Bitcoin has had a pretty short history, it’s impossible to answer outright if Bitcoin a good investment. Bitcoin has proven to be stable, robust, and so far trustworthy. Part of that stability and perception depends on outlets like Mt Gox Coinbase, that allow you to convert Bitcoin for $US dollars and also $US dollars to Bitcoin. One time a Bitcoin security hole was exploited, but the Bitcoin community gracefully returned the system to normal while fixing the bug and with no Bitcoins lost or unaccounted for in the process.
Nefarious institutions like Silk road were closed which threatened the stability, exchange rate, and image of Bitcoin. However, the exchange rate recovered quickly after the news of Silk road, indicating Bitcoin wasn’t tied to just one market or business.
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