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Topic: [2014-07-15] LinkedIn Co-Founder: Bitcoin is in My Five-Year Investment Plan (Read 920 times)

legendary
Activity: 1904
Merit: 1074
Well most people think "Bitcoin" is a Get rich quick scheme, and when they fail, they blame the protocol and not themselves.

Having a long term investment goal, would be a better option for a ROI strategy and a recipe for success in crypto currency. His 5 years goal sounds fair to me.

But in 5 years bitcoin might not even be here anymore. { A alt coin, might take it's place } So rather bet on investing in "crypto currency" than only one coin. 
hero member
Activity: 490
Merit: 500
We are all going to look back one day and conclude that sub-$1000 was still cheap territory
sr. member
Activity: 406
Merit: 250
It seems that bitcoin is becoming mainstream with more heavyweights entering the field. But I wonder how it will affect the price in the long run?

The price is bound to go much higher with so many wealthy investors showing high levels of interest in Bitcoin and related companies.

Yep. I think we are approaching the last days of cheap bit coin.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
It seems that bitcoin is becoming mainstream with more heavyweights entering the field. But I wonder how it will affect the price in the long run?

The price is bound to go much higher with so many wealthy investors showing high levels of interest in Bitcoin and related companies.
full member
Activity: 154
Merit: 100
It seems that bitcoin is becoming mainstream with more heavyweights entering the field. But I wonder how it will affect the price in the long run?
sr. member
Activity: 434
Merit: 250
http://www.coindesk.com/linkedin-co-founder-bitcoin-smart-five-year-investment/

Notably, despite the suggestions by show hosts that such industries as wearable technology, healthcare and home automation were areas that investors should be considering for investment over the next three-to-five years, Hoffman suggested he is increasingly focused on bitcoin.
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