Quote from: salmanahmedone on May 29, 2016, 03:22:22 PM

Quote from: bitdumper on May 28, 2016, 09:11:09 AM

I think you got your intrest on saving more than bank you bought at 460 and it is now 490. 6.5% in a month congrats.

Bank dont provide high Interest rates. As compared to this, bitcoin prices rises too quick that you can earn more profit, if you use it as a mode of investment rather than relying on the low interest rates which banks offer. Only thing is that you have to be careful with your wallet, as if your are careless than you can have same trouble as OP has told here before.

I agree with you.
We should look in Bitcoin as long term plan and not depend to much on its price or possibly profit.
I'm sure that Bitcoin is the future of money and payments but Bitcoin will not become new standard for money overnight.
Who understand value and idea behind bitcoin, will invest in Bitcoin now and wait.
Who don't understand value of BTC will invest in regular financial products offered by banks.
Of course, there are always some risk involved in any choice we make, so we have to decide based on our long term goals and available funds where to invest.