Post
Topic
Board Economics
Re: Is it a good long term investment to buy 1 BTC today?
by
Newcoins2020
on 25/09/2016, 21:07:15 UTC
Well, I think many will say  yes with the intention to pump price. But I  think it's worth if you consider the technology  and the potential for adoption it has.
If you will take time to back read on the post of the members here they are not saying yes, instead they want it to invest more than one bitcoins because we have to be realistic and although we are optimistic that the price will increase but definitely up to the amount base on the demand only and we will not see it will increase more than a 100 times.

I think the more effective way to increase the price is to promote bitcoin to every platform and have to invite everyone to the field of bitcoin to use this currency for their transactions and for their businesses.
We are making our best efforts to recommend bitcoins to people around us but the fact is its very hard to convince people as most of them hesitate in using them because its totally new concept for them.
Bitcoin is slowly gaining traction and as soon as we get a critical mass of persons using bitcoin I think we are bound to see something close to an explosion in demand and when that happens I hope we will have a lot of coins saved for that day.

I agree about this but you never know what will happen with the bitcoin, I think that it has a great future a head and that it can go to a high amount.
I'm also thinking that investing is good for a long term but on the other hand I do not think that this is the moment to buy bitcoins.