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RE: Is it Too Late to Invest in Bitcoin?

in #cryptocurrency7 years ago

Nice post, thank you. the really amazing thing about the cryptos is, it is so new that you need to do your own research instead of listening to the news. There is no governance or central power behind bitcoin, and that makes it so valuable. and then of course the costs to create it. this is the huge differnce to fiat, which are not backed by any thing valuable like gold... to mine a bitcoin it costs about 1000 USD. so there is real value. once people get that, they see why it's not just a bubble, but actually a solid long term investment. Thanks for the post ;)