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Topic: Bitcoin is a treasure. - page 3. (Read 599 times)

hero member
Activity: 2912
Merit: 541
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March 17, 2023, 09:40:50 AM
#45
Bitcoin is a long term investment, just like gold which has been an investment for many people for a long time. But if someone says that bitcoin is their property for them, that's also okay because maybe they think that bitcoin is something like an investment. Property here means that bitcoin is his, which applies as an investment. So there's nothing wrong with that and it's up to each person's perception. But if you can explain to those people that bitcoin is an investment like gold, that would be even better because it would change how they say it is an investment.
sr. member
Activity: 616
Merit: 317
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March 17, 2023, 09:36:08 AM
#44
Good Day medium, there is something I will want us to be aware of since bitcoin is a life-changing investment some people are taking it as property, I say this because I overhear someone making a call and saying he has 2BTC and that's is his property.
Now that bitcoin is more valuable in most countries, that shouldn't be a property it should be an investment, those who see bitcoin as property should learn more or read more about bitcoin and how it works.
To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?
Bitcoin is the most valuable asset for me bitcoin is not a treasure price to be precise bitcoin is as an inheritance for your descendants. bitcoin can prosper your family for generations, don't make bitcoin as an asset because wealth has no owner, whoever gets it, he will be lucky.
What you say is right there is nothing wrong. Maybe the OP meant to say Bitcoin as an investment and treasure because Bitcoin can make someone who owns Bitcoin get rich quick if they have it for future assets. this is just like what happened a few years ago bitcoin went up to $69,000. It does not rule out the possibility that if you buy bitcoin now, in the next few years bitcoin will pass through the new ATH.
full member
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March 17, 2023, 09:10:23 AM
#43
Good Day medium, there is something I will want us to be aware of since bitcoin is a life-changing investment some people are taking it as property, I say this because I overhear someone making a call and saying he has 2BTC and that's is his property.
Now that bitcoin is more valuable in most countries, that shouldn't be a property it should be an investment, those who see bitcoin as property should learn more or read more about bitcoin and how it works.
To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?
Bitcoin is the most valuable asset for me bitcoin is not a treasure price to be precise bitcoin is as an inheritance for your descendants. bitcoin can prosper your family for generations, don't make bitcoin as an asset because wealth has no owner, whoever gets it, he will be lucky.
copper member
Activity: 28
Merit: 13
March 17, 2023, 08:33:19 AM
#42
BTC is a cryptocurrency, a type of private, digital money that operates without the involvement of a bank or government.
As an investment asset, BTC offers capital appreciation and an inflation hedge, but its volatile price swings make it a high-risk investment.
sr. member
Activity: 574
Merit: 310
March 17, 2023, 08:15:14 AM
#41
To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?
Bitcoin can be called whatever you want depending on the angle you are viewing it from. Whatever i own and remains in my possession is a property to me. If someone owns a car that is being used for taxi, to him it is an investment and the car is his property. It is an investment because it is been used to generate income, samething applicable when it comes to bitcoin. Bitcoin is a digital investment and also it can be digital property because you as the owner only has access to it. You can decide to see it or give it out as a gift.
To me, bitcoin is an investment, it is one of my survival means.
legendary
Activity: 2086
Merit: 1058
March 17, 2023, 07:52:02 AM
#40

But if someone may ask you, what do you call BITCOIN?
If Bitcoin is said to be a “treasure” it has a deeper meaning because it is in limited supply and difficult to obtain, similar to how treasure is a rare and valuable item.

In my opinion, why do many people like using Bitcoin as an investment because as a form of digital currency it has potential and can be used as an investment opportunity in the future, but what must be considered is that its value can fluctuate at any time.
I would guess that using it as currency is something most people feel terrible about because we know that it is something that will gain a lot of value and that means if we spend it then we are going to end up being sad about it when the time comes and it doesn't really look like we have enough like we used to.

So, if I spend 1 bitcoin at 25k+ right now and buy a car, then when the price becomes 100k per bitcoin then I would be upset because I could have bought 4 cars with it, that is the sad part about it. This is why I believe that we shouldn't have done this, it was a bad choice and we should have avoided that as long as we possibly could and that is why people don't spend it too much.
member
Activity: 498
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March 17, 2023, 04:07:34 AM
#39

But if someone may ask you, what do you call BITCOIN?


If Bitcoin is said to be a “treasure” it has a deeper meaning because it is in limited supply and difficult to obtain, similar to how treasure is a rare and valuable item.

In my opinion, why do many people like using Bitcoin as an investment because as a form of digital currency it has potential and can be used as an investment opportunity in the future, but what must be considered is that its value can fluctuate at any time.
sr. member
Activity: 1456
Merit: 359
March 17, 2023, 03:55:28 AM
#38
It can be a gift or it can be a curse, there's a lot of misconception in terms of bitcoin because people think that they will easily make huge amount of money if they start accepting and buying bitcoin. I called it a gift because it can give us huge rewards, opportunities, networks and wealth if we have basic knowledge and foundation to what it is. There are now a lot of services and products all over the world that can be purchase through the use of Bitcoin, you can get a lot of abundance by understanding how it works. You can also get wealth through price appreciation or in its simplest meaning is buying low and selling it high but it is not easy as you think because there are a lot of factors that should be consider. It can bring curse to the people who are making investment without prior knowledge to what it is, they just put money without a solid and concrete plan that may cause them to lose in the future. By investing our knowledge first, we can transform that knowledge to unlimited wealth.
copper member
Activity: 2268
Merit: 539
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March 17, 2023, 12:57:22 AM
#37
Bitcoins can be anything to many people. I have seen generally people treat Bitcoins as an investment option. Some use Bitcoins to trade other coins. Some use Bitcoins to pay for services and goods. So yes Bitcoins have multiple uses and features and it completely depends on how people interact with it. I am using Bitcoins as an asset only. I am HODLing it and will sell it when I get the desired amount of profit from it.
member
Activity: 316
Merit: 43
March 17, 2023, 12:47:55 AM
#36
-snip-
Confusion is only created by those who do not understand bitcoin and how to treat bitcoin.

I think they are still idiots who don't understand Bitcoin yet or haven't learned how to work with Bitcoin. The demand for Bitcoin is huge in our civilization and I think the demand for Bitcoin will increase in our next generation. So those who have not yet understood Bitcoin are still far behind this civilization. They only create confusion among everyone without knowing what Bitcoin is. And so I think it is better to stay away from them.
full member
Activity: 896
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March 16, 2023, 11:04:48 PM
#35
Bitcoin for me is the most important assets I got now,.. I have a strong belief on this 100%, and also knew that this bitcoin is the main instrument of God to fulfill my dreams in the future. And this is the only assets digitally I can able to inherit this to my family(wife and son). Therefore,this is more than a treasures actually that I am very proud to have it the moment.
full member
Activity: 1526
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Pepemo.vip
March 16, 2023, 10:50:28 PM
#34
at first bitcoin was intended as a means of payment, from the beginning it was created there were still few people who knew and believed in it, until finally more and more people started to know about it, so that there was more and more demand for bitcoin, that's what made the price go up, until finally more and more people came to buy it. invest money with the hope of getting a profit from the investment. until now it still continues as an assumption that cryptocurrency is a place to make money
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
March 16, 2023, 09:26:21 PM
#33

But if someone may ask you, what do you call BITCOIN?

Bitcoin is an asset, an investment, a currency, and a means of payment… it can be said that bitcoin is like a multifunctional product, and what bitcoin depends on the intended use of each person. For me, bitcoin is an investment and a store of wealth, bitcoin offers me the opportunity to earn more money than any other investment thanks to its volatility. Besides, thanks to its decentralization, I use it to store my assets in the most private way. I rarely use bitcoin for payments because I like my privacy.
jr. member
Activity: 74
Merit: 1
March 16, 2023, 09:06:22 PM
#32
bitcoin is a digital currency, and many also call it the future asset, but in my opinion, everyone has different opinions on this matter, but of course no one can change it.
because bitcoin is bitcoin.
hero member
Activity: 770
Merit: 538
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March 16, 2023, 04:49:31 PM
#31
what do you call BITCOIN?

OP, property is something that is actually yours, so if the person you overheard said they have two bitcoins and it's their property, there's nothing bad about that. Something you own that's in your possession is your property. I say Bitcoin is my asset, and it is a very valuable asset. Sometimes someone can be referred to as an asset as well.
full member
Activity: 588
Merit: 223
March 16, 2023, 04:48:08 PM
#30
Bitcoin is a digital currency, or what we usually call cryptocurrencies that are operated through a system called blockchain. Bitcoin was created not just 1 person who wants to be rich because it creates a new financial system. But he or they are people who are fed up with the current financial system which is unjust and only favors a few certain groups of people.

Bitcoins are inflation free because they are limited in number. By its creator, the number of bitcoins is only limited to a maximum of 21 million coins. Because the number is limited and people's trust is what causes the price to soar. Is Bitcoin a treasure trove? Of course because Bitcoin is the asset of the future if you have studied it deeper, and I think Bitcoin is very safe because it uses a blockchain system which is very difficult to hack.
hero member
Activity: 2114
Merit: 619
March 16, 2023, 04:25:45 PM
#29
Good Day medium, there is something I will want us to be aware of since bitcoin is a life-changing investment some people are taking it as property, I say this because I overhear someone making a call and saying he has 2BTC and that's is his property.
Now that bitcoin is more valuable in most countries, that shouldn't be a property it should be an investment, those who see bitcoin as property should learn more or read more about bitcoin and how it works.
To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?
Treasure would be something you just surprisingly found in your backyard. Bitcoin definitely isn't this. But yes it's obviously an investment, it's value deviates over time and for the most part of history if you see it has gone only in the upward direction meaning that it is an excellent investment which has grown over time. Some people refer even their investments as their property so this might just be a difference of nomenclature.
hero member
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March 16, 2023, 04:25:45 PM
#28
It's not a problem if someone says that his bitcoins are his properties because it's his belonging. Property/properties isn't just limited to real estate, land or house but it's anything that belongs to you.

So if someone says that, that's true that it is his property and investment. There's nothing wrong with term used for bitcoin as an asset, investment, property, and any other terms that can be used to describe about it as a financial instrument or backing that one has.
legendary
Activity: 3010
Merit: 1280
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March 16, 2023, 04:07:24 PM
#27
To me, bitcoin is an investment and also a treasure, I don't know if am wrong or right.
But if someone may ask you, what do you call BITCOIN?

Bitcoin is indeed a treasure because it needs a huge amount of energy to be mined and lots of miners are competing just to get the block reward.  I also call it a currency because it possesses the characteristic of money.  A store of value but not really that great though because of its high volatility.

Aside from that, anything a person owns is called his property.  Just like when you buy a gadget, it is your own property.  Anything that is rightfully yours is called your property.
newbie
Activity: 1
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March 16, 2023, 03:57:05 PM
#26
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