Warren Buffet said: Invest in what you know. With various articles about Bitcoin, would you invest in it? Why or Why not?
If Bitcoin Is So Secure, Why Have There Been Dozens of Bitcoin Bank Robberies And Millions In Losses? http://www.businessinsider.com/the-history-of-bitcoin-theft-2013-11
CLAIM: Bitcoin Is Basically For Criminals http://www.businessinsider.com/claim-bitcoin-is-basically-for-criminals-2013-11
Silk Road's 'Dread Pirate Roberts' Used $20 Million Bitcoin Fortune To Order 6 Assassinations, According To Feds http://www.businessinsider.com/silk-road-boss-ordered-6-assassinations-and-owned-20-million-in-bitcoins-feds-claim-2013-11#ixzz2lrrpPDhd
I would personally try to invest in some cheap cryptocurrencies like those from https://www.crosslytics.com/penny-cryptocurrencies/. You will not need a lot of money for it, but you can earn really a lot if the currency grows fast. I think you will find it interesting and will be able to earn some nice money there. Good luck with it ;)
Bitcoins are a complex proposition that most of us don't really understand yet. Investment is usually based on facts and numbers, something that there is little around Bitcoins at the moment. Many people have made money in Bitcoin but its purely speculation and luck. A lot of people have lost money, again because of speculation and luck. So currently there is no real way to 'invest' in Bitcoin, you can just gamble like you do at any casino.
Here http://promocodius.com/us/shops/genesis-mining you can get some coupons to get a discount on genesis mining. When you hear the words 'cryptocurrency' or 'bitcoins' you don't even guess that these words are indeed the keys to the future! Today money is earned on the internet by computers, not people!
Yes, I put money in Bitcoin and tell you why. This is very risky, but when Bitcoins only developed as a currency and distributed free of charge by 5 units for registration on the site, even if I got those first 5 Bitcoins. Then my friend gave an additional 10 units. After half a year, they began to rise sharply in price, and I realized that I needed to buy more. Now I'm always in control of price changes on http://mining-profit.com/bitcoin and say that after a sharp fall will be a sharp rise.
The latest for those following:
And it looks like Chase is getting ready to release their own version of Bitcoin soon.
Also (to amend too Warren Buffet) do what others (masses) aren't doing (CONTRARIAN. : investing), create attraction, the money will follow.
As an options day trader for over three years- I would get asked whats a good stock or trade tip...Answer: never listen to a stock or trade tip.
The action already happened.
So I have answered your question twice.
If a currency can’t even stay the same value through the duration of a transaction, it can’t very well serve as the basis for a revolutionary new online economy.http://www.businessweek.com/articles/2013-12-02/bitcoin-cant-be-a-better-dollar-if-its-a-newer-tulip
Because of the risk of price fluctuations and the fact I know very little about them, I wouldn't invest in bitcoins. But I definitely still think they have some potential. For somebody who is well-versed in everything bitcoin and understands the risks, there could be a payoff.