One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

It’s reasonable to wonder – as the hard fork between Bitcoin and Bitcoin Cash is solemnised by last weekend’s convulsions – why Bitcoin’s value has kept on rising. There’s been a 23-fold increase in price over last two years – is it over now? Will BCH steal its thunder and leave Bitcoin gasping? Probably not…

Of course what has risen is the price; as to the value, that has yet to be determined. Value depends not only on scarcity but also utility. Lately, the biggest utility has been the profit that can be taken by selling Bitcoin. Now that it’s down from its peak thanks to BCH, we can maybe start to put a price on value

You better get a Mining hardware to make your time worth since you will eventually end up paying your internet and electricity bills. Even if you are in solo or pool mining, for the current difficulty (2.4122720023e+11), you will need at least 12Ph/s to gather a full bitcoin block (12.5 bitcoins) in 24 hours.

1. The first Bitcoin purchase was for pizza.
2. The inventor of Bitcoin is a mystery.
3. Bitcoin is untraceable & Bitcoin is NOT untraceable.
4. If you lose your Bitcoin private key, you lose your bitcoins.
5. Bitcoins don’t grow on trees.

All the Reasons Cryptocurrencies Will Never Replace Gold As Your Financial Hedge. Olivier Garret , Contributor Opinions expressed by Forbes Contributors are their own.

haha, I was still busy on reading about bitcoin, and always checking the price, I sometimes dream at night, and all I see is the cryptowat.

Whoever he/she is, s/he's a legend! and should remain unanimous as long as he/she wishes. I truly hope he's now enjoying the fruit of his labour.

Bitcoins have ushed the era of next financial revolution as a form of Cryptocurrency. Bitcoin's most important characteristic, and the thing that makes it different to conventional money, ...

 THE latest bitcoin price boom is being driven by Wall Street's “ growing embrace” of the cryptocurrency, according to a leading economic historian.

 am a fan of Bitcoin. I always try to earn Bitcoin,I think a country can bring prosperity to Bitcoin.Bitcoin has reduced the unemployment of many countries.

Cryptocurrency users are in full control of their funds, which also means they bear the full responsibility for sending money to the correct address. Sending funds to a wrong address can have very dire consequences. Thankfully, it is virtually impossible to send Bitcoin to a wrong block chain. However, should the transfer be accepted because it is recognized as a valid address, things can get out of hand very quickly.

 "Bitcoins are neither legal nor illegal in India" · How to keep your money safe if you want to invest in ... I am not sure if I'll be able to recover my remaining investment in this scheme,” he says.

Governments may fear Bitcoin because its value is determined by users and not central ... To an increasing number of people, that promise means nothing.

 So much noise about a bubble in the cryptocurrency but each Bitcoin has a potential to reach $619 over 10 years and that is only modest gain.

Bitcoin and other cryptocurrencies are so new that the market is still essentially trying to figure out their value. ... As expectations about the future potential of a startup shift, the perceived value of that startup changes too, and can fluctuate wildly.

Below are a few benefits of using bitcoins which make it better than any conventional currency: ... Less volatile than cash: Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online.

Bitcoin shot through the $10,000 (£7,440) barrier on Monday and by the time you read this it has probably gone through $11,000 – the last quote I saw was $10,831.75. So let's make a prediction. A bitcoin is worthless. Its price will crash and everyone who thought they had made fortunes will wake up with sore heads.

Experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.

EXCLUSIVE—All eyes are on bitcoin as 2017 draws to a close: will the notoriously volatile cryptocurrency end the year at a $10,000 value?

Bitcoin seems to be everywhere these days. Finding a place to spend it is another matter entirely.

Who Really Affect Bitcoin Exchange Rates ... control exchange prices or transactions, as they do with national currencies, they can affect it in other ways.