Topic: Don't you think we should use BTC as a medium instead of capital gain ? - page 2. (Read 531 times)
July 17, 2018, 03:02:04 AM
Most peoples right now using bitcoin as investment. Its happen because many government still prohibit and ban bitcoin if used for payment. Because of that reason, many peoples and investment firm using bitcoin as an investment
July 17, 2018, 02:09:34 AM
Yeah, absolutely. Bitcoin was born to be a medium of exchange facilitating commerce. Only by making Bitcoin back to its natural mission will the price of Bitcoin be more stable and sustainably grow.
July 16, 2018, 09:31:55 PM
The fact that everyone using ETH is a more means than Bitcoin. Bitcoin has been pretty slow with the speed of development of the era and the number of people using it. Therefore it is not suitable for trading
July 16, 2018, 09:27:44 PM
It depends on what you want. People are already using at as a medium in the last 3 years and it worked. They might also just trying how it will work and it is all because if curiosity but for making it a medium for everyone, it is going to be difficult and it will take long before it happen.
July 16, 2018, 09:21:15 PM
You can use it for both, but people tend to use it more as capital gain than medium.
New Investor are coming for capital gain and there is nothing bad about it. More profits is equal to more demand which in time will result in Bitcoin being used as a medium for payments, This will take time and you should expect this to happen in near future. Some countries have already started using it as a medium and some will follow soon.
At this moment let it be used for Capital Gain. The future is Bright for Bitcoin.
New Investor are coming for capital gain and there is nothing bad about it. More profits is equal to more demand which in time will result in Bitcoin being used as a medium for payments, This will take time and you should expect this to happen in near future. Some countries have already started using it as a medium and some will follow soon.
At this moment let it be used for Capital Gain. The future is Bright for Bitcoin.
July 16, 2018, 08:01:04 PM
I think that view is ingrained in the mind. It is difficult to change.
July 16, 2018, 07:46:17 PM
Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
I agree with you, we can use BTC as a medium of transactions in every outlet that accept BTC as a means of payment in their store for the existence of BTC increasingly known and can lift the name BTC and the existence of the more famous BTC July 16, 2018, 07:35:14 PM
Yes, that's right with what you say, that we should use bitcoin for the transaction medium of the day in our lives, and not just thinking about making a profit.
July 16, 2018, 07:02:04 PM
Bitcoin, in my opinion can be used as both as a medium of exchange and used as preserved wealth or capital. Nowadays, BTC has become more reliable than ever and it has continued growing its reliability. As capital, we can use BTC in investment and as an exchange we can use it to buy anything in the online markets.
July 13, 2018, 10:11:06 PM
Bitcoin has helped a lot of people to be financially independent so it's only normal if people look forward to capital gain, but it's not that people don't use it as an exchange of medium at all. If the facilities and the way of using it as an exhang e medium gets easier, better and convenient to use without many limitations, the scale of using it as a medium of exchange will increase as well.
Look at the gold . Gold was used to be a medium of exchange and transactions. Due to investment and long lasting characteristic it has lost its currency value. It is only used as an investment. July 13, 2018, 08:50:44 AM
Bitcoin has helped a lot of people to be financially independent so it's only normal if people look forward to capital gain, but it's not that people don't use it as an exchange of medium at all. If the facilities and the way of using it as an exhang e medium gets easier, better and convenient to use without many limitations, the scale of using it as a medium of exchange will increase as well.
July 12, 2018, 12:57:08 PM
BTC it is as our place or location to get capital allowance from earnings from bitcoin, so media we use to reach bitcoin place that we have to use computer, laptop, and android. so you can find capital in bitcoin while relaxing at home with a cup of hot coffee ......
we also can find capital loss while setting at our home with a cup of tea. Actually it is not good to interfere the natural beauty. BTC was meant to be a medium but we now ,use it as a investment tool. Because of this attitude we already started our capital on bitcoin. July 12, 2018, 12:52:12 PM
Bitcoin has already been given the status of a good source of income. People want to become rich at the earliest possible by investing here. I think presently most of the people are using it as an investment instead of using as currency for economic transactions.
Because it has been taken as investment that is why it's price moves in a wide range of up and down.
It makes a profit but it also creates a loss. It is two sides of a problemBecause it has been taken as investment that is why it's price moves in a wide range of up and down.
July 12, 2018, 12:50:03 PM
The damage is already done. I mean, it's not totally wrong, just that some people got the misconception that bitcoin is a good source of income if they invest it well. But there are some users out there do use it as a medium of payment and money transfer.
I don't think that damage part done yet. However, if there is a huge fluctuation then people will be afraid of buying BTC. People won't be able use it for daily basis. July 12, 2018, 05:16:47 AM
I think that the purpose of this bitcoin can either be a medium and at same time capital gain, we will not put aside one purpose but we will maximize the purpose of the bitcoin, so that it not a wadte of oppurtunity ,other than utilizing thay bitcoin as one purpose,
July 12, 2018, 01:57:24 AM
Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
I agree with you, we can use BTC as a medium of transactions in every outlet that accept BTC as a means of payment in their store for the existence of BTC increasingly known and can lift the name BTC and the existence of the more famous BTC
July 12, 2018, 01:55:11 AM
Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
I agree with you, we can use BTC as a medium of transactions in every outlet that accept BTC as a means of payment in their store for the existence of BTC increasingly known and can lift the name BTC and the existence of the more famous BTC July 12, 2018, 01:37:36 AM
For Bitcoin to work as medium of exchange for masses, lighting network applications need to be more developed (more user friendly). In few years it could become reality - THIS is the promise which makes Bitcoin as investment interesting today, but in few years when the Bitcoin userbase reach the size lets say of Facebook, no more interesting price increase become possible anymore.
July 12, 2018, 01:37:06 AM
Can not change that mindset in the present moment
July 12, 2018, 01:31:27 AM
Bitcoin has already been given the status of a good source of income. People want to become rich at the earliest possible by investing here. I think presently most of the people are using it as an investment instead of using as currency for economic transactions.
Because it has been taken as investment that is why it's price moves in a wide range of up and down.
It makes a profit but it also creates a loss. It is two sides of a problemBecause it has been taken as investment that is why it's price moves in a wide range of up and down.
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