This guy bought at 900. Have to admit , watching the roaches trade bc is more fun than the real market.
I know, sarcasm is your trade-mark. But deep inside you know: On 1-Jan-2013: Had you invested only 0.6% of your fortune in Bitcoins (and left the other 99,4% on your bank account), you would still have beaten the 23% risen S&P index today (this calculated with the current price of 500 USD per bitcoin, while it even peaked 900 a few days ago). For 2012 you would have needed 5% (sadly I have no quotes of 2009 till 2011, but for sure, those years were very profitable as well). Nobody knows what 2014 and later will bring, but I think that risking 1% to an innovative and very promising disruptive technology isn't bad at all. Especially when it has the prospects of an S-curve investment: http://www.youtube.com/watch?v=qHUPPYzzZrI&list=PLzctEq7iZD-7-DgJM604zsndMapn9ff6q I will post on 31-dec-2013 and 31-dec-2014 again, to show you my results. And then you can laugh when I lost my 1%, or I laugh when it went to-the-moon.
I didn't know I had a trademark, now I'll have to defend it. If you want to play things that go up and down, you can do that all day in the stock market, with less slippage and better odds.
Yes indeed....I do that as well with my other 99% (but I have to admit it's a lot more work, stress, and emotion).
And a bubble it was, now trading under $200, was once $1000+ Still has plenty of room to fall, but don't tell that to all the bitcoin holders, they think it's going to infinity.