Are you now ready to invest $500 in bitcoin?

mrees999
By mrees999 on Mon, Jan 4, 2016 - 3:37am
Yes
43% (6 votes)
No
7% (1 vote)
Almost
14% (2 votes)
Only $500 and not $5,000?
29% (4 votes)
What's a bitcoin?
7% (1 vote)
Total votes: 14

The mainstream financial news is finally talking about the bitcoin blockchain seriously. A quick internet seach on 'blockchain' will likely bring up hundreds of recent articles and was famously featured on the cover of "the Economist" in November.

http://www.economist.com/news/leaders/21677198-technology-behind-bitcoin-could-transform-how-economy-works-trust-machine.

Visa Europe is converting their payment rails to work on bitcoin's blockchain. One billion dollars of new VC startup money is now funding hundreds of new companies and most seem to be in agreement that blockchain technology will drive financial services growth for the next decades. 

Do you know about the blockchain and understand the principals of the inner workings that make bitcoin work? Some guys with PHB's are predicting possible prices for a single bitcoin measured in millions. People loosing faith in debt based banking system are also learning and converting to the mathematical reasoning behind the automated frictionless smart contracts and payments.

Discussions are maturing and reasonable. The volatility of the new creation is becoming more tame. Hi net worth people know consider it a must to have a small portion of bitcoin for diversification. 

 

Is it time for you to start taking it seriously?

 

 

 

 

2 Comments

Jim H's picture
Jim H
Status: Diamond Member (Offline)
Joined: Jun 8 2009
Posts: 2391
Thank you for the commentary and the poll MREES

I await the second coming of Bitcoin...   : )

mrees999's picture
mrees999
Status: Gold Member (Offline)
Joined: Aug 16 2013
Posts: 431
Are you now ready to buy bitcoin at $500?

Would you buy bitcoin at $15,000 not even 2 years later?  If you could go back, how much would you have purchased at $500?  Were you still snickering?  Now it is 25X from this post that had only one reply. Where are you on the blockchain learning continuum? 

 

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