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Author Topic: What do you think of people that treat Bitcoin solely as an investment?  (Read 5563 times)
DomainMagnate
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March 02, 2017, 12:55:00 AM
 #121

I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
To be honest, bitcoin role has changed a lot.Now 90% of people using bitcoin consider it be an investment and not just a currency.
Bitcoin is bought and hold and sold frequently by every bitcoin owner these days.
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March 02, 2017, 01:21:04 AM
 #122

I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
To be honest, bitcoin role has changed a lot.Now 90% of people using bitcoin consider it be an investment and not just a currency.
Bitcoin is bought and hold and sold frequently by every bitcoin owner these days.
This is true and people do really make it as an investment since the potential profits have no limits as long you do know when to sell and when to buy. Bitcoin has lots of purposes thats why people do really love it. You can make it as an investment at the same time you can use it as a currency online.

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March 02, 2017, 02:26:08 AM
 #123

cryptocurrency that has more value can be utilized as anything, I'm not too concerned about the people who treat bitcoin as an investment, only they ignore more value bitcoin as a global currency
Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
investment concept is get profit in the future, you can make bitcoin as an investment if you predict bitcoin will have good prospects in the next 3-5 years or more that will add price bitcoin

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LeGaulois
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March 02, 2017, 12:08:03 PM
 #124

It's a kind of error to consider to use bitcoin as an investment. You generally don't invest by buying dollars or others currencies unless you are a kind of daily traders. But most people are not. Ad you need a considerable investment to make a decent profit unless you are hoping to see the price of bitcoin doubled in a short period of time

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March 02, 2017, 12:26:47 PM
 #125

It's a kind of error to consider to use bitcoin as an investment. You generally don't invest by buying dollars or others currencies unless you are a kind of daily traders. But most people are not. Ad you need a considerable investment to make a decent profit unless you are hoping to see the price of bitcoin doubled in a short period of time

Yes, typically people do not buy the money to invest. However bitcoin has the advantage that does not possess other currencies. Because bitcoin prices is fluctuate and tend to increase so people take advantage of this to invest. On the other hand some people make buying and selling money, for example the dollar with the euro. So I think it's fine if using bitcoin for investment for the benefit and not harm others. thank you
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June 12, 2017, 11:02:59 PM
 #126

It's a kind of error to consider to use bitcoin as an investment. You generally don't invest by buying dollars or others currencies unless you are a kind of daily traders. But most people are not. Ad you need a considerable investment to make a decent profit unless you are hoping to see the price of bitcoin doubled in a short period of time

Yes, typically people do not buy the money to invest. However bitcoin has the advantage that does not possess other currencies. Because bitcoin prices is fluctuate and tend to increase so people take advantage of this to invest. On the other hand some people make buying and selling money, for example the dollar with the euro. So I think it's fine if using bitcoin for investment for the benefit and not harm others. thank you

For me, when it comes to trading bitcoins with other altcoins, it is the same of trading fiat forex - because it is just a numbers game and when we trade, we should not think of the amount and just those decimal points that we are concern of. You only think of the amount when after you successful winning trades and withdrawing the profits.

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June 13, 2017, 03:04:30 AM
 #127

There is nothing wrong if somebody makes bitcoin as an investment instrument, looking at the soaring bitcoin price and lots of rich people because it's alright, and it's okay to me, it's better that more people use and love bitcoin Rather than seeing a lot of people hate bitcoin
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June 13, 2017, 03:28:59 AM
 #128

I think it's a good idea if bitcoin is used as an asset as an investment for future.Because bitcoin has a good investment potential.
Even today many investors who have large capital invest in bitcoin, and they have belief that bitcoin will grow rapidly.

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June 13, 2017, 04:17:33 AM
 #129

Let everyone treat it as investment/ a form of wealth, then hoarding will start. There wont be supply only demands, which will cut short the daily trade and volume exchange that increases the price and get a lot of people involve in the daily trade. Investment is good but not the best way to hold a currency.
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June 13, 2017, 04:26:13 AM
 #130

I think Its more than an Investment Opportunity .

As Btc is becoming popular in all over world , I think In future it Might be one of the currency which people will be using normally like purchasing goods for daily needs or paying it for some service provided .

and if this happens also its value is going to be increase .


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June 13, 2017, 04:28:12 AM
 #131

That spells brilliance. These are the people who do not even ride on something convenient to use but also earn a decent--and I mean really decent-- amount of income by buying and selling.

Although some are hording, others are simply trading. Hording may actually have an adverse effect on bitcoin as it increases the demand exponentially causing the volume to shrink too low. But while we discourage hording, can we blame them when the value is multiplying really fast? I mean, carpe diem!  Cheesy




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SingAlong
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June 13, 2017, 04:38:19 AM
 #132

I believe that this is a wise move that they have earned a lot through investing. Also those peole who do it contributes to the growth of Bitcoin as it is now. There are also some people who are trading that also contributes a lot. It is the way that let them profit and I don't see any wrongs doing it. They have shaped up the market as what it really is now.
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June 13, 2017, 04:03:32 PM
 #133

I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?

Treating it as an investment isn't a bad idea it does pay out in the long run with some bad years so far depending on the entry price as it is now people are doing well if they got in even fairly recently. As a global currency it really depends on the ease of sending coins around to convert them into cash and coins.
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June 13, 2017, 04:08:35 PM
 #134

I don't have any problem with people who treat bitcoin as an investment as it's profitable in the long run. There's still limited amount of merchant who accept bitcoin in some country that the currency function is not so great. We also have to deal with fee and the transaction time, so people prefer using other option that's easier, cheaper and faster.

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June 13, 2017, 04:13:54 PM
 #135

I don't agree to that at all, BTC is a currency more of an investment and even though I keep some as an investment I actively use BTC in this forum and in any website accepting it, The meaning of a currency is being used, keeping it as a cold investment isn't close to it's true nature at all.
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June 13, 2017, 05:09:28 PM
 #136

Who's really to say? The fact is that bitcoin is BOTH a currency and an investment. It's role as an accepted and understood currency will only grow from here... at what seems to be an exponential rate  Grin
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June 13, 2017, 05:13:03 PM
 #137

I've seen a lot of people arguing that Bitcoin can be profitable because of its volatility and convenience, but sometimes I feel that people using Bitcoin as an investment have little enthusiasm for its main use as a means of trading without an intermediary.

Under what circumstances should Bitcoin be treated as investment and to what extent should people think about its use as a global currency?
Satoshi created bitcoin to free people from banking sector.Probably,it means he created it as a currency rather than as an investment.People too used it as a currency in its early stage when its price was very less.At that time,they didn't know about its true value.But now,on seeing the growing demand and its heavy rise in price,people have started to decide that bitcoin is not to be spent and it should be treated as a digital gold and so it should be saved.Here after,people would mostly save it and spending bitcoin as a currency would be very less.
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June 13, 2017, 05:16:03 PM
 #138

I think they are smart! Especially if they bought their bitcoins from the time it was really low like around $200 per coin and held till now. That is 500 percent profits from just holding your coins. $200 price levels was around 2014-2015 which would mean that they only held for three years and they have earned more than 100% per year.

By lookin at the final result, you can state that they're smart but don't forget they were also lucky. Being smart is not enough to make profit.

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June 13, 2017, 06:04:55 PM
 #139

I'm strongly against these kind of behaviours! I expressed all my concerns in this thread: https://bitcointalk.org/index.php?topic=1954882.0

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June 13, 2017, 08:13:23 PM
 #140

I consider bitcoin, both as a form of investment and a global currency for doing daily transactions. The price of bitcoin is volatile, so taking advantages of this volatility isn't a bad thing. A time might come where the price of the coins might be stable or lets say less volatile, hence people will start using it as a form of storing assets or as a day to day trade currency.


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