Bitcoin Bubble?

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Around Christmas last year (2016) I was doing some internal training on Bitcoin and Blockchain for sales staff at MongoDB. This was nothing too heavy but as part of the process I reckoned that if I was going to understand this thing I would buy some as part of the process. I bought two tranches of €100, the first in December 2016 and the second (just before a talk at UCD on the same topic) in January 2017. There was a €3 transaction fee for each purchase.

I did occasionally look at the Bitcoin prices and watched its ups and downs. Eventually when it seemed to be at an all time high in May 2016 I cashed out my original €200. I kind of forgot about the residue until last night. I checked the price around 12pm.

€388 euro.

Feels bubblish to me 🙂

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