Quote from: notlist3d on September 12, 2014, 04:24:08 AM

Quote from: pr472 on September 11, 2014, 11:07:57 PM

Quote from: notlist3d on September 10, 2014, 04:16:08 AM

I agree never invest more then your willing to lose. But comparing bitcoin to yahoo is horrible really. Bitcoin is currency, you could make a argument its a industry but not a single buisness. And Yahoo had competition. Bitcoin does not really have competition as main crypto.

I disagree. Bitcoin is a currency that many, many people buy as an investment. All you have to do is read this site to find that out.

Whether an "investment" has competition does not mean much. An "investment" has to be shown as trust worthy and a future. It is too early to say that Bitcoin is either trust worthy or that it has a future. I'm not saying that it does not, but what I am saying is that Bitcoin will follow the principles of an investment for success or failure.

Expanded above:
In a sense this does not make sense. It is a form of investing just obviously riskier one then say stocks and top grade bonds.

On normal investments you invest with a certain expectation lets say bonds..... the more risky the more reward. Same goes with most stocks but there is no real rating for stock just history.

Bitcoin is a form of currency and with it holds investment opportunity. If i wanted safe yes i would go buy government bonds and lock in safety deposit box.

New:
Look into currency trading very risky and changes daily. Saying Bitcoin is like yahoo is a big jump. Bitcoin is much more related to that then yahoo. I do agree never invest more than you can lose though.

Bitcoin isn't a single company that may fail, but is merely a technology, that is what makes it safer. But still, it is incredibly risky because it is hard to actually gauge its potential and 'real' value. We don't know if theres some bug or design flaw that may render Bitcoin useless, and we don't know if people decide to just ignore Bitcoin at some point. This is what makes it risky, and still potentially highly profitable.