Advertise with us (we do not endorse any site advertised)

Author Topic: Suddenly, Everyone's Talking About Bitcoin...  (Read 1290 times)

0 Members and 1 Guest are viewing this topic.

Offline bitcoinforum.comTopic starter

  • Administrator
  • Legendary Member
  • *******
  • Joined: Nov 2011
  • Location:
  • Posts: 1497
  • Country: bz
  • Thanked: 52 times
  • Karma: +40/-1
  • Gender: Male
  • The Bitcoin genie is already out of the bottle.
    • View Profile
I was at a technology conference earlier this week, and the most popular topic of casual conversation was Bitcoin, the electronic currency invented and unleashed a few years ago. Interestingly, the conversation started before Bitcoin prices went bananas earlier this week.
During dinner on Sunday night, Bitcoins were worth about $35 apiece.

By the time the conference ended this morning, they had hit $49.

That meant that one of the folks who extolled the virtues of Bitcoin to me at dinner on Sunday had booked an electronic profit of 40% on his Bitcoins in three days.

Not bad!

According to this chart below, though, the value of Bitcoins has now crashed all the way back to $34, so the profit was shortlived. It was presumably nice while it lasted, however. And the price is still much higher than it was a year ago. And many multiples higher than it was two years ago.

Read the full article
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
Latest stable Bitcoin version
Latest stable Electrum version


your ads here