Post
Topic
Board Economics
Re: Should I believe in Bitcoin ?
by
DrGuns4Hands
on 23/10/2016, 10:28:09 UTC
Many Bitcoin believers think that the digital currency will one day become the pre-eminent currency of the internet. They basically see it becoming the internet's version of gold in that it's naturally scarce, independent, virtually impossible to manipulate, and crucially suited for a digital world when money ought to be able to be moved seamlessly and at no cost.

Well here's a tip: If you think that this is true, then never use Bitcoin in a transaction.

As more people have gotten into Bitcoin, the price has gone way up.

Virtually everyone who has ever bought anything in Bitcoin has been a huge loser, who would have been better suited just holding onto the Bitcoins instead.

That is right. But there is no need to believe a currency such as the bitcoin. it might be replaced by something else.
Well thinking for the moment, i don't think there's anything wrong in believing it now. Seeing how bitcoin i going up right now, it would be a good idea to trust bitcoin. I've been doing it for a year now and i'm not regretting anything

I agree! What is the wrong if you trust bitcoin? Well bitcoin is trusty since the very first of it and its proving its self that it is trustworthy because of its characteristics well if you are thinking that it will die soon or later and it will turn to scam well we could say yes but it really takes a lot of century or any big market problem impact