DistortAMG
TS Member
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- POTC Disneyland Paris
Just wondering if anyone here has brought any Bitcoin, which is a virtual currency for those who do not know. I wont get too much into the details in how it works, or how you can buy or mine them, the is the whole internet that will be much better placed to do that than me.
But it would not be too far of a stretch to say it is the modern day equivalent if the gold rush a century or so ago in the USA.
In 2016 you could buy a single bit coin for £350. Right now you can sell that bitcoin for just over £40,000 in cold hard cash, straight into your bank. It truely is staggering, with the price rising and rising.
It truely is staggering the rate that this virtual currency is exploding in value. It is predicted to potentially break the £100,000 a coin mark this year. You can pretty much but any decimal value of a bit coin so you do not have to fork out that much for a single coin. But you still get returns on investment relative to the growth.
I find it truely fascinating. But I certainly kick myself at night for not buying some when it was cheap, I had a few opportunities to purchase some in 2014 or so, which would have netted me a healthy 6 figure sum now. Ahh the art of hindsight.
But it would not be too far of a stretch to say it is the modern day equivalent if the gold rush a century or so ago in the USA.
In 2016 you could buy a single bit coin for £350. Right now you can sell that bitcoin for just over £40,000 in cold hard cash, straight into your bank. It truely is staggering, with the price rising and rising.
It truely is staggering the rate that this virtual currency is exploding in value. It is predicted to potentially break the £100,000 a coin mark this year. You can pretty much but any decimal value of a bit coin so you do not have to fork out that much for a single coin. But you still get returns on investment relative to the growth.
I find it truely fascinating. But I certainly kick myself at night for not buying some when it was cheap, I had a few opportunities to purchase some in 2014 or so, which would have netted me a healthy 6 figure sum now. Ahh the art of hindsight.