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Old 12-12-2017, 08:05 PM #7
user104658 user104658 is offline
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Join Date: Jul 2013
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user104658 user104658 is offline
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Join Date: Jul 2013
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Quote:
Originally Posted by DemolitionRed View Post
You didn't need to know about it ten years ago. You needed to know about it at the beginning of this year. If you bought £1,000 worth of bitcoin in January, it would now be worth £8,500
Yeah but if you bought £1000 of bit coin in 2010 it would be worth £260 million. They were 5p each .

Even a year to 18 months in, you could get a bitcoin for a dollar. So £1000 worth would now be approx £13,000,000.

Insane. But it's all effectively gambling. That said, I can see it peaking at over the 100k dollars mark so it's still worth punting a few £ on if you have it spare. Basically it'll either increase another 10+ fold OR it will bust completely (predictions are that when it busts, it'll settle at around $1000). So consider it an all or nothing bet and hold onto it for a bit .

Its not that easy to buy these days though, you have to sign up for a proper currency / stock exchange website and provide scans of passports, etc.

Obviously you can buy it anonymously on the darkweb but it costs like double.
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