Post
Topic
Board Economics
Re: Bitcoin worth to you or not...
by
gabmen
on 19/11/2016, 09:06:17 UTC
We all have some amount of bitcoins in our wallets..
Do you really think bitcoin is a currency Worthing you more than a real currency...
I do because real currency price won't grow up or down as bitcoin...
So do you or not ??
And also have a discussion about its prices in future..!!
It is worth it for me. Unlike real money currencies, bitcoin is more flexible. That you can either do trading, investing, selling or mining.
Except for mining you can do all of that with fiat too, in my opinion the greatest strength of bitcoin comes from its decentralized nature, that has allowed bitcoin to survive and even thrive despite all the obstacles.
Yes the decentralization is really good for us,  unlike fiat that can monopolied by bank.  Bitcoin  was designed to be deflation  everytime,  it mean the value will always rise. Bitcoin  will survive as long as people use it.  The number of people who use bitcoin is increase every time. So I am really sure that Bitcoin price will keep rising forever.  So bitcoin is worth as an investment  for me.
Maybe bitcoin price will not go up forever but I agree we are in a stage in the life of bitcoin where the only thing it can do is to go up there are going to be some ups and downs but I think the general direction will be up.

And that is why bitcoin is worth to all of its users because we are loving the way bitcoin moves. For each year there is always an uprising  for bitcoins price. This is not new for every year is becoming a good year for bitcoin and it keeps on pumping and that is for the price and for its usage we can truly say that it is worth it because of fast transaction.
It's rising and it's good but we cannot be too confident with that as the price also has the possibility to lay law. It's bitcoin and there many factors to consider for our investment, if we will only see a one way increase then probably it's not risky at all and we are all rich here.
Yeah it still is risky. Even though bitcoins price is high right now here is a possibility that it may drop anytime. So we still would have to be cautious. Its happened before and it may very well happen again