Bitcoin is indeed a currency! It can be traded with other currencies like USD/EUR etc. And it can also be used online, just like fiat currencies can be used in shops. 
Topic: A currency or investment? - page 4. (Read 3455 times)
I definitely think that bitcoin is a currency, however many people in my city just thinks that it is an investment Bitcoin is indeed a currency! It can be traded with other currencies like USD/EUR etc. And it can also be used online, just like fiat currencies can be used in shops.
Bitcoin is indeed a currency! It can be traded with other currencies like USD/EUR etc. And it can also be used online, just like fiat currencies can be used in shops. 
Definitely currency, there are better investments, investing in bitcoin in the past 20 months hasn't been successful for anybody and the argument for holders is usually to "look longterm". If it is being used as a currency then it will also be positive for investors.
Most people still use it as an investment that they hold and hope for a revaluation in the future which may or not make it back to their local fiat. Why? because people perceive BTC as something valuable like gold, rather than cash. Only in situations where they would have a solid benefit (overseas transaction or whatever) they would use BTC imo.
I mostly take bitcoin as investment, and am strong bitcoin believer! coz there is no many places accepting bitcoin payment!
Same as me, as investment, now i just hold all of my BTC and keep it safe for a near future.
That will be both but for me, currency definitely comes first. I can imagine that in the future, I can use it to spend on practically anything and it's more like a wealth protection knowing that the value of my coins would not be manipulated.
IMO bitcion means to be money and is the meida of exchanging goods or services. Because bitcoin has much potential so ppl may hoard it for the future. But most of the coins shouldn't be hoarded there. There is no or little transaction fees collected by the miners. Miners might not be satisfied with that situation, specially after the mining reward halving, and leave the mining industry, which is hurting the bitcoin's network. The price cannot be increasing infinitely. Hopefully the bitcoin's price will be stable and the ecosystem has some balance, as the adoption rate increases and the halving aproaches.
i use bitcoin as an investment. i get bitcoin from different revenues and also i buy too. i hold bitcoin for long term investment to get the profit but i don't consider it as a get rich quick way.
BTCitcoin is more than a normal currency for me it is future of currency because it is decentralized and the government has no control over it, it is like freedom with privacy for taking it as investment in most cases so there is very solid reason for that too so many prediction from financial experts which are showing indicator it will go more high than over $1000 by the end of this year.
i would love to be able to consider bitcoin as a currency but so far i used it as a way of investment.
invest my money in bitcoin by buying when the price is low and store it, additionally i did the same thing you talked about in the OP for a while but now i focused all my attention to trading altcoin.
so i can say that i pretty much use bitcoin as an investment and a way to earn money.
invest my money in bitcoin by buying when the price is low and store it, additionally i did the same thing you talked about in the OP for a while but now i focused all my attention to trading altcoin.
so i can say that i pretty much use bitcoin as an investment and a way to earn money.
I use it as both a currency and an investment, to be honest.
When I get paid in bitcoin, I spend some of it on sites that accept bitcoin and save the rest, and if the fiat price goes up during the period I hold, then that's an added bonus.
When I get paid in bitcoin, I spend some of it on sites that accept bitcoin and save the rest, and if the fiat price goes up during the period I hold, then that's an added bonus.
I got into Bitcoin because it was a better payment method for online shopping than creditcards or wire transfers. I also do not trust PayPal. {So it started out as a currency}
The more I learned about the "store of value" potential, I started to hoard a bigger percentage of the coins I bought.
I can now say, the biggest percentage of my coins is in cold storage and I use very little for online payments and daily cofee and lunch.
It's great to have both options... You just choose, what percentage you want to use as a currency and how much you want to invest for later.
The more I learned about the "store of value" potential, I started to hoard a bigger percentage of the coins I bought.
I can now say, the biggest percentage of my coins is in cold storage and I use very little for online payments and daily cofee and lunch.
It's great to have both options... You just choose, what percentage you want to use as a currency and how much you want to invest for later.
Indeed it is great if you can do both.
Can I ask how you bought your first coins?
It's both, for people who use it daily it's a currency like I do it for gambling and buying some of the digital goods items and for people who just buy it and put it aside for long term, it's investment. But until we have more usage for it and more business accepting BTC it will be primarily used as an investment.
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Alright. I have seen so many threads asking people to vote what they take Bitcoin as. These include currency, investment, payment and tipping etc. Now, if you can only choose between currency and investment.. What do you take Bitcoin as?
I take Bitcoin as a form of currency and investment. However, currency come first. I have never invested my money into Bitcoin. I only invested my time into Bitcoin.
I went to exchange and try to sell them at high price. Upon receiving the money from selling, I try to buy them again at lower price. This way, I can 1.2x or 1.4x my Bitcoin. And I will spend them online. I will never exchange them into USD or whatsoever currency and than withdraw them - unless I'm forced to.
What about you? Currency or investment?
I take Bitcoin as a form of currency and investment. However, currency come first. I have never invested my money into Bitcoin. I only invested my time into Bitcoin.
I went to exchange and try to sell them at high price. Upon receiving the money from selling, I try to buy them again at lower price. This way, I can 1.2x or 1.4x my Bitcoin. And I will spend them online. I will never exchange them into USD or whatsoever currency and than withdraw them - unless I'm forced to.
What about you? Currency or investment?
not bad for me im invest on some coin that have a great comunity and i get profit, some people not interesting because he not learn about that coin, research before buy and waiting Big red line ( hard dump)
i want it to be a currency 100%, so no stupid vat applyed to it, but the reality is different, the true is that bitcoin is still treated as a investments in the most cases
and as long as the price will remain unstable, it will be treated as that
and as long as the price will remain unstable, it will be treated as that
What about you? Currency or investment?
Neither. Which makes it interesting.
I see it currently as an investment and a currency in the future. It does not behave as a currency simply because its not widely used nor accepted by everyone. It behaves more like a commodity, which you can invest in. Once it gains more adoption, I would start thinking of it as a currency.
lets face it, the price is so volatile that we have to look at it as an investment. It will continue to be this way until (if) a large number of the population in the world uses it, and then that number of people stays about the same. At that point the price might not fluctuate quite so much.
I see it as an investment at the moment. It is a relatively poor currency right now, as I can't spend it in enough places without having to trust someone or buy vouchers.
I use it to buy Pizza online sometime, otherwise it is an investment and some holiday treat money when I visit a major city with more chances to spend Bitcoin.
I use it to buy Pizza online sometime, otherwise it is an investment and some holiday treat money when I visit a major city with more chances to spend Bitcoin.
its both currency and investment, people can invest in currencies too if you know about forex market where people invest in currencies and commodities
I take this as currency because i can buy many stuff with bitcoin and also keep collecting bitcoins for future.
I take this as currency because i can buy many stuff with bitcoin and also keep collecting bitcoins for future.
Well is actually both, just like those who invest in currencies the trading, bitcoin offers and future investment value and currency value with a bit more edge when it comes to operational cost, from sending X amount a crossed the world to paying a developer in bitcoin for software or a coding job.
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