fiN.
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September 15, 2015, 08:15:55 AM |
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This has been argued to death but its both. However, if you have money in the bank and you get interest what does that make your fiat? 1 bitcoin is still 1 btc so it's a currency but one that you can treat as an investment.
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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rinhunter
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September 15, 2015, 08:48:05 AM |
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Bitcoin a digital currency maybe just for the moment I can't predicting the future.
but in my country Bitcoin just a commodities like gold and does not set its circulation.
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Q7
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September 15, 2015, 02:27:24 PM |
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As of now use of the word investment is more relevant compared to currency. I don't see a reason why for a person needs to exchange to bitcoin on some legit items when the person can just pay in fiat. All those people holding to it are basically waiting for the price to go up. And the word moon says it all
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Falconer
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September 15, 2015, 05:33:32 PM |
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The main purpose of bitcoin is as a currency for those who got problem when using fiat. But, time by time, bitcoin has been used by more people and it causes the price become fluctuating, thats why people take advantage of it as an investment.
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ikydesu
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September 15, 2015, 06:23:32 PM |
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The main purpose of bitcoin is as a currency for those who got problem when using fiat. But, time by time, bitcoin has been used by more people and it causes the price become fluctuating, thats why people take advantage of it as an investment.
Agree, because bitcoin is limited and the users is grow recently(although it's still need mass adoption), so the price is fluctuating, but not always going up, bitcoin situation is susceptible, if the price is down many people too panic and make a sell wall, so the price down and the whales participate in it. Also people take a bitcoin as investment too. So bitcoin can be both. |
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jjacob
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★Nitrogensports.eu★
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September 16, 2015, 03:57:02 PM |
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As of now use of the word investment is more relevant compared to currency. I don't see a reason why for a person needs to exchange to bitcoin on some legit items when the person can just pay in fiat. All those people holding to it are basically waiting for the price to go up. And the word moon says it all
The drop in price over the last 2 years could have changed people's mind about that.  |
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killerjoegreece
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Professional Native Greek Translator (2000+ done)
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September 17, 2015, 03:32:55 PM |
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i think bitcoin can do both jobs correctly |
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mallard
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September 17, 2015, 03:41:37 PM |
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currently, there doesn;t seem to be any way that btc could be used as a genuine currency
Why not? I can buy things with it and I can accept it as a payment. |
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RGBKey
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September 17, 2015, 03:42:39 PM |
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It's both right now but hopefully it gets to the point where it's not an investment, just a currency. We want the volatility to go away.
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jubalix
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September 17, 2015, 04:51:17 PM |
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BTC is sui generis/de novo
much like email is an aspect of the internet, it is not the internet....
investment, money, commodity, are all aspects of BTC but they are not the entirety of BTC.
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afriezalie
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September 17, 2015, 05:03:36 PM |
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It's hard to say that bitcoin can be used as currency because many governments ban bitcoin utilization in their teritory. It's also bitcoin hasn't ready yet to go mainstream so there's no many merchants accepting bitcoin right now.
In other side many people use bitcoin as their investment or like currency trading. They don't use bitcoin, but they change their bitcoin into FIAT.
In my opinion, bitcoin is both of them. I can use bitcoin as currency only via online trading in some merchants and investment for the future.
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Rumichbit
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September 17, 2015, 05:10:50 PM |
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Both, and that could be one of the many cool aspects of Bitcoin, you can manage your money everywhere, freely. With fiat, if for example you want to invest in forex platforms, there will always be regulations and delays with deposits and withdrawals.
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OmegaStarScream
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September 17, 2015, 05:28:44 PM |
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I'am going to speak my self only here , I personally see Bitcoin as an investement for now I was too late for the train I guess since I started in late 2014 but I hope I can get on another train  so hopefully the price will increase , It can be a currency but for now .. we should go mainstream and % of world population should start using it before going there . |
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Pab
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September 17, 2015, 08:44:25 PM |
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In Germany bitcoin is recognised like a private money,it is propably the best legislation for btc.Generally Europe is friendly for digital currencys,USA i see like nightmare
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adolf84
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September 18, 2015, 04:02:18 AM |
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From my personal experience and my personal point of view, i can say that this Bitcoin for the last 9 months was totally alternative world currency especially on digital world..
But for the day when this bitcoin born and being introduced to public until 9 months ago, i think bitcoin was some very high risk investment thing....
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Pursuer
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Where is my ring of blades...
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September 18, 2015, 04:07:15 AM |
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that is not anything new. bitcoin is currently mostly used as an investment and it is mostly being traded for earning more fiat. and I think it is because there is not enough usage for it.
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Only Bitcoin
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johnyj
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Beyond Imagination
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September 18, 2015, 05:17:37 AM |
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Currency for the nerds, investment for the wise, speculation for the mass |
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Herbert2020
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September 18, 2015, 06:12:09 AM |
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bitcoin is meant to be a currency, and it should be headed that way but we are nowhere near that point in time. there is still a lot of problems involving bitcoin which i think is the main reason why it is still an investment and not a currency.
two major ones that i can mention are extremely volatile price and slow confirmations.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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neochiny
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September 18, 2015, 06:16:52 AM |
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as for me.
bitcoin is a currency and an investment itself.
that is why bitcoin is so unique and hve a great potential.
bitcoin as a currency overcomes usd...
and bitcoin as an investment it is so awesome.
althought it still need to be long term to earn more.
gg..
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xhoneyael
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September 18, 2015, 06:28:22 AM |
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right now we can say that bitcoin is investment
and all the user is just waiting for the price go higher..
and we will just make profit from it when bitcoin become a worldwide currency or after the mass adoption..
so until it not happen for me it will remain as investment..
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