Bitcoin as of today functions more as an investment than as a currency.
Majority of hodlers don't plan on purchasing goods or paying for services using Bitcoin, so don't expect me to stop calling bitcoin what it is 'an investment'.
Topic: Can you stop calling Bitcoin an investment? - page 21. (Read 2652 times)
Well as we all know that bitcoin is an investment and we can't imagine that we can stop calling it as an investment.most of the people are interested in bitcoin because it can give them profit they rarely see bitcoin as a currency and I don't really agree to see buying crypto as a gambling.Day by day bitcoin is changing by big hands, they are manipulating us and we keep calling the moon, very soon blah blah.
Bitcoin was used as a digital currency since from the start. But this become a failure because there's a problem regarding on mass adoption and government acceptance due to its features. But still bitcoin had achieved an increasing value when some other countries are starting to use it as a mode of payment for commodities, services and some converted it to fiats. Due to its high market value, bitcoin was already considered as an investment and asset. They used as an investment because bitcoin has a huge increase of value every year. Big investors come and buy a lot of bitcoins in the market for the profit they can get from it. Bitcoin with its features made itself as an investment nowadays. And we have nothing to do when crypto community already call bitcoin as an investment.
Yeah well even though it was used quite widely as a currency at the beginning, most of it was through the silk road, as mentioned above. This unfortunately gave it a bad image and that's why there has been no mass adoption. Lawyers aren't too keen on it because of the potential darkside it has. Accountants don't see it as tangible so are a bit wary to call it an asset. Common people believe it could disappear into thin air at any given moment because of the sensationalized press coverage of a few minor hacks. Therefore the people who are using it widely are more in it for investment purposes, perhaps out of greed, perhaps out of desire to support the blockchain concept, perhaps out of a desire to stick it to the man
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The SEC, regulators and G20 summit might be after bitcoin by creating the KYC/AML rules and regulations because bitcoin was called an investment which I believe not to be rue base on the reason why the Chinese government ban bitcoin in the year 2016. How ever, I believe they are against bitcoin cause the think it could ruin their national currency.
Bitcoin can be called investment because investment is the purchase of goods that are not consumed today but are used in the future to create wealth, and bitcoin falls in this categories.
If i put my money in something it is my investment even if i am learning something it can be investment.It is just a term but same way it is possible to invest in dollar or any fiat money
All that romantic time of cyber punks has already gone and even bitcoiners don't buying with bitcoin much to high fees
On other hands bitcoin is kind of alternative investment
All that romantic time of cyber punks has already gone and even bitcoiners don't buying with bitcoin much to high fees
On other hands bitcoin is kind of alternative investment
Even though initially bitcoin was created as digital currency which can be used world wide now most of the people consider this as a good investment option as this bitcoins has many early investors to be millionaires and billionaires only by investing in the early stages of bitcoin as initially the price of bitcoin was less than a dollar now the current price is more than $ 8000 USD more over previous year the price of bitcoins has came up to $ 19300 USD which was the highest record in the history of bitcoins and other crypto currencies. After the fall in the crypto currency market now it has started to recover and more chances for the prices to rise above $ 20000 USD soon so in such a situation this bitcoins are considered as a good investment option rather than as a digital currency.
Because some are millionaires by now (and there are not a lot) it doesn't mean Bitcoin should be considered as an investment, no matter the speculation you bring up. Bitcoin is what the community does with it.
There are people who don't care to see Bitcoin dying as long as they can make money until the last day. And there are some who prefer to see for example the Bitcoin value at $1 but massively used all over the world by all the economic classes.
Even though initially bitcoin was created as digital currency which can be used world wide now most of the people consider this as a good investment option as this bitcoins has many early investors to be millionaires and billionaires only by investing in the early stages of bitcoin as initially the price of bitcoin was less than a dollar now the current price is more than $ 8000 USD more over previous year the price of bitcoins has came up to $ 19300 USD which was the highest record in the history of bitcoins and other crypto currencies. After the fall in the crypto currency market now it has started to recover and more chances for the prices to rise above $ 20000 USD soon so in such a situation this bitcoins are considered as a good investment option rather than as a digital currency.
in my opinion bitcoin is digital gold. and many people want to have for savings and investing. so bitcoin prices are high and good for future investing.
I think Bitcoin is an investment in its sense. Why peope want to be paid in bitcoin? Why people want to earn bitcoin? Why people buy bitcoin? The answer is: Bitcoin changes its price. Last year it reached $19,000 but today only $8,000. Now imagine let us you get paid with bitcoin. Of course you may hold your bitcoin and wait for its value to increase before selling them. That is investment.
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.
I completely agree with you, but after the sudden rise of Bitcoin's price in the market, has been known as one of profitable high risk, high reward investment in the internet and that people started calling it as an asset. Since then, all this medias has had a bad image for Bitcoin calling it a bubble and a scam which in fact it is not a business or an asset to invest to begin with. I think people will continue to see this as an investment because investors are giving them hope and an image.
I am totally agree with you. It will be right decision and the industry of crypto currency will certainly be benefited if we can stop calling bitcoin as an investment platform. But, I think it will not be easy to do so. Because people around us are attracted to bitcoin to gain something. Most of us like to see it as an investment platform as it is highly volatile. So, if the price of bitcoin become stable and most of the online transaction take place by using bitcoin then it will be stop calling. Hope it will be materialized sooner or later.
Absolutely not. It is and will increasingly be an investment.
I joined btc not for recreation but an investment
he created this as an currency,to be used as payments for transactions from service to product but now it has been store from all wallets and exchanges
It was heavily being used for payments in the early days, where silk road is the perfect example of how well Bitcoin can function as cash. On top of that, due to the lack of services where you can exchange your Bitcoins for fiat, people kept their coins and just spent it as a way to cash out. Bitcoins were circulating as how cash is circulating right now, and that's how it technically should be. People used it as cash because they understood the technology aspect of Bitcoin and for that reason got excited and kept using it. Right now people's understanding of Bitcoin isn't there, and they don't even bother to dive into it. It's all profits they care about.
Bitcoin was used as a digital currency since from the start. But this become a failure because there's a problem regarding on mass adoption and government acceptance due to its features. But still bitcoin had achieved an increasing value when some other countries are starting to use it as a mode of payment for commodities, services and some converted it to fiats. Due to its high market value, bitcoin was already considered as an investment and asset. They used as an investment because bitcoin has a huge increase of value every year. Big investors come and buy a lot of bitcoins in the market for the profit they can get from it. Bitcoin with its features made itself as an investment nowadays. And we have nothing to do when crypto community already call bitcoin as an investment.
How Is Bitcoin a failure? It's a success (at what level is another thing) We don't need to get the governments accepting Bitcoin. It's supposed to be free from them. You won't see the police visiting you at home to see if you downloaded a Bitcoin wallet and checking it to see if it has an activity.
You're yourself telling it: "some other countries are starting to use it as a mode of payment"
I think everyone here is for profit. how else can this be called except as an investment
It's not the truth. It's not because you see thousands of people spamming the forum to earn some bucks that it means everyone is here for profits. There are a lot of true Bitcoiners, and you can't consider only the forum, not every crypto enthusiast is a member of BitcoinTalk.
We cant ,for me bitcoin is absolutely a gambling and its only for a risk taker ,because if you already put your money here, you didnt know if it could gain or maybe lose.
Definitely because bitcoin is not really an investment it only some people are in investing maybe that's the reason why they call investing but totally it's not it's just they hold there bitcoin except they exchanged into the market that's why they think investing but it's not.
if I never call bitcon as an investment gan. but many people are accustomed to call bitcoin as a good investment place in today's modern and sophisticated. so bitcoin becomes number one and many people are hunting it .
Bitcoin is a gambling because you can`t know what would happen to your money or such a investment ,so we can`t tolerate to call it in not investment.
Yes i can stop bitcoin calling it as investment.
i will tell you that BITCOIN is my future, future of every people who are holding the coin.
BITCOIN is the future of this earth.
i will tell you that BITCOIN is my future, future of every people who are holding the coin.
BITCOIN is the future of this earth.
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