2/12/2017 Bitcoin Pracition 2018 — Think Twice Before You Invest In Cryptocurrency (Opinion) INQUISITR suas December 12,2017 Bitcoin Prediction 2018 — Think Twice Before You Invest In Cryptocurrency [Opinion] If everyone is talking about bitcoin, why is investing in ita bad idea? In the last one decade, the world has changed enormously ‘The technical advances in the fields of science and ‘environment have shovn to the world that the future vias ‘which everyone once saw in sei films is not around the Mahajan comer but itis here, Apart from the high-tech gadgets like Apple iPhone X or Tesla’ latest automobile, everyone these days is talking about the biteoin and other ‘cryptocurrencies. Although the ides of investing in a ‘currency that raises your money overnight seems good ‘enough to invest in it, there are seversl things that should ‘make you think twice before investing your hard-earned ‘money in bitcoin. muse nea Entire social media feeds and the latest news topies of Bitcoin Ex aur 2017 are filled with biteoin news, There are many who are ‘openly talking abot investing in this, and there are many who think that biteoin is not the safest investment. Reveal The Real Value Of Bitcoln Futures Market Bitcoins are now offically offered and traded by Now Open, Five Things ‘mainstream institutions such as the Chicago Board You Need Te Know htps:hwew inquist. com/opinion!4679084/itcoln-prodiction-2018 think-twice-bofore-you.investn-cryptocutrency! 482/12/2017 “You know bonds have an interest coupon, stocks have earnings and dividends, gold has nothing. There is nothing to support bitcoin except the hope that you will sell it to someone for more than you Bitcoin Pracition 2018 — Think Twice Before You Invest In Cryptocurrency (Opinion) Options Exchange. Meanwhile, it is reported that BitGo— a cryptocurrency wallet — raised $42.5 million a funding round. So, when everyone is accepting bitcoin and business ‘wallets are raising billions of dollar, then why is investing. init abad idea? Before going into that, one should be aware ofthe term ‘store of value ‘Avlaual representation of the dighalenptocureney boon un Kitwod / Gey Imag In the financial world, its usually defined as an item that ‘one ean use to transfer the purchasing power from present to the future, The Conversation has talked about ‘commodities like gold, whose price fluctuates because of speculations in the financial markets, but the price of gold vill never succumb to zero However, biteoin has no industrial use. There are many ‘who are willing to pay a lot of money to hold an to some of | the eryplocurreney for now. However, in ee is buying bitcoin is thinking that down the line there will ‘be someone who will buy the eryplocurreney from them So the million dollar question is, what will happen if there isn't anyone down the line to buy that biteoin from the lity, whoever seller? What would be the use ofthe biteoin if there won't be any buyer for it? What would be the use of such currency? Apart from everything, there are many experts who are ‘sure thatthe biteoin bubble is going to burst any moment. In 2016, the price of biteoin increased from less than $800 to more than $12,000. Investment expert Jack Bogle stated that there is nothing substantial that can support Diteoin and its rising bubble, During a recent event held in jew York, Vanguard founder Bogle advised everyone to stay away from biteoin — which skyrocketed 945 pereent this year. 6 paid for it” Bitcoin Frenzy Spawns Happy Campers After ‘$8K Jump This Wee ‘Are We Now In A Blockchaln Bubble? 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Before 2018 Times Square Ball Cryptocurrency With $5 Or World To End, Allon Invasions, Is The Colossal sitcoin st. Donald Trump Health Crisis, Re ‘And Other Bizarre Predictions How You Can Cet Meghan, ly Just A Massive Bubble? 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