|
Title: Bitcoin is it gambling currency or currency of speculation ? Post by: Md.salauddin on December 26, 2017, 12:54:40 PM I don't know which one is the real truth .
Title: Re: Bitcoin is it gambling currency or currency of speculation ? Post by: Anti-Cen on December 26, 2017, 01:16:45 PM This question already asked many times and majority answers are : 2. Bitcoin is currency, especially since Satoshi said so in the white paper Satoshi said lots of things but few of them hold water and a currency needs to have a stable price to facilitate the exchange of goods and no one would argue that BTC is stable and had the price remained <$10.00 then this forum would be almost empty apart from a few egg heads like me. Title: Re: Bitcoin is it gambling currency or currency of speculation ? Post by: Panda Trump on December 26, 2017, 01:17:30 PM I don't know which one is the real truth . Its initial purpose was to be a cryptocurrency, just like the USD, but better. However, after people saw its gigantic growth potential, people started investing in it purely for their own profits, thus turning it in a gambling currency of speculation. Thus, the answer to your question: Both is true. It's a gamble what the price will do next and it's a lot of speculation resulting in either its growth or fall. |