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Old 01-02-2018, 01:05 PM   #17
AndyC
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Join Date: Dec 2011
Posts: 4,285
Quote:
Originally Posted by Jeff P View Post
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

.
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.
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