Topic: Less risk now then ever to buy Bitcoin? - page 2. (Read 2128 times)
I have to say, this thread smacks of desperation. SELL SELL SELL.
I am seeing several threads pop up discussing early adoption and there seems to be some envy from some of us that were not here a year or two ago. However, having heard about Bitcoin over a year ago I remember feeling uneasy about investing anything in it at the time because of some of the risks back then.
Let's go back a bit and remember what it was like. The exchanges were not stable. Remember all of the DDOS attacks? The price was way more volatile (this was fun for speculators but that is about it) and there was no certainty whatsoever that Bitcoin would somehow not be shut down by the government. I am sure there are even more risks than these.
Skip ahead. Today most of these risks have diminished. The exchanges are so much better (not perfect but improving!). There are some regulations put into place that show that Bitcoin is not going to be shut down at least. And now (this is the main reason I do not see Bitcoin going anywhere) wall street has it's eye on Bitcoin! Once they start throwing money into it there will be no stopping it I believe.
So sure it costs more to buy one today, but it is less risky than it has ever been to do so.
What do you think?
Let's go back a bit and remember what it was like. The exchanges were not stable. Remember all of the DDOS attacks? The price was way more volatile (this was fun for speculators but that is about it) and there was no certainty whatsoever that Bitcoin would somehow not be shut down by the government. I am sure there are even more risks than these.
Skip ahead. Today most of these risks have diminished. The exchanges are so much better (not perfect but improving!). There are some regulations put into place that show that Bitcoin is not going to be shut down at least. And now (this is the main reason I do not see Bitcoin going anywhere) wall street has it's eye on Bitcoin! Once they start throwing money into it there will be no stopping it I believe.
So sure it costs more to buy one today, but it is less risky than it has ever been to do so.
What do you think?
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