Does anyone else feel like Bitcoin is a safe investment?

[Crindon]

Bitcoin does fluctuate, but it's value is not as easily manipulated. I like how it won't be crushed in value due to hyperinflation like in other instances. It really has a good chance at a store of wealth and value. The altcoins will be used for purchase, and Bitcoin will be kept for investing long-term.

[right wing authoritarian]

Bitcoin does fluctuate, but it's value is not as easily manipulated. I like how it won't be crushed in value due to hyperinflation like in other instances. It really has a good chance at a store of wealth and value. The altcoins will be used for purchase, and Bitcoin will be kept for investing long-term.

I think this hits the nail on the head. If Bitcoin becomes less volatile as the market matures and becomes deeper then bitcoin potentially becomes an alternative to money market assets. This would require Bitcoin to be regarded as free of technical risk so it is like a government bond with no default risk. Volatility in and of itself is not a problem, Long term low coupon Bonds can be extremely volatile if interest rates are fluctuating rapidly.

[peeveepee]

Bitcoin does fluctuate, but it's value is not as easily manipulated. I like how it won't be crushed in value due to hyperinflation like in other instances. It really has a good chance at a store of wealth and value. The altcoins will be used for purchase, and Bitcoin will be kept for investing long-term.

I think this hits the nail on the head. If Bitcoin becomes less volatile as the market matures and becomes deeper then bitcoin potentially becomes an alternative to money market assets. This would require Bitcoin to be regarded as free of technical risk so it is like a government bond with no default risk. Volatility in and of itself is not a problem, Long term low coupon Bonds can be extremely volatile if interest rates are fluctuating rapidly.

Government will do exchange control if their own fiat collapse. They will target gold, silver and ban bitcoin like many current governments are doing right now.

In time of crisis, daily necessity is more important than medium of exchange. I won't say holding bitcoin is a safe investment.

[gts476]

Bitcoin does fluctuate, but it's value is not as easily manipulated. I like how it won't be crushed in value due to hyperinflation like in other instances. It really has a good chance at a store of wealth and value. The altcoins will be used for purchase, and Bitcoin will be kept for investing long-term.

I think this hits the nail on the head. If Bitcoin becomes less volatile as the market matures and becomes deeper then bitcoin potentially becomes an alternative to money market assets. This would require Bitcoin to be regarded as free of technical risk so it is like a government bond with no default risk. Volatility in and of itself is not a problem, Long term low coupon Bonds can be extremely volatile if interest rates are fluctuating rapidly.

Government will do exchange control if their own fiat collapse. They will target gold, silver and ban bitcoin like many current governments are doing right now.

In time of crisis, daily necessity is more important than medium of exchange. I won't say holding bitcoin is a safe investment.

What is it you think the govnt. will do to silver and gold?

[onlyu]

Bitcoin is backed by no legal authority.

I won't really considered it safe as fiat at least is backed by the government.

[bitsmichel]

All my fiat's value is simply being eroded by inflation and if the UK government defaults on its huge amounts of debt, the £ could be worth next to nothing.

Yeah, Bitcoin fluctuates but the risk of a total collapse of Bitcoin seems less likely than fiat currencies when you think about it.

Spread your risk, invest in different things. You cannot count on the government at all times, they have scr*wed up in the financial system before.

[madken7777]

I don't think treating bitcoin as an investment is a good idea.


There are better investment out there without this much risk.

[bitsmichel]

I don't think treating bitcoin as an investment is a good idea.


There are better investment out there without this much risk.

It can be a good idea, depending on what your aim is at. Bitcoin can easily fluctuate +10$ or -10$ or more. You could take advantage of that fluctuation if you have a lot of money. Anyway, yes it is still an experiment.. but everything is a risk. Even to put money in a bank

[Foxpup]

Bitcoin is backed by no legal authority.

I won't really considered it safe as fiat at least is backed by the government.

And the government does a good job of backing it, right?



Never mind.

[arbitrage001]

Depreciation of dollar occurred over a long period of time. Population were able to adjust to slow changes.

Long term capital investment projects take expected inflation into account to adjust operation cost and capital cost.


You can't really do estimation if bitcoin is used as a currency.

[Amph]

I don't think treating bitcoin as an investment is a good idea.


There are better investment out there without this much risk.

there is no such risk in long term holding for bitcoin, just HODL

daily trading on the other hand are risky of course, but lets the wahles play in that game

[twiifm]

Bitcoin is backed by no legal authority.

I won't really considered it safe as fiat at least is backed by the government.

And the government does a good job of backing it, right?



Never mind.

How man people live to 100? 

Wheres the chart of salary inflation?
Wheres the chart of housing prices?

[blatchcorn]

Bitcoin is backed by no legal authority.

I won't really considered it safe as fiat at least is backed by the government.

And the government does a good job of backing it, right?



Never mind.

How man people live to 100? 

Wheres the chart of salary inflation?
Wheres the chart of housing prices?

Those variables are already reflected in the purchasing power of the dollar

[twiifm]

Bitcoin is backed by no legal authority.

I won't really considered it safe as fiat at least is backed by the government.

And the government does a good job of backing it, right?



Never mind.

How man people live to 100? 

Wheres the chart of salary inflation?
Wheres the chart of housing prices?

Those variables are already reflected in the purchasing power of the dollar

No its not.

In the 80s my parents bought there first house for 45K.  They sold the same house in 2005 for 250K

In the 80s avg starter income was 16-20K.  Now its like 50-70K

[bryant.coleman]

The question is not whether Bitcoin is a safe investment, but is Bitcoin an investment at all? In normal circumstances, a currency can never act as a form of investment.

[Pobre]

Bitcoins fluctuates :/ but I guess it would be safe to invest in bitcoins at least for next two years as I see the bitcoin is rising constantly.

[Satan666]

Bitcoins fluctuates :/ but I guess it would be safe to invest in bitcoins at least for next two years as I see the bitcoin is rising constantly.

Past performance is not an indicator of future success.

[STT]

How man people live to 100?  

Wheres the chart of salary inflation?
Wheres the chart of housing prices?

Plenty people live long enough to lose money this way.  The 100 in cash benefits your parents effectively give you when you are born is just 2 by the time you pass it on to your grandchildren.  Some people would prefer if that wealth was still 100, they should not keep dollars then.

Almost anything lasting in comparison looks better then 100 to 2 yet this is how gov alleges tax is due, by just keeping capital its avoiding inflation tax
This is a system opposite to capitalism which is capital controlled by the people, it is now controlled in a centralised system

[twiifm]

How man people live to 100?  

Wheres the chart of salary inflation?
Wheres the chart of housing prices?

Plenty people live long enough to lose money this way.  The 100 in cash benefits your parents effectively give you when you are born is just 2 by the time you pass it on to your grandchildren.  Some people would prefer if that wealth was still 100, they should not keep dollars then.

Almost anything lasting in comparison looks better then 100 to 2 yet this is how gov alleges tax is due, by just keeping capital its avoiding inflation tax
This is a system opposite to capitalism which is capital controlled by the people, it is now controlled in a centralised system

I don't know anyone who keeps cash.  Like in a mattress?  Most people have an IRA or they have assets like real estate

[Moria843]

Most of us know nobody can predict the future, but after watching the 2014 MIT Bitcoin Conference videos on YouTube I still see a lot of smart and successful people saying they believe and are building companies to support bitcoin and are personally investing. Richard Branson investing $30 M recently in BitPay adds to that. I personally have purchased about 20 BTC lately at prices between 4 and 5 hundred as an investment and mine about 3 BTC a month. But it's a small part of my overall investments.

To add a little humility, I also rewatched the guy in 2013 pushing Mt. Gox as the greatest thing that ever happened, recommending everyone open an account, and predicting 1 BTC would be worth $20,000 in 2014.

The more I learn about bitcoin, the more I'm impressed by its potential. Some is based on logic; some is faith.