Re: Bitcoin have more risks than benefits?

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1

What is your opinion?

Well, Yes, perhaps bitcoin is now in an extremely risky zone, and can certainly collapse, but I think still this will not happen, and it will only rise and will work for a long time.

yes all people could give their opinion and we do have our own. I do think the same that bitcoin would not die and i do think its good investment for long term and there is many people use bitcoin for day trading cause its has a good leverage for profit.

LOL. Why are you talking about bitcoin dying here? Although its sad to hear that Spain is taking a hard stance against bitcoin, but it doesn't mean that it will collapse. We have heard a lot of similar stories from big banks around the world but still we are here standing and enjoying the price around $7500. And its remotely to go and going to collapse, a lot of investors will not like to see that so it so they will do everything to keep the well oiled machine going.