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Topic: Can you stop calling Bitcoin an investment? - page 12. (Read 2678 times)

newbie
Activity: 126
Merit: 0
bitcoin has failed as a world currency, if everyone considers bitcoin as an investment then that is another success.
after all bitcoin is more suitable to be an investment asset than a currency.
jr. member
Activity: 210
Merit: 1
we can not deny that bitcoin is best with its investment, if it's used solely as a currency can bitcoin be as well-liked as this? i feel don't bear in mind 1st the worth of one dish is 6k BTC, it's AN investment that produces loads of individuals inquisitive about bitcoin, we must always not be slender minded.
newbie
Activity: 136
Merit: 0
It makes no sense what you mean, why do you think like that and say to stop bitcoin is not an investment tool? You're wrong, bitcoin is a good coin investment, trust me.
jr. member
Activity: 238
Merit: 1
Do you not like bitcoin? so as to say something like this. Bitcoin is the number 1 coin on cryptocurrency and many people invest in bitcoin, because of the huge profits. Maybe you say like this because bitcoin is down, just calm down, there must be a time when bitcoin will rise again just wait.
member
Activity: 294
Merit: 10
why must say stop investing in bitcoin?
is it because bitcoin is going down badly? This cookie is spinning and maybe the factor has been reduced by people who invest in bitcoin, I still believe in bitcoin will grow and rise again, it can even rise until it reaches its peak.
copper member
Activity: 409
Merit: 1
The Standard Protocol - Solving Inflation
Why not, bitcoin is used more as an investment than virtual currency, bitcoin can't be used as a payment medium in general. And at the moment I am referring to bitcoin as an investment.
newbie
Activity: 144
Merit: 0
I can't agree with that thing. Bitcoin investment is great investment method. Absolutely, It's a great opportunity to make massive profits. Personally, I have made a lot of profits through BTC investment. A lot of people are saying Bitcoin is a great cryptocurrency and it is very valuable for the world. By the way, most people are saying BTC is very good for future investments. Maybe Bitcoin will become world valid currency in near the future. Whatever, Bitcoin is a great investment method.
sr. member
Activity: 2002
Merit: 250
Can you stop calling Bitcoin an investment?

This damages the cryptocurrency. Bitcoin was not created to become an investment. Before Bitcoin, there were some digital currencies years back, the goal was always to be able to create a (digital) currency free from central banks and governments.
Cypherpunks and other anarcho-capitalists are at the origin of this idea, perhaps 20 or 30 years ago. None were intended to make an investment to be rich quickly.
You won't find in the white paper "investing" mentioned, you won't find any post from Satoshi mentioning it

Considering Bitcoin as an investment, this is the reason why we have more and more regulations, G20 summits and others craps, KYC, etc...
The word "Crypto-assets" didn't exist before, why did they create it? Because you even consider it an investment, then why shouldn't they?
Bitcoin could be a lot more accepted and used by now. Why should a merchant agree to be paid in Bitcoin? He wants money, not a piece of your investment.

You're not even investing, you are just gambling with money.
Go to the altcoins board, you will surely find plenty of ICOs where you can say you invested in. I have something for you, ICOs used to raise money are no different than "Crowdfunding". If you want to invest then there are a lot of Crowdfunding websites where you can invest in real startups with fewer risks, (you won't find any project using photos from Pixabay...)

Why don't we see cryptographers anymore? Guess the reasons
in my opinion, the reason for this is that most people are more likely to see from the profit side, because many sources say that if bitcoin is profitable like gold, the value continues to increase every year, therefore many choose to invest with bitcoin or altcoins
full member
Activity: 448
Merit: 100
DOMINIUM - Decentralised property platform
Crypto people have different perception towards bitcoin whether it's a type of investment or digital currency alternate to fiat. But since people's lives are getting better because of bitcoin specifically through investment, then you can not simply tell them to stop calling bitcoin as an investment.
full member
Activity: 868
Merit: 104
this year, a lot of banks and a lot of investment companies began to invest in the crypto world! many courts believe that bitcoin is a valuable asset! on this, invest in bitcoin is necessary, it will show us even good multiplications and good profits! I completely agree with the article,)

Agreed, Bitcoin is good investment to individuals and financial institutions, big companies and banks may come forward to invest in bitcoins due to good return, part of FI's and Bank's income is from investment from various assets, be it loans, real estate or other, risk is there with every investment, so they may find Bitcoin a good investment in near future.
newbie
Activity: 23
Merit: 0
Truly, I concur with you individual. Bitcoin resembles a gold, so valuable. There are bunches of individuals utilizing this for speculation. What's more, for what reason would they say they are contributing this? It is on the grounds that they can win enormous.
member
Activity: 238
Merit: 10
this year, a lot of banks and a lot of investment companies began to invest in the crypto world! many courts believe that bitcoin is a valuable asset! on this, invest in bitcoin is necessary, it will show us even good multiplications and good profits! I completely agree with the article,)
full member
Activity: 405
Merit: 105
Absolutely not. It is and will increasingly be an investment.

In today's time, whenever someone heard the word bitcoin, the first thing it that come into their mind is investment. Since most of the user also see it as it and do it, the newbie tend to do it also. We cannot comtrol and change the fact that bitcoin now is an asset or a mere investment and not a cryptpcurrency and I think that is good because they will be interested in here and there is a possibility that the price will rich.
legendary
Activity: 1232
Merit: 1195
What you're proposing just isn't viable or workable at all. What do you expect everyone to do? Say, yes you're right and everyone magically refers to bitcoin exclusively as an currency from now on? Not gonna happen. You can't force people to use or see bitcoin as you do. I also doubt you use bitcoin 100% as a currency. What do you do with your bitcoin? Do you sell or use it to buy things as soon as you get it? Save or hold any of it? You don't have any bitcoin you're holding for a future investment at all?

Can you stop calling Bitcoin an investment?

This damages the cryptocurrency. Bitcoin was not created to become an investment. Before Bitcoin, there were some digital currencies years back, the goal was always to be able to create a (digital) currency free from central banks and governments.
Cypherpunks and other anarcho-capitalists are at the origin of this idea, perhaps 20 or 30 years ago. None were intended to make an investment to be rich quickly.
You won't find in the white paper "investing" mentioned, you won't find any post from Satoshi mentioning it

I disagree with your reasoning. Bitcoin has probably far outgrown satoshis wildest expectations and is bigger than just him and his initial intentions now, but Bitcoin was created as the way money should work. It's deflationary so that means your money should gain interest over time, not lose value due to inflation as the issuer prints more of it as they please, hence why bitcoin was designed as it is to have a fixed amount and the supply decreases over time. Because of this those who believe in bitcoin see the potential in it for an investment, which it is (in my opinion). It is also a currency and a medium of exchange, but far from perfect as a currency as it stands right now and most people (and likely including you) are seeing the potential for future gains here.

Considering Bitcoin as an investment, this is the reason why we have more and more regulations, G20 summits and others craps, KYC, etc...
The word "Crypto-assets" didn't exist before, why did they create it?

I don't think this is true. You need KYC to use most money services or businesses that transact in money which can be used to launder cash. They created the term crypto assets because that's essentially what they are and need to be classed as something (and usually the government only classes money as something they have issued). We also have absolutely no control over what the government class it as anyway.

Bitcoin could be a lot more accepted and used by now. Why should a merchant agree to be paid in

Bitcoin? He wants money, not a piece of your investment.

This isn't the reason merchants aren't accepting it. Most of them just don't see the need and those that do usually use a payment provider that gives them the fiat instantly. Can you fix the price fluctuations please so it can become a viable currency? Imagine going to a shop to buy some milk and whilst you're in the queue the value has gone up or down x amount? And this is why it currently isn't an ideal currency and is also better as an investment. Without all these people speculating on bitcoin bitcoin probably wouldn't be where it is today. Let people use bitcoin as they see fit, but this is something you, I and everyone else have absolutely no control over and trying to change that would be fruitless.
sr. member
Activity: 476
Merit: 262
EOSABC
Whenever the price comes below $6000,I would definitely call it as an investment. Because I know that the normal price of Bitcoin is not that low and price will get double or more sooner or later.
newbie
Activity: 112
Merit: 0
indeed at the first run through bitcoin is presented for computerized or digital cash and not be the venture media, but rather I think when individuals see the request of bitcoin is increment and decline that makes the cost of bitcoin is changing without fail, they feel that need to utilize bitcoin for speculation media, it is anything but an objective of bitcoin, the objective of bitcoin will be bitcoin turned into an advanced money
member
Activity: 434
Merit: 10
well i wish i could man but what else can we call it when it is not being used as a currency because several platforms don't accept it. This is the reason why it is called a form of investment at the moment but if all things being equal things will change for bitcoin to be used as a currency.
member
Activity: 133
Merit: 12
Loonie Network - For Bounty hunters & Freelancers
I'm no expert, but I think anyone is allowed to use bitcoin in any form they see fit. Just because the original creator did not define all the possible use cases for bitcoin doesn't mean it can't and shouldn't be used for such. 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. 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.
full member
Activity: 378
Merit: 100
Each bitcoin holder is a shareholder of the bank, where you can store your money, for example, that the tax authorities do not know about them. The more money in the bank, the higher the value of your shares.
jr. member
Activity: 140
Merit: 1
Initially, bitcoin was created as a universal method of payment throughout the world. But in the end, many started just investing money in it. Of course, the idea was different Smiley
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