7 upvotes, 1 direct replies (showing 1)
View submission: Don't invest recklessly
This is a new technology, an amazing protocol that will change the way we do our savings and interact with value.
What you're saying certainly is proving true, but it doesn't change the fact that Bitcoin is *still an experiment*. You don't know where this rocket is going and neither does anyone else.c
Is Bitcoin revolutionary technology? Yes.
Should you get a 2nd mortgage and max out your credit cards to buy BTC at $11,000? That's your decision, but doing so would be financially imprudent at best.
It's unavoidable that some people are going to get rekt trying to trade Bitcoin. This post serves as a reality check against the euphoria that inexperienced newcomers are feeling.
Comment by jaumenuez at 30/11/2017 at 08:26 UTC
2 upvotes, 1 direct replies
No body knows what's the real value of one bitcoin today, but IF development and adoption continue the same path, we all know a bitcoin will be valued much much more. How many users do we have now? What % is that of a potential user base?