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wickedpixel says

Value powered only by speculation. Like dogecoin. I find dogecoins very threatening to bitcoin, because it is the same thing, but has other name. Makes you think why bother. I mean, other than playing the game, to win some money from gambling.

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quickandeasy Volunteer moderator says

my friend bought 100 bitcoins when they were $5 each, sold them several months later when they were $5 each again.

Fast forward to last week and they were worth $100,000 :sick: gutted.

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VF says

\\

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doru says

my friend bought 100 bitcoins when they were $5 each, sold them several months later when they were $5 each again. Fast forward to last week and they were worth $100,000 :sick: gutted.

This looks like my story

Discovered bitcoins at some point by reading an article and there were some places where you got bitcoins for free so you can test them. Got around 10 of them for free.

I surely remember creating a backup of them somewhere but don’t know where I’ve put that archive :)

Looks like their value now is 6000$

no wait :) got to 6400$ in the last minute

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Blinn says

Here’s my take on Bitcoin:

If you give $5000 to any of these people, who do you think will spend it most wisely:

1: A 6-year-old child. 2: A 14-year-old teen. 3: A 25-year-old adult. 4: A 60-year-old senior citizen.

My point is that most people would naturally invest more money in something known to be safe, with many years behind it and a positive reputation to back it up, as opposed to something relatively new and experimental. On the other hand, all the big names and trusted options in Investing were once new and experimental, and the quality of their service earned them the success they have today.

My advice to anyone considering Bitcoin would be:

If the water isn’t clear as crystal, you should examine it first before jumping in.

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pezflash says

It’s also stunningly secure and near impossible to track.

Not agree at all. Nowadays BitCoins are like a huge world Casino, kind of rules, hidden faces behind. At least on Casinos rules are clear, although you still don’t know who you are playing with; so, better invest on BlackJack.

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savastgfx says

Has bitcoin any future in this case?

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ToivoMedia says

Value powered only by speculation. Like dogecoin. I find dogecoins very threatening to bitcoin, because it is the same thing, but has other name. Makes you think why bother. I mean, other than playing the game, to win some money from gambling.

Dogecoin? Sounds legit.

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Australia says

thats a BITECOIN isnt it lol

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WebSmacker says

^ hilarious :)

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