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Re: Is bitcoin dangerous ?
by
javalemcgee
on 20/12/2017, 20:37:49 UTC
Bitcoin is not dangerous, but investments in it are becoming increasingly risky due to the fact that a significant increase in its value does not correspond to the growth of its intrinsic value as a digital currency. However, so far no one can say how the bikoyn will behave if its price rises, say, to $ 100,000 or more. After all, the digital currency is a completely new type of currency and it is still unclear whether such a sharp rise in the exchange rate is an acceptable phenomenon for it.

Yeah we have crazy volatility and bitcoin is definitely not a safe investment, however we do notice the price seems to always recover no matter how far it crashes so yes no one knows what will happen when it reaches its natural peak.

Volatility is very common in bitcoin, it's no dangerous anymore. We need to focus on the tradig facts of bitcoin, that's way more important.