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Home » Uncategorized » And 2016’s best-performing commodity is … bitcoin?

And 2016’s best-performing commodity is … bitcoin?

Personally, I was first introduced to Bitcoin in mid 2013.  It is the most revolutionary currency on earth.  Being a digital currency, there is a limited number of 21 million coins that can ever be produced.  Right now, that number stands at 15.2 million at a price of over $800 per coin.  When the world reaches 21 million, the ‘coin’ will subdivide and the decimal point will move over.  There might possibly be a day when .1 becomes $800 or even .01 based on demand for the currency.  It is decentralized and the price is based off both number of coins available and current demand.  This is about the only commodity with true price discovery at the moment.  All other markets are highly manipulated.

And 2016’s best-performing commodity is … bitcoin?

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