You want to buy Bitcoin code

You want to buy Bitcoin codes? Go ahead, gambling can be fun. Only as an investment, you should not consider the cryptocurrency prefer. For this, the matter is far too risky.

© Christian O. break / laif

A commentary by Stefan Kaiser

AFP

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Also look so envious of our colleagues who has become rich with Bitcoin codes? Who was 100 dollars in the cyber money five years ago, she could sell them for 100,000 dollar on Wednesday. A gain of 99,900 percent. Who would not be there? Therefore, the Bitcoin code is now the hallway conversation at the office and on the dinner table. we do not want to buy something too?

Of course, it is up to every adult, as he puts his money on the line. One buys every Wednesday for 15 euros a lottery ticket, the other sitting on Saturday night at the casino at the roulette table. From this perspective you can also buy Bitcoin codes course. The chance that the price continues to rise, currently seems so at least significantly greater than the probability of a lottery first molar.

What are you but better not to do: look at Bitcoin code as an investment or even retirement. Because that has very little to do the so-called crypto currency.

Bitcoin code noise
Bitcoin code, price in US dollars since July 2011.
20122013201420152016201702,5 Tsd.5 Tsd.7,5 Tsd.10 Tsd.
Source: Bitcoin codeity

Who buys a stock, thereby acquiring a portion of the underlying company. Who puts on bonds, lends a state or company money and gets usually not only regular interest, but at the end of the term and the amount wagered back – as long as reviews and more the state or the company does not go bankrupt.

If you buy a Bitcoin code, you acquire no more so than one entry in a database. That’s it. How much of this entry is worth it, especially the demand of other Bitcoin code investors determined. If many people want to buy the cyber money, the price rises; if you get rid of more people, he falls. So simple, so risky. For behind the Bitcoin code is nothing about its own value. No factory, no guarantee of a State. He lives solely from the fact that it will do so many people now. You might as well explain rolls of toilet paper to the new currency. If enough people join in, then the cost will soon 10,000 euros per roll.

Something similar was it before: In the thirties of the 17th century was rife in Holland, the tulip fever: Bulbs, then still relatively new in Europe Flower were at times as valuable as an Amsterdam canal house. Because everyone wanted to have them and it believed that they would be so valuable. At the end of the bubble burst.

Just try to pay with Bitcoin codes your taxes

But wait, now say some experts, our regular monetary system with euros or dollars but works the same way: They’re also just coins and printed paper tickets, the only way get their value that all believe in it.

That’s true. However, compared to Bitcoin code euros or dollars have some great benefits. They are accepted by the state and regulated by central banks. These control the money supply and ensure price stability.

Above all, euros or dollars are accepted as payment anywhere in their area. Have you ever tried to buy with your Bitcoin codes at Aldi? Or even better, so to pay your taxes? As long as that is not possible, simply Bitcoin code remains only a gambler object.

Now you can argue that paying with gold as indeed is also difficult. And yet the precious metal is a popular investment for a long time. Correct. However, gold has a value already by his status as a commodity and jewelry. Because the physical resources is also limited, it will probably always be a demand.

In addition, gold is widely accepted for centuries as Notzahlungsmittel in crises. Many investors see it, therefore, rather than insurance for the real thing because as an investment. If everything collapses, they can probably replace gold nor for bread and butter, with Bitcoin code that should be difficult.

Whether that is aware of all Bitcoin code admirers?

The cartoon character Scrooge McDuck will soon be 70, and because it takes a bit to advertising, the chief editor of the issuing publisher just announced that the old duck billionaire today would probably fill his enormous money bin with Bitcoin codes.

That should sound funny and modern, but shows how the Bitcoin code hype mistaken now is. If anyone should have become rich with Bitcoin code in Duckburg, then probably only the eternal lucky Gladstone Gander, who found early on a few cyber coins for little money on the Internet. His rival Donald Duck on the other hand, the clumsy Normalo would now envy Gustav to its success – and convert his laboriously saved Taler now available in Bitcoin codes. To its peak.