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Updated over 4 years ago on . Most recent reply
![Dustin Mathenia's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/861815/1621504607-avatar-dustinm35.jpg?twic=v1/output=image/cover=128x128&v=2)
Bitcoin I know it's not real estate but we must discuss
I don't know everything about bitcoin or crypto currencies but I have been keeping an eye on it over that last few years. I was first informed about bitcoin in 2013 when it hit 1000$ a coin I did a lot of studying figured it was at its peak I even bought a different crypto currency actually a couple. I bought one called dogecoin think I paid 43$ for a million of them still have them on my old hard drive according to eBay prices worth about 87$ for 10k coins. I think of these other coins as penny stocks and as I am a gambler I bought them as a gamble and if I sold today would be what.....a 2000% return not bad lol when bitcoin hit 2k this year I started watching again. I even told my friend in September that it would hit 12k if it followed the same path it's been on and then it hit 12k 14k 15k and went from 15k to 17k today idk what's going on if you guys do let me know still not sure I would buy it but I do believe it could go to any price 100k? a million? idk maybe but it can't climb this fast without crashing again before getting there. What are your thoughts ?
Most Popular Reply
![Dustin Mathenia's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/861815/1621504607-avatar-dustinm35.jpg?twic=v1/output=image/cover=128x128&v=2)
My prediction is this : bitcoin will bounce around for a while maybe top 20 but I doubt it 17k might have been the peak then it' going to drop hard and fast down to 5-7k where it will stay for a while and if it comes back it will soar past 40 50k. (ALL SPECULATION) ... One day I'll tell my great grandchild "I could have bought bitcoin for 1000 and this will be his response
1.What!! Why didn't you!!
2.whats bitcoin?
Or 3. A 1000 what?