I sure hope it will be 3$ again soon, then use all the funds to buy more coins and just wait for value increase 
You might try luck with some shit coin instead because this wont happen
Topic: Risks of Bitcoin - page 2. (Read 1244 times)
You might try luck with some shit coin instead because this wont happen
I sure hope it will be 3$ again soon, then use all the funds to buy more coins and just wait for value increase
yea of course there is risks, but just go for the buy and hold a long time method
Will the value of bitcoin just keep on increasing forever?
Very likely beause of deflation nature, but not as much as now. 100% (and more) yearly will not last long
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There's also the risk of the US Goverment shutting it down if BTC starts fucking with its dollar in some way.
America isn't the World Police.
Are you sure?
Haha, well they might like to think they are, but if they struggle to shut down torrent sites, I think they'll have an even bigger task of shutting down bitcoin. They could outlaw it in the States, but it wouldn't stop people using it there or any where else. It'll be like the War on drugs; an unwinable, costly and futile endavour. They'll either need to embrace it or better it.
bitcoin seems to make much more sense as a digital currency
of course there is a risk, but only with the risk you make some good money.
There's also the risk of the US Goverment shutting it down if BTC starts fucking with its dollar in some way.
America isn't the World Police.
Are you sure?
Anyway, thats not the point here. I'm just trying to learn about the pros and cons of digital currency.
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There's also the risk of the US Goverment shutting it down if BTC starts fucking with its dollar in some way.
I don't think they could even if they wanted to. How can they shut it down without banning the internet or computers, and under what legal grounds? America isn't the World Police.
There's also the risk of the US Goverment shutting it down if BTC starts fucking with its dollar in some way.
Is Bitcoin like other commodities that are prone to ups and downs in value? Is there a risk of a crash like in the stock market of a country? Will the value of bitcoin just keep on increasing forever?
The way i see it there are 2 possible outcomes. It will keep on increasing forever or it will go down to 0.
Bitcoin can easily be worth 0 tomorrow if something is found flawed with the transactions or compromises addresses. So yeah this makes it extremely volatile and irregular.
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Is Bitcoin like other commodities that are prone to ups and downs in value?
Yes.
Is there a risk of a crash like in the stock market of a country?
Yes.
Will the value of bitcoin just keep on increasing forever?
Probably not. It will be volatile for quite a while, then eventually probably steady off, but it will always fluctuate just like any other currency. Nobody can predict what is going to happen to cryptos in the long run. Weigh up the risks and choose the gamble or not, that's the fun of it.
high risk high return
It is extremely volatile and while hugely exciting, be clear that a 100% loss is possible
There is no fun without taking risk.
The thing with gold is it almost always goes back up. BTC is a fairly new concept. I'm just wondering if its a better alternative to the usual investments we're used to, like gold etc.
there is the risk of bitcoin crashing like gold
Is Bitcoin like other commodities that are prone to ups and downs in value? Is there a risk of a crash like in the stock market of a country? Will the value of bitcoin just keep on increasing forever?
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