[2014-07-08] Video Bloomberg: Bitcoin May Transform Economic System - Draper

[LiteCoinGuy]

Bitcoin May Transform Economic System

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

[colinistheman]

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.

[Cranky4u]

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

[Cranky4u]

Watched the clip...pumped it out across my workplace 

[colinistheman]

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.