http://www.bbc.com/news/business

Looks worth it.

bitcoin has nearly 3.5x'd this year in just over 7 months. Every time someone tries to tell people interested in investing in it that they will lose all their money I just feel awful for both the person giving the bad advice and the person who might be swayed by it. The other crypto currencies are much less sure (you can make a ton of money or lose a ton of money depending on when and what you buy), but bitcoin is and has always been on an exponential rise. When I first bought bitcoin back in 2013/2014 I lost most of my money because I tried to day trade and was terrible at it (lots of panic buying and panic selling) and ended up just selling what I had left when bitcoin was at its lowest price in 2015. If I had just sat on that bitcoin I'd bought my initial $12k investment would be $60k now. And this Spring since I got back into investing in it my investment of $14k is now at $32k - more than doubled my money in around 3 months, and in a few years I have no doubt my investment will be worth hundreds of thousands.

The right time to buy bitcoin is always right now.

Hell I finally convinced one of my brothers to get some bitcoin a month or so ago, he's already up around $800 on a $2500 investment. It's a once in a lifetime investment opportunity. Anyone who is a naysayer or listens to the naysayers is gonna be kicking themselves in the future for passing by the easiest money of their lifetime. It's like if someone convinced you not to buy apple stock back when it first went public, except its not like that because bitcoin is a much much better investment than even that.

Made over 100k investing in cryptocurrencies (mostly Ethereum and Bitcoin) in less than a year. Not saying I wasn't a little lucky with my timing, 'cause I was. But still, cryptocurrencies aren't going to disappear all of a sudden, there is a lot of future in blockchain technology. Many financial and tech-related companies are already heavily invested in it.

Hmm, this will surely be a nice test for the anarcho-capitalists/libertarians who want currency that isn't tied to a state/federal system.

At least you made a better investment than these people
http://www.eurogamer.net/articles/2017-08-08-a-purple-miniskirt-for-playerunknowns-battlegrounds-is-selling-for-over-300



Perhaps you can invest in those as well, yet there is a one week waiting period before relisting.

There is a reason why "greater fool theory" is called that way.

Bitcoin is currently in its Mania phase on diagram, that's the reason why it's gaining so much "value". But, it's just another bubble.

Now, as somone who profited in life from some bubbles, I'm really entertained by people saying that something will just keep rising, especially when certain something shows all the signs of bubble.

But as I said, some people will get very rich (many already have), and many, many others will loose a lot of money.

There is future in blockchain, it's just not Bitcoin and all other private unregulated currencies (not that any of them are currency to begin with).

Something like FedCoin/BitDollar will come and then that will actually be money.

Yep, sad but true. Like most innovations created to enhance our life bitcoin will be used like most tech is. Utilizing the potential for profit, security, and analytics. Leaving the status quo of elites in charge with more power. I read article by a major bank i forgot which outlining how removing open source and etc. would allow banks to predict consumer behavior if it can view all transactions.

Like I said, I feel awful for the person giving the bad advice (you, here) and the people who will listen to it.

Bitcoin is not in its mania phase haha, far faaaaaar from it. It is still in its smart money phase (i.e. most people haven't even heard of it yet, let alone have any money in it, and most people who have heard of it only hear about it when its making news for going up so much and so everytime those people hear about it they claim its in a bubble, no matter how many times it goes up, the "bubble" pops temporarily, and then it keeps heading higher. Institutional investors haven't even started getting into it yet, let alone the public heavily adopting it. It is still incredible niche, hardly anyone has bitcoin yet on the global scale. Its going up so quickly because it is at the very bottom of the exponential curve.

Wait a couple years, until any investment firm worth anything allows people to buy bitcoin through them and people start to view having bitcoin as a normal part of their investment portfolio. Price will be at the very least several tens of thousands if not over a hundred thousand dollars a coin by then, and still heading skyward.

Well, yeah. Maybe.

remember that time I loan you some money? it's time to pay up.