… for those of you who thought domains generate the highest returns 🙂

I admit, I don’t own any Bitcoins and my knowledge as to how this stuff works is marginal but those who do obviously generated some great returns. If my research is accurate, the price was $0.08/Bitcoin back in July 2010 and at the moment of writing, we’re at $200+. In other words, a 2500x+ price increase in less than 3 years.

Bubbles come in all shapes and sizes. In fact, the first ever recorded bubble was the Tulip Mania if I’m not mistaken. That’s right, people traded… tulips.

Even if I don’t own any Bitcoins, watching things unfold is fascinating.

Maybe they will continue to go up, maybe they won’t. Wouldn’t be surprised to see them at $2,000+ next month, just like I wouldn’t be surprise to see them at $20 or lower. I honestly have no idea what will happen but as a domainer/entrepreneur, I’ve come to realize that events like these are basically free education.

A great opportunity to analyze human behavior and draw conclusions.