Anonymous asked in Business & FinancePersonal Finance · 5 years ago

bitcoins price will sky rocket? thoughts?

2 Answers

  • 5 years ago

    Bitcoin is not a currency, it's a payment system and a seriously flawed one at that. I bought a lot when they were only a few Dollars each and cashed out as soon as I saw the price falling. I've made a lot of money meaning that I've paid off my house and can nearly retire. Since Bitcoin is unregulated and governments want nothing to do with it, the price willl continue to drop until it reaches zero (its true value) and disappears for good with all other cryptos. The days of speculation are over and it's now a dead duck. Bail out now!

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  • Anonymous
    5 years ago

    Bitcoins will forever go up and down until the final crash. The world governments will not allow currency to threaten existing system and will eventually bring about its demise. Hopefully you will no longer own any when this happens.

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