Posted: 5/19/2017 8:57:59 AM EDT
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Just an interesting note:
Bitcoin was at $1,666 per coin last Friday. This morning, it is currently $1,950. Up 17% in 7 days. It was $944 on March 24th, so it is up 106% since then. I lost some $$$ a few years ago when it skyrocketed almost overnight, then crashed just as fast. But this time, it has been steadily increasing since 2015. And it is gaining popularity. More countries are using it. It swings around pretty severely, but over a month it is always up. (since mid 2015 anyway) It is weird how the "experts" are divided on whether it is a fad and will come crashing down, or whether it will hit $20,000 per coin in the next 10 years. I suspect the whole "fad" opinion will end up being laughed at, like how the internet was going to be just a "fad". |
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Quoted:
It could go either way. The only thing that won't happen is Bitcoin stabilizing at some middling level. It's either going to the moon or it's going to nothing. I think Japan just opened the door, which makes me think it is only going to grow. |
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