It takes 2 to 4 weeks for a newcomer to learn about bitcoin, set up a Verified account and wire funds.
IMO the recent good news, press coverage and anticipation of new money is already reflected in the price.
IMO the recent good news, press coverage and anticipation of new money is already reflected in the price.
It took me 18 months ...
First time : great idea ! Will not work.
Second time : Bitcoin ? Yeah it kind of reminds me something...
Third time : OMFG why didn't I dig deeper the first time ? Hope it's not too late now ... (Answer : no it wasn't)
Similar story for me. I literally tried to start mining with the qt client though as I didnt quite get it the first time around. Thankfully that was in 2010