DanyJr
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July 13, 2018, 01:50:44 PM |
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Bitcoin has helped a lot of people to be financially independent so it's only normal if people look forward to capital gain, but it's not that people don't use it as an exchange of medium at all. If the facilities and the way of using it as an exhang e medium gets easier, better and convenient to use without many limitations, the scale of using it as a medium of exchange will increase as well.
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imrul5 (OP)
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July 14, 2018, 03:11:06 AM |
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Bitcoin has helped a lot of people to be financially independent so it's only normal if people look forward to capital gain, but it's not that people don't use it as an exchange of medium at all. If the facilities and the way of using it as an exhang e medium gets easier, better and convenient to use without many limitations, the scale of using it as a medium of exchange will increase as well.
Look at the gold . Gold was used to be a medium of exchange and transactions. Due to investment and long lasting characteristic it has lost its currency value. It is only used as an investment. |
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ClaytonLWils
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July 17, 2018, 12:02:04 AM |
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Bitcoin, in my opinion can be used as both as a medium of exchange and used as preserved wealth or capital. Nowadays, BTC has become more reliable than ever and it has continued growing its reliability. As capital, we can use BTC in investment and as an exchange we can use it to buy anything in the online markets.
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Kokondao
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July 17, 2018, 12:35:14 AM |
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Yes, that's right with what you say, that we should use bitcoin for the transaction medium of the day in our lives, and not just thinking about making a profit.
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DoublerHunter
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July 17, 2018, 12:46:17 AM |
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Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
I agree with you, we can use BTC as a medium of transactions in every outlet that accept BTC as a means of payment in their store for the existence of BTC increasingly known and can lift the name BTC and the existence of the more famous BTC Why don't we just use both of them and have a win-win opportunities. Well we're already getting the benefit from bitcoin by using it as a capital source. Using it as a medium would be just another factor that we can get from bitcoin. We don't have to choose one if we have the chance to do them both. That is right, why we need to choose if we can do both. Just do both and grab both sides if you are really into those two and you don't need to push yourself to choose what is the best of the best if both of them are already the best. Just have a balance and self-discipline so you will know your limits in both sides. |
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thangthoa
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July 17, 2018, 01:01:04 AM |
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I think that view is ingrained in the mind. It is difficult to change.
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pakhitheboss
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July 17, 2018, 02:21:15 AM |
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You can use it for both, but people tend to use it more as capital gain than medium.
New Investor are coming for capital gain and there is nothing bad about it. More profits is equal to more demand which in time will result in Bitcoin being used as a medium for payments, This will take time and you should expect this to happen in near future. Some countries have already started using it as a medium and some will follow soon.
At this moment let it be used for Capital Gain. The future is Bright for Bitcoin.
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Arkham Knight
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July 17, 2018, 02:27:44 AM |
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It depends on what you want. People are already using at as a medium in the last 3 years and it worked. They might also just trying how it will work and it is all because if curiosity but for making it a medium for everyone, it is going to be difficult and it will take long before it happen.
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esteam026
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July 17, 2018, 02:31:55 AM |
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The fact that everyone using ETH is a more means than Bitcoin. Bitcoin has been pretty slow with the speed of development of the era and the number of people using it. Therefore it is not suitable for trading
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Brenda Karenn
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July 17, 2018, 07:09:34 AM |
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Yeah, absolutely. Bitcoin was born to be a medium of exchange facilitating commerce. Only by making Bitcoin back to its natural mission will the price of Bitcoin be more stable and sustainably grow.
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Menawi12
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July 17, 2018, 08:02:04 AM |
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Most peoples right now using bitcoin as investment. Its happen because many government still prohibit and ban bitcoin if used for payment. Because of that reason, many peoples and investment firm using bitcoin as an investment
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sushimittee
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July 17, 2018, 08:33:35 AM |
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Now investors using bitcoin as a investment opportunity and they want to make profit, peoples don't think about it as a medium which we can spend for our daily requirements, investors only need profit and don't care anything else because investors wanna be a rich person if peoples want then they can spend and accept this currency in markets as like fiat currency and this will be a biggest change in crypto market.
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imrul5 (OP)
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July 17, 2018, 03:47:52 PM |
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Now investors using bitcoin as a investment opportunity and they want to make profit, peoples don't think about it as a medium which we can spend for our daily requirements, investors only need profit and don't care anything else because investors wanna be a rich person if peoples want then they can spend and accept this currency in markets as like fiat currency and this will be a biggest change in crypto market.
This is the reality. We never understand what is best for us. Look at the dynamite, it was invented to destroy rock hills but now it is using to kill people. BTC was supposed to use currency but it is using as an investment tool. |
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orions.belt19
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July 17, 2018, 04:00:17 PM |
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Most peoples right now using bitcoin as investment. Its happen because many government still prohibit and ban bitcoin if used for payment. Because of that reason, many peoples and investment firm using bitcoin as an investment
Other than government bans, I think that people use bitcoin as an investment because of the lack of adoption. For now, there’s not much areas where you can use bitcoin. There are even some countries where bitcoin is not accepted as a payment system so I don’t see the point of using it as a medium. Also, fees are high so it’s not that favorable to use btc. It’s much more profitable to have bitcoin as an investment instead. It’s possible that btc as a medium will be more possible in the future. |
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imrul5 (OP)
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July 17, 2018, 04:05:02 PM |
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Most peoples right now using bitcoin as investment. Its happen because many government still prohibit and ban bitcoin if used for payment. Because of that reason, many peoples and investment firm using bitcoin as an investment
Other than government bans, I think that people use bitcoin as an investment because of the lack of adoption. For now, there’s not much areas where you can use bitcoin. There are even some countries where bitcoin is not accepted as a payment system so I don’t see the point of using it as a medium. Also, fees are high so it’s not that favorable to use btc. It’s much more profitable to have bitcoin as an investment instead. It’s possible that btc as a medium will be more possible in the future. Great, this is an important information for us. There are a few areas where we can use cryptocurrency right now. But this is also a bad habit to use BTC as an investment tool instead of currency. Look at this current price, BTC lost 70% already because of this so many people lost everything they have. It is just a killing machine. |
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uptown04
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July 17, 2018, 04:12:23 PM |
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yeahh defınıtely i agree with you in using a bitcoin medium imstead of capital gain since according to me to use bitcoin comes more logicai in one way and also easy seems to me at least.
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ugr_erkn92
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July 17, 2018, 07:51:28 PM |
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I'm very confident about bitcoin, ibelieve in bitcoin, so i'm investing in this market, i believe and that the growth of the market will support Bitcoin as a payment tool in the future.
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blockman
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July 17, 2018, 08:46:33 PM |
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Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
Everyone is free to use bitcoin on their own jurisdiction and belief. If you think that its good to use as a capital gain, its up to you and if you think that you should use it as a medium of payment for transaction much better. We don't have to dictate on what we should do with bitcoin as long as you have it and you are responsible for it to support the technology as well. |
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andohyeb
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July 17, 2018, 08:51:59 PM |
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Bitcoins is best for using it as capital gain by holding it as any other form of financial instrument. The medium of exchange of Bitcoin is a secondly function of bitcoins and shouldn't be the sole source of using bitcoin
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Rockkey
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July 17, 2018, 09:09:16 PM |
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If you have a lot of time and you do not hurry anywhere, if you do not have monthly needs for satisfaction which you need to regularly make money, then bitcoin is an ideal investment asset. It does not require any storage space, it is better than gold.
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