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<p>[QUOTE=&quot;Gam3rBlake, post: 5274238, member: 115909&quot;]$12 per coin would not have really been feasible.</p><p><br /></p><p>By the time the public became aware of Bitcoin it was already up to like $500/coin in 2013 and that’s when it was a small time thing.</p><p><br /></p><p>However I think it’s more realistic to say you could’ve bought Bitcoin at $600-$700 per coin and made a huge profit.</p><p><br /></p><p>On the other hand Bitcoin still has a very high likelihood of being a bubble about to burst. It has no intrinsic value and it’s not being used for transactions and even if it is was being used for transactions many governments (including ours) would criminalize it since only the government has the legal authority to print or coin money.</p><p><br /></p><p>Basically right now Bitcoin is just like a digital investment similar to an investment in digital gold with nothing to back it up.</p><p><br /></p><p>Heck all it would take is a major nation or hacker network to execute a large scale hack and everyone who owns bitcoin could end up with nothing and no way to get their money back even if they knew who took it.</p><p><br /></p><p>Right now the people who are going to make big profits from Bitcoin have already bought &amp; sold their Bitcoin. Now it’s just a matter of how long it takes the people still holding Bitcoin to realize they’ve been left holding the bag.</p><p><br /></p><p>Once they do and the panic selling sets in they’ll be lucky to get $10 for 1 Bitcoin.[/QUOTE]</p><p><br /></p>

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