Quote from: waldox on July 18, 2014, 11:22:16 PM

Quote from: franky1 on July 18, 2014, 06:49:06 PM

Quote from: den.faulkner1990 on July 18, 2014, 09:23:51 AM

Hello everyone. Are you using Bitcoin like a a tool for keeping savings? For example i want to keep into Bitcoins money for a child's education. If you look at Bitcoin course now it looks pretty good idea but what about 5 or 10 years? Will it increase with decreasing rewards for block? Or when there will be no reward and etc. Are somebody uses BTC for these purposes?

whatever money i consider as toilet money (money spent on a night out for drinks and food that will just end up in a toilet the next day) i invest in bitcoin. and that is my retirement nestegg..

with ever increasing costs to make due to difficulty and reward halvings, the price of bitcoin WILL increase to compensate, as no one (excusing idiots) would sell at a loss (i include panicking fud believers in the idiot category) so the price WILL rise.

but yea if your not sure, remember the hard rule of investing..
dont throw all your eggs into one basket.

.. so yea i have other retirement plans too to protect myself but my opinion is that bitcoin is going to be the leading reason of my retirement happinss

i agree my idea of hedging against risk

buy physical silver and bitcoin ... profit

are the physical silver stable?