[2014-09-06] Why I'm investing in bitcoins (Updated)

[patricktim]

http://www.vox.com/2014/9/5/6086171/why-im-investing-in-bitcoins

This isn't the first time I've invested in the cryptocurency. In early 2012, I bought some bitcoins for around $7 each. I held them until May 2013, when I took a new job at the Washington Post. The Post's strict ethics rules required me to sell them for around $120 each. That proved to be a huge missed opportunity, as bitcoins skyrocketed to more than $1000 before the end of 2013.

[1715379478]

1715379478

[1715379478]

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[1715379478]

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[1715379478]

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[picolo]

http://www.vox.com/2014/9/5/6086171/why-im-investing-in-bitcoins

This isn't the first time I've invested in the cryptocurency. In early 2012, I bought some bitcoins for around $7 each. I held them until May 2013, when I took a new job at the Washington Post. The Post's strict ethics rules required me to sell them for around $120 each. That proved to be a huge missed opportunity, as bitcoins skyrocketed to more than $1000 before the end of 2013.

And can you buy some again now?

[cr1776]

http://www.vox.com/2014/9/5/6086171/why-im-investing-in-bitcoins

This isn't the first time I've invested in the cryptocurency. In early 2012, I bought some bitcoins for around $7 each. I held them until May 2013, when I took a new job at the Washington Post. The Post's strict ethics rules required me to sell them for around $120 each. That proved to be a huge missed opportunity, as bitcoins skyrocketed to more than $1000 before the end of 2013.

And can you buy some again now?

No. :-)

See:

http://www.vox.com/2014/9/5/6110897/we-made-the-wrong-call-on-buying-bitcoins