top | item 8287683

(no title)

cgjaro | 11 years ago

Well numbers prove you wrong. A year ago 1 bitcoin was worth $125 and is now worth $480. A year ago 1 ARS was worth $0.17 but is now worth $0.12. One currency appreciated, the other lost value. Clearly an Argentinian would have been better off putting an investment in Bitcoin than in the Argentine peso.

Bitcoin certainly is volatile (down from $1000+), but on the long term, if you hold it for at LEAST 1 year, it seems to at least keep value, if not gain value.

discuss

order

No comments yet.