talkbitcoin
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All I know is that I know nothing.
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March 30, 2016, 02:54:44 PM |
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I think your right, it's a currency. But to complicate things one could invest in currencies.
I cant see this since this is a debate between fiat vs bitcoin. I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah.. Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more. same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...) this is exactly the same way i am feeling about bitcoin although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either. so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending.
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btcbug
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March 30, 2016, 03:08:33 PM |
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Investment is a term that's used pretty loosely though.
That was what I thought when I first saw this thread's title. Bitcoin, metals, real estate, fine art, musical instruments, ownership of businesses (including shares) and antiques are all investments. So are friendships, children, education, experience and business contacts. Not all investments are material things. Yep it pretty much comes down to a person's preferred definition. I think it's inherent in all human action that we are acting to further our own self interests. Any action I perform is expending my own valuable and finite time and so every action followed from my own economic calculations. That's also why the economy is such a thing of beauty. So many individuals all making millions of calculations of how best to direct their personal resources. Now I sounds like Mises or Rothbard This definition is pretty broad and is how most would use the term in the financial realm. noun1 . the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value.
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CryptoBjorn
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May 03, 2016, 07:38:06 AM |
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In my opinion you can see Bitcoin as an investment because you can make more money with it. Most people see it as an investment that is why they are holding on to there Bitcoins for the future. But you can see Bitcoin also as a currency.
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RobinHoodster
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May 03, 2016, 08:59:41 AM |
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I think your right, it's a currency. But to complicate things one could invest in currencies.
I cant see this since this is a debate between fiat vs bitcoin. I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah.. Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more. same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...) this is exactly the same way i am feeling about bitcoin although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either. so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending. Bitcoin is an investment because you spend money in it and you are hoping that the value will be higher after that so you can earn a lot of money with it and that call you profit. And that is also called an investment that you are making.
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praprata
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May 03, 2016, 02:26:21 PM |
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You can see bitcoins as an investment because it allows you to make more money but I understand what you are saying. Bitcoin is a currency but it just gives people the opportunity to make money and that is why people see it as a investment.
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topper26
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May 03, 2016, 02:58:49 PM |
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I think your right, it's a currency. But to complicate things one could invest in currencies.
I cant see this since this is a debate between fiat vs bitcoin. I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah.. Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more. same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...) this is exactly the same way i am feeling about bitcoin although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either. so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending. precisely how I feel as well
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mindrust
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May 03, 2016, 03:02:52 PM |
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Goddamn right.
You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.
Holding and waiting is same with gambling.
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pissedoff
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May 03, 2016, 03:05:40 PM |
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Goddamn right.
You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.
Holding and waiting is same with gambling.
Holding bitcoins isn't same like gambling. When you gamble the risk is much higher than holding bitcoins.
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n0ne
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May 03, 2016, 03:15:25 PM |
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Goddamn right.
You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.
Holding and waiting is same with gambling.
Holding bitcoins isn't same like gambling. When you gamble the risk is much higher than holding bitcoins. Yeah gambling differs from gambling in terms of the risk involved. At the same time considering bitcoin as an investment or some other form of source depends upon the user.
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Farma
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May 03, 2016, 04:47:44 PM |
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I think so too, I feel bitcoin is a currency and not an investment tool. I always use bitcoin as a currency, and may well impact that we can get is the price further, and-many people think that bitcoin is a good investment
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mrhelpful
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May 03, 2016, 04:57:30 PM |
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Goddamn right.
You should only buy bitcoin when you make a purchase. Holding bitcoins is still too risky.
Holding and waiting is same with gambling.
Holding bitcoins isn't same like gambling. When you gamble the risk is much higher than holding bitcoins. Its sort of a yes and no depending on the obvious price situation. On 1 hand you have the bullish forever side, where as long people hold bitcoin the price flux remains the same. And the other is in the case of the scenario of similar to a pump and dump, whatever you paid for bitcoin. Which is the intial investment loss, so anything below the purchase cost would be a gamble. What youre gambling on is that the scenario of those odds are not likely to happen.
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~Bitcoin~
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May 03, 2016, 05:02:40 PM |
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Bitcoin is not investment but you can see more talks about price increasing and earnings on exchanges. But i don't know why we can't see 100$ again or even less?
If we see 100$ ups and down even within weeks and month than bitcoin will not be well priced as of now. We have to see natural price movement according to simple rule of any asset like supply decrease demand increase than price should also increase. Which you can see right now happening before block halving.
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ravens
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May 03, 2016, 05:05:18 PM |
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Does it really matter? Some people see BTC as currency, some see it as an investment or both. It's all just a matter of opinion.
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fkvidar
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May 03, 2016, 05:08:02 PM |
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I treat bitcoin more as an investment rather then just a currency, as fiat is taking care of my expenses so whatever bitcoin I am earning I am holding it for future.
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vero
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May 03, 2016, 05:42:28 PM |
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Does it really matter? Some people see BTC as currency, some see it as an investment or both. It's all just a matter of opinion.
yes you right and in my view not really important if bitcoin it's investment or currency because everyone has their views and this discussion will never run out because of these factors.
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pissedoff
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May 03, 2016, 06:01:26 PM |
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Does it really matter? Some people see BTC as currency, some see it as an investment or both. It's all just a matter of opinion.
yes you right and in my view not really important if bitcoin it's investment or currency because everyone has their views and this discussion will never run out because of these factors. Your right this thread could continue till 100 pages and the discussion will still be going on.
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davinchi
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May 03, 2016, 07:07:01 PM |
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I think your right, it's a currency. But to complicate things one could invest in currencies.
I cant see this since this is a debate between fiat vs bitcoin. I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah.. Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more. same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...) this is exactly the same way i am feeling about bitcoin although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either. so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending. Bitcoin is an investment because you spend money in it and you are hoping that the value will be higher after that so you can earn a lot of money with it and that call you profit. And that is also called an investment that you are making. Bitcoins can be categorized as a currency now than as an investment because bitcoin is getting adopted into many platforms and into wider market (e.g. Steam, debit cards, stores, etc). However with mining still doable (although not as good as before), and with the value rising and/or falling, bitcoins can still be considered as an investment.
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pissedoff
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May 03, 2016, 07:17:33 PM |
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I think your right, it's a currency. But to complicate things one could invest in currencies.
I cant see this since this is a debate between fiat vs bitcoin. I mean the only reason we see value for a price on bitcoin is due to fiat.. so yeah.. Not me? I value $100 in BTC as more valuable than $100 in dollars. I can do more with BTC, I can shop across the world, it is more secure, it's faster, it's cheaper; it's worth more. same thing and...the only reason why i'm holding, is because i don't accept that bitcoin is valued only 400, until it's not evaluated 10k, i would not use it massively(btw i say used it not dump it for fiat...) this is exactly the same way i am feeling about bitcoin although i don't think the bitcoin price can ever reach $10K but i say $400-$500 is not bitcoin real value either. so i am also waiting for the day that bitcoin reaches a high price and is also adopted more, then i will start spending. Bitcoin is an investment because you spend money in it and you are hoping that the value will be higher after that so you can earn a lot of money with it and that call you profit. And that is also called an investment that you are making. Bitcoins can be categorized as a currency now than as an investment because bitcoin is getting adopted into many platforms and into wider market (e.g. Steam, debit cards, stores, etc). However with mining still doable (although not as good as before), and with the value rising and/or falling, bitcoins can still be considered as an investment. The exchange rate of different currencies keep rising and falling too. Bitcoin can be considered as both.
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n691309
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May 03, 2016, 11:26:53 PM |
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Bitcoin is not investment but you can see more talks about price increasing and earnings on exchanges. But i don't know why we can't see 100$ again or even less?
Bitcoin is money and investment at the same time, because bitcoin values today more and it can value tomorrow higher so something that has a different value through the time i consider that as an investment asset so bitcoin is.
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pooya87
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May 04, 2016, 03:57:23 AM |
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Bitcoin is not investment but you can see more talks about price increasing and earnings on exchanges.
well, it IS an investment but also it IS a currency too. it doesn't need to be only one of them. although i would like the price to be stable no matter what it is so it becomes more of a currency than a high profit investment. But i don't know why we can't see 100$ again or even less?
one word: DEMAND
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