Thread: Investing 102
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Old 04-08-2013, 07:42 AM
Tony_SS Tony_SS is offline
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A few pages back I was crowing about Bitcoin at $70 each. Many friends of mine screamed "bubble!!!" at that price and ran away... not me. Right now the price is $190.00 / bitcoin.

The question remains, is it an exploding market searching for its true value? Or is it a gigantic bubble?

Personally, I still think this is a good price. Markets are emerging, companies are creating ATMs for Bitcoin and we will see its use streamlined and mainstreamed. I think the opening door to get in is closing fast though. But I could be wrong, millions of users could decide to sell at once or have security breach at an exchange to drop the value. If that happens, I'm buying!
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