View Single Post
Old 08-21-2017, 06:08 PM
Roofies Roofies is offline
Registered User
Join Date: Sep 2005
Location: Ohio
Posts: 378
Rewards: 16,129
Post Thanks / Like
Likes (Given):
Likes (Received):
Originally Posted by Titan24 View Post it still worth buying into now?How much is a coin in dollar terms?
a full bitcoin is around $4000 usd right now.
a one bitcoin casascius physical coin is $6500+ and up depending on type and if they are graded. there are some for sale on ebay.

there is a misconception about bitcoin, you dont have to buy a full coin. you can buy $10 or $100 worth etc. you would get that fraction of a bitcoin. so if you bought $40 worth of bitcoin you would have .01 of a full coin.

i recommend coinbase. they are a solid usa based insured company.

or you can buy it through your stock brokerage
GBTC is the ticker. each share represents 1/10th of a full bitcoin. each share is actually backed by real physical bitcoin held in a trust. so its not like gold or silver etfs that can have as many shares as they want.
but be aware there is a hefty premium built into the price. last time i checked each share was around $600. but you can get exposure to bitcoin this way without the hassles.

its not too late to get in. 2nd best time to get in is today.
Reply With Quote