Many will say yes but the real facts about Bitcoin is hidden from us. I will try me best to revel some real facts of Bitcoin. I think, by knowing those facts you can easily find out whether you should invest in bitcoin for long term or not.
No one regulate Bitcoin and no one can control it. Any one can create an artificial market crisis and the Bitcoin price can rise. We all know Gold have price because there is demand. In a similar way, If there are Bitcoin crisis in the market then Bitcoin price will rise.
But if some one buys and hold Bitcoin in his wallet in a huge amount( nearly 1 hundred thousand million dollar of Bitcoin) then there will be an Bitcoin crisis in the market. The demand will be more than the available bitcoin in the market. The price will rise sharply. The same thing is going no now so Bitcoin price is rising.