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Trump will be the 1st Bitcoin President!!!!
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<blockquote data-quote="vantexan" data-source="post: 5978447" data-attributes="member: 24302"><p>I would be concerned about governments shutting it down if it's a threat to their own digital currencies. If the U.S. develops a digital currency that it can control and regulate, but can't do the same with Bitcoin, then good luck. But as long as there's a perceived value there you might.make some money. But Bitcoin very much relies on attracting new investors who drive that value. If they believe it'll be worth a million someday they'll likely keep investing. But if it runs out of new investors it's going to crash. It won't continue to just rise in value because you want it to. It takes demand. And that demand will dry up pretty quickly if the government decides to pull the plug.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5978447, member: 24302"] I would be concerned about governments shutting it down if it's a threat to their own digital currencies. If the U.S. develops a digital currency that it can control and regulate, but can't do the same with Bitcoin, then good luck. But as long as there's a perceived value there you might.make some money. But Bitcoin very much relies on attracting new investors who drive that value. If they believe it'll be worth a million someday they'll likely keep investing. But if it runs out of new investors it's going to crash. It won't continue to just rise in value because you want it to. It takes demand. And that demand will dry up pretty quickly if the government decides to pull the plug. [/QUOTE]
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