Bitcoin is not investment! - page 3.

Olaf

full member

Activity: 168

Merit: 100

Quote from: alisafidel58 on March 30, 2016, 12:44:22 AM

Bitcoin is a form of money where you can invest it in different ways,its price vary from many different aspect like users,supply and demand , miners.

Some people prefer it to be compared with gold.

But theres a debate on either if it holds closer to a money transmitter then gold, and everything that follows with the money situation.

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: alisafidel58 on March 30, 2016, 12:44:22 AM

Bitcoin is a form of money where you can invest it in different ways,its price vary from many different aspect like users,supply and demand , miners.

Exactly that's right. Bitcoin is a form of money which is slowly getting spread to the people. Its not just for investment, when lot people know about it, it will get used as our local currency.

alisafidel58

full member

Activity: 364

Merit: 127

Bitcoin is a form of money where you can invest it in different ways,its price vary from many different aspect like users,supply and demand , miners.

NUFCrichard

legendary

Activity: 1218

Merit: 1003

I would say that Bitcoin is money, but it isn't accepted enough to be easily used as a currency.
It is probably used more as an investment, but then the US dollar is used as an investment in lots of 3rd world countries, so that doesn't mean that it can't be a currency and/or money too.

I see it much more like Gold at the moment though. It is money, but places don't accept it as currency, so you have to go through steps to trade it for currency before spending it. That makes it harder to use, so people treat it like an investment.

JavaLove

sr. member

Activity: 434

Merit: 250

Streamity Decentralized cryptocurrency exchange

I must disagree. Bitcoin is essentially an investment.

Of course it's a currency, but many currencies can be invested in but also have a form of value.

As an example, take gold. You can invest in it and earn significant profit when the price rises. Of course, you could lose as well. That goes for any investment, a profit is never guaranteed. You can also trade gold and it was once a means of currency, before fiat money came into play.

Same with Bitcoin. Think of it like gold. You can buy shares of it but many people still accept it as a means of payment. It doesn't matter if the price has been stable or volatile, that is up to the supply and demand of said commodity.

Point is, you can make an investment in virtually anything. Heck, I could make an "investment" in my future and learn Spanish to be able to speak it. In the world of economics, you can invest in any commodity or currency. Especially when it comes to FOREX trading, which is the core of what we're talking about.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: JimboToronto on March 29, 2016, 10:49:36 PM

Quote from: btcbug on March 29, 2016, 06:40:51 PM

Investment is a term that's used pretty loosely though.

That was what I thought when I first saw this thread's title.

Bitcoin, metals, real estate, fine art, musical instruments, ownership of businesses (including shares) and antiques are all investments.

So are friendships, children, education, experience and business contacts. Not all investments are material things.

Anything that requires effort, money or time to be put into it of some kind is an investment; and education is an investment (like you said), exercise is an investment, a bitcointalk.org account is an investment. Some investments are far more valuable than others.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: btcbug on March 29, 2016, 06:40:51 PM

Investment is a term that's used pretty loosely though.

That was what I thought when I first saw this thread's title.

Bitcoin, metals, real estate, fine art, musical instruments, ownership of businesses (including shares) and antiques are all investments.

So are friendships, children, education, experience and business contacts. Not all investments are material things.

nostal02

member

Activity: 112

Merit: 10

Quote from: rikky05 on March 29, 2016, 09:32:23 PM

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?

Is not an investment you are right, I'ts a currency Wink

Bitcoin as a currency is strong that it wont go down that far again,bitcoin has its user that is faithful to the currency thats why the price is high if there are no more users then the price might go down.

rikky05

full member

Activity: 141

Merit: 100

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?

Is not an investment you are right, I'ts a currency Wink

JollyTrades

hero member

Activity: 602

Merit: 500

First of all, bitcoin cannot be an 'investment' but an 'investment instrument.' Secondly, that bitcoin is not designed to be an investment instrument, or that bitcoin is in essence not an investment instrument does not preclude its being an investment instrument. Because, being an investment instrument is not an inherent property of a thing, but is about the way in which people make use of a thing. Thus, if there are speculators who think they are investing in bitcoin, then in that particular use, bitcoin becomes an investment instrument. Money, stocks, and bonds are also the same. If you use bitcoin to buy something, then in that particular use, bitcoin is not an investment instrument. Clear as it is.

btcbug

sr. member

Activity: 399

Merit: 250

Yes I kind of agree. Usually an investment is something that earns you a cash flow, for example real estate. Bitcoin could be considered a currency and it could also be considered a speculative asset at the moment. Long term it's also more a store of a value. Investment is a term that's used pretty loosely though.

The Sceptical Chymist

legendary

Activity: 3500

Merit: 6981

Top Crypto Casino

Quote from: maokoto on March 29, 2016, 05:23:46 PM

It was not intended to be an investment, but a currency. But oil was not supposed to ve an investment, but to act as fuel. Houses were not supposed to be investments, but to act as homes... etc.

But it absolutely sucks as a currency! Nobody wants to spend their bitcoin except the hardcore users who insist it's the revolutionary world currency. But it doesn't seem like it's turning out that way, does it? And what of all these shitcoins--are they currency as well? I would say hell no. They're digital gold. A way to store and transfer value.

So I say bitcoin is definitely an investment. At least more so than a currency.

maokoto

hero member

Activity: 770

Merit: 500

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

It was not intended to be an investment, but a currency. But oil was not supposed to ve an investment, but to act as fuel. Houses were not supposed to be investments, but to act as homes... etc.

aakashsangwan

hero member

Activity: 994

Merit: 1000

PUGG.io

Quote from: a7mos on March 29, 2016, 04:41:39 PM

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?

I agree with you that bitcoin was not created to be an investment. but earning from exchanges is normal for any currency. and you can not see $100 again because simply, no one wants to sell his bitcoin for this low price now

I dont agree with you that $100 price wont come , last when bitcoin came to $1000+ after that even it touched below $100 and then it got ups and down, so no price is nothing until Bitcoin is in trading, and Bitcoin was not created for investment but the way all are using the technology and now it is become more part of most of thems life earnings and savings also. So now bitcoin can be said as investment but it is like Mutual Fund which you are investing as investment but their is no confirmation that you will earn this much on this much time.

a7mos

hero member

Activity: 574

Merit: 500

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?

I agree with you that bitcoin was not created to be an investment. but earning from exchanges is normal for any currency. and you can not see $100 again because simply, no one wants to sell his bitcoin for this low price now

randy8777

legendary

Activity: 896

Merit: 1000

bitcoin can be whatever you want. for me bitcoin is a currency, store of wealth, and an investment tool. that's what my bitcoin usage looks like. at this moment there is way too much demand, so prices of $100 and even lower will possibly never happen again, unless there is very bad news such as a huge exchange that lost all its coins due to a hack or theft from inside the exchange.

Nimbulan

hero member

Activity: 658

Merit: 500

Quote from: RodeoX on March 29, 2016, 12:58:12 PM

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

currencies can be investments as gold is a kind of currency too and it is considered to be an investment

to be honest bitcoin is one of the best investment options that you can get right now thus it can make you a lot of money

Olaf

full member

Activity: 168

Merit: 100

Quote from: RodeoX on March 29, 2016, 12:58:12 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..

vero

hero member

Activity: 518

Merit: 500

investment or not is not a problem, as long it bitcoin give you a good profit maybe you think bitcoin is not investment because bitcoin doesn't have physical like gold.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

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

Topic: Bitcoin is not investment! - page 3. (Read 2235 times)