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Author Topic: Can you stop calling Bitcoin an investment?  (Read 2622 times)
trantu8461520@gmail.com
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July 28, 2018, 03:37:34 PM
 #121

It does not critical if it is not created for this destination item, it is allocated and it is the users is do not work with it. Special Khan and the distribution is the reason for the primary for the current database in the Bitcoin. More many many others with Bitcoin because the profit of its has been profit. do not do that do not invocation as Btc as a first consult
matthew1981
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July 28, 2018, 03:39:32 PM
 #122

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



I agree, every people entering bitcoin to gain profit and make income. Wether poor or rich people, they are using bitcoin for investment. Buying it in low price and sell it high. Thats an invest for me.
atmos
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July 28, 2018, 03:40:38 PM
 #123

Even if we consider bitcoin as gambling, there is a law in this area. Another thing is that the mass introduction of legislation will reduce volatility, and hence profitability.
Snakerist
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July 28, 2018, 03:51:38 PM
 #124

Yes, cryptocurrencies are currencies, but it doesn't mean that they are not assets and can not be used like investments.

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July 28, 2018, 03:51:56 PM
 #125

I would stop calling bitcoin an investment when it becomes mainstream. Meaning, it became a currency. Part of our everyday lives. After all, bitcoin is cryptoCURRENCY.

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July 28, 2018, 03:53:39 PM
 #126

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
Yes you are right and i’m not arguing your statement. But in this crypto world more and more people buying bitcoins as an investment and believing that their money that they buy bitcoin will become 10x or 20x more with their capital. This believers they look at it as a form of investment because of the volatile market of bitcoin. I think this mentality will go on further because of the popularity of bitcoin nowadays.
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July 28, 2018, 03:55:01 PM
 #127

If you should consider Bitcoin as an investment it's one about Bitcoin to be used as a form to protest against the current banking system and politic. I see humans will never be able to reach a consensus for the sake of the humanity. The ideology behind Bitcoin is just an utopia and will never get mass adopted so...

Given the choice of owning an inflationary fiat currency that your government is systematically devaluing or a decentralised deflationary currency, how would you rather store your wealth? I can't blame other people for making the same decision I have. I would rather have money that will hold or increase its value relative to others in the long-term than money that will diminish in buying power.

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Xanxus024
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July 28, 2018, 03:55:24 PM
 #128

Basically bitcoin is a currency but the thing is we used it as an investment because we can generate a profit on it.
mahbuboracle
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July 28, 2018, 04:01:22 PM
 #129

Just heard that bitcoin is not for investment, but currency can also be an investment, especially dollars. Why can not bitcoin?
I did not go deep into the world of crypto but every tool that contained the price would be an investment tool.
dgreat
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July 28, 2018, 04:04:57 PM
 #130

It would not be an easy task to stop calling bitcoin an investment. As long as you get profits from it, it is seen as business and anything you put your money into with the view of making gains is an investment.
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July 28, 2018, 04:08:51 PM
 #131

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.

This is why bitcoin considered as investment because of its limited supply people think that storing this coin will give them big profit in future things that satoshi nakamoto thought would happens,he created this as an currency,to be used as payments for transactions from service to product but now it has been store from all wallets and exchanges
Fmradio98
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July 28, 2018, 04:13:13 PM
 #132

Bitcoin is a trading investment opportunity in a modernize way in which someone can make profit.
Luthfiyaaa
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July 28, 2018, 04:14:48 PM
 #133

why we can not call bitcoin as an investment ? because in fact it is bitcoin can be used for investment. I do not think gambling, we only bet on price, but not forever. like gold, we buy gold and save it a few years ago sell it when the price of gold goes up. bitcoin is also like that. investment. not gambling.
CryptoKush
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July 28, 2018, 08:20:40 PM
 #134

I think that Bitcoin can be called an investment. You buy Bitcoin for use in the future. Also I think that Bitcoin is very similar to an asset. In the future, the price of this asset can grow very much.
farosa
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July 28, 2018, 08:47:55 PM
 #135

I agree with you, but for this moment we can not use it as a paper money. We all want the freedom which Bitcoin gives us, but that freedom also has its limitations and those limitations are too small, so many people can not settle there. In addition, it is possible to trade with today's paper money and if you don't trade with Bitcoin, it will be over one day.
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July 28, 2018, 08:55:45 PM
 #136

Bitcoin can be always called investments because most people hold their money until they are satisfied to the value of bitcoin. We all know that the value of bitcoin is unstable.  Bitcoin can also be use as transactions of payments which is so great.

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July 28, 2018, 09:14:31 PM
 #137

Even if we consider bitcoin as gambling, there is a law in this area. Another thing is that the mass introduction of legislation will reduce volatility, and hence profitability.

As soon as it becomes legal and, hence, less volatile, it is going to be stable (the opposite to "volatile:), which means you can keep your retirement money there thereafter Wink
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July 28, 2018, 09:27:56 PM
 #138

It's important  to trade  with the trend, to use S/L and T/P , in case of cardinal trend changes, do not earn all the money, and the syndrome of lost profit is more likely a negative factor, I do not believe in holding, I think that swing trading  will make it much more interesting
richardsNY
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July 28, 2018, 10:16:31 PM
 #139

he created this as an currency,to be used as payments for transactions from service to product but now it has been store from all wallets and exchanges

It was heavily being used for payments in the early days, where silk road is the perfect example of how well Bitcoin can function as cash. On top of that, due to the lack of services where you can exchange your Bitcoins for fiat, people kept their coins and just spent it as a way to cash out. Bitcoins were circulating as how cash is circulating right now, and that's how it technically should be. People used it as cash because they understood the technology aspect of Bitcoin and for that reason got excited and kept using it. Right now people's understanding of Bitcoin isn't there, and they don't even bother to dive into it. It's all profits they care about.
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July 28, 2018, 10:20:10 PM
 #140

Of course we can. But at Bitcoin's current status, we cannot deny the fact that people won't be able to "think" that it is one. You are so correct with your points which is why it is quite sad that the vision and the original purpose of Bitcoin's creation has been altered and was swayed to becoming an asset giving the impression of being an investment. Surely, the big players (the very people this system is trying to run away from) have turned things around for their general benefit (many of us are also benefiting from this turn around). But I guess that's just how things work now a days as people always find ways to take advantage of every possible opportunity.

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