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Author Topic: Can you stop calling Bitcoin an investment?  (Read 2668 times)
ajiejot
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August 15, 2018, 01:11:14 AM
 #361

I agree to you, most of people nowadays thinks that Bitcoin can help them to become rich, they don't even know how bitcoin works, most of people now that cryptocurrency will save them, they should learn first how to use cryptocurrency, they should know how it works before investing, and at last, they are the one who blaming bitcoin why their investment lost.
needtor22
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August 15, 2018, 01:15:39 AM
 #362

I think we will not stop to benefit from our investment in bitcoin, because bitcoin is also a good way we use a lot of things and we can easily get many benefits, even though the price is now down, we will also be patient and wait at the peak price
btcmmo9314
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August 15, 2018, 01:24:58 AM
 #363

Many people are involved in crypto for investment purposes. I myself find Bitcoin is slowly becoming an investment, people invest their money to make a profit from Bitcoin. They do not seem to have much purpose.
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August 15, 2018, 01:27:38 AM
 #364

As of this time, people won't do that.  Bitcoin is only used just to gain more money so it as an investment and not as a tool for real-life usage. If you really want  your vision to happen, you need to contribute things like markets where bitcoin is very convenient to us and not just for a typical speculative investment.
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August 15, 2018, 01:31:18 AM
 #365

You can call a bitcoin as an investment because bitcoin is a good currency and it is good if you invest in a profit. It can help us to make more money and invest in it  Your property
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August 15, 2018, 01:38:20 AM
 #366

It depends on the person who wants to call it but in my opinion it will be very difficult because bitcoin is indeed an investment place that can benefit anyone who invests in it.
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August 15, 2018, 06:59:35 AM
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 #367

If Bitcoin had a fixed value the majority wouldn't use it as their investment nor as a currency. Bitcoin could be used for the main reasons it was created for. People in need of an alternate currency for cross-border payments, free from any authority. Unbanking all of us to get a total control over our money. The idea of a cryptocurrency originated from anarchists.

And considering Bitcoin as an investment, sorry but there are better investments with your bank and much fewer risks.
I would rather prefer to earn a 6% per annum than to lose 400% in  2 months.

If Bitcoin was just intended to be a payment system why did Satoshi not just create something like Tether?

I posted in a discussion on this theme recently:

[Discussion]How to decentralize the price of the bitcoin? Self-moderated.

It is my opinion that the decentralisation of money creation and supply is more important to Bitcoin than just being a trustless Visa or Paypal.

PS. This is an interesting subject but it is really difficult to discuss with all this signature spam. It is time to make all threads in Bitcoin Discussion self-moderated.

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August 15, 2018, 11:38:56 AM
 #368

Okay, but bitcoin it’s business for some people. And today, there are numerous Bitcoin business opportunities to consider and it can be used as an investment tool. So, people invest in it and can get a profit.
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August 15, 2018, 11:52:47 AM
 #369

Okay, but bitcoin it’s business for some people. And today, there are numerous Bitcoin business opportunities to consider and it can be used as an investment tool. So, people invest in it and can get a profit.

Please read the OP post, you're just telling nonsense. The guy brought everything right and some people here should think hardly about the way they treat Bitcoin
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August 15, 2018, 11:54:33 AM
 #370

Why should we stop calling btc an investment? No reason for that. Btc does work as investment and storage of value to people, especially when they want to diversify risks or so. So btc does work as an investment tool.
Gibsonlda
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August 15, 2018, 11:55:41 AM
 #371

there is no other word for me to teach to others, bitcoin in my country is only allowed as a commodity asset, not an official currency. many don't believe if I don't use the word. the mind of a beginner is that bitcoin is a circulation of stocks that always fluctuate, no country fully recognizes it as an official currency, and their mindset remains only as an investment.
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August 15, 2018, 02:15:50 PM
 #372

If you don't participate in Bitcoin investment, BTC has no risk.
Bitcoin is like a gambling game. Everyone who participates in gambling knows that gambling must have a win or lose. If you enter a bitcoin investment, you may lose profits or make a profit at any time, just like this.

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Tashi
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August 15, 2018, 02:43:32 PM
 #373

The fact that people forgot that Bitcoin is a digital currency but due to it's fluctuating value, people are more likely to keep in until it becomes the value that they want. They forgot that the fact that Bitcoin was made is to become a decentralized currency which is used for an easier and more convenient financial transactions.

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August 15, 2018, 02:51:28 PM
 #374

For me bitcoin is a investment. You will buy it and hold it like a stockmarket and wait it till it grow and get more profit daily or yearly
poldanmig
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August 15, 2018, 02:56:39 PM
 #375

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
maybe it's true what you are saying bitcoin is a digital currency, let's say it's a deposit, if it's like a fiat currency that has been recognized by everyone and the country, indeed if we see that it's a money bet to get a profit

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MaruAlmen
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August 15, 2018, 02:59:08 PM
 #376

I guess we cant stop calling it as an investment because bitcoin is all about volatility and the changing of its value from then on and on. Bitcoin was supposed to be a project created to solve the problem in our way of using fiat money on government and other stuffs like that but the idea of how bitcoin can be a good profit if we know how to trade and learn some skills like holding, staking and selling thats how we forgot the main goal of cryptocurrency and we only think of it as an investment for a good profit. Thats why I guess we cant stop calling it an invedtment because we invedt our money on it to gain some extra profit.
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August 15, 2018, 06:39:15 PM
 #377

If Bitcoin had a fixed value the majority wouldn't use it as their investment nor as a currency. Bitcoin could be used for the main reasons it was created for. People in need of an alternate currency for cross-border payments, free from any authority. Unbanking all of us to get a total control over our money. The idea of a cryptocurrency originated from anarchists.

And considering Bitcoin as an investment, sorry but there are better investments with your bank and much fewer risks.
I would rather prefer to earn a 6% per annum than to lose 400% in  2 months.

If Bitcoin was just intended to be a payment system why did Satoshi not just create something like Tether?

I posted in a discussion on this theme recently:

[Discussion]How to decentralize the price of the bitcoin? Self-moderated.

It is my opinion that the decentralisation of money creation and supply is more important to Bitcoin than just being a trustless Visa or Paypal.

PS. This is an interesting subject but it is really difficult to discuss with all this signature spam. It is time to make all threads in Bitcoin Discussion self-moderated.

Yeah I think that the original purpose of bitcoin was not just as a transaction vehicle but also to be a tool for people. That's why there's no reason to be getting upset about calling it an investment, although I would agree that it does make it vulnerable for the wall street vampires to sink their fangs into.

Bitcoin turning into a visa or paypal system would spell the doom for it. Then it'd probably be made into a fractional reserve system so the bankers can wipe their asses with futures contracts written in millions and billions of bitcoins. Bastards.
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August 15, 2018, 06:55:36 PM
 #378

If Bitcoin had a fixed value the majority wouldn't use it as their investment nor as a currency. Bitcoin could be used for the main reasons it was created for. People in need of an alternate currency for cross-border payments, free from any authority. Unbanking all of us to get a total control over our money. The idea of a cryptocurrency originated from anarchists.

And considering Bitcoin as an investment, sorry but there are better investments with your bank and much fewer risks.
I would rather prefer to earn a 6% per annum than to lose 400% in  2 months.

If Bitcoin was just intended to be a payment system why did Satoshi not just create something like Tether?

I posted in a discussion on this theme recently:

[Discussion]How to decentralize the price of the bitcoin? Self-moderated.

It is my opinion that the decentralisation of money creation and supply is more important to Bitcoin than just being a trustless Visa or Paypal.

PS. This is an interesting subject but it is really difficult to discuss with all this signature spam. It is time to make all threads in Bitcoin Discussion self-moderated.

Ok, yes perhaps the fixed value wasn't a good argument. So, the supply and demand is what makes people speculating on (or at least it participates), but what if Bitcoin wasn't capped at 21 million, we could have less speculation less volatility and so less "investments in"
Or if Bitcoin was somehow stable +/-5% people wouldn't jump on the wagon to get a better return than a saving account

I don't know very well Tether, is it using a cryptography tech or is it just a scriptural money?


Quote
PS. This is an interesting subject but it is really difficult to discuss with all this signature spam. It is time to make all threads in Bitcoin Discussion self-moderated.
I agree

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August 15, 2018, 07:04:36 PM
 #379

For me bitcoin is indeed a good investment and very profitable in the long term, so I still think that bitcoin is an investment, and in my opinion there is nothing wrong when we say that bitcoin is an investment, because that is the case happening now.
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August 15, 2018, 07:05:59 PM
 #380

This post make senses but i think everything has changed already. Bitcoin is becoming a store of value as of like gold. bitcoin could never be the thing it was designed for. greed for money has taken over.
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