Can you stop calling Bitcoin an investment?

[LeGaulois]

Can you stop calling Bitcoin an investment?

This damages the cryptocurrency. Bitcoin was not created to become an investment. Before Bitcoin, there were some digital currencies years back, the goal was always to be able to create a (digital) currency free from central banks and governments.
Cypherpunks and other anarcho-capitalists are at the origin of this idea, perhaps 20 or 30 years ago. None were intended to make an investment to be rich quickly.
You won't find in the white paper "investing" mentioned, you won't find any post from Satoshi mentioning it

Considering Bitcoin as an investment, this is the reason why we have more and more regulations, G20 summits and others craps, KYC, etc...
The word "Crypto-assets" didn't exist before, why did they create it? Because you even consider it an investment, then why shouldn't they?
Bitcoin could be a lot more accepted and used by now. Why should a merchant agree to be paid in Bitcoin? He wants money, not a piece of your investment.

You're not even investing, you are just gambling with money.
Go to the altcoins board, you will surely find plenty of ICOs where you can say you invested in. I have something for you, ICOs used to raise money are no different than "Crowdfunding". If you want to invest then there are a lot of Crowdfunding websites where you can invest in real startups with fewer risks, (you won't find any project using photos from Pixabay...)

Why don't we see cryptographers anymore? Guess the reasons

[TheQuin]

The limited supply and the distribution process leads to the analogy of gold. It's not hard to also see the similarity of something that was once a universally used as currency also being considered an asset and therefore an investment. While I don't disagree with what you say I think it is inevitable and unavoidable that many people will view Bitcoin as digital gold and an investment.

[stefy77]

Absolutely not. It is and will increasingly be an investment.

[ChocolateMuscles]

The limited supply and the distribution process leads to the analogy of gold. It's not hard to also see the similarity of something that was once a universally used as currency also being considered an asset and therefore an investment. While I don't disagree with what you say I think it is inevitable and unavoidable that many people will view Bitcoin as digital gold and an investment.

I believe you're 100% right. Everything people hear and read about it leads them to believe in Bitcoin as an investment and I'm afraid there's nothing that could be done about it. As you've said, it is "inevitable and unavoidable."

[aoluain]

I agree!

Unfortunately because of the bitcoin volatility people are speculating on its value.

Its hard to get away from calling it an investment because of this and also because
of its positive long term outlook so there is Hoarding, Trading and a smaller amount
of spending.

Governments want a to collect their share from people liquidating back into FIAT
so they have to give it a name. I suppose if we all kept bitcoin etc. seperate from
FIAT and traded among ourselves for goods and services it would be different.

[First77]

Absolutely not. It is and will increasingly be an investment.

$1000 to $8000 in one year. Now Bitcoin is high risk investment and looks at its peak.

At $1000 or $2000, Bitcoin can be an investment

[Missterio]

I think everyone here is for profit. how else can this be called except as an investment

[TheQuin]

I think everyone here is for profit. how else can this be called except as an investment

That's where you're wrong. Not everyone. In the beginning, this was about taking control away from governments and vested interests. Bitcoin was created to allow people to make financial transactions without the need for trusted third parties (banks) and to take the responsibility of money creation (printing) away from government agencies (central banks). It wasn't meant to be a way of getting rich.

[davis196]

Who is calling Bitcoin an investment?I`ve never seen anyone calling it "investment" so far.
People will continue to see btc as an investment opportunity,because of the price volatility and huge expectations for 25K or 50K price next year.You can`t stop them from buying bitcoins.
There is freedom of speech and opinions,you can`t create censorship.

[LeGaulois]

@TheQuin

While we say humans are killing the humanity, we can also say bitcoiners are killing Bitcoin

If Bitcoin wasn't considered an investment, its value could be less volatile, and so more people could use it. How many time we read "Bitcoin is too volatile, I won't use it".
Accepting Bitcoin as an investment is accepting regulations. Accepting regulations is not different than accepting governments to control at some point and at some level the crypto world. Governments shouldn't be welcome, sorry, no slot for govt. the campaign is full

What about if Bitcoin had a fixed value from the day 1? People wouldn't consider it the same

[BitGunner]

I think that btc is the best possible investment and that's why you can call btc the powerful and worthy investment number 1 as it is the first in the rating. to my mind, this is the best one ever

[St4yInTh3D4rk]

Can you stop calling Bitcoin an investment?

This damages the cryptocurrency. Bitcoin was not created to become an investment. Before Bitcoin, there were some digital currencies years back, the goal was always to be able to create a (digital) currency free from central banks and governments.
Cypherpunks and other anarcho-capitalists are at the origin of this idea, perhaps 20 or 30 years ago. None were intended to make an investment to be rich quickly.
You won't find in the white paper "investing" mentioned, you won't find any post from Satoshi mentioning it

Considering Bitcoin as an investment, this is the reason why we have more and more regulations, G20 summits and others craps, KYC, etc...
The word "Crypto-assets" didn't exist before, why did they create it? Because you even consider it an investment, then why shouldn't they?
Bitcoin could be a lot more accepted and used by now. Why should a merchant agree to be paid in Bitcoin? He wants money, not a piece of your investment.

You're not even investing, you are just gambling with money.
Go to the altcoins board, you will surely find plenty of ICOs where you can say you invested in. I have something for you, ICOs used to raise money are no different than "Crowdfunding". If you want to invest then there are a lot of Crowdfunding websites where you can invest in real startups with fewer risks, (you won't find any project using photos from Pixabay...)

Why don't we see cryptographers anymore? Guess the reasons

I think whales created the bitcoin as too volatile then it considered as like investment by everyone.I am also considering bitcoin as an investment but maybe little differs from others because I am investing it too long until the bitcoin can be used as a currency when we can use bitcoin into any shops to buy anything we want.And also we will get the benefits from investing early on.I think traders are doing more harm to the bitcoin than the investors,but still no one can controls it.Anyone can use as how they want.

[TheQuin]

@TheQuin

While we say humans are killing the humanity, we can also say bitcoiners are killing Bitcoin

If Bitcoin wasn't considered an investment, its value could be less volatile, and so more people could use it. How many time we read "Bitcoin is too volatile, I won't use it".
Accepting Bitcoin as an investment is accepting regulations. Accepting regulations is not different than accepting governments to control at some point and at some level the crypto world. Governments shouldn't be welcome, sorry, no slot for govt. the campaign is full

What about is Bitcoin has a fixed value? People wouldn't consider it the same

It's impossible to avoid is all I'm saying. The only way to make it a fixed value would be to have a central authority controlling supply. It wasn't designed like that for good reason. The QE that followed the financial crisis was a large part of the inspiration behind Bitcoin. Giving people an alternative currency that your government couldn't deliberately devalue to make you poorer. Having a decentralised limited creation process restricts supply and makes it an asset, that might well be an unintended consequence but we have to accept it is there.

[Kemarit]

I think everyone here is for profit. how else can this be called except as an investment

No. Go to the Whitepaper and no where you will find that Bitcoin is created for "making money". It was not the plan of Satoshi, it was ground breaking at that time, making transactions P2P without relying to any third party (like banks). However, when "big boys" enter the picture, the rule has changed. Bitcoin then becoming a form of investments, and no longer the original vision of Satoshi, I guess its really inevitable, specially during the 2016-2017 when it peaked at around $20,000. It become a speculative asset, and others take that as a opportunity, trying to make quick bucks, or even putting their whole life-savings hoping to become rich.

[Kprawn]

There is nothing wrong with people using a currency as a commodity. Have you ever heard of Forex trading, where people

trade in currencies? This is the same for Bitcoin, it is primarily a currency, but some people would rather profit from the high

volatility by trading it as a commodity. Let's celebrate the fact that Bitcoin can be used both as a Currency and a Commodity.

Where do you think the high price tag is coming from for a bitcoin, surely not from the currency use.  

[Kertmu]

Can you stop calling Bitcoin an investment?

This damages the cryptocurrency. Bitcoin was not created to become an investment. Before Bitcoin, there were some digital currencies years back, the goal was always to be able to create a (digital) currency free from central banks and governments.
Cypherpunks and other anarcho-capitalists are at the origin of this idea, perhaps 20 or 30 years ago. None were intended to make an investment to be rich quickly.
You won't find in the white paper "investing" mentioned, you won't find any post from Satoshi mentioning it

Considering Bitcoin as an investment, this is the reason why we have more and more regulations, G20 summits and others craps, KYC, etc...
The word "Crypto-assets" didn't exist before, why did they create it? Because you even consider it an investment, then why shouldn't they?
Bitcoin could be a lot more accepted and used by now. Why should a merchant agree to be paid in Bitcoin? He wants money, not a piece of your investment.

You're not even investing, you are just gambling with money.
Go to the altcoins board, you will surely find plenty of ICOs where you can say you invested in. I have something for you, ICOs used to raise money are no different than "Crowdfunding". If you want to invest then there are a lot of Crowdfunding websites where you can invest in real startups with fewer risks, (you won't find any project using photos from Pixabay...)

Why don't we see cryptographers anymore? Guess the reasons

Investments - placement of capital for profit.
So far this is the main purpose for buying Bitcoin. Once you can easily buy any product or service, then Bitcoin will become a currency.
I think Bitcoin as a currency is suitable for buying expensive objects: cars, apartments, houses, but not loaves of bread or a hamburger.

[TechnoX_X]

I never mention this as an investment, but I call it an investment opportunity. Why like that ? because with the fluctuating price bitcoin be the choice of every trader to seek profits on a large scale.

[jonas5222000]

We cant ,for me bitcoin is absolutely a gambling and its only for a risk taker ,because if you already put your money here, you didnt know if it could gain or maybe lose.

[sormin]

The real purpose of bitcoin is to be an alternative payment of every transaction used by humans. But there are some people who are able to think critically to take advantage of the weakness of bitcoin to make a profit as big as. Like the fluctuating price

[bigvito19]

Its an very high risk investment