Post
Topic
Board Economics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
LottoBooking
on 25/06/2015, 06:24:42 UTC
but BTC also will work as protocol for moving wealth world wide from 'not so enlightened' countries due to greed
war corruption etc to safe havens without banks/gov't involvement....that will come first...

No doubt that's one of the biggest advantages of BTC but the problem is that many people would avoid using it if they know they can lose the value of what they're transferring by 10% or more in a matter of minutes or even seconds. Personally I wouldn't keep my life savings in BTC, it's just too risky (not only financially but also in terms of regulation, account can get hacked etc.)