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Topic: What do you think of people that treat Bitcoin solely as an investment? - page 2. (Read 5884 times)

newbie
Activity: 5
Merit: 0
Who's really to say? The fact is that bitcoin is BOTH a currency and an investment. It's role as an accepted and understood currency will only grow from here... at what seems to be an exponential rate  Grin
newbie
Activity: 13
Merit: 0
I don't agree to that at all, BTC is a currency more of an investment and even though I keep some as an investment I actively use BTC in this forum and in any website accepting it, The meaning of a currency is being used, keeping it as a cold investment isn't close to it's true nature at all.
sr. member
Activity: 756
Merit: 251
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I don't have any problem with people who treat bitcoin as an investment as it's profitable in the long run. There's still limited amount of merchant who accept bitcoin in some country that the currency function is not so great. We also have to deal with fee and the transaction time, so people prefer using other option that's easier, cheaper and faster.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?

Treating it as an investment isn't a bad idea it does pay out in the long run with some bad years so far depending on the entry price as it is now people are doing well if they got in even fairly recently. As a global currency it really depends on the ease of sending coins around to convert them into cash and coins.
full member
Activity: 294
Merit: 100
I believe that this is a wise move that they have earned a lot through investing. Also those peole who do it contributes to the growth of Bitcoin as it is now. There are also some people who are trading that also contributes a lot. It is the way that let them profit and I don't see any wrongs doing it. They have shaped up the market as what it really is now.
sr. member
Activity: 663
Merit: 250
That spells brilliance. These are the people who do not even ride on something convenient to use but also earn a decent--and I mean really decent-- amount of income by buying and selling.

Although some are hording, others are simply trading. Hording may actually have an adverse effect on bitcoin as it increases the demand exponentially causing the volume to shrink too low. But while we discourage hording, can we blame them when the value is multiplying really fast? I mean, carpe diem!  Cheesy

full member
Activity: 210
Merit: 100
I think Its more than an Investment Opportunity .

As Btc is becoming popular in all over world , I think In future it Might be one of the currency which people will be using normally like purchasing goods for daily needs or paying it for some service provided .

and if this happens also its value is going to be increase .

sr. member
Activity: 322
Merit: 250
Let everyone treat it as investment/ a form of wealth, then hoarding will start. There wont be supply only demands, which will cut short the daily trade and volume exchange that increases the price and get a lot of people involve in the daily trade. Investment is good but not the best way to hold a currency.
sr. member
Activity: 504
Merit: 250
I think it's a good idea if bitcoin is used as an asset as an investment for future.Because bitcoin has a good investment potential.
Even today many investors who have large capital invest in bitcoin, and they have belief that bitcoin will grow rapidly.
full member
Activity: 162
Merit: 100
There is nothing wrong if somebody makes bitcoin as an investment instrument, looking at the soaring bitcoin price and lots of rich people because it's alright, and it's okay to me, it's better that more people use and love bitcoin Rather than seeing a lot of people hate bitcoin
sr. member
Activity: 756
Merit: 294
It's a kind of error to consider to use bitcoin as an investment. You generally don't invest by buying dollars or others currencies unless you are a kind of daily traders. But most people are not. Ad you need a considerable investment to make a decent profit unless you are hoping to see the price of bitcoin doubled in a short period of time

Yes, typically people do not buy the money to invest. However bitcoin has the advantage that does not possess other currencies. Because bitcoin prices is fluctuate and tend to increase so people take advantage of this to invest. On the other hand some people make buying and selling money, for example the dollar with the euro. So I think it's fine if using bitcoin for investment for the benefit and not harm others. thank you

For me, when it comes to trading bitcoins with other altcoins, it is the same of trading fiat forex - because it is just a numbers game and when we trade, we should not think of the amount and just those decimal points that we are concern of. You only think of the amount when after you successful winning trades and withdrawing the profits.
sr. member
Activity: 406
Merit: 250
It's a kind of error to consider to use bitcoin as an investment. You generally don't invest by buying dollars or others currencies unless you are a kind of daily traders. But most people are not. Ad you need a considerable investment to make a decent profit unless you are hoping to see the price of bitcoin doubled in a short period of time

Yes, typically people do not buy the money to invest. However bitcoin has the advantage that does not possess other currencies. Because bitcoin prices is fluctuate and tend to increase so people take advantage of this to invest. On the other hand some people make buying and selling money, for example the dollar with the euro. So I think it's fine if using bitcoin for investment for the benefit and not harm others. thank you
copper member
Activity: 2940
Merit: 4101
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It's a kind of error to consider to use bitcoin as an investment. You generally don't invest by buying dollars or others currencies unless you are a kind of daily traders. But most people are not. Ad you need a considerable investment to make a decent profit unless you are hoping to see the price of bitcoin doubled in a short period of time
hero member
Activity: 1666
Merit: 502
cryptocurrency that has more value can be utilized as anything, I'm not too concerned about the people who treat bitcoin as an investment, only they ignore more value bitcoin as a global currency
Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
investment concept is get profit in the future, you can make bitcoin as an investment if you predict bitcoin will have good prospects in the next 3-5 years or more that will add price bitcoin
legendary
Activity: 1386
Merit: 1020
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I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
To be honest, bitcoin role has changed a lot.Now 90% of people using bitcoin consider it be an investment and not just a currency.
Bitcoin is bought and hold and sold frequently by every bitcoin owner these days.
This is true and people do really make it as an investment since the potential profits have no limits as long you do know when to sell and when to buy. Bitcoin has lots of purposes thats why people do really love it. You can make it as an investment at the same time you can use it as a currency online.
hero member
Activity: 602
Merit: 500
I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
To be honest, bitcoin role has changed a lot.Now 90% of people using bitcoin consider it be an investment and not just a currency.
Bitcoin is bought and hold and sold frequently by every bitcoin owner these days.
member
Activity: 85
Merit: 10
Well everyone has it's way of using things. If they only use it for that there's nothing that we can do about it.
I am happy that more people are using the Bitcoin, even if it is only solely for investing.
hero member
Activity: 1092
Merit: 501
I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?

well in my assessment, they did the right things. Look what happen now in the result of the price value of bitcoin, it almost 1216$, I remebered last year bitcoin was only 800$ something, and now less than 50% increase the value,.wow!
legendary
Activity: 2030
Merit: 1028
As I can see bitcoin value increase every year so I can consider bitcoin as investation but risky one compare if I'm invest on gold.
Bitcoin also amaze me since I can made greater profit rather than I'm invest on gold so just keep holding bitcoin and see bitcoin grow exponentially on next few year ahead
hero member
Activity: 910
Merit: 500
Yup right maybe it may lead them to less being an enthusiast. However they did use it in the firdt place and continue using it. Just like the other type of user who only uses it for trading or for transaction purpose
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