Post
Topic
Board Bitcoin Discussion
Re: My thought outline on wether to invest in bitcoin.
by
bambazamba
on 19/03/2018, 13:57:37 UTC
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


There is no doubt that the analysis does not proclaim anything that is not true . All the pros and cons are accurately defined and mentioned .
 But the fact is that most of the people will look out for cons and will make a very conservative judgement about bitcoin . it is true that the ads related to crypto has also been banned from facebook but that would just affect a very little percentage of its overall performance . Look at the charts , its already rising again.