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Chris Guffogg
Alekhine's Gun

🤔 Bolton

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What is this all about - RT/CNN/SKY/BBC.

Reading the paper, watch t.v. & the net. I simply don't get it?

I do like Max Keiser & his sidekick - to me they seem pretty much on the ball but Bitcoin?

mchill
Cryptic

Behind the scenes

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@hells-caretaker said
What is this all about - RT/CNN/SKY/BBC.

Reading the paper, watch t.v. & the net. I simply don't get it?

I do like Max Keiser & his sidekick - to me they seem pretty much on the ball but Bitcoin?
If you find out more, please let us know. I confess I've not kept up with bitcoin, and have only a vague idea of how it operates.

E

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@mchill

You buy something from that has no regulation or transparency. If the value goes up sell make money. If the value drops you are screwed.

Chris Guffogg
Alekhine's Gun

🤔 Bolton

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@mchill

1 bitcoin is worth ...

2010 about 1 cent in May
2011 $1
2012 steady growth and hits $13 in December
2013 volatile year valued at $500 - $1300
2014 more volatility $400 - $1000
2015 crash! $200 - $500
2016 topped at $780 in November
2017 growth year - December max ... $19,783 !!!
2018 finishes the year at $3,300
2019 by May was $8,000 doubling anyone's money who invested in January.
2020 currently 1 bitcoin = US$9,500

So a dollar 10 years ago would be worth a MILLION DOLLARS now.


Taken from a post in the main forum [wolfgang] I think.

Ponderable
chemist

Linkenheim

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@hells-caretaker said
@mchill

1 bitcoin is worth ...

2010 about 1 cent in May
2011 $1
2012 steady growth and hits $13 in December
2013 volatile year valued at $500 - $1300
2014 more volatility $400 - $1000
2015 crash! $200 - $500
2016 topped at $780 in November
2017 growth year - December max ... $19,783 !!!
2018 finishes the year at $3,300
2019 by May was $8,000 doubling an ...[text shortened]... o would be worth a MILLION DOLLARS now.


Taken from a post in the main forum [wolfgang] I think.
But remember Tulip Mania (https://en.wikipedia.org/wiki/Tulip_mania)

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