Silver Art Bar collector
- Sep 4, 2011
- Reaction score
$1354 today and could crash to nothing at anytime just like other currencies. The only problem is it is not exactly cash plus there are fees when you use it.
......................or $1354 today could be, for example, $5000 (or more) in the future.
I see the point you are making and I agree with this but we really do not know one way or the other what bitcoin is going to do. I will use your point in the above post by using myself as an example by saying if bitcoin goes from $1354 to $0, then that is not a big loss to me (from $30.30 to $0) since my bitcoin investment is only 0.022 BTC. I am comfortable losing $30 in a bitcoin investment if the worst ends up happening to Bitcoin. No loss of sleep here.