Please provide feedback where you disagree but also please let me know where you agree
Cons
Tethering subpenoa by US government
US banks boycotting bankers ability to purchase bitcoin
Facebook banning adds
Recent news about scammers
Cons Summary: Bitcoin has been made harder to purchase and potential users are less secure in their purchase.
Pros
Bitcoins history to bounce back
At its core the value that is provided by bitcoin as a service has not been devalued.
Despite negative news bitcoin has held positive hype and faith from its community.
Unanswerable questions:
What is bitcoins actual value minus any hype and with all future regulations added?
How far down is bitcoin going to go? (guess 2-5k)
How far back up is going going to go in a 5 year time span (guess 50k)
Conclusion
Bit coin will continue to be volatile but its actual value will not be effected by banks/government.
People will continue to invest
Long term value will continue to raise
Invest 1-2k in bitcoin leave in for 5 years as soon as it hits below 2-5k
Well this is one point I don't agree with. Bitcoin core value is (as per Satoshi's White Paper) being a peer-to-peer electronic cash system and this core value has been proven many times over and again
not to work as intended. True, workarounds (Ligthning Network) has been proposed, but still the
bitcoin's core value has been devalued.