I think for most it's like an investment for now and the simple logic behind it is there aren't many places you can spend it and if you spend it the process of buying for some is a little difficult, so they buy it and hodl it hoping they can sell it when the price is up, like the early adopters did. We need more businesses, at-least online ones at first to start accepting Bitcoin so that more people use it to buy stuff and don't just hodl it for future.
The buying/selling process needs to be simplified but it's difficult since most of the exchanges are demanding KYC forms to be submitted now and people tend to avoid giving personal information to unknown websites.
Topic: Bitcoin: currency or investment? - page 2. (Read 2828 times)
both investment and currency. of course while a high risk investment includes the possibility of high or even complete losses, it also means the possibility of very high returns.
No reason it can't be both. Most currencies typically are both held and traded.
Op want to ask on wich side?? Our personal or our country???
For my country from the last year they didnt care about bitcoin anymore, they only talking about it around 3 years ago...
But for me i always make bitcpin and others alt coin as my digital currency, never try or think to make some investment on it...
For my country from the last year they didnt care about bitcoin anymore, they only talking about it around 3 years ago...
But for me i always make bitcpin and others alt coin as my digital currency, never try or think to make some investment on it...
bitcoin is a currency in the short term, but people hold it for many years and see it as an investment.
imo its both
imo its both
i see it as a currency for this time
it might start being an investment soon
but i will still using it as a currency
it might start being an investment soon
but i will still using it as a currency
I started out using it as a currency when the price went above $500 and then it went down to $300 and I started to hodl. I tend to stop using it as a currency, when the price drop below the average level at what I bought it for.
In every sense of the word, I only use the profits between the buying and selling price, and never use more than the amount I put down to buy it. < Example – Buy $5000 worth / price increase and the profit is $500 / Spend the $500 worth, but keep the reserved amount of coins >
Do not spend any, when the selling price goes below the buying price.
In every sense of the word, I only use the profits between the buying and selling price, and never use more than the amount I put down to buy it. < Example – Buy $5000 worth / price increase and the profit is $500 / Spend the $500 worth, but keep the reserved amount of coins >
Do not spend any, when the selling price goes below the buying price.
Both. It satisfies the properties of a currency (with shining stars) and that is it's main purpose, but especially today with it's volatility can also be considered an investment / speculative commodity.
right now we can say that bitcoin is investment
and all the user is just waiting for the price go higher..
and we will just make profit from it when bitcoin become a worldwide currency or after the mass adoption..
so until it not happen for me it will remain as investment..
and all the user is just waiting for the price go higher..
and we will just make profit from it when bitcoin become a worldwide currency or after the mass adoption..
so until it not happen for me it will remain as investment..
as for me.
bitcoin is a currency and an investment itself.
that is why bitcoin is so unique and hve a great potential.
bitcoin as a currency overcomes usd...
and bitcoin as an investment it is so awesome.
althought it still need to be long term to earn more.
gg..
bitcoin is a currency and an investment itself.
that is why bitcoin is so unique and hve a great potential.
bitcoin as a currency overcomes usd...
and bitcoin as an investment it is so awesome.
althought it still need to be long term to earn more.
gg..
bitcoin is meant to be a currency, and it should be headed that way but we are nowhere near that point in time. there is still a lot of problems involving bitcoin which i think is the main reason why it is still an investment and not a currency.
two major ones that i can mention are extremely volatile price and slow confirmations.
two major ones that i can mention are extremely volatile price and slow confirmations.
Currency for the nerds, investment for the wise, speculation for the mass 
that is not anything new. bitcoin is currently mostly used as an investment and it is mostly being traded for earning more fiat. and I think it is because there is not enough usage for it.
From my personal experience and my personal point of view, i can say that this Bitcoin for the last 9 months was totally alternative world currency especially on digital world..
But for the day when this bitcoin born and being introduced to public until 9 months ago, i think bitcoin was some very high risk investment thing....
But for the day when this bitcoin born and being introduced to public until 9 months ago, i think bitcoin was some very high risk investment thing....
In Germany bitcoin is recognised like a private money,it is propably the best legislation for btc.Generally Europe is friendly for digital currencys,USA i see like nightmare
I'am going to speak my self only here , I personally see Bitcoin as an investement for now I was too late for the train I guess since I started in late 2014 but I hope I can get on another train so hopefully the price will increase , It can be a currency but for now .. we should go mainstream and % of world population should start using it before going there .
so hopefully the price will increase , It can be a currency but for now .. we should go mainstream and % of world population should start using it before going there .
Both, and that could be one of the many cool aspects of Bitcoin, you can manage your money everywhere, freely. With fiat, if for example you want to invest in forex platforms, there will always be regulations and delays with deposits and withdrawals.
It's hard to say that bitcoin can be used as currency because many governments ban bitcoin utilization in their teritory. It's also bitcoin hasn't ready yet to go mainstream so there's no many merchants accepting bitcoin right now.
In other side many people use bitcoin as their investment or like currency trading. They don't use bitcoin, but they change their bitcoin into FIAT.
In my opinion, bitcoin is both of them. I can use bitcoin as currency only via online trading in some merchants and investment for the future.
In other side many people use bitcoin as their investment or like currency trading. They don't use bitcoin, but they change their bitcoin into FIAT.
In my opinion, bitcoin is both of them. I can use bitcoin as currency only via online trading in some merchants and investment for the future.
BTC is sui generis/de novo
much like email is an aspect of the internet, it is not the internet....
investment, money, commodity, are all aspects of BTC but they are not the entirety of BTC.
much like email is an aspect of the internet, it is not the internet....
investment, money, commodity, are all aspects of BTC but they are not the entirety of BTC.
It's both right now but hopefully it gets to the point where it's not an investment, just a currency. We want the volatility to go away.
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