Hey Everyone,
I am not a bitcoin miner but I do support it and want to invest in hopes of making some extra $$$. I've been watching the bitcoin price rise and drop over the week and I am unsure when to buy. Before I do though, I have a few questions:
1. Where do you see the price of the BTC by 2013? (BTC/USD)
2. Is it stable enough now or could the bitcoin system easily crash and turn into nothing?
3. If you personally had $10,000+ to spare, would you invest it in bitcoins?
4. Is it going to reach $1000/btc eventually or is $15-20 (current price) pretty much the standard price now?
5. When would you buy? Now? In a week? Explain.
Any advice/help/opinion is welcome and thank you in advance!