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Author Topic: Bitcoin: currency or investment?  (Read 2778 times)
BitcoinBlackjack
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October 07, 2015, 05:27:52 PM
 #61

I believe it's a currency.

Many people buy currencies as investments just like they do BTC. (Ex: buying EUROS because I think the price will increase and then selling it when the exchange rate is more favorable, etc...)

BTC is new and therefore that might be why people see it more as an investment for the time being, but ultimately it's a currency IMO.
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Ceizer54
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October 07, 2015, 05:43:00 PM
 #62

Bitcoin is both currency and investment at the same time.Most of all it depends on you how you see it..I like to see bitcoin as an investment because of the volatile nature of bitcoin..Bitcoin prices are so unpredictable that you never know what boundary it can cross in the next few days Wink
Investing in bitcoin currently is the best thing you can do,just invest and hold your bitcoins and you will surely make a good profit when the price will go up soon next year Cheesy.
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December 30, 2015, 04:46:13 PM
 #63

Now in my opinion , it bitcoin like antiques , and all the people looking for it , and bitcoin was good as an investment , because the exchange rate is very fluctuacive . and also is reviewing the state Jepan bitcoin as a currency that is legalized


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December 30, 2015, 05:15:27 PM
 #64

it is more like an investment now as you can see a lot of people r buying btc is just for keeping and not for spending. but to be used as a currency there also must have places where you can spend and this is a real problem as a lot of coutnry dont even have such places for u.
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December 30, 2015, 05:18:51 PM
 #65

Quote
A Senate inquiry has decided that bitcoin is a currency, but a study suggests it is largely bought and sold as an investment. For now, at least, bitcoin is unlikely to keep banking regulators awake at night.

www.smh.com.au/national/bitcoin-currency-or-investment-20150904-gjfap7.html
difficult question, but I think bitcoin can be used for both currency and investment, also I'm concerned, I'm afraid bitcoin user prefers to use bitcoin as an investment, so it will inhibit popularity as a currency bitcoin.
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December 30, 2015, 05:48:05 PM
 #66

it is more like an investment now as you can see a lot of people r buying btc is just for keeping and not for spending. but to be used as a currency there also must have places where you can spend and this is a real problem as a lot of coutnry dont even have such places for u.

It's both. You can use bitcoin as an currency, but also use bitcoin as an investment.
To me bitcoin as an asset/investment is the main thing i am using bitcoin.
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December 30, 2015, 05:50:45 PM
 #67

I find it as both but mainly an investment. I'm doing everything I can think of...
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December 30, 2015, 07:28:14 PM
 #68

it is more like an investment now as you can see a lot of people r buying btc is just for keeping and not for spending. but to be used as a currency there also must have places where you can spend and this is a real problem as a lot of coutnry dont even have such places for u.

It's both. You can use bitcoin as an currency, but also use bitcoin as an investment.
To me bitcoin as an asset/investment is the main thing i am using bitcoin.

If you believe in the future of bitcoin, it will be adopted widely so that it will hit mainstream, then you need to treat bitcoin as an investment.
At the same time, if you do not want to save bitcoin can spend it like a currency.
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