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Old 11-05-2017, 02:40 PM  
pimpmaster9000
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Join Date: Dec 2011
Posts: 26,732
@klinton

It is not a good storage of value because the gov can ban it any time for any reason..."we are having a bad hair day so we will ban Bitcoin"... localbitcoins becomes localsting.com...exchangers go poof!...seized funds and coins...just like egold,evocash,1mdc,liberty reserve etc...exchangers POOF!

And if you buy at 7000$ and it tanks to 200$ that's amazingly bad storage in any case...Gold will never tank like this...stability is a good thing...
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