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Buying Bitcoin is a good idea, but only if you directly put it into other cryptocurrencies too. I see a lot of potential for other cryptocurrencies in the short term, since altcoins are still pretty much at the same price as when Bitcoin was around $5,000. There are many factors pointing the advantages of Bitcoin and why Bitcoin will grow and it's worth investing in. Bitcoin’s Lightning Network is already reducing bitcoin transaction fees to fractions of a penny and reducing confirmation time to one second. what is Bitcoin trend? This eliminates the biggest complaints about bitcoin as a payment network: “it’s too expensive” and “it’s too slow.” LN introduces some other problems but improves utility to the point it can compete with any traditional electronic payment system. Opennode, a new venture by crazy (but successful) investor Tim Draper, will be the first payment processor to use LN. Bakkt plans to eventually do something similar for Starbucks, creating a way for r...

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Having only emerged in 2008, it is still very early days for Bitcoin as a currency and probably too early to tell whether the currency is here to stay. What does seem to be accepted though is that a digital, virtual, crypto-currency is viable, so even if Bitcoin fails to reach sustainable transaction levels, it seems inevitable that some sort of crypto-currency will be in existence. Alternatives to Bitcoin Whatever happens with Bitcoin, it seems that the world of international finance and currency trading is about to get a bit more interesting.