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Topic: Bitcoin is treated a stock - page 4. (Read 2627 times)

legendary
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Top Crypto Casino
March 05, 2017, 08:12:48 PM
#2
This has been brought up before, but my take on it is that bitcoin is a lousy currency, even though it can be used as one (and is).  The price fluctuations are definitely those of a penny stock, but bitcoin's valuation definitely isn't.  And bitcoin doesn't represent a business, as shares in a company do.  It's a strange bird.  Even though it's not technically a stock, I kind of think of it as that more so than a currency.

Edit:  Franky1 said it best a few posts below.
sr. member
Activity: 546
Merit: 257
March 05, 2017, 08:09:39 PM
#1
I thought at first that Bitcoin will be a currency to be used in the future. But from what I am seeing here is that it will be treated as a stock, it is even compared to gold. What do you guys think?
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