It seems to grow in popularity. I heard the other day on the news that in Canada they are introducing some BITCOIN ATM like machines in some select locations / cities, where you can directly purchase bitcoins
and sell bitcoins, there was a video of that. I think they have those in Vancouver BC, Ontario and Quebec soon.
To be honest, there are better, higher yielding inestments one could make offline if choosing the right portfolio,
BITCOIN is extremely volatile and nothing regulates it or backs it........ I don't think we can expect big rises anytime soon in fact I think it will fall down (the declines will be bigger than the rises) over a period of time, I think
it will be a while before the next major rise. Personally I would not touch BITCOIN.
There are free sources of bitcoin online where you could earn micro bitcoins and dust basically, but they would
take a ridiculous amount of time to reach the equivalent of 1 BTC..........
Or you could do GPU mining........Or if you are up to it and have loads of money you don't know what to do with, get some ASIC miners in the mid to top end range and mine away and hope to recover your investment in a short period of time. Those are probably the people making the most out of BITCOIN.
Those who purchased a truck load of BTCs in its infancy when it was worth 1 to 2 digits, are the ones who
made the most of it and those who have big money to spend !
Takes money and risk to gain.
BITCOIN can be considered somewhat better than HYIP (sort of)
1) With HYIP PONZI if you lose your money is gone ! your chances of success are so slim.
2) With BITCOIN you don't lose unless you sell, until then it is a virtual loss that COULD be recovered if the currency rises again, much like offline investments (stocks, etc.). BUT, on the flip side, it is not regulated
and nothing to back it up.
It is soon to become the new official currency of Canada.......
As CDN dollar is in free fall right now ......