I have been following Bitcoin's (BTC) value on a daily basis for approximately six months now. In that time, I've seen one reported all-time high at approximately $1,300 USD and on May 4th I observed that value break the $1,600 USD threshold. It has since retreated a bit from that high, but it is well above $1,500 as of this writing.
I have yet to acquire any Bitcoin units myself - but that is not without trying. Earlier in the year I was looking for an ATM koisk Coinucopia advertised stationed in the Valley Fair Mall. I was unable to get to it, although I did see four sawed off floor studs at the reported location on the mall's second level. I learned later the kiosk was moved to the ground level but I did not return since.
At the time of my attempted Bitcoin acquisition the value was around $800/BTC unit, so I am more than a bit perturbed I could have nearly doubled my investment if I exchanged at the latest peak value. I do understand there are overhead costs skimmed off the top of a Bitcoin exchange, just like one would expect with any brokerage house online transaction.
Anyway, I will continue to monitor BTC's value and see if I can discern a cyclical trend. What I may be observing up to now is as more global uncertainty is ginned up, the value increases.
For the record, I installed the Electrum Bitcoin "wallet" and get the summary BTC-to-USD exchange rate reported through it . Electrum is supposed to be newbie-friendly. I've also discovered the online resource cryptowat.ch for more comprehensive exchange rate information.
Please post your thoughts and/or experiences with Bitcoin or any other virtual currency. Have you made any substantial gains by investing in it? Or, perhaps if you are holding some is it wiser to continue holding it given the general state of global uncertainty?