Re: I hope that you didn't buy your Bitcoins on Friday - OT- informal poll re board members and bitcoin
I made a recommendation to buy Bitcoin and Ethers. Ethers have gone from $150 since that comment to over $200, while Bitcoin has popped off recent lows and moving back up. Ethers have a better block chain technology then Bitcoin and could be the one to move the most. That is the reason I recommended a little of each.
Over 100,000 places in Japan now take Bitcoin. Australia has now recognized Bitcoin as a currency in that country. This is not Beanie Babies as we have a globally accepted product. I could go on and on in this regard, but you can google a lot of information on WHY some experts believe it could hit $10K on Bit this year and $500 on Ethers before the year is out.
Its value is based on multiple factors including the fact that plenty of places accept it as a way to conduct a transaction. As I stated you can even buy gold with Bitcoin. You also need to read up on Block Chain technology and what it means for conducting transactions like passing secure information like contracts, documents, people's personal information and a host of other data. Its not just about buying goods and services.
Look I'm not an expert, but last week 40K new accounts were opened on one exchange (coinbase) and that might just be the tip of the iceberg. Again no harm throwing in 1% of your investment funds into it. Hell I know people that buy a stock and it makes up 20-30% of their portfolio in that one entity. Cost average in a weekly basis. I don't know your net worth, but its easy on these platforms. Buy $100-$200 a week for a few weeks or just throw $2K at it and don't bother watching it. Just an idea and again not a sales pitch.