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Author Topic: Bitcoin as store of value  (Read 2238 times)
Spaceman_Spiff
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March 15, 2014, 01:37:36 PM
 #21

my thoughts:
1) I like bitcoin as a store of value.  I think that the ability for transaction needs to be there for it to be a store of value, just like transactions with gold might not be frequent, but they exist.
2) Inflation is not needed for currency use.  Rather, I would prefer solutions that can keep bitcoin as the metric of value, but circumvent it's limitations (mainly blockchain size, confirmation time to a smaller degree), probably something like off-chain transactions or whatever solution people come up with.
ns12123
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March 15, 2014, 03:06:19 PM
 #22

I really cannot wait to see what happens, now everyone have his own thoughts and opinions but i guess will be something different that noone thought about it.

Cant wait.
ShakyhandsBTCer
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June 15, 2014, 12:27:28 AM
 #23

Plus, ask the guy who bought in 2009 and kept holding until now? Return of investment of 1 000 000 - how is that for store of value?

A store of value is usually considered something that has a stable value.

If the price of something goes either up or down too much then it is considered a poor store of value.

Your example is what a very good investment would be.
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