Quote:
Originally Posted by Jeff P
Suppose someone had the foresight to purchase (say) $50.00 worth of Bitcoin back in Feb, 2011 or March, 2011...
Fyi, back then a single Bitcoin was selling for approximately one US Dollar.
Right now as I type this, that $50.00 investment would be worth more than $600k.
Would you still characterize that person as a fool?
-jp
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It might look like an investment now but it looked more like a "bet" back in 2011. Now it looks like a casino where a player needs to step up from the $5 table to the $10,000 table. There are a lot of rich fools in the world along with a lot of broke geniuses.