Can you stop calling Bitcoin an investment? - page 22.

m.mendoza

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Quote from: BitGunner on July 27, 2018, 07:41:35 AM

I think that btc is the best possible investment and that's why you can call btc the powerful and worthy investment number 1 as it is the first in the rating. to my mind, this is the best one ever

I cant stop calling bitcoin as an investment because i know a lot of people who become successful when they invest here in bitcoin. Theres a lot of advantages when investing in bitcoin. But you need to have a strategy here so thay you will be able to achieve your goal and to earn. Perfect timing is needed and patience everyday.

player1001101001

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Quote from: deppil on July 28, 2018, 10:58:34 PM

Quote from: KimmyF on July 28, 2018, 10:43:11 PM

My answer to this question is No. Because for me, I know and aware that Bitcoin is crypto currency but I am one of those people that also treat Bitcoin and use it as a medium for investments. Why happens that people use Bitcoin for investment? It is because of the great capabilities of this crypto currency in the market place.

This is a strange question to me. I myself invested in bitcoin. I bought bitcoin some time ago and then hold it until now I've been
profit because of this investment? why can not I say bitcoin as an investment? lol. this is definitely a lucrative investment

Exactly the same thing I did and I will be doing it. According to me, bitcoin is the best place to invest your bitcoin at higher risk to earn higher amount profit. So if you buy bitcoin at a lower price and hold it for a long time and then when the price of it going to start increasing then you will sell it and make a huge profit from it.

hatshepsut93

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

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

Why don't we see cryptographers anymore? Guess the reasons

I'm pretty sure none of them had any objections to trading, since free market is essential for the economy, and Bitcoin economy is no exception. Also, nothing in this world is created to be an investment, investing is essentially just finding undervalued things and selling them later, and things grow in their price because their demand grows, not because they were created to be a good investment.

Also, Bitcoin's success shouldn't rely on its users being strict libertarians/cypherpunks who use it because they are hardcore believers, ideally people should be using Bitcoin because it is objectively better than banks.

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

Why don't we see cryptographers anymore? Guess the reasons

Because in the early days Bitcoin was a small cypherpunk community, but now millions of people have joined this forum and other platforms. If you want to have discussions like in old good days, you should search some IRC channels or other similar places.

leeheidrick

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yeah, if no wrong satoshi nakamoto created bitcoin as digital money And what makes bitcoin as an investment is those who always want to be rich.

BigBos

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Quote from: KimmyF on July 28, 2018, 10:43:11 PM

My answer to this question is No. Because for me, I know and aware that Bitcoin is crypto currency but I am one of those people that also treat Bitcoin and use it as a medium for investments. Why happens that people use Bitcoin for investment? It is because of the great capabilities of this crypto currency in the market place.

well, although bitcoin is made to provide fast transactions, with a small fee. but its ever-growing price quickly makes the bitcoin functional changes as an investment tool. Well, I also use bitcoin as a multifunctional tool, because I can use it as a means of payment and as an asset, it's like gold in the old days.

deppil

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Quote from: KimmyF on July 28, 2018, 10:43:11 PM

My answer to this question is No. Because for me, I know and aware that Bitcoin is crypto currency but I am one of those people that also treat Bitcoin and use it as a medium for investments. Why happens that people use Bitcoin for investment? It is because of the great capabilities of this crypto currency in the market place.

This is a strange question to me. I myself invested in bitcoin. I bought bitcoin some time ago and then hold it until now I've been
profit because of this investment? why can not I say bitcoin as an investment? lol. this is definitely a lucrative investment

KimmyF

sr. member

Activity: 978

Merit: 250

My answer to this question is No. Because for me, I know and aware that Bitcoin is crypto currency but I am one of those people that also treat Bitcoin and use it as a medium for investments. Why happens that people use Bitcoin for investment? It is because of the great capabilities of this crypto currency in the market place.

merrillolive

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I only use BTC on speculation and make a profit, I have not used BTC to pay or buy anything on the market, so I always call BTC an investment unless the government of my country accept get BTC circulation

BountyGram

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Quote from: bling-bling on July 28, 2018, 06:20:10 PM

Of course we can. But at Bitcoin's current status, we cannot deny the fact that people won't be able to "think" that it is one. You are so correct with your points which is why it is quite sad that the vision and the original purpose of Bitcoin's creation has been altered and was swayed to becoming an asset giving the impression of being an investment. Surely, the big players (the very people this system is trying to run away from) have turned things around for their general benefit (many of us are also benefiting from this turn around). But I guess that's just how things work now a days as people always find ways to take advantage of every possible opportunity.

Well for me, BItcoin is still an investment, for most holders it always will be, but also look for some alternatives like altcoins and other coins to proceed with your profit in the future if bitcoin will fail this coming years.

alex M

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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.

Stormyblue

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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

Bitcoin and the Altcoins would been better in terms of market stability if they are considered and utilized as just digital currencies. With this, Cryptos would have been adapted because of their capabilities and features of its technology - Blockchain.
These are the factors that make Bitcoin and every other Altcoin an incredible invention and not just the returns on investment.

bling-bling

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Of course we can. But at Bitcoin's current status, we cannot deny the fact that people won't be able to "think" that it is one. You are so correct with your points which is why it is quite sad that the vision and the original purpose of Bitcoin's creation has been altered and was swayed to becoming an asset giving the impression of being an investment. Surely, the big players (the very people this system is trying to run away from) have turned things around for their general benefit (many of us are also benefiting from this turn around). But I guess that's just how things work now a days as people always find ways to take advantage of every possible opportunity.

richardsNY

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Quote from: carlisle1 on July 28, 2018, 12:08:51 PM

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.

focacho1

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It's important to trade with the trend, to use S/L and T/P , in case of cardinal trend changes, do not earn all the money, and the syndrome of lost profit is more likely a negative factor, I do not believe in holding, I think that swing trading will make it much more interesting

ClubXman

newbie

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Quote from: atmos on July 28, 2018, 11:40:38 AM

Even if we consider bitcoin as gambling, there is a law in this area. Another thing is that the mass introduction of legislation will reduce volatility, and hence profitability.

As soon as it becomes legal and, hence, less volatile, it is going to be stable (the opposite to "volatile:), which means you can keep your retirement money there thereafter Wink

Zeque02

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Platform for Cross Chain Fundraising

Bitcoin can be always called investments because most people hold their money until they are satisfied to the value of bitcoin. We all know that the value of bitcoin is unstable. Bitcoin can also be use as transactions of payments which is so great.

farosa

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1 & 0 😏

I agree with you, but for this moment we can not use it as a paper money. We all want the freedom which Bitcoin gives us, but that freedom also has its limitations and those limitations are too small, so many people can not settle there. In addition, it is possible to trade with today's paper money and if you don't trade with Bitcoin, it will be over one day.

CryptoKush

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I think that Bitcoin can be called an investment. You buy Bitcoin for use in the future. Also I think that Bitcoin is very similar to an asset. In the future, the price of this asset can grow very much.

Luthfiyaaa

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why we can not call bitcoin as an investment ? because in fact it is bitcoin can be used for investment. I do not think gambling, we only bet on price, but not forever. like gold, we buy gold and save it a few years ago sell it when the price of gold goes up. bitcoin is also like that. investment. not gambling.

Fmradio98

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Bitcoin is a trading investment opportunity in a modernize way in which someone can make profit.

Topic: Can you stop calling Bitcoin an investment? - page 22. (Read 2652 times)