Seeking Alpha


Send Message
View as an RSS Feed
View GregScotts' Comments BY TICKER:
Latest  |  Highest rated
  • Prime Air may first take to U.K. skies [View news story]
    For me it seems obvious that we'll have hundreds of drones flying overhead in future. Indeed, we'll have drones in the air constantly acting as CCTV at the very least. Delivery by drone isn't a leap; it's inevitable.
    Aug 17, 2015. 05:52 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Retail Sales In Focus [View article]
    What you say about the younger generation is true.
    I foresee a future where we'll all run everything from our phone. Head in to work, slot your phone in (or more precisely, your phone will be detected) and a big projector/screen is where you'll then do your work - from your phone. Pop your phone in your pocket and take the office with you. This device will be your connection in to the matrix and will run your life.

    However, I don't foresee the standard office environment changing anywhere near as rapidly as our personal devices have at home. Businesses are surviving today on 15-year old software. The PC is not going to disappear in 5 years, nor even in 10 years. I don't see an genuine alternative yet.

    Have you tried manipulating a spreadsheet on a tablet?
    "REAL work" still requires standard input devices, a monitor, a desk and an office chair. Not to mention the vast majority of businesses I work with consider IT a cost - when the reality is, it's their entire business.

    If it works now, and it'll work next year, it stays.
    Aug 13, 2015. 09:15 AM | 17 Likes Like |Link to Comment
  • Wall Street Breakfast: Retail Sales In Focus [View article]
    This has been said for years. The West sold off its' PC manufacturing companies to companies like Lenovo, who's made huge profits supplying the worlds' governments and civil services with PCs.

    The vast majority of businesses on this planet are run with PCs. Somebody has to supply them, and it will be Lenovo.

    We won't be using tablets for real work. At least not until we have the software to have conversations and use hand gestures for communicating, but this is a decade away.
    Aug 13, 2015. 07:16 AM | 17 Likes Like |Link to Comment
  • Baidu announces $1B buyback after investor sell-off [View news story]
    Don't think this will save my Augwk1 call!

    Purchasing what I can for the long term all the same.
    Jul 30, 2015. 07:10 AM | 1 Like Like |Link to Comment
  • An Alternate Way To Profit Off Bitcoin [View article]
    Penny stocks are volatile, because they have a small market cap.
    Do you understand?

    "Bitcoin is a fad, much as Twitter is."
    Just like the Telephone, Television, and the Aeroplane.
    Jun 4, 2014. 07:56 AM | 3 Likes Like |Link to Comment
  • An Alternate Way To Profit Off Bitcoin [View article]
    "The issue of terrorist money laundering by itself will put the kabosh on it. "

    Last I heard the US Dollar still exists and HSBC are still trading.

    " Unless you can figure out a way to show Bitcoin transactions in a reproducible way--which you can't--they are not amenable to audit. "

    This shows you have absolutely no clue what you are talking about. I suggest you do some reading because you look like a joke to anybody that knows anything about Bitcoin.
    Jun 4, 2014. 07:52 AM | 3 Likes Like |Link to Comment
  • An Alternate Way To Profit Off Bitcoin [View article]
    "It lacks a legitimate high-confidence clearing mechanism and there's no means of reversing erroneous or fraudulent transactions. None. "

    You don't get higher confidence than the mathematical certainty that Bitcoin provides. I trust that 2+2=4 more than I trust any bank in existance.

    "At least not without giving up the characteristics that make it so appealing in the first place: anonymity, instantaneous, and irreversible. I don't think it's an accident that no money-center bank in the US or the UK has indicated any interest in Bitcoins."

    Well it isn't instantaneous, or anonymous, regarding irreversibility this will exist in the future. Counter-parties will spring up and it will be an open market which you choose when making your transaction. You must understand that Bitcoin will be upgraded just like every other piece of software out there. You're looking at Notepad and failing to see Microsoft Office.

    "At its core, Bitcoin has all the weaknesses of a fiat currency and no strengths--no government to stand behind it, no court system to enforce contractual transactions requiring its use, and no ability to reverse any transaction. "

    No government is a good thing.
    There is no reason why Bitcoin transactions and contracts would not be enforceable by the courts. What weaknesses of fiat currency exist with in Bitcoin exactly?

    "So tell me again why Bitcoins are so much better than fiat currency other than it lets you break some laws?"

    You are so pathetically uninformed it is truly ugly how you can be so fervent in your views. You will find out in a few years.
    Take a second and think about our society; technological progress; the move to digitalisation. Do you really think printed paper would last forever?
    Jun 4, 2014. 07:46 AM | 3 Likes Like |Link to Comment
  • European Banks Aren't As Healthy As Investors Think [View article]
    The UK Govt is rumoured to be looking to offload a % of its' holdings in Lloyds in early 2014, possibly in some sort of "public giveaway.*" (*whatever that means).
    How do you think this could affect the current share price?
    Dec 16, 2013. 11:28 AM | Likes Like |Link to Comment
  • eBay - Price Is Still Too High To Shop Despite Strong Holiday Sales [View article]
    What competition is there for Paypal?
    Google closed down their payment solutions for ecommerce this year. (And officially recommended people switch to Braintree!)
    I see great continued potential for Paypal.

    No position.
    Dec 3, 2013. 05:33 PM | Likes Like |Link to Comment
  • Where To Find Bargains In Over-Extended Equity Markets [View article]
    I liked BAIDU when it was sitting at $90 but didn't have the cash. As much as I'd like to own it I can't bring myself to buy-in at this price.
    Nov 27, 2013. 06:16 AM | Likes Like |Link to Comment
  • Wall Street Doesn't Understand Bitcoin Yet, But It Will [View article]
    You can short it at a company called Plus 500 (themselves listed on LSE) with margin.
    Trading BTC with margin takes giant balls however.
    Nov 27, 2013. 04:43 AM | 2 Likes Like |Link to Comment
  • 4 Reasons To Buy BP [View article]
    No doubt about the quality of the company. I'm sitting on cash and looking at BP, but with the uncertainty right now I'm looking for a very friendly entry price. I'm happy to sit back and wait for a real buying opportunity if it comes.
    Nov 27, 2013. 04:38 AM | 1 Like Like |Link to Comment
  • The Microsoft Future... Once Again [View article]
    You have it backwards.

    Google is the future, Microsoft is the dinosaur.
    Nov 21, 2013. 09:53 AM | 1 Like Like |Link to Comment
  • Impact Of Twitter IPO On GSV Capital [View article]
    Good call!
    Nov 7, 2013. 11:58 AM | Likes Like |Link to Comment
  • Are You Also Wrong On Microsoft? [View article]
    But have you BOUGHT an XBOX?

    If so, Microsoft LOST money on that sale!!
    Oct 30, 2013. 05:16 PM | Likes Like |Link to Comment