Topic: Bitcoin is not investment! (Read 2245 times)

Quote from: RobinHoodster on May 03, 2016, 03:59:41 AM

I think your right, it's a currency. But to complicate things one could invest in currencies.

I cant see this since this is a debate between fiat vs bitcoin.

I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah..

Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more.

same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...)

this is exactly the same way i am feeling about bitcoin

although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either.
so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending.

Bitcoin is an investment because you spend money in it and you are hoping that the value will be higher after that so you can earn a lot of money with it and that call you profit.
And that is also called an investment that you are making.

Bitcoins can be categorized as a currency now than as an investment because bitcoin is getting adopted into many platforms and into wider market (e.g. Steam, debit cards, stores, etc). However with mining still doable (although not as good as before), and with the value rising and/or falling, bitcoins can still be considered as an investment.

The exchange rate of different currencies keep rising and falling too. Bitcoin can be considered as both.

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Quote from: talkbitcoin on March 30, 2016, 09:54:44 AM

Quote from: vero on May 03, 2016, 12:42:28 PM

I think your right, it's a currency. But to complicate things one could invest in currencies.

I cant see this since this is a debate between fiat vs bitcoin.

I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah..

Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more.

same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...)

this is exactly the same way i am feeling about bitcoin

although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either.
so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending.

Bitcoin is an investment because you spend money in it and you are hoping that the value will be higher after that so you can earn a lot of money with it and that call you profit.
And that is also called an investment that you are making.

Bitcoins can be categorized as a currency now than as an investment because bitcoin is getting adopted into many platforms and into wider market (e.g. Steam, debit cards, stores, etc). However with mining still doable (although not as good as before), and with the value rising and/or falling, bitcoins can still be considered as an investment.

pissedoff

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Quote from: ravens on May 03, 2016, 12:05:18 PM

Does it really matter? Some people see BTC as currency, some see it as an investment or both. It's all just a matter of opinion.

yes you right and in my view not really important if bitcoin it's investment or currency because everyone has their views and this discussion will never run out because of these factors.

Your right this thread could continue till 100 pages and the discussion will still be going on.

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Quote from: ravens on May 03, 2016, 12:05:18 PM

Does it really matter? Some people see BTC as currency, some see it as an investment or both. It's all just a matter of opinion.

yes you right and in my view not really important if bitcoin it's investment or currency because everyone has their views and this discussion will never run out because of these factors.

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I treat bitcoin more as an investment rather then just a currency, as fiat is taking care of my expenses so whatever bitcoin I am earning I am holding it for future.

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Does it really matter? Some people see BTC as currency, some see it as an investment or both. It's all just a matter of opinion.

~Bitcoin~

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Quote from: Drekavac on March 29, 2016, 12:32:21 PM

Bitcoin is not investment but you can see more talks about price increasing and earnings on exchanges.
But i don't know why we can't see 100$ again or even less?

If we see 100$ ups and down even within weeks and month than bitcoin will not be well priced as of now. We have to see natural price movement according to simple rule of any asset like supply decrease demand increase than price should also increase. Which you can see right now happening before block halving.

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Quote from: pissedoff on May 03, 2016, 10:05:40 AM

Quote from: mindrust on May 03, 2016, 10:02:52 AM

Goddamn right.

You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.

Holding and waiting is same with gambling.

Holding bitcoins isn't same like gambling. When you gamble the risk is much higher than holding bitcoins.

Its sort of a yes and no depending on the obvious price situation.

On 1 hand you have the bullish forever side, where as long people hold bitcoin the price flux remains the same. And the other is in the case of the scenario of similar to a pump and dump, whatever you paid for bitcoin. Which is the intial investment loss, so anything below the purchase cost would be a gamble.

What youre gambling on is that the scenario of those odds are not likely to happen.

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I think so too, I feel bitcoin is a currency and not an investment tool.
I always use bitcoin as a currency, and may well impact that we can get is the price further, and-many people think that bitcoin is a good investment

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Quote from: pissedoff on May 03, 2016, 10:05:40 AM

Quote from: mindrust on May 03, 2016, 10:02:52 AM

Goddamn right.

You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.

Holding and waiting is same with gambling.

Holding bitcoins isn't same like gambling. When you gamble the risk is much higher than holding bitcoins.

Yeah gambling differs from gambling in terms of the risk involved. At the same time considering bitcoin as an investment or some other form of source depends upon the user.

pissedoff

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Quote from: mindrust on May 03, 2016, 10:02:52 AM

Goddamn right.

You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.

Holding and waiting is same with gambling.

Holding bitcoins isn't same like gambling. When you gamble the risk is much higher than holding bitcoins.

mindrust

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Goddamn right.

You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.

Holding and waiting is same with gambling.

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Quote from: talkbitcoin on March 30, 2016, 09:54:44 AM

Quote from: talkbitcoin on March 30, 2016, 09:54:44 AM

I think your right, it's a currency. But to complicate things one could invest in currencies.

I cant see this since this is a debate between fiat vs bitcoin.

I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah..

Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more.

same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...)

this is exactly the same way i am feeling about bitcoin

although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either.
so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending.

precisely how I feel as well

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You can see bitcoins as an investment because it allows you to make more money but I understand what you are saying. Bitcoin is a currency but it just gives people the opportunity to make money and that is why people see it as a investment.

RobinHoodster

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