coinpr0n
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September 18, 2015, 06:36:49 AM |
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Both. It satisfies the properties of a currency (with shining stars) and that is it's main purpose, but especially today with it's volatility can also be considered an investment / speculative commodity.
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Kakmakr
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September 18, 2015, 07:07:47 AM |
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I started out using it as a currency when the price went above $500 and then it went down to $300 and I started to hodl. I tend to stop using it as a currency, when the price drop below the average level at what I bought it for. In every sense of the word, I only use the profits between the buying and selling price, and never use more than the amount I put down to buy it. < Example – Buy $5000 worth / price increase and the profit is $500 / Spend the $500 worth, but keep the reserved amount of coins > Do not spend any, when the selling price goes below the buying price.
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asad777
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September 18, 2015, 11:55:06 AM |
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i see it as a currency for this time it might start being an investment soon but i will still using it as a currency
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Hugroll
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September 18, 2015, 11:59:07 AM |
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bitcoin is a currency in the short term, but people hold it for many years and see it as an investment. imo its both
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adolf84
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September 19, 2015, 11:04:59 PM |
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Op want to ask on wich side?? Our personal or our country???
For my country from the last year they didnt care about bitcoin anymore, they only talking about it around 3 years ago...
But for me i always make bitcpin and others alt coin as my digital currency, never try or think to make some investment on it...
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saturn643
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September 20, 2015, 02:15:32 AM |
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No reason it can't be both. Most currencies typically are both held and traded.
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centauribit
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September 20, 2015, 03:25:33 AM |
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both investment and currency. of course while a high risk investment includes the possibility of high or even complete losses, it also means the possibility of very high returns.
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bitbaby
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September 20, 2015, 03:44:44 AM |
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I think for most it's like an investment for now and the simple logic behind it is there aren't many places you can spend it and if you spend it the process of buying for some is a little difficult, so they buy it and hodl it hoping they can sell it when the price is up, like the early adopters did. We need more businesses, at-least online ones at first to start accepting Bitcoin so that more people use it to buy stuff and don't just hodl it for future.
The buying/selling process needs to be simplified but it's difficult since most of the exchanges are demanding KYC forms to be submitted now and people tend to avoid giving personal information to unknown websites.
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dothebeats
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September 20, 2015, 04:04:19 AM |
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Bitcoin holds value and that value can be transferred from one person to another, so that goes its part as a currency however, in today's situation, bitcoin is used heavily as an investment tool by many people hoping to get their piece of moon.
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Snorek
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September 20, 2015, 04:54:50 AM |
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The safe and also correct answer is to say bitcoin is changing constantly its properties. For now it is mainly used as investment method because there is still promise of price increase and some even believe that price will reach 'the moon'. But when bitcoin will be mass adopted then 'investment' part of it will be lost.
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NoRespect
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September 20, 2015, 05:06:31 AM |
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Both. It satisfies the properties of a currency (with shining stars) and that is it's main purpose, but especially today with it's volatility can also be considered an investment / speculative commodity.
agree because bitcoin can also act as currency and also can be an investment tool ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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alani123
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September 20, 2015, 05:08:55 AM |
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I'd say that it doesn't fit neither of the definitions 100%. But then again, it's perfectly flexible use applications make it whatever you want it to be.
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ralle14
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September 20, 2015, 09:22:15 AM |
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for me its 50-50 its a digital currency which you can spend on what you want and like an investment bc the price changes from time to time
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gripflierGO
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September 20, 2015, 09:32:59 AM |
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Does it matter?
Bitcoin needs adoption, lots of it. If someone wants to adopt it as a currency, great! If someone wants to adopt it as an investment, wonderful!
It's both right now, anyway, debating a future majority is futile (especially since if people don't adopt it there won't be a future to discuss.)
Yeah, it is a currency in short term and investment in a long run, as we are using it as a currency to buy products online or transfer funds online but it would be great to hold bitcoins for future as it can be proved to be an best investment product, but again the adoption level would play an important role in future success of bitcoins.
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master sato
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September 23, 2015, 01:20:19 AM |
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The more people that treat it like an investment, the more like an actual investment it will become. That's certainly my hope, anyway
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Blawpaw
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September 23, 2015, 01:42:16 AM |
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Currently, Bitcoin is already both. It is already used for some years as a currency and every day more and more people and businesses are using it. And now that the Federal Trade Comission considers bitcoin as a commodity it ca also be considered as an investment.
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asa.convex
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September 23, 2015, 02:08:33 AM |
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For me this bitcoin and others alt coin was an alternate currency when i need some online transaction.. I never feel it as investment things, even there were already many site that make bitcoin for trading same like stock market trading..
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Sunhole.Lovers
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October 07, 2015, 07:30:58 AM |
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Im just start to learn any investment method fot real money, because of that i will not took bitcoin as an investment, its totally just digital currency
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~Bitcoin~
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October 07, 2015, 09:58:11 AM |
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Bitcoin is both as gold is both. We can buy and keep it like we normally keep buying gold and use it as ornaments or jwellery but it can actually be sold high if the price climb on future (investement). Like currency several contracts are done where gold is considered as global currency, even countries keep gold as asset in exchange of printing their paper money. Bitcoin may also be as valuable as gold or it may get accepted as gold infuture.
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thinkinger
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October 07, 2015, 04:53:49 PM |
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first i think it is a currency ,therefore it is an investment too.dollar is a currency but it is also an investment for the rest of the world.
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