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Author Topic: Is Bitcoin actually just a Investment coin?  (Read 2896 times)
radeone
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October 31, 2017, 11:22:43 PM
 #21

I think bitcoin has grown from being a currency to being a wealth storage platform. As of today the CME Group is going to stabilize the volatility of btc by offering a futures market that will allow more institutional funding. This news alone has given btc a boost to 6400$. Although they haven't gotten approval, the news alone always gives btc a boost. Everyone needs to be careful in the way they handle their btc because this will be an interesting point for all of us investors and traders alike. Btc is basically the stepping stone for certain coins to get ahead of the game for replacing the current way we do commerce. https://www.cnbc.com/video/2017/10/31/cme-groups-duffy-on-bitcoin-futures-launch-people-are-look-for-more-efficient-ways-to-do-commerce.html I hope everyone does their homework and stays safe in the months to come.

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October 31, 2017, 11:23:53 PM
 #22

This is the most says of others that bitcoin serves as investment because of its price fluctuation. We all know that when people heard about bitcoin more likely they will say it is an investment, but they cannot see it as a digital currency and it has an advantage to offer to the users.


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gredisgold88
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October 31, 2017, 11:53:20 PM
 #23

I think the title says it all.

After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it.
During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments.

In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money.

It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort.

Let me know what you guys think and please don't give me this non argumented one liner like in all the other threads Wink

this is not just an investment, but how bitcoin creates a new economic system, and fact about bitcoin, many users multiplepayment transaction , ex : pay steam wallet , gambling , buy phone voucher ,maybe and draknet ..

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November 01, 2017, 12:21:41 AM
 #24

Actually bitcoin is a payment processor and it is made for that purpose. I also considered bitcoin as a new mode of payment method at the beginning. But now I consider it as a investment coin and frankly speaking its one of the best investment methods available at the present. My mind is not allowing me to use bitcoin as a payment option nowadays because of its constant increase in its value.
That is one of the uses of bitcoin other than as a place to invest. I agree with you that Bitcoin is a payment processor but here we see still a few people who use it only a few companies or stores. Most people use Bitcoin as an investment coin because they know that Bitcoin has many advantages.


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November 01, 2017, 01:17:15 AM
 #25

Saying that bitcoin servs only for investment purposes it totaly wrong. It is the same as saying that all cryptos is just an investment. Such statement is putting down the tech part of cryptos and leaving only speculations. You can always buy something for your bitcoin so it work as any other type of money.

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November 01, 2017, 01:35:21 AM
 #26

Just a clarification - buying Bitcoin to wait for the an increase just to sell it for profit is more trading than investing. Investing in bitcoin would be holding over the long term.

It's true now that many people use bitcoin as a long term investment. Although there are still people who like the way in trading bitcoin, but it depends on ourselves.
You want to choice first or second.  Wink

That means the definition of the bitcoin that has created by satoshi nakamoto already changed for some people's mind, Bitcoin mainly considered as the investment rather than future mainstream payment.
The fact that the bitcoin can't compete with the visa scalable.
The more people are knowing the bitcoin as valuable investment because the supply was limited.

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November 04, 2017, 07:36:47 AM
 #27

The current trend and price of bitcoin seems reflect that indeed they are treated more like investment coins, back when the days where community are very concern about the rising problem of slow/expensive transactions. Yet now seems nobody cares about it as the buys and sells volume are huge, crazy buy walls/support and daily increasing marketcap. If bitcoin wasn't sn investment coin, how could it be that buying a $10 service require extra $5 worth of BTC as processing fee? Doesn't make sense to me thus normal fiat would be still better than bitcoin payment protocol I must say, a crypyocurrency focused on facilitating transaction doesn't work this way.

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November 04, 2017, 07:57:00 AM
 #28

in fact many people who introduce themselves only to make money from it, instead of using bitcoin
to increase their money, such as investment, but the main idea about bitcoin is just being like a new "currency" just because
the definition of bitcoin that Bitcoin has created is primarily seen as an investment rather than future mainstream payments.

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November 04, 2017, 08:01:36 AM
 #29

Yes i agree, bitcoin is great for investment because the price grows really fast. Bitcoin is money which is actually very expensive, but bitcoin right now still shows how cheap the price is. You have no idea how expensive bitcoin in the next 5 years.

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November 04, 2017, 08:05:24 AM
 #30

Bitcoin is more than an investment coin. It existed with different vision, but and this with the growth potential got multiple usage. The same which was much used on illegal activities and for tax evasion has now got more importance as an investment coin. So it's an multiple usage token which can be used upon users necessity.

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November 04, 2017, 08:21:53 AM
 #31

yeah sorry, I actually mixed up two topics in this one: 1. Bitcoin is just a investment coin and 2. How the price is controlled.


1 Yes it is an investment coin . Though i cant put it up to words exactly but to make it easy bitcoin has no limits or whatsoever  on pumping bitcoin prices it depends on how the users use of it . So probably youll get a huge profit if you have the funds to manage and take care.


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November 04, 2017, 08:27:13 AM
 #32

Bitcoin was created as a digital payment system a decentralized digital currency and created as a reward for mining in process. Today there are 260,000 merchants and vendors worldwide are accepting bitcoin as payment.  It can be held as investment especially that its price is increasing because people are realizing its worth and value. With the potential of bitcoin it is inevitable that it became a prospect for investment.

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November 04, 2017, 08:48:05 AM
 #33

I think the title says it all.

After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it.
During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments.

In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money.

It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort.

Let me know what you guys think and please don't give me this non argumented one liner like in all the other threads Wink
I think that bitcoin actually just a investment coin, but the coin can be change money by exchanger. So, we must get more coins to get much money Smiley

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November 04, 2017, 10:49:34 AM
 #34

Bitcoin was created as a digital payment system a decentralized digital currency and created as a reward for mining in process. Today there are 260,000 merchants and vendors worldwide are accepting bitcoin as payment.  It can be held as investment especially that its price is increasing because people are realizing its worth and value. With the potential of bitcoin it is inevitable that it became a prospect for investment.
We can't really point out if bitcoin is a money or an investment. Because bitcoin is applicable in both purposes, its uniqueness can make us into an argument in which one they belong. Because investment is just a certain thing like buildings, land that we could make profit from them. But we could find it in bitcoin also, as we generate profit from it.
Anyway, I don't make it any big deal. As long as it gives me something in return from my hardworks then it is just good for me.

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TheUltraElite
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November 04, 2017, 11:21:24 AM
 #35

I think the title says it all.

After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it.
During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments.

There is arguments behind bitcoin. How the core works and how the transactions are secured. There are a lot of people who dont even know about the technology and to them bitcoin is just a pump and dump scheme which if profitable they boast of their earnings and if decreases in value, they simple start screaming - "its a ponzi". It is not so because the technology is there and you can view it on github, clone the repository, fork it and launch your own coin. It is true that speculators will keep speculating and you have to deal with it.

Quote
In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money.

Bitcoin price is controlled by the traders of bitcoin. Now if there is some news and media article which may be favorable or not favorable to bitcoin the market will show changes based on what the majority of the traders believe in. So the action of media is secondary because those who are into long term investment plans for bitcoin will ignore all FUD spread by whoever it may be.
Quote
It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort.

There is nothing weird in this. The technology was built to change how the world economy acts. Now how the people have monetized on that is another issue. After all every human needs money to survive and thus they look for investments and methods to earn. The rise in price of bitcoin is what attracts investors.

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zarados
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November 04, 2017, 11:47:03 AM
 #36

I think the title says it all.

After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it.
During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments.

In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money.

It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort.

Let me know what you guys think and please don't give me this non argumented one liner like in all the other threads Wink

I thought 90% or more bitcoin is used for investment short or long term. and the rest was used for transaction, like buying a mining rig etc. So its not 100% as investment coin. People are believe that bitcoin will become more valueable in the future, so they just keep buy and hold it. In the other hand, there also an altcoin like ethereum, litecoin, dash, etc that used as an asset, not solely used for transactions. This does make the purpose of this cryptocurrency to be slightly faded. But as long as people are still using and considering it as valuable, I think it's worthwhile.
Cointertrade
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November 04, 2017, 12:07:37 PM
 #37

Just a clarification - buying Bitcoin to wait for the an increase just to sell it for profit is more trading than investing. Investing in bitcoin would be holding over the long term.
Buying and selling bitcoin is not investment but rather it is what we called trading. For me bitcoin is not only an investment but it is cryptocurrency that we can use to deal with the virtual world.

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November 04, 2017, 12:08:49 PM
 #38

sorry to say but if bitcoin stays as an "investment coin" it will die.
matchi2011
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November 04, 2017, 12:19:36 PM
 #39

At this point, i think people see it that way. And who wouldn't with how bitcoin is breaking record after record almost everyday. The people behind bitcoin probably didn't expect it to be this way back when it started but people are now being aware of bitcoin because of it's profitability more than anything

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GideonGono
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November 04, 2017, 12:23:50 PM
 #40

I think the title says it all.

After a long time of thinking, reading and also investing a bit into Bitcoin I have to say that it looks for me that the main use is actually just pure Investment. It always looks like that everyone just talks about how great the Technology is although they secretly want to get super rich with a always raising price. Of course it's used with several shopping or daily things, but that's just such a small part of it.
During that, people who don't want to take the risk to invest call it a "Bubble" and people who don't want to lose their money just make kind of stupid speculations without any arguments.

In the end (just my opinion) the price of Bitcoin is controlled by all the media (that's hyping bitcoin and talking about it everywhere) and all the really big bitcoin whales with e.g. like 10000+ coins can actually effect the market the most. Imagine what a few people with a huge amount of bitcoins could work out together to control the market and making money.

It's just weird, because it turns this, what everyone calls it, great technology in the end just to a fully commercial object to earn money. Which would be probably also the reason why it stays and raises all the time, because it's normal that everyone wants to make a big amount of money with this little effort.

Let me know what you guys think and please don't give me this non argumented one liner like in all the other threads Wink
Not at all. It is more than just an investment. If you had stayed in cryptoworld for awhile then you will came to know how the economy works here. Some people here exchange their bitcoins to fiat in order to buy some necessities since bitcoins is not that widely accepted yet but if they had the choice then they prefer the payments to be in bitcoin.

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