Wednesday, June 8, 2011

bitcoin continuing update

if you remember, on 6/04/11 at around 8 pm I wrote:
so, obviously, im not giving financial advice, and you would be very foolish to listen to me if i were, but if you went out after reading my post yesterday and put $100 "us dollars" into bitcoins when they were around $13 per, and sold them now when i post this follow up when they are $18.99 per, then you would be +$46.08 (minus fees for various exchanges)

obviously, past performance is no guarantee of future gains, but theres that.

i accept donations in bitcoin
send to 15Q4A2b8iRFXfFpvMGzJhe7tiTzFkyJknJ




just to update, the mtgox.com bitcoin exchange now lists 1bitcoin=$31.00, so using the same example, please note:



initial investment:
$100.00





06/03/11
06/04/11
06/08/11
cost of 1 bitcoin
$13.00
$18.99
$31.00







$100 bought
7.6923 bitcoins on 06/03/2011



initial investment of $100 now worth:

$146.08
$238.46

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