Posted: Mar 05, 2019 9:14 am
jamest wrote:From the one and only bitcoin thread in this forum, dated late May 2012:SeriousCat wrote:Well, BitCoin has stayed rather stable at around 1 BitCoin to $5 (USD). It's really more of a currency for maintaining anonymity. For that purpose, it's been quite successful.
http://www.rationalskepticism.org/socia ... l#p1330976
This is 6+ years later, and amidst the second major plunge/bear-market since that post, its price is now close to $4000. 14 months ago its price was close to $20000.
Do the math, ladies and gentlemen, remembering - most importantly - that cryptocurrency is only a decade of age. It's relatively unknown and of those that know about it only a minority of them have any knowledge/clue about the values of it.
Don't let fear and normalcy values dictate your attitudes here. As I said earlier, this is a new revolution on a par of significance with the industrial revolution that happened 2+ centuries ago. Don't let old farts and conservative values prevent you from getting in before it's too late.
If it's gone from $5 to $4000, I'm interested in what your definition of "too late" might be that includes the present as "not too late".