Post
Topic
Board Speculation
Re: SHOULD BUY BITCOIN RIGHT NOW OR WAITING FOR THE END OF THE YEAR 2106?
by
bnrrpayments
on 24/09/2016, 20:45:39 UTC
What's to happen at the end of 2016? I treat Bitcoin as a very long-term investment. Yet these are the type of investments that are prone to short to mid-term drawdowns. Something big in the Bitcoin world gets hacked - Bitcoin goes down for a time. Something big in the conventional financial world gets screwed up (Greece, Cyprus etc) - Bitcoin immediately goes up. How can you foresee the exact timing of these events? There are only two facts: the existing global financial system is no longer sustainable and Bitcoin has no comparable alternatives as of this time. The call is yours.