Can you stop calling Bitcoin an investment? - page 19.

Zohina

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Quote from: davis196 on July 27, 2018, 07:36:37 AM

Who is calling Bitcoin an investment?I`ve never seen anyone calling it "investment" so far. Grin

People will continue to see btc as an investment opportunity,because of the price volatility and huge expectations for 25K or 50K price next year.You can`t stop them from buying bitcoins.
There is freedom of speech and opinions,you can`t create censorship.

it seems to have become human nature by buying something cheaply and it will be sold when it feels lucky, it must happen to all business people, and it happens not only on bitcoin alone, but to all cryptocurrency currencies. because most countries still consider bitcoin to be an asset, but if there are many countries that legalize bitcoin to be a direct means of payment certainly business actors will argue otherwise, and they will buy it without feeling as an asset but as a means of payment.

jpnl0003

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people are advised to stop calling bitcoin an investment as it has no guarantee as it is highly volatile. it is a technology that has loads of good things and packages to offer and not just been called a financial system of technology

Shiro21

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we can not deny that bitcoin is better with its investment, if it is used only as a currency will bitcoin be as popular as this? I think do not remember first the price of 1 pizza is 10k BTC, it is an investment that makes a lot of people interested in bitcoin, we should not be narrow minded.

liseff3

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Quote from: gilangIDR on July 30, 2018, 07:28:16 PM

Quote from: LeGaulois on July 30, 2018, 07:21:04 PM

Quote from: skibikipapa69 on July 30, 2018, 03:11:39 AM

Bitcoin will remain and will always be called an investment as long as there is demand. Bitcoin is compared like gold and that alone is enough reason for bitcoin to be called an investment. Bitcoin maybe created as an alternative to fiat currency but bitcoin found success as an investment instead of a currency.

There is a demand for potatoes too but you don't see people speculating on potatoes, going to the supermarket and buy some to hodl in the kitchen. If Bitcoin found its success as an investment as you say, so Bitcoin will never be accepted by governments and institutions to be used as a currency and so Bitcoin will never be a mainstream payment method. It(s also why we have regulations related to investments instead to get regulations as a currency

Bitcoin has a function to serve as a currency and also as an investment. For me Bitcoin is a fantastic thing and can accommodate all our needs. Many advantages possessed by Bitcoin and therefore some time ago I routinely use Bitcoin to perform financial transactions every day. In fact, I have been using Bitcoin for a long time as an investment, this is an option that we must be able to take advantage of all the conditions that exist in order to achieve a bright future for our lives.

Means its properties are more multifunctional (free to use in any way), this is very different from fiat money and credit cards that still have restrictions (boundary area / country) how to use it. While, bitcoin is easily accessible anywhere and anytime even with a smartphone.

gilangIDR

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Quote from: LeGaulois on July 30, 2018, 07:21:04 PM

Quote from: skibikipapa69 on July 30, 2018, 03:11:39 AM

Bitcoin will remain and will always be called an investment as long as there is demand. Bitcoin is compared like gold and that alone is enough reason for bitcoin to be called an investment. Bitcoin maybe created as an alternative to fiat currency but bitcoin found success as an investment instead of a currency.

There is a demand for potatoes too but you don't see people speculating on potatoes, going to the supermarket and buy some to hodl in the kitchen. If Bitcoin found its success as an investment as you say, so Bitcoin will never be accepted by governments and institutions to be used as a currency and so Bitcoin will never be a mainstream payment method. It(s also why we have regulations related to investments instead to get regulations as a currency

Bitcoin has a function to serve as a currency and also as an investment. For me Bitcoin is a fantastic thing and can accommodate all our needs. Many advantages possessed by Bitcoin and therefore some time ago I routinely use Bitcoin to perform financial transactions every day. In fact, I have been using Bitcoin for a long time as an investment, this is an option that we must be able to take advantage of all the conditions that exist in order to achieve a bright future for our lives.

LeGaulois

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Quote from: skibikipapa69 on July 30, 2018, 03:11:39 AM

Bitcoin will remain and will always be called an investment as long as there is demand. Bitcoin is compared like gold and that alone is enough reason for bitcoin to be called an investment. Bitcoin maybe created as an alternative to fiat currency but bitcoin found success as an investment instead of a currency.

There is a demand for potatoes too but you don't see people speculating on potatoes, going to the supermarket and buy some to hodl in the kitchen. If Bitcoin found its success as an investment as you say, so Bitcoin will never be accepted by governments and institutions to be used as a currency and so Bitcoin will never be a mainstream payment method. It(s also why we have regulations related to investments instead to get regulations as a currency

pedropenduko001

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well we can't stop that cause it's actually a form of investment for me. i know it was introduced for digital currency but because of its market price it become investment too

Delinquency

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No matter what you say, bitcoin is a strong and profittable investment for now. Of course people who truly understand bitcoin, knows it will be new era of the economic system. But for now we don't have to blame people who call it as "investment". I believe bitcoin will change the world really, but also i see it as investment. Wink

wow.magic

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Quote from: stefy77 on July 27, 2018, 07:09:51 AM

Absolutely not. It is and will increasingly be an investment.

I agree with this. Absolutely Not! Because bitcoin is also an investment. Many people patronize bitcoin because of investment, many people invest and many people earn more profit because of that. So no one can stop calling bitcoin as an investment.

Bumblecoin

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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.

Yes, I agree with you fellow. Bitcoin is like a gold, so precious. There are lots of people using this for investment. And why are they investing this? It is because they can earn big.

bitcoin2048

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I understand fully that bitcoin was initially created to be a currency and payment method but for now it turned out that people are using it as an investment asset so you also can not call it not an investment

artichandra

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It's inevitable because Bitcoin have limited supply, if not then maybe Bitcoin will be currency as it should be and most people know Bitcoin because it's fluctuations, thanks to that, now most people only seeing as investment not as currency.

gpamfmcq

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Most people now enter the market for speculation. I think the community is not the same as a few years ago. It used to spend a lot of time talking about technology, but now there are speculation everywhere.

nicko122

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Of course, the initial function of bitcoin is not investing. It is more a way of payment as ordinary currencies, only more convenient and universal. The concept of investing in bitcoin appeared due to its high price and rapid growth of the rate.

bitcoinman93

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Quote from: LeGaulois on July 27, 2018, 06:47:26 AM

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

community has changed rapidly, now we have more speculators here than the real supporters of the idea. People couldn't care less about the actual idea of bitcoin, they just want to get rich fast

ladner

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Quote from: LeGaulois on July 27, 2018, 06:47:26 AM

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

You can see that the bitcoin is actually a bubble, the bitcoin price after a sharp spike to $ 20000 has suddenly fallen sharply and has dropped to the $ 5800 level. The market is bearish in the long term, but you can see that bitcoin prices have been rising steadily recently and now are back at $ 8500.

Therefore, I believe that at this time you should only short-term investment and bitcoin, bitcoin prices will be able to recover strongly.

Ava Duvall

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Quote from: samiul12 on July 29, 2018, 10:46:37 AM

I call bitcoin as an asset. But day by day people are involving in digital market as the world is becoming digitalized. I also think it is not really like an investment I would rather call it as future deposit. Many people thinks different ways and I think everyone is right by their own thoughts.

exactly- everyone has an opinion on what to call them and how to refer to it. i personally don't see a problem, whatever suits you that's what you call it: future deposit, investment, etc.

skibikipapa69

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Bitcoin will remain and will always be called an investment as long as there is demand. Bitcoin is compared like gold and that alone is enough reason for bitcoin to be called an investment. Bitcoin maybe created as an alternative to fiat currency but bitcoin found success as an investment instead of a currency.

Asawakobana2017

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Quote from: Ronaldcoin2017 on July 30, 2018, 02:50:18 AM

Quote from: joelou on July 30, 2018, 02:39:15 AM

Well in my own opinion bitcoin is a virtual currency we can call it investment because if you buy bitcoin and hold it for a long term we can call it investment.that's my opinion only.

Well i think we can call it as an investment because normaly bitcoin is used for investing, I believe that we can call it as an investment because everytime price may rise up high and we can gain even if we are only holding it. So then I believe that people call it as an investment because of it.

Yes I think people can help their self calling bitcoin as an investment because mostly it is used as an investment purpose. Maybe it is a digital crypto currency that is used for gaining a huge amount of profit. I believe that most of us gain on bitcoin through holding for a long term that is why we can also call it as an investment.

Ronaldcoin2017

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Quote from: joelou on July 30, 2018, 02:39:15 AM

Well in my own opinion bitcoin is a virtual currency we can call it investment because if you buy bitcoin and hold it for a long term we can call it investment.that's my opinion only.

Well i think we can call it as an investment because normaly bitcoin is used for investing, I believe that we can call it as an investment because everytime price may rise up high and we can gain even if we are only holding it. So then I believe that people call it as an investment because of it.

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