Bitcoin invest 2q37

To me, bitcoins look more like tulip bulbs.

Why Bitcoin is Gaining Traction

Andy There are at least three ways, though only one of them looks rational today. First, you could mine your own bitcoins. Second, bitcoin could buy some from an exchange. Third, you could buy shares in a fund that has invested 2q37 bitcoins. Please note that answering your question is not a recommendation, and I am not qualified to give advice on investments.

However, as electronic payments expert Dave Birch put it 2q37 me on Twitter: The problem is that people can make money by buying things that are essentially worthless, such as used postage stamps, Beanie Babies, and historically tulip bulbs.

For example, tulip bulb prices may be insane but they keep going up. I may be a fool to buy them, but I expect a bigger fool to invest them from me. This works until you run out of fools. Their prices may vary dramatically, but over the long term, they 2q37 real value. When tulip bulb invest were tumbling, everyone wanted to sell.

Does Bitcoin have value? Bitcoin is a digital currency. In reality, you have to balance a range of factors including convenience, security and transaction costs. But if you are investing, does bitcoin have an intrinsic value, like gold? The price of a bitcoin may increase because, for example, it is attractive to technology enthusiasts, and because we are all reading stories about how people made — or failed to make — bitcoin. But, like tulip bulbs, bitcoins could be worthless when the bubble bursts.