The market value of bitcoin and

The market value of bitcoin and "speculation" about bitcoins are two sides of the same coin, as the correspondence of the value of bitcoin currency "legal" (dollar, euro, etc.) is given by the demand and supply on the various sites , called exchanges, that offer this service. Sites like bitcoinwisdom, bitcoinity, bitcoinaverage.com, bitcoincharts.com, coindesk, preev.com, zeroblock.com, allow you to see real-time pricing of bitcoin and in some detail on the various exchanges. Take for example the trend of the dollar value of Bitstamp: https://bitcoinwisdom.com/markets/bitstamp/btcusd a6 envelope size If the January 1, 2013 we had invested $ 1,000 buying bitcoins on Bitstamp, with the listing of approximately $ 13.36 per bitcoin we will be found to have purchased about 75 bitcoin. And selling those 75 bitcoin always on bitstamp eleven months later, on December 1, 2013, with the listing of about $ 1100, we will have grossed approximately $ 82,000 (eighty-two a6 envelope size thousand US dollars), not bad. But to achieve a gain of this kind, or more than 80 times, need to be very lucky and / or very unconscious. There would go just as well if we had, for example, decided to make the purchase April 9, 2013 and sell three days later, with a rate that has increased from $ 220 to $ 50 or so, with our $ 1000 we bought 4 bitcoin and a half , which in this case sold at $ 50 we would be back less than $ 250, or our dollars would be reduced to a quarter. Or if we had bought with $ 1,000 more and December 1, 2013 with pricing to $ 1100 for Bitcoin, we will not be able to buy even one whole, then we will be found with 0.9 Bitcoin, and seeing prices go down for fear of losing everything we had sold the '11 April 2014 with the listing of Bitstamp to about $ 350, realizing with our 0.9 bitcoin the modest sum of $ 315, we would go a little less worse example of April. Dates used in these examples a6 envelope size (in January 2013, April 2013, December 2013, April 2014) are not chosen at random: looking at the graphics you see as correspond to the peaks, up or down. Predict the performance of stocks in the stock market is difficult to predict the trend of bitcoin and even more difficult, so we can talk more than "speculation" or "investment" of real gambling. Even worse has gone to those who instead of Bitstamp, used the exchange MtGox, a6 envelope size the first and until the beginning of 2014 largest Bitcoin exchange, that users who had an account with them before he blocked the ability to withdraw currency legal, and then also to withdraw the bitcoin deposited in their systems, then declaring bankruptcy. Since then, not even half a year has passed, but it seems a century: the value of bitcoins in recent months is more stable, probably too stable for those who managed to take advantage of those fluctuations. a6 envelope size
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