Investing in Bitcoin. Should You? Can you become Rich by Investing in Bitcoins?
Investing in Bitcoin. Should You? Originally answered on Quora by Devin O'Keefe Sourced: http://qr.ae/TU1S6s When I first noticed Bitcoin, it was hovering around $11 in 2012 . I tried to start mining, but quickly realized my Macbook Pro’s processing power wasn’t sufficient to justify the time and energy it would take to get up and running. I never mined a single Bitcoin, but I did quite a bit of research. I rapidly read articles on Bitcoin, its past and its future. I watched tutorials on how to mine Bitcoin and the mechanics of its payout system. I browsed all the major forums, for opinions from Bitcoin owners. This isn’t me trying to brag about my foresight in spotting Bitcoin before it became big . As a technology enthusiast, this was just one of the many tech crazes I explored. Many of these failed quietly or haven’t yet satisfied the hype (3D printing). If there was one consensus among Bitcoin owners in 2012, it was that...