Can you stop calling Bitcoin an investment? - page 11.

muarip

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Quote from: ajiejot on August 14, 2018, 09:11:14 PM

I agree to you, most of people nowadays thinks that Bitcoin can help them to become rich, they don't even know how bitcoin works, most of people now that cryptocurrency will save them, they should learn first how to use cryptocurrency, they should know how it works before investing, and at last, they are the one who blaming bitcoin why their investment lost.

That's right, something people have to do before they know Bitcoin and learn more about Bitcoin.

Elickjack

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It depends on the person who wants to call it but in my opinion it will be very difficult because bitcoin is indeed an investment place that can benefit anyone who invests in it.

MedicineVNT

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You can call a bitcoin as an investment because bitcoin is a good currency and it is good if you invest in a profit. It can help us to make more money and invest in it Your property

BigTeeths

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As of this time, people won't do that. Bitcoin is only used just to gain more money so it as an investment and not as a tool for real-life usage. If you really want your vision to happen, you need to contribute things like markets where bitcoin is very convenient to us and not just for a typical speculative investment.

btcmmo9314

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Many people are involved in crypto for investment purposes. I myself find Bitcoin is slowly becoming an investment, people invest their money to make a profit from Bitcoin. They do not seem to have much purpose.

needtor22

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I think we will not stop to benefit from our investment in bitcoin, because bitcoin is also a good way we use a lot of things and we can easily get many benefits, even though the price is now down, we will also be patient and wait at the peak price

ajiejot

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I agree to you, most of people nowadays thinks that Bitcoin can help them to become rich, they don't even know how bitcoin works, most of people now that cryptocurrency will save them, they should learn first how to use cryptocurrency, they should know how it works before investing, and at last, they are the one who blaming bitcoin why their investment lost.

Sandracrypto

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I definitely agree with you. Bitcoin was not developed to be a means for people to invest in. The developing idea was to create a decentralized ecosystem to solve the challenges the centralized nature of the world financial system faced in relation to transactions of goods and services...

jaicos88

newbie

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I think we will not stop investing in bitcoin now, because now a good time we can do, because the price is still cheap, so we will also get a lot of bitcoin at a higher price.

worldsuccess01

newbie

Activity: 119

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Absolutely it is not happen I can stop calling bitcoin as investment because it is like a gambling or a big business that the investors will buy any token those very selling coins and we had no right to stop about this because this is operating into a good communication and profits of all members.

adadaorlina

full member

Activity: 420

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I consider Bitcoin as an investment. If people appreciated it more as an investment then why not though bitcoin was made to be a currency yet it turned out to be an investment. People want to make money, nobody cares much about spending it, there are so many ways you can do that. When people see an opportunity to make money, they will use it because that's what matters to them at the end of the day, making money.

PrudnikovLS

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In that Bitcoin is called an investment there is nothing terrible and this does not harm its reputation in any way. I think you are in vain worried about this.

Tubig

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Quote from: TheQuin on July 27, 2018, 07:02:18 AM

The limited supply and the distribution process leads to the analogy of gold. It's not hard to also see the similarity of something that was once a universally used as currency also being considered an asset and therefore an investment. While I don't disagree with what you say I think it is inevitable and unavoidable that many people will view Bitcoin as digital gold and an investment.

but the purpose of crypto is to become similarly like fiat but in digital form that can provide more efficiency to people. But I guess they call it as invest because they see the chance that they can earn because of the volatility of the crypto price.

LeGaulois

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If Bitcoin had a fixed value the majority wouldn't use it as their investment nor as a currency. Bitcoin could be used for the main reasons it was created for. People in need of an alternate currency for cross-border payments, free from any authority. Unbanking all of us to get a total control over our money. The idea of a cryptocurrency originated from anarchists.

And considering Bitcoin as an investment, sorry but there are better investments with your bank and much fewer risks.
I would rather prefer to earn a 6% per annum than to lose 400% in 2 months.

OSEIBOATENG

member

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Looking at the nature of BTC I think there is no way it can be called an investment but I have seen so many threads saying it is an investment and I think this has to be stopped.

KINGCHACHA1

jr. member

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Investment is anything that yields interest. Anything that is purchase or done with the aim of making profit in future be it long or short term profit is investment, so it is not wrong to call bitcoin investment. Bitcoin is a currency, an asset and a technology.

2408AAY

newbie

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I don't know what you want to call bitcoin but I will not stop calling it an investment though aside from bitcoin generating profits, bitcoin can be used for other transactional activities.

SecureCryptoPayments

newbie

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Until now, there are those who save money buying gold slips. But this is not an investment. This is to protect yourself against risks. Saving, so let's say. Why can not this be bitcoin in the future?

flash101k

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I need you to point out that you can prove that it is not an investment. You can see anything that is profitable is considered the investment. You can see people buying gold is also considered an investment or a hoard of property. Everything has different calls depending on what it does.

kelenikels

newbie

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In my own opinion, bitcoin would always be regarded as an investment. Many people enjoyed bitcoin growth as at last year and this increased the value of their portfolio significantly.When people see an opportunity to make money, they will use it because that's what matters to them at the end of the day, making money. If I believe that buying bitcoin and holding it for a long term is going to make me money, then, by all means, allow me to do that.

Topic: Can you stop calling Bitcoin an investment? - page 11. (Read 2652 times)