Topic: [Daily Speculation Poll] :: Is bitcoin a risky invesment ? - page 2. (Read 3637 times)

I think that Bitcoin is definitely high risk. At the same time it has massive potential, so the overall balance is quite positive in my opinion.

If government bans bitcoin, value of bitcoin will go up substantially just like any other banned item. Only remedy is to destroy. How? I don't know.

it's high risk on many fronts

- high risk on exchange rate
- high risk on lending
- high risk on investments
- high risk with 3rd party services and their security

Governments have nothing to gain from bitcoin.  There is no being left behind here.

Outlawing bitcoin is actually quite easy: show examples of drug dealers/pedophiles/terrorists using it (real or not), write a law, pass it, ban bitcoin use by citizens of the country where the government governs.  This would automatically prevent that nation's banks from dealing with bitcoin exchanges, thus frustrating most ordinary users' ability to use bitcoin.  No need to block actual bitcoin use.  Just threaten users with penalties similar to money laundering.

Bitcoin isn't very useful to most people without free and open ability to transfer money to/from exchanges and the subsequent funds to/from banks.  Try to sell 10000 bitcoins for USD$ on the internet without using an exchange to see how difficult it can be.

My impression is that my Euros lost against everything, my $ lost against most and my Bitcoins gained.

Bitcoin is not that high risc as it used to be. At $5 I would say its between high and low risc in the medium term.

The potential far outweights the risc.

The risc I see is that governments will outlaw Bitcoin, but that is acctually very hard and not so good thing to do since they would risc being left behind as the world starts to adopt Bitcoin and their value increase.



 

Cuz its very small. Single person can crash the market.

Bitcoin is trending upward, obviously, so I'd buy now regardless of (low) risk!

I would like to see a post about why bitcoin is a high risk investment

2 years ago i would have agreed; bitcoin could of maybe gone back down to pennies, but that was 2 years ago.

so ya someone post your thoughts please.

Low Risk...

p2p network enforcing the rules.

Credible and extremely capable development team backing project.


Bitcoin is lower risk than every other financial asset in existence.  However that says nothing about it's trading rate.

When it all started to take shape bitcoin was regarded as a high risk investment with Huge potential.

1) Its well understood that the bitcoin economy, regardless of its size ( a highly speculative figure ), will not be affected by price fluctuation. ( 1$ / BTC or 10$ / BTC, for merchants this is meaningless).

2) Speculation as to bitcoins huge potential growth as the #1 online payment solution, appears to have been short lived ( the bubble   )

3) Speculation as to bitcoin price movement is still very much alive, and so we have a high number of day traders trading bitcoins

4) Investors have no reason to fear bitcoin will fail anymore, the claims of bitcoins secure transactions and being impossible to counterfeit have been time tested and proven true


With all this said and done, bitcoin has proven itself.
The market is growing and has reached an equilibrium.

I would say bitcoin has become a medium risk investment while keeping its Huge potential.

But!

this Huge potential isn't priced into today's market rate. because Speculators have become skeptical as to bitcoin ever reaching main stream.

Most bitcoin Speculators agree, bitcoin will not suddenly grow100times its size in a matter of weeks. they belevie bitcoin will grow in a limited and gradual manner from now on.

They're jumping the gun on this one!
yes, Bitcoin will grow gradually, but it will also have grow spurts, as new technologies and ideas enable bitcoin to be more easily used and accepted

Why can't I vote ? Are scammers not allowed to vote either

I only see the options and that is it ...

If this is CATAN, here comes the robber!

Lamentable I vote high risk, but it is tempered with a few qualifiers.  I think that BTC retains the ability to produce an extremely high monetary reward (not to mention political and others.)  Tempering that, however, is a belief that one will have to be knowledgeable, agile, and fairly lucky to boot in order to make the most of the various fruit which it could bear.