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Old 03-02-2016, 04:00 PM  
NakedWomenTime
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I still see predicting the future price of Bitcoin as very difficult. Factors to consider are there may be big holders of Bitcoin, whose transactions could affect price, so it's hard to predict price movements. There is also the reaction of Governments to it that could cause problems.

What is easier to foresee is that there could be another major banking crisis and currency movements in the coming months or years. Another big systemic crisis could hit, and this could help Bitcoin, but you still have those other factors weighing in on price.

What is true is you probably don't want to be holding too much FIAT currency, in a single currency, at a single bank. That could be risky.

The gold market is also now interesting. Gold is being held down artificially, so it has the potential for a jump if a banking crisis hits. Gold therefore may be a good store of value, possibly better than Bitcoin, as it has less downside risk.
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