RiffRaff posted:SO, who making money on this...it just went past $12K...and is poised to go even higher, some predicting it could go as high as $100K
Is this a massive farce or is it for real?
Riff,
I have been mining digital coins from day one and actually bought Bitcoin at $ 125. Yes $ 125 when it crashed in the early days.
No one knows where this digital currency boom will end up. Some are saying 100,000 for bitcoin and some are saying it is a bubble which is about to burst.
This currency is very, very risky to invest in but it looks like billions are being pumped into Bitcoin.
I mined mainly litecoin which has also risen in value.
I recently pumped money into IOTA coins. It went from $ 0.37 to $ 4.78 this morning. This is another coin poised to rise. It was adopted by Microsoft, VW and a few others.
No one really knows where these coins will end up. It is a big risk but like any other thing in investing, it brings massive rewards. I recommend for potential investors to speak with a financial advisor before investing in high risk digital currency.
It is definitely not for the faint hearted.
Yuji (Early Digital Coin speculator)