Bitcoin as an investment - page 3. | Bitcointalksearch.org

ThatDGuy

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Quote from: fewcoins on December 15, 2014, 11:00:52 PM

Quote from: Ibian on December 15, 2014, 10:43:08 PM

Quote from: rogerdonkey on December 15, 2014, 10:19:24 PM

Quote from: sgbett on December 15, 2014, 07:31:34 PM

Bitcoin isn't an investment, it's insurance.

insurance? are you kidding me?? what you mean with insurance???

http://www.usdebtclock.org/

That's what he means. We will see hyperinflation, or default, or a massive war within our lifetimes. Bitcoin is independent of any of the fiat economies. It's digital gold.

LMFAO! Is that why it is getting hammered along with gold??? BTC is looking like a 0.0001 penny stock that keeps going to .0002 & back down again & again... it's sad, please don't compare it to gold, anything but a real asset that has almost always held value on this earth. Get that pump n dump propaganda the fuck out of here, we are in the dump phase

BTC shares quite a few qualities with gold, regardless of whether or not you choose to accept those factual similarities. It also has advantages that differentiate it sufficiently to carve out its own place.

RodeoX

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The revolution will be monetized!

Quote from: TeeBone on December 16, 2014, 01:48:52 AM

Quote from: soy on December 15, 2014, 03:21:39 PM

Quote from: RodeoX on December 15, 2014, 02:13:16 PM

Bitcoin was never meant as a investment and it is risky to do so.

The early hype was that since the number of Bitcoins that can exist won't change it will have better long term value than fiat. This was after some years of savings accounts earning pennies per thousand dollars per year. So, I'd say it was presented as an investment.

Marketing lies, guy. That's all it is, one lie after another. 'digital gold' is another good one lmao. Litecoin too is 'digital silver' lmao. The bitscam pyramid is one for the history books.

Marketing by who? I have never sold a bitcoin and could care less about what other people do. Bitcoin is my money and I use it almost daily now. Suit yourself, but it has been the best financial decision of the decade for me.

TeeBone

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Activity: 502

Merit: 251

Quote from: soy on December 15, 2014, 03:21:39 PM

Quote from: RodeoX on December 15, 2014, 02:13:16 PM

Bitcoin was never meant as a investment and it is risky to do so.

The early hype was that since the number of Bitcoins that can exist won't change it will have better long term value than fiat. This was after some years of savings accounts earning pennies per thousand dollars per year. So, I'd say it was presented as an investment.

Marketing lies, guy. That's all it is, one lie after another. 'digital gold' is another good one lmao. Litecoin too is 'digital silver' lmao. The bitscam pyramid is one for the history books.

fewcoins

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Activity: 126

Merit: 100

Quote from: Ibian on December 15, 2014, 10:43:08 PM

Quote from: rogerdonkey on December 15, 2014, 10:19:24 PM

Quote from: sgbett on December 15, 2014, 07:31:34 PM

Bitcoin isn't an investment, it's insurance.

insurance? are you kidding me?? what you mean with insurance???

http://www.usdebtclock.org/

That's what he means. We will see hyperinflation, or default, or a massive war within our lifetimes. Bitcoin is independent of any of the fiat economies. It's digital gold.

LMFAO! Is that why it is getting hammered along with gold??? BTC is looking like a 0.0001 penny stock that keeps going to .0002 & back down again & again... it's sad, please don't compare it to gold, anything but a real asset that has almost always held value on this earth. Get that pump n dump propaganda the fuck out of here, we are in the dump phase

exocytosis

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Activity: 476

Merit: 250

Quote from: Ibian on December 15, 2014, 10:43:08 PM

Bitcoin is independent of any of the fiat economies.

Oh, really?

Yet Bitcoin's value is measured in USD ... And merchants "accepting" bitcoin, actually doesn't accept Bitcoin at all, but USD through Bitpay and Coinbase ... Doesn't sound very independent to me.

If all the fiat economies of the world were to come crumbling down at the same time, would poor peasants in Africa and Asia all suddenly come flocking to Bitcoin? Or would they perhaps focus on getting food in their stomachs instead?

The Bitcoin hype started dying as soon as Gox went out of business and took Markus and Willy with it. Every BTC bubble was fueled by Gox manipulation schemes. Now the world is seeing bitcoin for what it really is: A couple of thousand deluded cultist hoarders, and another couple of thousand junkies and pervs looking for drugs and child porn on the deep web.

kingscrown

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http://fuk.io - check it out!

imo its not an investment - just a curency

Ibian

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Quote from: rogerdonkey on December 15, 2014, 10:19:24 PM

Quote from: sgbett on December 15, 2014, 07:31:34 PM

Bitcoin isn't an investment, it's insurance.

insurance? are you kidding me?? what you mean with insurance???

http://www.usdebtclock.org/

That's what he means. We will see hyperinflation, or default, or a massive war within our lifetimes. Bitcoin is independent of any of the fiat economies. It's digital gold.

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: RodeoX on December 15, 2014, 02:13:16 PM

Bitcoin was never meant as...

People need to stop saying this.

rogerdonkey

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Quote from: sgbett on December 15, 2014, 07:31:34 PM

Bitcoin isn't an investment, it's insurance.

insurance? are you kidding me?? what you mean with insurance???

fewcoins

full member

Activity: 126

Merit: 100

Quote from: sgbett on December 15, 2014, 07:31:34 PM

Bitcoin isn't an investment, it's insurance.

Insurance?! LMFAO! It's actually a guarantee that your money will be moved around in a Ponzi scheme format and placed into someone else's pocket (usually mine)

sgbett

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Bitcoin isn't an investment, it's insurance.

the joint

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Quote from: RodeoX on December 15, 2014, 04:39:48 PM

Quote from: the joint on December 15, 2014, 04:32:02 PM

Quote from: soy on December 15, 2014, 03:21:39 PM

Quote from: RodeoX on December 15, 2014, 02:13:16 PM

Bitcoin was never meant as a investment and it is risky to do so.

The early hype was that since the number of Bitcoins that can exist won't change it will have better long term value than fiat. This was after some years of savings accounts earning pennies per thousand dollars per year. So, I'd say it was presented as an investment.

Did you read the Satoshi white paper?

That is how BTC was presented.

I didn't get that from the white paper? It does not mention investing or speculating on bitcoin. I'm certainly not saying you can't and many, many people have encouraged others to speculate. But I don't see where Satoshi has?

Actually, I meant the opposite. I meant that the white paper is how BTC was "presented," and it was presented as a framework for a decentralized monetary system, and not as an investment.

sniveling

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Satoshi intended it as a store of value and you could speculate on any store of value like gold or dollars. I thought he created it as a store of value for when banks go bankrupt.

RodeoX

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Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: the joint on December 15, 2014, 04:32:02 PM

Quote from: soy on December 15, 2014, 03:21:39 PM

Quote from: RodeoX on December 15, 2014, 02:13:16 PM

Bitcoin was never meant as a investment and it is risky to do so.

The early hype was that since the number of Bitcoins that can exist won't change it will have better long term value than fiat. This was after some years of savings accounts earning pennies per thousand dollars per year. So, I'd say it was presented as an investment.

Did you read the Satoshi white paper?

That is how BTC was presented.

I didn't get that from the white paper? It does not mention investing or speculating on bitcoin. I'm certainly not saying you can't and many, many people have encouraged others to speculate. But I don't see where Satoshi has?

1Referee

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If you focus on the legit price of Bitcoin then current rate is an amazing achievement and the right price.

People are constantly mentioning Bitcoin was $900 $1000 bla bla bla. That was 100% manipulation thus not legit.

Of course miners and early adopters kept dumping at such prices. It would have been weird if they didn't dump.

the joint

legendary

Activity: 1834

Merit: 1020

Quote from: soy on December 15, 2014, 03:21:39 PM

Quote from: RodeoX on December 15, 2014, 02:13:16 PM

Bitcoin was never meant as a investment and it is risky to do so.

The early hype was that since the number of Bitcoins that can exist won't change it will have better long term value than fiat. This was after some years of savings accounts earning pennies per thousand dollars per year. So, I'd say it was presented as an investment.

Did you read the Satoshi white paper?

That is how BTC was presented.

soy

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So if we focus on the large farms continuing to dump their mined Bitcoins although there's no telling what their investors, those who buy slices of the farm, do with theirs, and figure that when they feel that their large farms are too-big-too-fail from new investments in Bitcoin miners, perhaps they'll curtail their Bitcoin dumping and allow the price to rise. If the small miner were to follow suit, say next year starting to sell each Bitcoin as it accumulates and recording the blockchain value of each payout for tax computations, then when the small miner sees a rising trend in Bitcoin price, he might buy back each Bitcoin as it approaches the value it sold at. That would seem to be the safest way to play it. Heck the average realtime blockchain value for the Bitcoins I mined this year is ~$569 while the Bitcoin value right now is ~$348. So, the large farms are hurting Bitcoin on the scale of Karpeles. It did level out the hashrate tho.

pinky

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Quote from: soy on December 15, 2014, 12:36:02 PM

The long term slow drop in Bitcoin value, is it the result of bad press foist by banks or the dumping of mined Bitcoins by large farms like those associated with KnC?

The main thing is there is less demand than one year ago which is typical for post bubble period. Then we have less press coverage, centralized mining which must sell to have positive ROI, unfavorable regulation & bans in some countries, regular auctions of seized coins, possible returning of gox coins, possible slow selling of stolen gox coins, merchant selling pressure. Bitcoin is fucked until we see something that will spur the price - new demand like accounts seizures, higher inflation, new great app,....

PolarPoint

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Despite what others may think. We are not going to see another ATH in 2015. Bitcoin will climb up slowly in 2015 with ups and downs. If you have spare cash, buy some for long term investment.

soy

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Quote from: RodeoX on December 15, 2014, 02:13:16 PM

Bitcoin was never meant as a investment and it is risky to do so.

The early hype was that since the number of Bitcoins that can exist won't change it will have better long term value than fiat. This was after some years of savings accounts earning pennies per thousand dollars per year. So, I'd say it was presented as an investment.

Topic: Bitcoin as an investment - page 3. (Read 3915 times)