How much is a Bitcoin WorthWhat is the value of a bitcoin?
Had you decided on bitcoin a few years ago, your investments would have been worthwhile. The CoinDesk website - whose Bitcoin price index shows the price of the Bitfinex, Bitstamp, Coinbase and It - reports that the value of Bitcoin was particularly variable towards the end of 2013:
December alone saw the bit coin peaking at around $1,000 and bottoming below $600. At that time, if you had bought a $1,000 bit coin at $600 apiece, you would have just over 1.6 bit coin. Had you bought a $1,000 bit coin at $1,000 each, you would have one bit coin.
From Thursday, the value of bitcoin was just over $16,500, according to CoinDesk. On the basis of this value, a bit coin would be worth just over $16,500 and 1.6 bit coin would be worth more than $26,400 today. With the wisdom or happiness to make investments even sooner, you could be in the Winklevoss Twin Society in 2010, considered the first Bitcoinbilliaraires.
With Bitcoin becoming more popular, some of the greatest players in the financial world weigh in. However, experienced traders are also cautious about the many successful Bitcoin investment histories. Billiardaire Mark Cuban and "Oracle of Omaha" Warren Buffett are warning against the bitcoin fluctuation. At a recent Council on Foreign Relations meeting, Jack Bogle, the iconic investment and index funds bogus, said: "Avoid bitcoin like the plague."
"The Vanguard founders said, "Bitcoin has no underlyings. There', he said,'nothing to help Bitcoin except the hopes that you will give it to someone for more than you pay for it. Whilst big players like Bogle have taken either pro- or anti-bitcoin positions, others, such as self-made millionaires and bestselling authors of "Money:
Robbins is targeting a certain amount of his own account at high-risk businesses, but he doesn't depend on them to work. He said, "I know it's for laughs, I know I could lose." Gamble only with cash you can buy to loose.
It is Tony Robbins who tells us why he thinks of Bitcoin as much as he does of playing in it.