Middle eastern boy makes $16,000 profit from Bitcoin in Months, how?

in bitcoin •  7 years ago  (edited)

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A young boy from Middle east invested his money in Bitcoin and he tells how he did it... he says “I liked what it had to offer,” , “You’re in complete control of what you own, there is a limited supply of it so you can’t just print your way out of it like a government, and its value had been increasing for a while. So I said why not?”

He bought his first bitcoin in February of last year, the value of bitcoin was $1,000 and as of today worth $17000
a total of $16000 profit made by a young boy.
According to this week news about vice and the news about Dubai using bitcoin in real-estate payment, you know it's going up to $30 k at least during 2018.

what do you think, do you think BTC will still go up, what's the limit?
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BTC will most likely still go up somewhat, satoshi's invention is definite in a bull run right now.

Nobody is planning to actually use BTC, or at least the major part of the community sees it as a easy way to earn $$$.

Their are far better alt coins that have way better futures. And are also far cheaper. See Litecoins and Steem for example.

you are totally right, but Steem is still not very popular comparing to other alt-coins like Etc for example, i think it's going to be just like LTC where it suddenly jumped from $70 to more than $200.

I think we will start to see a big leap after the Smart Media Tokens get released.

thanks for sharing your thoughts on this