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Topic: Can you stop calling Bitcoin an investment? - page 27. (Read 2678 times)

full member
Activity: 350
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Exactly bitcoin is not meant to be an investment asset. It is a currency we should keep it that way, like any other currency bitcoin is a currency for the digital people. Bitcoin is needed more platform to use as currency.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
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 think the OP meant to say that stop treating bitcoin as an investment because it wan not meant to be like that by the creator of the bitcoin.You still consider bitcoin as only investment because you have plan to sell your bitcoin when it reaches $50000 which simply makes bitcoin as dump and bump coin.We should use the bitcoin for what it menat for if you want bitcoin to have great future.
member
Activity: 210
Merit: 12
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.
jr. member
Activity: 238
Merit: 6
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

If an investment is made to an object to receive profits, this is an investment.

There are articles: arrived, loss, income as a percentage of capital, so this is an investment.

There will be a fixed price BTC - then it's a currency.
newbie
Activity: 140
Merit: 0
maybe the previous goals are different, the main purpose of bitcoin is to become the world's currency.
but I think it has failed, and why do you hate to call bitcoin as an investment?
I think bitcoin is more useful if it is a tool of investment than currency.
full member
Activity: 476
Merit: 100
certainly not, bitcoin is a digital currency and is good for investing well in the long run but also can be done in the short term.
full member
Activity: 644
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Bitcoin was not meant to be an investment but ended up being one. It is a good investment that will yield a good profit. Which crypto coin has a prediction to be a million dollar someday? How many people are struggling to get just one bitcoin.
member
Activity: 238
Merit: 15
Сan you pay bitcoin in any store on this planet? Or at least in your country? No? Then it's an investment))
sr. member
Activity: 490
Merit: 250
I believe you cannot stop it because it is a cryptocurrency.It is digital money.It cannot be destroyed.So as early as now, people should already invest bitcoin if they want to have a happy life.
That is true, if development of crypto will be the same like now or even bigger price of coins will be X times bigger in future and thanks to that lots of people will earn, as faster you invest as more you gain in future.
jr. member
Activity: 92
Merit: 2
The Future Of Work
We all know what bitcoin helps the price rise and therefore the value of our hold bitcoin increases. This is why it can be called investment. So you do not blame people who call the bitcoin for this because it also explains other people who are rich because of the holding bitcoins.
member
Activity: 126
Merit: 25
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.

This is it in a nutshell. While I agree with the sentiment of the original poster (and I avoid focusing on it being an investment myself) it is unfortunately unavoidable that it would be viewed as an investment.
sr. member
Activity: 518
Merit: 250
Its an very high risk investment
Yes. Investing in bitcoin is not easy it is full of risk cause you didn't know if you gain profit or not cause it is very unpredictable you need to pass all the risk before you earn.
newbie
Activity: 43
Merit: 0
I believe you cannot stop it because it is a cryptocurrency.It is digital money.It cannot be destroyed.So as early as now, people should already invest bitcoin if they want to have a happy life.
sr. member
Activity: 728
Merit: 252
I think it can not because many people already feel the benefits of bitcoin so they make bitcoin as an investment. Other than that the fluctuating bitcoin price makes it known as an investment.
legendary
Activity: 2492
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Leading Crypto Sports Betting & Casino Platform
In fact, the lay people out there already know bitcoin as an investment tool in comparison to the means of payment. well, even some countries forbid the use of bitcoin as a means of payment, or as a currency, because it can make the use of fiat become threatened. so they use the reason for bitcoin as their investment tool to use bitcoin. well, of course there are many pros and cons on this. we can not blame them for thinking like that, because pumps, and dumps of bitcoin are very quick to invite people to make it a tool of investment. well, everyone has different thoughts.
newbie
Activity: 10
Merit: 0
Bitcoin is a powerful and number one in crypto world. We can have a big profit here.
member
Activity: 311
Merit: 10
Bitcoin is a digital gold and gives everyone who does it right a massive value of profit so you can not stop some people nor all of us from here to call it as an investment. Bitcoin was made to be an investment, a future asset.
hero member
Activity: 1540
Merit: 508
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
I think nobody will stop calling it an investment because most people who use bitcoin want to earn profits from it. It's also a purpose of bitcoin, like people buy and sell usd.
newbie
Activity: 120
Merit: 0
Yes, the current market has made most people think bitcoin is a speculative commodity. I think we should pay more attention to the technology of blockchain.
full member
Activity: 378
Merit: 100
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


I think no one can stop calling bitcoin an investment. Just like what other said bitcoin is an investment because everyone here for profit. If you don't called in investment what can you called it?
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