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RE: How Tim Draper was So Right with his $10,000 Bitcoin prediction 3 Years Ago

in #bitcoin7 years ago

Very interesting read! It's obvious to me that cryptocurrencies are here to stay, and they will form the economic landscape in the future.

I've been hearing lately that if you are new to buying/investing in cryptocurrencies, better to start with Ethereum or something recent, since Bitcoin has increased so much in value. And @arpit-latest mentioned Electronium and Ripple in the comments, I have no idea about those! What do you think?

Thanks for this post, resteemed.

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thanks nicky; Well for maximum gains your risk increases. People say bitcoin is the gold (long-term wealth storage/preservation) but the network affect still means it will be invested in first by newcomers and there's plenty more people who don't own any bitcoin yet

Ripple (XRP) is a coin that was developed to make inter institution transfers easier. Anyone can get it, of course. Bittrex is one such site.

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