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Author Topic: What do you think of people that treat Bitcoin solely as an investment?  (Read 5805 times)
Amph
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February 15, 2017, 07:02:29 AM
 #41

not for me i treat bitcoin both as a store of value for the future and as a currency, i made plenty of purchase on purse.io with bitcoin directly and great discount

i'm still trying to make some purchase there but the discount trick and no ship cost is not working anymore it seems, people learned

i wish i could buy everythign with bitcoin and get rid of my card, but until big merchnats will enter in play it will not be feasible, still waiting for amazon...
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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February 15, 2017, 07:07:03 AM
 #42

I don't care why people chose to use bitcoin, any reason or even no reason at all is good, as long they keep buying and increasing the price
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February 15, 2017, 07:29:47 AM
 #43

I think they are smart and supportive of the Bitcoin project. They enhance Bitcoin network expansivity and make good profits from the trading making Bitcoin attractive and lively.
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February 15, 2017, 09:12:15 AM
 #44

Considering it as an investment alone is not a big issue, because based upon one's requirement they use it. I've been using it for all sort of needs, as a investment, as a global currency and for shopping needs to some 25%. The most part I use bitcoin is for the gambling. It evolved as a store of value which in turn got several good capability and continuing to serve with its potential growth.
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February 15, 2017, 09:19:09 AM
 #45

I dont mind if people think of it just as investment at first. In fact, I am making people get into bitcoin this way. I tell them about how the growth of bitcoins has been as of now and how has the ups and downs have happened and explained why they happened, if I know the reason. This way more people will adopt to bitcoin and BTC will grow. I know there are chances of BTC being panic sold but that happens even now.

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February 15, 2017, 09:34:25 AM
 #46

although the price of btc pumping  and bumping a lot for a short time,but it is rising for a long time.so i think it is a good ideal to treat BTC as an investment!
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February 15, 2017, 09:38:44 AM
 #47

It is still upon the user in how he will treat bitcoin as,As his investment or just pure enthusiasm.Me myself treats bitcoins fair both investment and enthusiasm.Im earning my money through this and helps me to grow what i invested in also.And yes bitcoin investing is profitable all of the times almost but still depends on how you handle over your bitcoins and ways to manage it and how bitcoin price flows in the market stage
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February 15, 2017, 10:10:38 AM
 #48

Whatever people think of btc or how they treat it i guess we should not mind it. we have different ways to earn through it and that is more important. if you enjoy using it as investment or currency that is all matter.

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February 15, 2017, 10:20:14 AM
 #49

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?
No doubt that bitcoin is giving profit more than the another assets like investment in gold , silver or any other .
Because the price of bitcoin is much sensitive  and also the price of bitcoin is going to increasing daily , So people are getting into bitcoin investment .
Here the newbie mostly entering in the investment only because they don't know bitcoin in perfect way . They need to understand another factors of the bitcoin which are making bitcoin user as a profitable job .
So here lack of understanding only and I also thing I was also unknown about the bitcoin advantage about other than investment plans , So here we can say every newbie facing the similar problem of understanding only .
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February 15, 2017, 10:22:46 AM
 #50

if want to use as currency, fees sure is higher.
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February 15, 2017, 10:45:22 AM
 #51

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?

All I can say to those people treat bitcoin solely as an investment is they made the best and right decision in their entire life. While to those people who didn't treat it solely in bitcoin it may be regrettable for them in the last once they fin out how bitcoin is very significant to know in our generation now.
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February 15, 2017, 10:48:44 AM
 #52

This is already expected, there are people who met bitcoin and were fascinated by the technology and do everything to know more about bitcoin and there are people who saw bitcoin a business opportunity, an investment.

Each person has his own vision and purpose.

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February 15, 2017, 11:00:30 AM
 #53

I dont mind if people think of it just as investment at first. In fact, I am making people get into bitcoin this way. I tell them about how the growth of bitcoins has been as of now and how has the ups and downs have happened and explained why they happened, if I know the reason. This way more people will adopt to bitcoin and BTC will grow. I know there are chances of BTC being panic sold but that happens even now.

Treating bitcoin is no big deal. And actually when you buy bitcoins you are investing on it except if you bought bitcoin then you buy something. Investing in bitcoin comes in many forms and even just storing it in your wallet without doing nothing it is still considered investment. Its because whether we like it or not when bitcoins price inflates and grow in value you cannot but gain profit from such increase in price.
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February 15, 2017, 12:17:52 PM
 #54

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?

i think this is what should people do with bitcoin, they can make bitcoin as an investment and they can use or treat bitcoin for many purpose that they want. i think when we know bitcoin for first time, we need to thinking and know what is bitcoin benefit and what is bitcoin function for our daily life and its a good way to treat bitcoin as our investment. for me, i will treat bitcoin as an investment and something that i can use for doing trading.

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February 15, 2017, 07:48:05 PM
 #55

In the general people will use bitcoin as investment purpose, why would you waste your money if you dont wanna to get more money? Bitcoin is proving for the most a safe and trust return, even knowing some had loose in the begining, nowadays anybody can make money just by the fact to have bitcoin saved. Sure bitcoin is changing people mind, and the low transactions fees is really a difference for those which shopping online, but the most merchants doesnt accept bitcoin till the moment, soo a big wall and issue for bitcoin and crypto world. Bitcoin since the begining is helping several people, they are earning extra money and using to improve their lifes, atleast it should be the way, i dont know how many lifes bitcoin has helped and keeps helping but be sure that nowadays bitcoin is the best source of income to a big part of the online earners.
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February 15, 2017, 09:02:13 PM
 #56

I think it is a good thing do bitcoin as an investment for large employers certainly in this case also I am sure each investor is smart enough before making an investment, if they consider bitcoin as a good investment course, we will think the same with them because it would be great in time in the future
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February 15, 2017, 09:53:16 PM
 #57

We all have different uses of bitcoin from gambling, to shopping online/in store,cheap remittance and for others its simply investment, and we can't stop them against their will because maybe investing is what brought them into the crypto world and their taking advantage of the opportunity that presented itself to them.

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February 15, 2017, 11:09:19 PM
 #58

Bitcoin should be mainly regarded as a currency, as that is the purpose of it being used. The volatility as well as altcoins against BTC are all bonuses but the major part should always be bitcoin as a currency. there isn't much that can be done except attempting to encourage those users to use BTC as a currency, after that they would probably use it for it's convenience.
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February 15, 2017, 11:59:19 PM
 #59

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?
There's no problem for now, whether people threat it as global currency to spend it or just holding bitcoin and consider bitcoin as an investment due to the value of bitcoin will increase in the future obviously. It depends on where the users live, if there is no any merchant that accept bitcoin payment, then how they should spend their bitcoin? Yes, there are some online shops to spend bitcoin but not all those people like to do that, simply because they don't want, when they can get it directly by using fiat money.
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February 16, 2017, 12:26:07 AM
 #60

People are free to use bitcoin as they see fit,  it is not up to anyone to tell them what to with their bitcoin, its sorta the whole point.  I have purchased bitcoin to hold long term so that in the future i can buy more with it.
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