This guy bought an apartment with Bitcoins =


http://www.news.com.au/money/money-matters/norwegian-student-kristoffer-koch-buys-27-in-bitcoin-in-2009-now-he-owns-an-apartment/story-e6frfmd9-1226748159679

The guy now has $$885,520 IRL moneyz, all the way up from the $27 that he used to buy 5000 Bitcoins in 2009. Looking at some charts, it seems like ever since its inception 4 years ago, Bitcoins has crashed a coupe times, but has constantly gone up, recently hitting $200 per BTC. How high will 1 BTC go?

its peaking now because the shutdown of silkroad removed alot of bitcoins from the market, it'd go down soon since theres little use for it now, what BTC can do a card does better.

Lol

nn btc

except my IRL money has been sitting in my savings account for years, gaining only a fraction of a percent of interest annually. Can't even keep up with inflation

bitcoins are looking more and more like a good investment everyday

damn lol

ya lol, dat prophet

quite the gamble

when i used it, it fluctuated ALOT. one day it'd be 130, next 90. GL if you're gonna try it

dafuq is bitcoins

this is just a publicity thing just to advertise and get people to use bt.

There is a property management company in Vegas you can lease through, using Bitcoins of course.



Bitcoins are deflationary, the change in value in comparison with the dollar is always going to be varied and random but the game of arbitrage between currencies like USD and BTC is time.


This post was edited by killgoreisleet on Nov 1 2013 04:29am