Bitcoin Forum

Bitcoin => Press => Topic started by: LiteCoinGuy on July 08, 2014, 09:09:13 AM



Title: [2014-07-08] Video Bloomberg: Bitcoin May Transform Economic System - Draper
Post by: LiteCoinGuy on July 08, 2014, 09:09:13 AM
Bitcoin May Transform Economic System

http://www.bloomberg.com/video/bitcoin-may-transform-economic-system-draper-says-kjFEAMz_QMaaOHj~A46IqQ.html


Title: Re: [2014-07-08] Video Bloomberg: Bitcoin May Transform Economic System - Draper
Post by: colinistheman on July 10, 2014, 11:03:58 PM
Great video.

He confirms that his 30000 bitcoin purchase was a longterm investment. He seems very knowledgeable about the subject.

I have a feeling that while he paid the most of all bidders for his 30000 BTC, that his investment was probably one of the best he will make. That is going to turn into a LOT of money down the near road.


Title: Re: [2014-07-08] Video Bloomberg: Bitcoin May Transform Economic System - Draper
Post by: Cranky4u on July 10, 2014, 11:10:22 PM
Still kicking myself for buying $2K of HW instead of $2K of BTC when it was US$2 per BTC...would have had 1000BTC

Oh well..keep on mining


Title: Re: [2014-07-08] Video Bloomberg: Bitcoin May Transform Economic System - Draper
Post by: Cranky4u on July 10, 2014, 11:15:35 PM
Watched the clip...pumped it out across my workplace  :)


Title: Re: [2014-07-08] Video Bloomberg: Bitcoin May Transform Economic System - Draper
Post by: colinistheman on July 11, 2014, 02:32:56 PM
Still kicking myself for buying $2K of HW instead of $2K of BTC when it was US$2 per BTC...would have had 1000BTC

Oh well..keep on mining
Damn, sorry to hear that!

That does make me feel a little better about buying $5k of hardware instead of bitcoins when they were about $130 each. But I feel your pain. In retrospect, buying bitcoins has so far always been the better bang for the buck.