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December 18, 2019 06:45 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/U-q19QvekH8/bitcoin-was-the-best-investment-of-the-decade
Bitcoin Was the Best Investment of the Decade
The decade is almost over -- and one incredibly volatile investment stood out from all the rest as the best of the 2010s. Want to guess what it was? Bitcoin. From a report: According to a recent report by Bank of America Securities, if you invested $1 in bitcoin at the start of the decade, it would now be worth more than $90,000. A bitcoin (XBT) is currently valued at about $7,000. While that's still significantly below its peak price of just under $20,000 two years ago, it's substantially higher than the fractions of a penny that one bitcoin cost at the beginning of the Twenty-Teens. Bitcoin remains a highly speculative investment, but it has soared during the past decade as it emerged as the most-popular and widely accepted cryptocurrency. More retailers are accepting bitcoin as a form of payment, and several investment firms and exchanges have launched futures trading for bitcoin, a move that helped legitimize it.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/U-q19QvekH8/bitcoin-was-the-best-investment-of-the-decade
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