Post
Topic
Board Speculation
Re: Should we be worried about bitcoin value drop?
by
kingcolex
on 18/09/2014, 20:08:40 UTC
Bitcoin works regardless of the price. There is nothing to worry about, even if it drops below $1.

Sure, it might still work but where is my $70,000 that i invested?
Good things investments don't have risk or otherwise that would be scary!

In all seriousness though, you invest and put in a lot of money you know where your 70,000$ is right now, its with an exchange and you no longer own it but you do own Xamount of Bitcoin and if its worth a penny it doesn't change how much bitcoin you have.