Lets think Bitcoin as an investment not payment system, is this right?

[DoublerHunter]

Whether it's an investment or a payment method, it can be both. Nothing to argue with that. It depends on the person holding a bitcoin if he'll use it for payment or just for investment since bitcoin can do both.

^ Only people in China think that Bitcoin is good for the investment they never use this for payment system. We have the right to choose either to in investment or as a payment system. To help bitcoin circulate and make the price goes up, let us use this as a payment system not only for investment. The concept of white paper that made by Satoshi Nakamoto is bitcoin a cryptocurrency/digital money that intended for payment system in internet.

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[STT]

Chinese have always thought of Bitcoin as an investment

Chinese I think are better savers then most of the western countries where we build up debt and try to pay it back later.   I think this would be more about the Chinese attitude towards business and being willing to invest into a situation to make a profit trading; so yes they withhold alot of their wealth and may not spend it like our western consumer society.    
   I would still hold that Bitcoin by itself cannot just be held and be called an investment, much like gold you are doing nothing at all by just holding it and not participating in a business.   So at best we can call this commodity speculation, you buy a scarce resource and hope that rising demand favors your withheld supply for a greater sale price then you bought.    Doesnt mean its wrong but thats not investment really, not to me anyway.
   Some will say investment is just buying and selling for more then you paid, I disagree I think it has to be an active involvement in business to qualify and so the investment is a yield given on that holding.    

   I will put it another way, if everybody held Bitcoin in this way and nobody wanted to use it as a payment system then we would only be favoring the alternatives and underlining why Bitcoin is not needed and so undermine the case for the resource we are holding.   It would all fall apart if nobody wanted to actually use Bitcoin, the investment must be active and ongoing as a cycle.  I would encourage people to both buy and sell regularly, use the Bitcoin or we wont expand this market and demonstrate its ability to be fast secure useful currency all over the world.

[tungaqhd]

Whether it's an investment or a payment method, it can be both. Nothing to argue with that. It depends on the person holding a bitcoin if he'll use it for payment or just for investment since bitcoin can do both.

Agree, these arguments are useless when bitcoin can perfectly represent its value in both payments and investments, many sources of information have shown these features, so there's no need to discuss, besides, bitcoin is just a tool, how to use it is like you said, the user will decide. And perhaps most people here just prefer to think of bitcoin as an investment because it brings real value, through bitcoin, the wealth of many people increases over time with rational investment plans, very few people use it as a payment system, it's possible but not common

[Pamadar]

Whether it's an investment or a payment method, it can be both. Nothing to argue with that. It depends on the person holding a bitcoin if he'll use it for payment or just for investment since bitcoin can do both.

^ Only people in China think that Bitcoin is good for the investment they never use this for payment system. We have the right to choose either to in investment or as a payment system. To help bitcoin circulate and make the price goes up, let us use this as a payment system not only for investment. The concept of white paper that made by Satoshi Nakamoto is bitcoin a cryptocurrency/digital money that intended for payment system in internet.

By pursuing the sole purpose of this system, it can be both done as payment process or as an investment asset to hold value after some time. The adoptions that will happen along the way will create the momentum, bringing the value of your assets to rise high. More end-users will make things more successful from both end of the line, investment and a payment tools can be coordinated and will work together for the best outcome.

[FlightyPouch]

With a lot of people investing in crypto currencies, and also those investors earned a lot of profit for a long time that it is available, people would be wanting to also experience that profit with the volatile cryptos. Some investors don't want bitcoin but there are a lot of them that wanted it, I guess it depends on the user whether how will they treat it maybe as a payment system or an investment.

[Artemis3]

Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system.

Lee made his remarks during an interview for Charlie Shrem’s Untold Stories podcast on Sept. 18.

- In accordance to what Bobby Lee said, it is indeed that China thought of bitcoin as an investment.
This might be the reason why China was one of the biggest percentage average of having a bitcoin mining farm.
all over the world, What's your view about this thought?

This thinking have to change, as bitcoin price increase is slowing down with maturity. Perhaps until now, and perhaps for a little bit further, you could thing of bitcoin as "investment", but in the future, you should rather think of bitcoin as value preserving.

First, think that anything fiat loses value, depending on place from 2% to millions % yearly. So to avoid this, you should move your savings into bitcoin or gold. Then, of course at some point you want to use a bit of your savings, and that is when you can simply spend it directly rather than the inconvenience of exchanging it for fiat first.

Don't expect just buying bitcoin will give you so much profit you can quit your job. That might have been the case in the beginning, but with each passing day it will be less and less true. You will never get the giant returns people who invested early made in the past. Those times are gone.

Even if you don't want to see it as a payment system, look at it as a money (wire) transfer system. For this purpose Bitcoin is perfect as it is, and of course to save your money from induced inflation from the misled ruling governments and institutions following school of Chicago dogma.

[Ridwan Fauzi]

I think the electricity is the most factor that the citizen of China have a majority being a miner of bitcoin rather than the other countries. As for the using of bitcoin being an investment has been done by most bitcoin users, they have thought like that since the bitcoin price is so volatile rather than the other investment. Someone can increase their money in overnight if the price is increasing but it is otherwise when its price going down.

Other than that the government of China still ban bitcoin as payment system so as the user will have a little chance to make transaction through bitcoin. Even, there are many information who tell that the government of china will make their money based on blockchain and their plans can be said uniquely because they will send the money to some merchants who has popular in their country such as Alibaba etc.

[mitchr4]

With a lot of people investing in crypto currencies, and also those investors earned a lot of profit for a long time that it is available, people would be wanting to also experience that profit with the volatile cryptos. Some investors don't want bitcoin but there are a lot of them that wanted it, I guess it depends on the user whether how will they treat it maybe as a payment system or an investment.

We can use both, only because having invested in Bitcoin we can't use it as payment. There are no restrictions at all on using Bitcoin if people want to invest or use it as payment, use it as it should.

[bitcoindusts]

Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system.

Lee made his remarks during an interview for Charlie Shrem’s Untold Stories podcast on Sept. 18.
https://cointelegraph.com/news/bobby-lee-chinese-always-saw-bitcoin-as-investment-not-for-payments

- In accordance to what Bobby Lee said, it is indeed that China thought of bitcoin as an investment.
This might be the reason why China was one of the biggest percentage average of having a bitcoin mining farm.
all over the world, What's your view about this thought?

Most of us thinks that China is against Bitcoin, this article somehow changed my POV.  It is a good thing that China also thinks of Bitcoin in a positive way.  Though it may not be what we think it is, thinking as it is an investment can pave way for Chinese government to fully adopt Bitcoin.

[ene1980]

Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system.

How he came to the conclusion that the entire population dealing with bitcoin think of it as an investment rather than a payment system, did he undergo any research to come to that conclusion or he consider that as a investment and he came to a conclusion that the majority of the popular thinks alike  .

This might be the reason why China was one of the biggest percentage average of having a bitcoin mining farm.
all over the world, What's your view about this thought?

You think that the rest of the world does not understand that bitcoin will be the next big financial boom and only the Chinese understood that  . The reason for China having big mining farms is the climate and the ASIC manufacturing unit is located in China and the low electricity charges, low labor charges and many more.