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Author Topic: Is bitcoin just for investors  (Read 383 times)
zeingrind777
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October 14, 2020, 06:24:27 PM
 #41

For speculators who want to profit from bitcoin, then it is for investors. For an anonymous person who wants to maintain privacy in sending money easily, then it is for an anonymous. and for young people who are following the bitcoin trend, it is for the hits and slang groups. So Bitcoin is for everyone
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October 14, 2020, 06:29:34 PM
 #42

Well.. bitcoin is certainly not for investors. There are a lot of local businesses that accept bitcoin and some people actually prefer to pay with it even if it is just for the privacy feature.
You mean not ONLY for investors right? Well definitely bitcoin is for everyone no matter what the individual case is investors, businessman, CEO, etc. there is no restriction in using bitcoin unless your country did prohibit it lol.

Bitcoin is still in an early phase and does not YET benefit from massive institutional liquidity like commodities or forex pairs. This is why we see these sometimes violent price swings. Due to the scarcity of Bitcoins it is not likely that we'll see BTC at these prices when institutions will pour their money into the market.
Violent price swings? I don't think violent is the right word for mix mass speculation, it will be only violent to you when you expect misaligned to the outcome such as investing then opposite direction movement happens. Scarcity of bitcoin, low limited supply will enable it to soar up high in the future.

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October 14, 2020, 06:36:35 PM
 #43

Well I use it for gambling, most of the time! So except for all other possible activities mentioned in this thread it can be used for gambling too! Most of us see the bitcoin value trough dollars, and at the moment you know that bitcoin worth +$11k! Basically bitcoin is a valuable asset, and with your asset you do what you wish! You can treat it as investment and add more if you believe in it! You can exchange for anything else, if you don't need it or you don't believe it. It's a beauty about crypto, you do what you want to do and you can make your own conclusions! My opinion is that bitcoin is for everyone, and anyone can freely decide where and how to use btc.

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October 14, 2020, 06:52:53 PM
 #44

I would never say bitcoin is for investors only. It is for everyone. Some people invest in bitcoin and other crypto currencies hoping that they will make some good profit in the long run. Others invest in it to use it as a regular currency due to its flexibility (i know its currently not as much flexible as fiat currency, but with government showing positive attitude and interest towards crypto currencies, we are getting there). Like look at those gamblers. They don't have to go through all those banks and other hassles. They can just invest deposit their coins within seconds on their casino wallets and start gambling right away. Again, there are people that are using crypto currencies "just for fun". They enjoy trying out new technologies and like to experiment with it.

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October 14, 2020, 06:59:00 PM
 #45

I do think that bitcoin is for an investor to invest but that's not all there is to it normal people also buy bitcoin to store for the future like any other asset like gold and silver back then I also used to buy gold and silver as an investment but I got to pay tax on them on top of that they don't return investment fast like bitcoin who in years incense to 10000$ from cents
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October 14, 2020, 07:15:05 PM
 #46

I do think that bitcoin is for an investor to invest but that's not all there is to it normal people also buy bitcoin to store for the future like any other asset like gold and silver back then I also used to buy gold and silver as an investment but I got to pay tax on them on top of that they don't return investment fast like bitcoin who in years incense to 10000$ from cents

Uhm, isn't buying something for the future is like buying to gain profit in the future or to retain the value of one asset is like an investment?  Initially, Bitcoin was created for all people especially to the unbank one but one needs to be an investor (buyer or miner) in order to have a grasp of this Bitcoin technology.  It is right to say Bitcoin is just for investors since all people invest in it in order to enjoy the benefits of having Bitcoin may it be for profit or for daily transaction use.
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October 14, 2020, 08:16:07 PM
 #47

So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?
Bitcoin should be used for every transaction not just as an asset to hold then sell it for profits, but the reality is most of the people are using it as an investment.At least people are using it when rich people of the world saying it is just scam when it was new and still now bitcoin is proving them as wrong even though they managed to make lot of paper money in this generation.It will stay strong in the future and satisfy they dream of satoshi.
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October 14, 2020, 08:21:56 PM
 #48

I think that Bitcoin is for everyone. Everything depends what one knows and expects from Bitcoin but it's definitely not designed just for investors. It's not only made for profit but it also has a practical value in everyday life and it can be used as payment method. Unfortunately not many people knows that because we still need much more knowledge and awareness about Bitcoin among broader population.

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October 14, 2020, 08:29:23 PM
 #49

The transaction people expect with bitcoin is for daily trade of goods and service but checking the volume of trade for a long while Bitcoin has retained highest volume of trade in cryptocurrency. For the over 6000 coin in the space bitcoin has the highest number of pair compare to any other coin even tether, it also hold the highest volume trade to fiat in the space, as the most used denominator in the space more fund flows into it even from the fiat, from exchanges and OTC.

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October 14, 2020, 08:43:13 PM
 #50

I think the major use of bitcoin is for profit purpose whether it is for investors may mean it is just for them. If someone that will buy bitcoin is an investor no matter how small quantity it is, that means it is for investors. The much talk about bitcoin anyway is for investment and asset.
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