I think the most important thing in Bitcoin that I have learned is that you never know what the hell the price is going to do.
It is unique as a world currency, something could happen on the other side of the world that you never heard of that changes the game. I'm still just pleased that we've held over $250 for 2 weeks. I purchased my plane ticket for Christmas in bitcoins at $270 because I thought that was high. I have a cruise that I booked that I have to pay for by January...I've been holding off on paying that until a big jump. Now I'm wondering how high this thing will go.
It is unique as a world currency, something could happen on the other side of the world that you never heard of that changes the game. I'm still just pleased that we've held over $250 for 2 weeks. I purchased my plane ticket for Christmas in bitcoins at $270 because I thought that was high. I have a cruise that I booked that I have to pay for by January...I've been holding off on paying that until a big jump. Now I'm wondering how high this thing will go.
Instead of getting 1 or 2% returns per day , we may experience some 10 or 20 % days, so it seems like we should prepare for that.