Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.
I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..
As boring as gold is. It has its place, but just buying it won't make you rich overnight. What it will do, is keep your wealth safe. So this is your wedge, not fiat, not the $ or the ...
I love it how for the most par of this year it has remained 9k ish, last year was 7.5k ish. This is good, the less it moves, the better. But of course, when the USD collapses, and pulls the other fiats (the idiots pegged to them), the global economy, etc. bitcoin will keep your wealth all the same while everybody else who didn't invest in some asset will lose.
"It can never happen" Until it happens. But then its too late, you cannot escape devaluation once it hits, there won' t be a warning.