• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Bitcoin Booms

Joined
Dec 22, 2021
Messages
311
Reaction score
206
Points
53
Location
AZ
Resorts Owned
Hilton Las Vegas
Wyndham Sedona
Wyndham Kona

Bitcoin is up 70% this year. If 2013, 2017, 2021 trends repeat, 2024-2025 will be increasing lucrative years. Is past performance a guild to future performance? No, but we're past the point where this asset class can be scoffed at as brief trend. Since Bitcoin has only existed during economic boom, we've just got a first taste of how it will react to financial crisis.

Gold has also just pumped nearly $200 in the last couple weeks.
 

jabberwocky

TUG Review Crew
TUG Member
Joined
Apr 30, 2016
Messages
2,829
Reaction score
2,583
Points
348
Resorts Owned
SVR, SDO, WKORV-N, Westin Flex, HGVC (BLVD)

Bitcoin is up 70% this year. If 2013, 2017, 2021 trends repeat, 2024-2025 will be increasing lucrative years. Is past performance a guild to future performance? No, but we're past the point where this asset class can be scoffed at as brief trend. Since Bitcoin has only existed during economic boom, we've just got a first taste of how it will react to financial crisis.

Gold has also just pumped nearly $200 in the last couple weeks.
But it is also down by around 30% in the past year.

Full disclosure, I do own some bitcoin and have for several years (I even mined it back when it made economic sense to do so). I did pick some up in several small buys over the past 6-7 months after it cratered and the cost to buy was much less than the cost to mine it.

Probably is close to fair value right now but it is a risky asset class. You need a strong stomach to own this.
 
Joined
Dec 22, 2021
Messages
311
Reaction score
206
Points
53
Location
AZ
Resorts Owned
Hilton Las Vegas
Wyndham Sedona
Wyndham Kona
But it is also down by around 30% in the past year.

Full disclosure, I do own some bitcoin and have for several years (I even mined it back when it made economic sense to do so). I did pick some up in several small buys over the past 6-7 months after it cratered and the cost to buy was much less than the cost to mine it.

Probably is close to fair value right now but it is a risky asset class. You need a strong stomach to own this.

Yeah, we got in towards the top of the bull run of 2021, not knowing what we were doing, but we did sell at a minor profit as the correction started. Last year we returned into the bear market at $24K, $21K, and $18K, with increasing volume down. I should have bout at $15,500, but I got greedy wanting it just a little lower!
 
Last edited:
Top