Tuesday, 9 December 2014

Thoughts on Bitcoin

Bitcoin has received a lot of attention over the last few years and has been implemented into more and more companies and investment portfolio.

Bitcoin will only see substantial gain when the global economy faces a crisis and trust in currencies and government erodes: much like gold and silver.

For now I'd be looking to buy into dips.

Silicon Valley has started to take an interest in Bitcoin and Chris Dixon, a partner at venture firm Andreesen Horowitz, claimed that Bitcoin could hit $100,000.

This is still a highly speculative idea, but one with huge potential upside.

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