Topic: Is bitcoin just for investors (Read 389 times)
I think the major use of bitcoin is for profit purpose whether it is for investors may mean it is just for them. If someone that will buy bitcoin is an investor no matter how small quantity it is, that means it is for investors. The much talk about bitcoin anyway is for investment and asset.
The transaction people expect with bitcoin is for daily trade of goods and service but checking the volume of trade for a long while Bitcoin has retained highest volume of trade in cryptocurrency. For the over 6000 coin in the space bitcoin has the highest number of pair compare to any other coin even tether, it also hold the highest volume trade to fiat in the space, as the most used denominator in the space more fund flows into it even from the fiat, from exchanges and OTC.
I think that Bitcoin is for everyone. Everything depends what one knows and expects from Bitcoin but it's definitely not designed just for investors. It's not only made for profit but it also has a practical value in everyday life and it can be used as payment method. Unfortunately not many people knows that because we still need much more knowledge and awareness about Bitcoin among broader population.
So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?
Bitcoin should be used for every transaction not just as an asset to hold then sell it for profits, but the reality is most of the people are using it as an investment.At least people are using it when rich people of the world saying it is just scam when it was new and still now bitcoin is proving them as wrong even though they managed to make lot of paper money in this generation.It will stay strong in the future and satisfy they dream of satoshi. I do think that bitcoin is for an investor to invest but that's not all there is to it normal people also buy bitcoin to store for the future like any other asset like gold and silver back then I also used to buy gold and silver as an investment but I got to pay tax on them on top of that they don't return investment fast like bitcoin who in years incense to 10000$ from cents
Uhm, isn't buying something for the future is like buying to gain profit in the future or to retain the value of one asset is like an investment? Initially, Bitcoin was created for all people especially to the unbank one but one needs to be an investor (buyer or miner) in order to have a grasp of this Bitcoin technology. It is right to say Bitcoin is just for investors since all people invest in it in order to enjoy the benefits of having Bitcoin may it be for profit or for daily transaction use.
I do think that bitcoin is for an investor to invest but that's not all there is to it normal people also buy bitcoin to store for the future like any other asset like gold and silver back then I also used to buy gold and silver as an investment but I got to pay tax on them on top of that they don't return investment fast like bitcoin who in years incense to 10000$ from cents
I would never say bitcoin is for investors only. It is for everyone. Some people invest in bitcoin and other crypto currencies hoping that they will make some good profit in the long run. Others invest in it to use it as a regular currency due to its flexibility (i know its currently not as much flexible as fiat currency, but with government showing positive attitude and interest towards crypto currencies, we are getting there). Like look at those gamblers. They don't have to go through all those banks and other hassles. They can just invest deposit their coins within seconds on their casino wallets and start gambling right away. Again, there are people that are using crypto currencies "just for fun". They enjoy trying out new technologies and like to experiment with it.
Well I use it for gambling, most of the time! So except for all other possible activities mentioned in this thread it can be used for gambling too! Most of us see the bitcoin value trough dollars, and at the moment you know that bitcoin worth +$11k! Basically bitcoin is a valuable asset, and with your asset you do what you wish! You can treat it as investment and add more if you believe in it! You can exchange for anything else, if you don't need it or you don't believe it. It's a beauty about crypto, you do what you want to do and you can make your own conclusions! My opinion is that bitcoin is for everyone, and anyone can freely decide where and how to use btc.
Well.. bitcoin is certainly not for investors. There are a lot of local businesses that accept bitcoin and some people actually prefer to pay with it even if it is just for the privacy feature.
You mean not ONLY for investors right? Well definitely bitcoin is for everyone no matter what the individual case is investors, businessman, CEO, etc. there is no restriction in using bitcoin unless your country did prohibit it lol. Bitcoin is still in an early phase and does not YET benefit from massive institutional liquidity like commodities or forex pairs. This is why we see these sometimes violent price swings. Due to the scarcity of Bitcoins it is not likely that we'll see BTC at these prices when institutions will pour their money into the market.
Violent price swings? I don't think violent is the right word for mix mass speculation, it will be only violent to you when you expect misaligned to the outcome such as investing then opposite direction movement happens. Scarcity of bitcoin, low limited supply will enable it to soar up high in the future. 
For speculators who want to profit from bitcoin, then it is for investors. For an anonymous person who wants to maintain privacy in sending money easily, then it is for an anonymous. and for young people who are following the bitcoin trend, it is for the hits and slang groups. So Bitcoin is for everyone
So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?
Bitcoin is for everyone and it was created as a currency that gave complete freedom to people, however bitcoin is such a good currency that as of right now people have preferred to hold it or use it to accumulate more wealth, this is in fact nothing new, there is something called the Gresham's law, which basically states that “bad money drives out good money” what this means is that if there are two forms of money and one is considered to be more valuable then people by nature will keep that currency and spend the bad currency, which is precisely what we are seeing with bitcoin.
Bitcoin is for everybody who is able to acknowledge it as a special type of currency ergo Cryptocurrency. Before you delve into Bitcoin, you can actually just know that you can gain money from it. Investing is not the first thing you can do to earn from Bitcoin. Its actually an advance step if you want to earn more from it and just by learning it and doing campaigns for Bitcoin and other Alternate Cryptocurrencies can gain you money.
Well.. bitcoin is certainly not for investors. There are a lot of local businesses that accept bitcoin and some people actually prefer to pay with it even if it is just for the privacy feature.
Bitcoin is still in an early phase and does not YET benefit from massive institutional liquidity like commodities or forex pairs. This is why we see these sometimes violent price swings. Due to the scarcity of Bitcoins it is not likely that we'll see BTC at these prices when institutions will pour their money into the market.
Bitcoin is still in an early phase and does not YET benefit from massive institutional liquidity like commodities or forex pairs. This is why we see these sometimes violent price swings. Due to the scarcity of Bitcoins it is not likely that we'll see BTC at these prices when institutions will pour their money into the market.
So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?
Bitcoin whitepaper title:
Bitcoin: A Peer-to-Peer Electronic Cash System.
according to the title. it's clear that bitcoin was born to be a digital currency. but, due to the scalability and volatility, some people just don't like to use it for payment, especially for microtransactions.
most people will suggest you hodl bitcoin.
only a few people will ask you to spend your bitcoin on something, to use your bitcoin for buying/selling goods/services.
so in this case, bitcoin is dominant for investors.
however, thanks to crypto gambling platforms, it pushed bitcoin adoption for payment.
I guess your problem is the volatility? You want something "stable" for quick transactions and for holding Bitcoin short term, right?
Well, bitcoin is designed to increase/decrease in price, depending on demand and supply... If there is more demand for the coin than there is to sell , the price will increase... If there is less demand for the coin but more supply(or more to sell), the price decreases. It increases more in price than it decreases though. This is an important feature of Bitcoin that protects users (esp those using it as store of value) from inflation. It could be made to fluctuate moderately though, for the sake of quick/short-term users and people like you.
Or you could just factor in the fluctuation in price and increase the amount of Bitcoin you wish to buy a little bit... This should compansate for the shortfall in your fund whenever there is decrease in price. If price goes up, you gain
Well, bitcoin is designed to increase/decrease in price, depending on demand and supply... If there is more demand for the coin than there is to sell , the price will increase... If there is less demand for the coin but more supply(or more to sell), the price decreases. It increases more in price than it decreases though. This is an important feature of Bitcoin that protects users (esp those using it as store of value) from inflation. It could be made to fluctuate moderately though, for the sake of quick/short-term users and people like you.
Or you could just factor in the fluctuation in price and increase the amount of Bitcoin you wish to buy a little bit... This should compansate for the shortfall in your fund whenever there is decrease in price. If price goes up, you gain
right now I use Bitcoin as an investment only because I still can't shop with Bitcoin freely (there are still no stores that accept Bitcoin payments in my town) Broadly speaking, you can take advantage of Bitcoin for anything from long/short term investments, trade, payments (some countries) and gambling..
Bitcoin is not just for investors, but bitcoin is for everyone. I find bitcoin to be a fast and cost-effective international money transfer medium. Bitcoin is a store of value, people can own bitcoins or use them to pay for items in countries that accept them.
Currently, bitcoin is being accepted more and more around the world. Bitcoin is exchanged daily, so Bitcoin is not just for investors.
Currently, bitcoin is being accepted more and more around the world. Bitcoin is exchanged daily, so Bitcoin is not just for investors.
How can you say that it's just for investors only when some are using it to buy stuff online? Bitcoin has many possibilities to be use whatever you want, may it be for trading, holding, investment or buying stuffs online. There's a lot you can use of Bitcoin—it is more than that. Satoshi just made an innovation currency that no one could ever control and you can freely trade it anywhere online without the delay of what the centralized system does.
Of course not, you can also use bitcoin for digital payments and it can make it easier to send money to others. You can also trade bitcoin and many other functions.
Bitcoin is a multi-purpose asset. It can be used as required, and it doesn't have any limitations on usage. For users who want freedom of making transactions through banks can make use of it as a transaction medium. For users who want to make an earning out of bitcoin can prioritise it as an trading asset. One who expect long term or short term profit can hold it as an investment. So,it is upto the users and the way people use it.
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