A.I.M. Users Bulletin Board

[AIM1979]

I was reading this article today on BITCOIN
www.technologyreview.com/news/521636/regulators-see-value-in-bitcoin-and-other-digital-currencies/

The last paragraph poses an interesting question to those who invest or use this instrument. This is in reference to senate hearings which were held on Monday.

The price of Bitcoin skyrocketed during the hearing, according to CoinDesk, which averages Bitcoin prices across large global exchanges. While many Bitcoin advocates on Twitter saw this jump as proof of the currency’s inevitable rise, it could just as well be cause for concern: can a currency that fluctuates in value by 45 percent in a single day be considered safe? And if you really believe Bitcoin is here to stay, and you know supply is limited by design, why would you use it to buy anything when its value might double in a few weeks?

It makes me wonder if it is too unstable to AIM. You could make alot but, you could also lose alot.

Just My Thoughts

RT