danvilla2
I’m not an expert
There is far more Gold than the price justifies. Bitcoins are as good as a metal. I know you can't touch them, but they have a value. I think they've proved the doubters wrong.
I'd love to see my £800 turn into £10,000!!!!!
I guess they have a value for as long as people think they have a value and keep the thing going. As long as you can receive it and spend it, and someone accepts that - it is a currency of some form. The concern for someone like me who doesn’t have £10k to lose and not be bothered, is the lack of regulation around the Crypto which is where Standard or Citi could come in to make it more accessible to amateurs.
My Ether speculation didn’t do very well but it was money I was happy to lose! Buying just 1 bitcoin is a hell of a lot of money, and I’ve come across a couple of people who haven’t so much as bought a stock aside from pensions investing big money in it.