Hello! I bought some BTC back when they were $40 each. They went down to
$10 so I sold them. But then I decided against it and bought 3.475 more,
for around $34.75. I sold the 0.475 the other day for ~$337. I obviously
now wish I'd bought more when they were $10.

My Bitcoins could be diamonds or Beanie Babies, so I don't know if I'm
going to retire on them 20 years from now or just think of them as a
nostalgic joke. Only time will tell.

This is the best (even-handed) thing I've seen recently on Bitcoin:

http://unqualified-reservations.blogspot.com/2013/04/bitcoin-is-money-bitcoin-is-bubble.html

This is the classic (wildly optimistic) thing on Bitcoin, I think:

http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/

And this is something (handy but not amazing) which I built:
http://btcusd.gilesb.com/



On Wed, Nov 20, 2013 at 8:07 PM, Owen Densmore <[email protected]> wrote:

> Just listened to an NPR discussion of bitcoin.  Fascinating!  Good for
> bad-guys, and good-guys.
>
> Families sending money to family in Africa, avoiding huge transaction fees
> for pennies of bitcoin fees.
>
> The Silk Road market where you can buy all sorts of illegal things.
>
> The third world carries its money in their phones.
>
> WikiLeaks who takes BC as their only payment method, due to US pressure on
> international banking.
>
> A Market on the lives of political leaders, on the likelihood of
> assassination, and guys who get a take of the stakes once they prove they
> done it.
>
> BC is illusive. Like another "bit", bit torrent, it's so distributed and
> p2p that its hard to get your brain around it.
>
> Even the Fed Reserve admires it and is interested in its future.
>
> And in terms of legality, it an offense to steal it and a guy is being
> tried for a ponzi scheme involving BC.
>
> And its trading very high against the dollar.
>
> Has anyone gotten involved? Got a bitcoin? They interviewed a cupcake
> business that takes BC and they've made a bundle just on its huge increase
> in value.
>
>    -- Owen
>
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-- 
Giles Bowkett
http://gilesbowkett.com
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