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Author Topic: How one eyed financial pieces are  (Read 728 times)
jubalix (OP)
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September 10, 2014, 02:50:30 PM
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"Consider for a moment that $100 parked in the S&P 500 at beginning of 1965 would be worth an astounding $9,841 by the end of 2013. This is a distinctly clear display of the true beauty of both the American economy and the rewards of buy-and-hold investing.

But what would that same $100 be worth if it was put into the hands of Warren Buffett at Berkshire in 1965?

Words don't do it justice: $693,518."

http://www.fool.com/investing/general/2014/09/07/warren-buffetts-right-hand-man-reveals-his-secrets.aspx


so over with buffet 50 years you get a 7000x return.

BTC on first listing, circa 1400BTC per USD.

now $400~$500 = 1 BTC in what 6 years is a 700,000x return.

This is 3 orders of magnitude greater than Buffet.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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B1tc01n5
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September 10, 2014, 05:10:00 PM
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Everyone knows if you own 1 BTC now you'll be rich eventually, but fuck, im 25, I want to be rich while young, not as a 80 year old grandpa  Cry
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