Bitcoin...Takes a Licking and Keeps on Ticking

I own some Bitcoin and marvel at the resilience.

I have written about Bitcoin a lot on this blog (51 times).

My best take on the trend was back in 2013 when Union Square invested in Coinbase. I said that I like finding trends that are not too early for Union Square and way too early for Warren Buffet.

It has been a wild ride for Bitcoin since that post.

No matter what is thrown at it…theft, hacks, government blocks, now the IRS…it trends higher.

I am starting to think it is like the Google Search algorithms or Wikipedia…just one of those digital assets that just gets stronger/more important over time.

This year Bitcoin is up 70 percent. Fred thinks 2017 will be even better.