12-20-2013, 10:18 AM
It's all about entry point of course. Bitcoin has since it's inception been an extremely volatile currency, as all new currencies are. It has to build a path towards legitimacy and stability. It's because the world still doesn't know about it yet, so whenever a major story comes out about it, it drives up interest to an extreme. At some stage, if/when it has a clear legitimate place in the world markets, the price will stabilize. Or continue to go up in value as it will be the only widely used currency with next to no inflation potential.
If I actually manned up and bought it at $80 a bitcoin when I should have, I'd still be a very happy camper. Or you could be this guy who turned $27 in $886k.
<!-- m --><a class="postlink" href="http://www.theguardian.com/technology/2013/oct/29/bitcoin-forgotten-currency-norway-oslo-home">http://www.theguardian.com/technology/2 ... -oslo-home</a><!-- m -->
If I actually manned up and bought it at $80 a bitcoin when I should have, I'd still be a very happy camper. Or you could be this guy who turned $27 in $886k.
<!-- m --><a class="postlink" href="http://www.theguardian.com/technology/2013/oct/29/bitcoin-forgotten-currency-norway-oslo-home">http://www.theguardian.com/technology/2 ... -oslo-home</a><!-- m -->
