Topic: Can you stop calling Bitcoin an investment? - page 26. (Read 2678 times)
It was just meant to be a currencies and coin void from government interference but it has gotten to another level where its not just an investment, its become an asset. Friend, its beyond anyone as a person, its just more than an investment.
No. Bitcoin will still continue to be an Investment for me because the more you invest and keep holding it, the more profits it generates.
Really? You think it's a profit making machine... That's why this market is so volatile. I smell a typical buy high sell low "investor".
it doesn't matter whether you call it investment or not, unless people there is possibility to gain profit people will continue invest in it.
That's unfortunate, but true. Names won't matter if the public sees it this way and in a ways it was intended to be shaped by the people. It was a project made to show if we can work together and push this project through one way or the other. I hope Satoshi is watching from the shadows and taking notes for a book about human behaviour and tendencies in society
Almost all technologies created by mankind were originally intended for the other. Bitcoin is no exception and it adapts to the current needs of its users. I believe that bitcoin can be both an investment and a payment instrument.
But as of now, people think that bitcoin get more profit if we hold for a long time and when it has fluctuated that the time people get a huge profit on bitcoin that's the reason why I think bitcoin has now remained good for investment. But I think Satoshi also did not say that bitcoin is for payment only.
Maybe because people buy bitcoin in its low price and sell upon the rise and with this process it will be somehow called as an investment in such way that we are investing for the future but basically its not an investment since bitcoin is a decentralized system and no other party to rely for the future of our money its only between you and the blockchain, and the rise of such mining site offering a big profit if we invest a portion of our bitcoin then I think that is the true investment. Therefore Bitcoin as a crypto currency is like other real currency that can be use as investment and beyond.
it doesn't matter whether you call it investment or not, unless people there is possibility to gain profit people will continue invest in it.
But following what you say, you will not any problem if suddenly the whole Bitcoin community starts to call Bitcoin an HYIP since you say "Everybody is free to call it what he wants". Media will consider it as an HYIP so.
Absolutely none, people have been calling it so many things I've lost count.
Did it stopped you believing in BTC, cause it didn't stop me ?!
I am from Europe and using the Euro currency. In my country, there are few cities that decided to create an alternative currency. It's not printed by the central bank and the government has no power over it. Guess what? These currencies are a lot accepted by the shops and citizens using it, there is even a mayor fully paid with an alternative currency. No one is calling that an investment and it's an initiative welcome and encouraged.
I'm from Europe also and also using the Euro.
Judging by your nickname you seem to be French so I can guess that one of those currencies you mentioned is the Sol. Unfortunately, I don't see any use in a currency that is pegged to the euro.
This is why you can't even consider them an investment. Maybe a hedge against the $...but not an investment.
Can you stop calling Bitcoin an investment?
What do you meant by investment? Literally it means something that you put effort,money, hardwork, deep research and etc. So now how will you convince anyone to stop Bitcoin an investment? If i bought bitcoin last year with a price of $1,000 and now it's above $8,000 should i not call it an investment? I invest money,time and patience here so i think there aint wrong by calling my bitcoin my investment cause i don't have plan to sell it not unless it reach $50,000.
I agree with you but the problem is bitcoin is made to take out third party like banks to interfere with payments though what is happening now is the reciprocal. Government is also here trying to take advantage of the massive gain cryptocurrency are earning. Bitcoin was not supposed to be an investment but its different now and with the involvement of many companies in bitcoin i think it is time to call it the digital investment
But as of now, people think that bitcoin get more profit if we hold for a long time and when it has fluctuated that the time people get a huge profit on bitcoin that's the reason why I think bitcoin has now remained good for investment. But I think Satoshi also did not say that bitcoin is for payment only.
Maybe good time running about bitcoin price so you can still invest now and another hold it.today bitcoin price good up and cross $8000 it's really not bad moment,now we have fell it soon price going up.
Many people now consider bitcoin as an investment. Most of the cases you will heard in a lot of forums of "HOLD" which means by buying cheaper bitcoin and expect to gain profitr when the market of price of bitcoin increases. I know that bitcoin is a digital currency but nowadays people learn cryptocurrency as an investment platform to gain few and big profits through trading.
No. Bitcoin will still continue to be an Investment for me because the more you invest and keep holding it, the more profits it generates.
You get me wrong because I am not giving directives to anyone, I just wanted point how people are misusing/miscalling Bitcoin.
But following what you say, you will not any problem if suddenly the whole Bitcoin community starts to call Bitcoin an HYIP since you say "Everybody is free to call it what he wants". Media will consider it as an HYIP so.
I am from Europe and using the Euro currency. In my country, there are few cities that decided to create an alternative currency. It's not printed by the central bank and the government has no power over it. Guess what? These currencies are a lot accepted by the shops and citizens using it, there is even a mayor fully paid with an alternative currency. No one is calling that an investment and it's an initiative welcome and encouraged.
Yeah the 2 comments are trying to get my nerves lol
I think everyone here is for profit. how else can this be called except as an investment
That's where you're wrong. Not everyone. In the beginning, this was about taking control away from governments and vested interests. Bitcoin was created to allow people to make financial transactions without the need for trusted third parties (banks) and to take the responsibility of money creation (printing) away from government agencies (central banks). It wasn't meant to be a way of getting rich.
Basically each will make a term about bitcoin. there is no standard rule that prohibits so-called bitcoin investment. Do you see what the effect of the mention of bitcoin as an investment?
I think people will continue to buy and sell bitcoin.
I think people will continue to buy and sell bitcoin.
Dorsey told Market Watch that "Bitcoin, for us, is not just about buying. We believe this is a transitional technology that supports our industry, and we want to learn that as quickly as possible. " He also said Bitcoin opened up "an opportunity for more and more people to access the financial system." So it is not just an investment but also many other uses .
So what the name if we buy BTC at $3000 and hold it till $15000? and we get a lot of profits? Is it not investment?
maybe the BTC is most popular with the name of investment. Bitcoin grow bigger because people say a safe investment. Yes I know in white paper Sathosi not calling the BTC is an investment, but the fact people call the BTC is an investment.
maybe the BTC is most popular with the name of investment. Bitcoin grow bigger because people say a safe investment. Yes I know in white paper Sathosi not calling the BTC is an investment, but the fact people call the BTC is an investment.
Can you stop calling Bitcoin an investment?
What do you meant by investment? Literally it means something that you put effort,money, hardwork, deep research and etc. So now how will you convince anyone to stop Bitcoin an investment? If i bought bitcoin last year with a price of $1,000 and now it's above $8,000 should i not call it an investment? I invest money,time and patience here so i think there aint wrong by calling my bitcoin my investment cause i don't have plan to sell it not unless it reach $50,000.
I agree with you but the problem is bitcoin is made to take out third party like banks to interfere with payments though what is happening now is the reciprocal. Government is also here trying to take advantage of the massive gain cryptocurrency are earning. Bitcoin was not supposed to be an investment but its different now and with the involvement of many companies in bitcoin i think it is time to call it the digital investment
Bitcoin was created for the purpose of paying for services on the internet. Most people think that bitcoin is for investment. But if Bitcoin is not used for investment, I think Bitcoin will never be as popular as it is today.
The real purpose of bitcoin is to be an alternative payment of every transaction used by humans. But there are some people who are able to think critically to take advantage of the weakness of bitcoin to make a profit as big as. Like the fluctuating price
How could it be called as digital "currency"? If nobody is intending to invest and make real money in it? Isn't it called investment if you expect you can earn profit to it?
Bitcoin is a digital currency as what you say but all currencies need to be supported in the way of investing.
Thanks for this write up. Bitcoin holders are just what you described and i believe that this has to do with ignorance on the part of majority of our members. We need more education on the need for bitcoin and reason why we should support P2P which is the rudiments of bitcoin fundamentals.
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