Pages:
Author

Topic: Can you stop calling Bitcoin an investment? - page 29. (Read 2678 times)

member
Activity: 205
Merit: 10
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
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
@TheQuin

While we say humans are killing the humanity, we can also say bitcoiners are killing Bitcoin

If Bitcoin wasn't considered an investment, its value could be less volatile, and so more people could use it. How many time we read "Bitcoin is too volatile, I won't use it".
Accepting Bitcoin as an investment is accepting regulations. Accepting regulations is not different than accepting governments to control at some point and at some level the crypto world. Governments shouldn't be welcome, sorry, no slot for govt. the campaign is full Cheesy

What about if Bitcoin had a fixed value from the day 1? People wouldn't consider it the same
hero member
Activity: 3150
Merit: 937
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.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
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.
newbie
Activity: 308
Merit: 0
I think everyone here is for profit. how else can this be called except as an investment
member
Activity: 266
Merit: 32
Absolutely not. It is and will increasingly be an investment.

$1000 to $8000 in one year. Now Bitcoin is high risk investment and looks at its peak.

At $1000 or $2000, Bitcoin can be an investment
legendary
Activity: 2436
Merit: 1362
I agree!

Unfortunately because of the bitcoin volatility people are speculating on its value.

Its hard to get away from calling it an investment because of this and also because
of its positive long term outlook so there is Hoarding, Trading and a smaller amount
of spending.

Governments want a to collect their share from people liquidating back into FIAT
so they have to give it a name. I suppose if we all kept bitcoin etc. seperate from
FIAT and traded among ourselves for goods and services it would be different.
newbie
Activity: 18
Merit: 0
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.

I believe you're 100% right. Everything people hear and read about it leads them to believe in Bitcoin as an investment and I'm afraid there's nothing that could be done about it. As you've said, it is "inevitable and unavoidable."
full member
Activity: 658
Merit: 105
Absolutely not. It is and will increasingly be an investment.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
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.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
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
Pages:
Jump to: