Title: [2017-05-05] Mint: The day I wished I had bought more bits Post by: polynesia on May 11, 2017, 12:21:23 AM The day I wished I had bought more bits
http://www.livemint.com/Money/g5s4t0BJ4wUgmPPYF8mOsO/The-day-I-wished-I-had-bought-more-bits.html On Friday morning, a notification bleeped on my smartphone. It read: “Bitcoin at Rs100,647.” For those who’re still living in caves, bitcoin is a crypto-currency created through encryption techniques. The value of a bitcoin has breached the Rs 1 lakh mark, making me wish I had bought more bits—or fragments of a bitcoin that one can buy and sell. One million bits make a bitcoin. I bought one lakh bits in September 2016, and these have given me a 142% point-to-point return. |