Topic: What do you think of people that treat Bitcoin solely as an investment? - page 8. (Read 5821 times)
February 14, 2017, 12:48:12 PM
They are clever and needed. Bitcoin is universal, so we must accept everyone that comes. That might sound sectarian, but anyone that comes and can buy at least a few mBTC is greatly welcome !
February 14, 2017, 12:43:38 PM
Most people treat "foreign currencies" as investments. You use your nation's currency for day-to-day stuff, and you hold foreign currencies for either investment or to facilitate trade with foreign nations. Bitcoin falls into the "foreign" category.
February 14, 2017, 12:28:56 PM
Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
We cannot put a line when we should treat bitcoin as an investment or a currency because it can serve them both. Bitcoin is better than fiat that way. You cannot get fiat and store it as an investment. Just by hodling bitcoin, you already possess an investment. And you can still use it as a currency or mode of payment anytime you want.
February 14, 2017, 11:57:04 AM
I think it’s because the price of bitcoin is constantly rising (and expected to keep rising like this) and hence traders or investors look at it as a money-making opportunity (no offence) but at the same time there are some feature (the number is large in fact), who look at is as a medium of exchange or a revolution in funds transfer industry. Being honest, I look at it in both ways so I trade in altcoins, I trade in forex using bitcoin to make money, on the other hand, I try to inform more and more people about bitcoin using local language.
February 14, 2017, 11:56:41 AM
The volatility makes newbies feel like it's an investment to get quick money. Well, it is that for some time but it is not just an investment when you understand what Bitcoin is. Using Bitcoins and doing transactions with it is comparatively simple and easy. There are many other features of Bitcoin which make it distinctively better than any other currency or payment gateway.
February 14, 2017, 11:39:52 AM
I think they are smart! Especially if they bought their bitcoins from the time it was really low like around $200 per coin and held till now. That is 500 percent profits from just holding your coins. $200 price levels was around 2014-2015 which would mean that they only held for three years and they have earned more than 100% per year.
yes they smart n they just put money on it!!. in that time, i no put on it then i miss the best timing to buy bitcoin.
dont have the chance ald..
so when u see the new things might be increase value just do it!!. dont miss it!
February 14, 2017, 11:34:04 AM
I think they are smart! Especially if they bought their bitcoins from the time it was really low like around $200 per coin and held till now. That is 500 percent profits from just holding your coins. $200 price levels was around 2014-2015 which would mean that they only held for three years and they have earned more than 100% per year.
Basing on your calculations it is really right that on just holding bitcoin would really gives good returns on longer years but basing on the high price i dont think it would give the same profits too since $1k price is already high and it cant go to 5000% in just a couple of years.sure it cant be, except big increase of mining, and the balance of bitcoin big drop. then it may.
February 14, 2017, 11:32:33 AM
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?
Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
As long as it doesn't come into the mainstream and gets in the hands of public to be used anywhere they want, people would surely treat it as an investment because it has no other major uses right now except that. People buy bitcoins and trade them to get profit out of it, why? Because they know they cannot spend their bitcoins in physical world, and in place of using them online they just trade them for profit which is much wiser i guess.
February 14, 2017, 11:24:57 AM
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.
February 14, 2017, 11:23:53 AM
I think they are smart! Especially if they bought their bitcoins from the time it was really low like around $200 per coin and held till now. That is 500 percent profits from just holding your coins. $200 price levels was around 2014-2015 which would mean that they only held for three years and they have earned more than 100% per year.
Basing on your calculations it is really right that on just holding bitcoin would really gives good returns on longer years but basing on the high price i dont think it would give the same profits too since $1k price is already high and it cant go to 5000% in just a couple of years.sure it cant be, except big increase of mining, and the balance of bitcoin big drop. then it may.
February 14, 2017, 11:21:27 AM
I think they are smart! Especially if they bought their bitcoins from the time it was really low like around $200 per coin and held till now. That is 500 percent profits from just holding your coins. $200 price levels was around 2014-2015 which would mean that they only held for three years and they have earned more than 100% per year.
Basing on your calculations it is really right that on just holding bitcoin would really gives good returns on longer years but basing on the high price i dont think it would give the same profits too since $1k price is already high and it cant go to 5000% in just a couple of years. 
February 14, 2017, 11:17:25 AM
They are optimistic, investor who see the future trends.They are risk taker and brave enough to gamble and believe that bitcoin will gonna make it big in the future and it did and continue to amaze us.Congrats to early adopters who believe in this technology,it grows very far from the beginning.So much improvement happens.
February 14, 2017, 11:13:25 AM
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?
Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
when they want to gambling or buy some special product in certain platform they will think it as currency.
but investment is direct income. u just buy n sell v use the volatility. that's the money ppl can see directly.
if want to use as currency, fees sure is higher.
February 14, 2017, 11:10:53 AM
I treat it as both personally and I don't see what's the issue If you treat it as an investement , the price is based on supply and demand and for the moment , we are missing millions of people , chances that the price will increase over the years due to more people joining the community is high so why not make that profitable for you as well ? This however could stop after a certain time where we will reach some kind of stability of course but It could take a few years.
February 14, 2017, 11:06:59 AM
I think they are smart! Especially if they bought their bitcoins from the time it was really low like around $200 per coin and held till now. That is 500 percent profits from just holding your coins. $200 price levels was around 2014-2015 which would mean that they only held for three years and they have earned more than 100% per year.
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February 14, 2017, 10:47:35 AM
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?
Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
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