Quote:
Originally Posted by jscott
I think its time for you to learn what it does. Everyone buys Bitcoin at the price they deserve. Time to start learning & completely understanding why it exists, why it will always exist & what it does.
edit: start by asking questions, lots of Bitcoin fundamentalists here.
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I think I have an idea of what its all about but the thing is I don't care about fiat money and all the things some bitcoin people say will happen one day with banks or whatever. I just want an easy money investment. Everyone uses it as an investment and not a currency, the price is up and down all the time and its too complex for day to day use for the average person I don't believe bitcoin will ever be widely used to buy stuff. I do believe there will be an accepted digital currency but it won't be bitcoin. The real thing to come out of bitcoin is the blockchain.
Investing in bitcoin now, I feel like a sucker since I could of invested when it was $70 a coin. I see no real point in investing now as even if it goes up, I am not going to make hundreds of thousands or millions off it now. I can make an extra 10k a month off my current investments just putting a bit more into them.