[TOTAL NEWB] How stable is bitcoin?

[DonBarruela]

Any thoughts regarding on Bitcoin is much needed.

 

[MonsterMag]

 

[Dougie8]

Yea that actually sums it up pretty well, its fine to use, I just wouldn't hold onto it in bulk

 

[towelfox]

Price charts for bitcoin at http://coinmarketcap.com/currencies/bitcoin/

 

[Giuni]

this might be good for you - https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.um002y1vz

 

[DonBarruela]

Perfect. thanks.

I understand that its not really stable yet nor viable for bulk. I plan on mining in the near future.

Thanks.

 

[Conor]

I plan on mining in the near future.

I'm no bitcoin mining expert, but I'm pretty sure this would be a total waste of your time. You would pay more in electricity than whatever you'd make with your machine mining 24/7.

 

[Wilson Grant Fisk]

I'm no bitcoin mining expert, but I'm pretty sure this would be a total waste of your time. You would pay more in electricity than whatever you'd make with your machine mining 24/7.

Yeah, forget mining now. If you want to get involved with it then just buy some and hold onto it and hope for the best.