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Author Topic: Can you stop calling Bitcoin an investment?  (Read 2621 times)
KseniaLard
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September 01, 2018, 11:57:26 AM
 #561

That's right, bitkoyn looks like a lottery. Most likely, you get a huge profit from buying bitcoins, as your chance to win money from the lottery. its success rate is difficult to assess. If your money is limited, playing bitcoin is a very risky thing.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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September 01, 2018, 04:25:52 PM
 #562

Limited supply and distribution lead to the similarity of gold. It is not difficult to see the similarity of something that has been used as a currency as an asset and as an investment. I wonder what would you call a bitcoin? A currency? I do not think it matches Bitcoin
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September 01, 2018, 05:48:01 PM
 #563

Limited supply and distribution lead to the similarity of gold. It is not difficult to see the similarity of something that has been used as a currency as an asset and as an investment. I wonder what would you call a bitcoin? A currency? I do not think it matches Bitcoin

Yes, Bitcoin is a currency. The fact that you accept it or not is something else. The fact that you consider it an investment is also something else.
I know the majority here doesn't care about the adoption nor the development, as long you are still getting your free money. I wish a day Bitcoin fall to $1, surely all of you leave this industry, and real users will be able to use it correctly.
As I was saying, don't complain about regulation so, and don't aim to agree with the Bitcoin's purpose.

None of you has been able to show me a single post from Satoshi talking about Bitcoin as an investment, nor in the white paper (which I am sure most of you didn't bother to read it once, and not even know where to get it)

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September 01, 2018, 05:49:04 PM
 #564

No, because it is originally a great investment and I also want to add that it is very much profitable than other investment and it has proven several times.
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September 01, 2018, 07:32:50 PM
 #565

No, because it is originally a great investment and I also want to add that it is very much profitable than other investment and it has proven several times.

Much profitable. You should go to say this to the thousands and thousands of people who invested back during Q4 2017. They will tell you how it's much profitable. Who knows, maybe you will accept to refund their loss.
The price has declined by 60-70% since, such profits, much more profitable than any other investment.... Remember me to never listen to you when it's about financial advice


I'm locking the thread now for obvious reasons.

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