Post
Topic
Board Trading Discussion
Re: Does Bitcoin have a future?
by
malami
on 23/07/2017, 20:56:48 UTC
You can claim I'm ridiculous, but anyone who purchased £1,000 of Bitcoin in 2009 would be a multi millionaire now.
You couldn't buy Bitcoin as soon as it started.  You would mine it or claim it from Gavin's faucet.  A bit later when Bitcoin was first traded, it would have taken far less than £1000.

Now that Bitcoin is established with a significant market cap (rather than being almost worthless like it was in 2009) those sort of astronomical rises are extremely unlikely.  Your faucet claims will still be dust.

Yep a couple pizzas were worth 10,000 btc. That would now be worth almost 30 million dollars if you just held on to them the whole time.