill to a bank they would give you four quarters in change. Big deal. So much for the dream of saving up your birthday m...
by Valuethinker
Tue Dec 05, 2017 11:21 am
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2263

Re: The "petro," a Venezuelan oil-backed cryptocurrency

I was reading up on cryptocurrencies yesterday. My conclusion was I still wouldn't touch bitcoin, but asset-backed cryptocurrencies might one day be worthwhile. There are a few out there. One in particular had chosen the US dollar, Gold and bitcoin as their first three assets, which all make sense....
by Valuethinker
Tue Dec 05, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

They don't think in linear distance anyways (something is 120 km or 85 miles away doesn't mean anything to them - they only think in travel time, which is logical, but strange if you grew up in a world of maps and distances). I'm becoming one of them. When I'm considering going somewhere, I enter t...
by Valuethinker
Tue Dec 05, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 18622

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Yes, in fact I knew one of the people who was worth 8 figures from the dotcom boom, and he told me that it was a good thing that his company had no earnings, because that way they didn't have a P/E ratio to worry about. :confused He never sold, and I'm pretty sure he is in the one comma club now. :...
by Valuethinker
Tue Dec 05, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Non-US resident portfolio with an emerging market ETF
Replies: 9
Views: 814

Re: Non-US resident portfolio with an emerging market ETF

Hi everybody, I finally got my account on Interactive Brokers and starting a Bogleheads-based three-fund portfolio for, hopefully, early retirement. About me: 30y.o., resident of Chile. The country is waiting for the tax treaty with the US for many years, so I avoid US domesticated ETFs because of ...
by Valuethinker
Tue Dec 05, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

Query. Are science and engineering students in USA still taught Imperial system? (Epsilon Delta has pointed out the US does *not* use Imperial measures but there is a lot of overlap, your gallon is just too small ;-)). BTUs, foot-pounds etc? That seems like a total nightmare. PMFJI, but I attended ...
by Valuethinker
Tue Dec 05, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2263

Re: The "petro," a Venezuelan oil-backed cryptocurrency

P.S. Despite the currency being backed by precious metal, inflation during the early 1950s was hellacious, and one of my earlier memories of watching television was of a news program with an announcer pointing to a graphic of a "shrinking dollar," with different-sized pictures of a dollar bill. Dan...
by Valuethinker
Tue Dec 05, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Europe Suggestions
Replies: 44
Views: 2741

Re: Europe Suggestions

Another vote for reading Rick Steves' "Europe Through the Back Door". He has tips on seeing the "real Europe", not just the touristy spots. He's also big on saving money--he has many great suggestions on where to stay, where to eat, and stuff you never thought about, like doing laundry on the fly o...
by Valuethinker
Tue Dec 05, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: Europe Suggestions
Replies: 44
Views: 2741

Re: Europe Suggestions

Looking at taking a family trip to Europe this summer. Kids will be 10 and 12, trying to beat the grumpy teen years (I guess). I'm thinking about 3 weeks in length. Should have a few airline tickets with miles and will likely use AirBandB, or some other lower budget option for housing. Looking for ...
by Valuethinker
Tue Dec 05, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

I'm sorry, but I saw nothing in that article that suggested that the alternative to the demand shedding was a brownout. Did we read the same article? The Flex Alert and subsequent warning on Feb. 6 were called because of extreme cold weather in much of the United States and Canada impacting fuel su...
by Valuethinker
Tue Dec 05, 2017 7:31 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 18622

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Would you hold or sell? ie. if hypothetically holding 1% of your net worth in Bitcoin. Would you sell at 2X return? At 1 BTC = $20,000 ? Or hold indefinitely ? Great questions! One thing I just cannot wrap my mind around is what the rough intrinsic value of a bitcoin should be. It is confusing that...
by Valuethinker
Mon Dec 04, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2263

Re: The "petro," a Venezuelan oil-backed cryptocurrency

brad.clarkston wrote:
Mon Dec 04, 2017 5:18 pm
Yea I see tons and tons of non-Venezuelan's flocking to the Petro ... said no one ever.
And Venezuelans flock to Miami condo buildings.
by Valuethinker
Mon Dec 04, 2017 5:38 pm
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2263

Re: The "petro," a Venezuelan oil-backed cryptocurrency

It would be an interesting idea if a financially-stable country created an asset-backed block-chain currency. Asset-backed meaning the it was officially exchangeable for the actual commodity or possibly for the value of the commodity in the country's traditional currency. More likely, we'll see blo...
by Valuethinker
Mon Dec 04, 2017 5:37 pm
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2263

Re: The "petro," a Venezuelan oil-backed cryptocurrency

And if you don't understand what an "oil-backed cryptocurrency" is, neither do I, and neither do the news organizations reporting on it. Reuters The leftist leader offered few specifics about the currency launch or how the struggling OPEC member would pull off such a feat, but he declared to cheers...
by Valuethinker
Mon Dec 04, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 18622

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

If we are just talking pure math, you'd be mad to not put 1% of your investible assets in Bitcoin. If there was a 95% chance of Bitcoin going to zero, and a 5% chance 1 Bitcoin goes to $500K, you'd be a food indeed. So if we're talking pure math, where did you get the 5% chance 1 Bitcoin goes to $5...
by Valuethinker
Mon Dec 04, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 18622

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Somebody earlier in the thread mentioned how fiat currency is all about the stability/guarantee of the government issuing the bills. Ergo, the reason why the US dollar retains good value is because those Franklins and Washingtons will get you goods and services. Which got me thinking. Right now, th...
by Valuethinker
Mon Dec 04, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8304

Re: Growing Number of Electric Vehicles

I'm sorry, but I saw nothing in that article that suggested that the alternative to the demand shedding was a brownout. Did we read the same article? The Flex Alert and subsequent warning on Feb. 6 were called because of extreme cold weather in much of the United States and Canada impacting fuel su...
by Valuethinker
Sun Dec 03, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin - How it works for the layman
Replies: 30
Views: 2790

Re: Bitcoin - How it works for the layman

Even if society migrates to bitcoin as a currency, that doesn't mean it makes sense to consider it an investment. Actually, if society were to migrate, it might very much make sense as an investment. Why? Because there is a fixed supply of Bitcoin. That means if society's economy is growing, Bitcoi...
by Valuethinker
Sun Dec 03, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin - How it works for the layman
Replies: 30
Views: 2790

Re: Bitcoin - How it works for the layman

Why is a Bitcoin's value quoted in dollars? Bitcoin value is often quoted in terms of dollars, but not always. There are exchanges that allow trading bitcoin for many other currencies, including GBP, EU, and even other crypto currencies. When the US dollar's value is quoted in Bitcoin I'll start to...
by Valuethinker
Sun Dec 03, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8231

Re: Want to sell my Bitcoin, but when?

I bought about $7000 worth of Bitcoin and Ethereum in July as an experiment and learning process. Well, it is now worth about $21,000. I had planned to buy and hold until July 2018 so any gains would be long-term, but the recent run-up has me worrying the bubble pop may come sooner. I can afford to...
by Valuethinker
Sun Dec 03, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 18622

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

Why not short bitcoin? Keynes... "The market can remain irrational longer than you can remain solvent." Yeah, there's a bitcoin bubble. Bitcoin's value is destined to plummet. Sometime. But will that happen before or after I get wiped out by shorting it? I'm not an experienced bitcoin shorter, but ...