April 10, 2013
As Bitcoin prices charge ever higher, the same people who were dismissing Bitcoin as a “bubble” at $35 six weeks ago are now huffing about it being even more of a “bubble” at $235.
And maybe they’re right.
Maybe, someday, Bitcoin prices will collapse 99.9%, impoverishing everyone who owns them.
But in the meantime …
Those who are trading Bitcoins — and, more importantly, owning Bitcoins — are making money hand over fist.
And here’s what the latter folks understand that the those who are huffing about “Bitcoin bubbles” don’t:
The most you can lose if Bitcoins go to zero is 100% of your money.
The most you can make, meanwhile …
This article was posted: Wednesday, April 10, 2013 at 4:40 am