Tag: Bitcoin

#the slices of bitcoin

How many wish to see a coin worth $19,000 of nothing…?

Pretty stupid to ask, eh?

On the morning of theĀ tenth, the term ‘bitcoin’ amazed me. My memory of its existence aged five years from now, when it happened, quite accidentally to read a blog on cryptocurrency. Some said that it is completely volatile while some demonstrated that it is a bubble. When Warren Buffet quoted bitcoin as a mirage, My interest escalated to know about its existence.

After few hours on internet, I came to a conclusion that

Bitcoin is a black hole of the digital currency…

No one ever quoted the above sentence but I felt it at the end of my reading. The money becomes irrelevant as ‘time-in-space’ in the universe of cryptocurrency. Money goes into it and we could only multiply in terms of bitcoin.

Read the sentence below,

”At the current rate of price growth, it is said to reach $100,000 by 2018…”

The trick or The truth…

Whatever it may be but if it happens, the investors will form a herd and as such, it becomes a giant bubble with lesser strength. I think that the economy in the near future will be more fragile than we’ve ever witnessed. But I agree with the fact that money should keep you happy instead to earn more with a load of tension…

If you ever buy bitcoin, make sure that you can handle the worst…

 

-Thank you for reading…