With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
Yeah I think with soaring bitcoin prices and seeing the price changes are very fluctuating bitcoin. Many users do not consider bitcoin as a currency but assume that bitcoin is an investment commodity. The proof is currently very few users who use bitcoin as currency 
Topic: Bitcoin is no longer a currency - page 3. (Read 15346 times)
As of now since we have limited users (as compared to that of fiat), the potential of a bitcoin is extraordinary and hence people (who are coming across bitcoin niche) are giving priority to accumulate it as they believe that the price would rise over the period of time. This is making it the instrument to store the value, whereas there are some people having involved in international trading are using bitcoin as a medium of exchange because it is cheaper and faster than other options. Thus, in my opinion, the intention differs from person to person.
It is much better to say a diffrent currency because if we will look closely to the comaprison of bitcoin and fiat, both of the variable have a difference to each other. I can distiguish bitcoin a better currency because it is a crpto currency where it makes transaction easy and reliable. As you said it is an intrument for storing. But in fact it has a value which is always dependent on the demand or the scale of support of the community. Which means it value is changing so it is bettee for investment and trading.Exactly and even if there are very few merchants out there who are accepting Bitcoin at the moment, we are growing with a sustainable growth rate. Apart from the speculators, even normal people are showing interest in this technology which is the strength of a new (the core) aspect of Bitcoin. However, there is a tremendous number of people who are using fiat currencies in digital form so I don't think Bitcoin is different at that point (except - authority, control and system) so it should not be the subject of confusion when it comes to the topic of currency.
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
Bitcoin is ever green currency. It will still live .Today price of bitcoin is crossed 4000$.Which shows bitcoin will live ever.Many use bitcoin for their investment rather than a gold now a days.So just the price is keep on increasing .Its the right time to inverse your money on bitcoin.
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
It's a new generation of currency and it will always be one of the best investments. I don't know why they keep on telling that bitcoin is no longer a currency or bitcoin is dead already. Seriously, we are seeing on how did bitcoin made a massive pump and it keeps on growing after these times. 
That's true, bitcoin looks like an asset or share that we have and it keeps increasing it's value when everything is going great, and if there is some problem the price just decreases. We can compare it to a company who is developing quite well now
Yes, it is a great as an investment than as a currency. The large number of investors is treating bitcoins as mainstream investment. Bitcoins increasing value is making them the apple of investors’ eyes. I personally feel that it is not really risky investing into bitcoins and imagining about the luxurious future. 
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
It varies between the users as well based on the key role for which they use bitcoin. Large volume of fiat backing people prefer bitcoin as an large volume storage token. Few people who have got into with plans of being rich continuously invest into bitcoin periodically. Other than this small communities were found around the globe has been into bitcoin in one or the other way. 
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
Indeed, it is, but I am more likely to be in a 50/50 case, wherein in no doubt that I see bitcoin as a future of money, that it is somewhat the new era's currency, yet it is also an investment, as its price getting bigger everyday, we should try investing and soon we'll have a profit to what we've invested.
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
Bitcoin is ever green currency. It will still live .Today price of bitcoin is crossed 4000$.Which shows bitcoin will live ever.Many use bitcoin for their investment rather than a gold now a days.So just the price is keep on increasing .Its the right time to inverse your money on bitcoin.
The fact is my goverment still not realize the power of bitcoin otherwise many country start to accept bitcoin as well without any doubt
Bitcoin value reach $ 4000 means that more country have believe on bitcoin power for better future especially for transaction purpose
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
Bitcoin is ever green currency. It will still live .Today price of bitcoin is crossed 4000$.Which shows bitcoin will live ever.Many use bitcoin for their investment rather than a gold now a days.So just the price is keep on increasing .Its the right time to inverse your money on bitcoin.
With such a pretty high price for a bitcoin, many consider it an investment, but for me it's a new generation currency with which you can earn and make purchases.
As of now since we have limited users (as compared to that of fiat), the potential of a bitcoin is extraordinary and hence people (who are coming across bitcoin niche) are giving priority to accumulate it as they believe that the price would rise over the period of time. This is making it the instrument to store the value, whereas there are some people having involved in international trading are using bitcoin as a medium of exchange because it is cheaper and faster than other options. Thus, in my opinion, the intention differs from person to person.
It is much better to say a diffrent currency because if we will look closely to the comaprison of bitcoin and fiat, both of the variable have a difference to each other. I can distiguish bitcoin a better currency because it is a crpto currency where it makes transaction easy and reliable. As you said it is an intrument for storing. But in fact it has a value which is always dependent on the demand or the scale of support of the community. Which means it value is changing so it is bettee for investment and trading.Exactly and even if there are very few merchants out there who are accepting Bitcoin at the moment, we are growing with a sustainable growth rate. Apart from the speculators, even normal people are showing interest in this technology which is the strength of a new (the core) aspect of Bitcoin. However, there is a tremendous number of people who are using fiat currencies in digital form so I don't think Bitcoin is different at that point (except - authority, control and system) so it should not be the subject of confusion when it comes to the topic of currency.
If you consider that a currency is a system of money in general use in a particular country, then I think bitcoin is a store of value,
The circumstance that bitcoin is not a legal payment method in any country of this world also confirms my thought.
The circumstance that bitcoin is not a legal payment method in any country of this world also confirms my thought.
As of now since we have limited users (as compared to that of fiat), the potential of a bitcoin is extraordinary and hence people (who are coming across bitcoin niche) are giving priority to accumulate it as they believe that the price would rise over the period of time. This is making it the instrument to store the value, whereas there are some people having involved in international trading are using bitcoin as a medium of exchange because it is cheaper and faster than other options. Thus, in my opinion, the intention differs from person to person.
It is much better to say a diffrent currency because if we will look closely to the comaprison of bitcoin and fiat, both of the variable have a difference to each other. I can distiguish bitcoin a better currency because it is a crpto currency where it makes transaction easy and reliable. As you said it is an intrument for storing. But in fact it has a value which is always dependent on the demand or the scale of support of the community. Which means it value is changing so it is bettee for investment and trading.
That's true, bitcoin looks like an asset or share that we have and it keeps increasing it's value when everything is going great, and if there is some problem the price just decreases. We can compare it to a company who is developing quite well now
You may be right, but then what this company produces? Where will the money for its existence? Any investment should stimulate the production. Now bitcoin is more like a pyramid in which people are constantly investing money with the goal of getting richBitcoin is a pyramid scheme right now
Just like any other purely speculative asset is in general. That said, Bitcoin still has at least some promise beyond that of speculation. I refer to Bitcoin use as a payment system, though it seems that nowadays there are a lot better payment systems based on cryptocurrencies out there. Still, it could be said that this company (I guess it should rather be called a foundation) makes payments possible, so it works pretty much like PayPal and other similar payment system or processor (though it uses its own tokens instead of dollars or whatever)
Bitcoin is not a pyramid scheme
And what is it then?
Most people are involved in Bitcoin looking exclusively for profits ("buy low sell high"). This is the primary use case for Bitcoin as it has been for years before and will likely remain that for many years to come. The appreciating asset you refer to is appreciating only because more bitcoins are bought than sold over time, there is no other way around it. And the returns that people earn when they sell the coins for profit are coming from other people's money spent on buying these bitcoins. There is no other way around that either
That's true, bitcoin looks like an asset or share that we have and it keeps increasing it's value when everything is going great, and if there is some problem the price just decreases. We can compare it to a company who is developing quite well now
You may be right, but then what this company produces? Where will the money for its existence? Any investment should stimulate the production. Now bitcoin is more like a pyramid in which people are constantly investing money with the goal of getting richBitcoin is a pyramid scheme right now
Just like any other purely speculative asset is in general. That said, Bitcoin still has at least some promise beyond that of speculation. I refer to Bitcoin use as a payment system, though it seems that nowadays there are a lot better payment systems based on cryptocurrencies out there. Still, it could be said that this company (I guess it should rather be called a foundation) makes payments possible, so it works pretty much like PayPal and other similar payment system or processor (though it uses its own tokens instead of dollars or whatever)
Bitcoin is not a pyramid scheme.
Bitcoin´s use case is savings! People finally have the option to invest in an appreciating asset without having to worry
about some central bank expanding the money supply or (sometimes politically motivated) other forces, which reduce
the purchasing power of their savings.
That's true, bitcoin looks like an asset or share that we have and it keeps increasing it's value when everything is going great, and if there is some problem the price just decreases. We can compare it to a company who is developing quite well now
You may be right, but then what this company produces? Where will the money for its existence? Any investment should stimulate the production. Now bitcoin is more like a pyramid in which people are constantly investing money with the goal of getting richBitcoin is a pyramid scheme right now
Just like any other purely speculative asset is in general. That said, Bitcoin still has at least some promise beyond that of speculation. I refer to Bitcoin use as a payment system, though it seems that nowadays there are a lot better payment systems based on cryptocurrencies out there. Still, it could be said that this company (I guess it should rather be called a foundation) makes payments possible, so it works pretty much like PayPal and other similar payment system or processor (though it uses its own tokens instead of dollars or whatever)
That's true, bitcoin looks like an asset or share that we have and it keeps increasing it's value when everything is going great, and if there is some problem the price just decreases. We can compare it to a company who is developing quite well now
You may be right, but then what this company produces? Where will the money for its existence? Any investment should stimulate the production. Now bitcoin is more like a pyramid in which people are constantly investing money with the goal of getting rich.
That's true, bitcoin looks like an asset or share that we have and it keeps increasing it's value when everything is going great, and if there is some problem the price just decreases. We can compare it to a company who is developing quite well now
Just realize this matter after reading your post, that is a really good point. Bitcoin really is usually used in trading, also used in saving and exchanging it to real money. They are not that usable on transactions that use bitcoin as a currency or payment, yes it might be used sometimes but not all the time.
That's the fact indeed, the fee of bitcoin is now beyond what people usually call cheap, I always thinking twice before sending my bitcoin elsewhere, making a transaction and use bitcoin as a way to pay is not so convenient, the time needed to have 1 confirmation and the fee it's required is just not really "usable".Maybe the price increase of bitcoin really give many people happiness but not for those who just use it for making a transaction and way to pay something.
For me, yes bitcoin is just an investment. But it is somehow called a cryptocurrency where in it is a internet money. Well you can exchange it to your currency so you can used it. But it is not a currency. I think the government has a right to declare such currency.
Jump to: