For me, Bitcoin is just a financial Game.

[balotelli]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."
Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.

[dzungmobile]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."
Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

When there is money flow, it's a financial game and this Bitcoin market is a zero-sum game too.

With Michael Saylor and MicroStrategy, according to their words, Bitcoin is the end game. Believe it or not, it's not important and Bitcoin is Bitcoin and will continue to grow in adoption, marketcap, trading volume.

The bullish case for Bitcoin
Bitcoin is the end game.

Michael Saylor after buying over 200,000 $BTC:

"The endgame is to acquire more #Bitcoin. Whoever gets the most Bitcoin wins." 👏

[Smack That Ace]

For me, Bitcoin is just a financial Game.

Bitcoin can generate profits due to its volatility, bitcoin can hedge against inflation due to its limited supply, and its value is always increasing. Bitcoin is decentralized so it can be the safest place to store wealth because we don't need to depend on third parties and finally, bitcoin can be used as a peer-to-peer currency...It can be seen that it is a unique multi-functional asset in the world and how we use it depends on each person's purpose.

You can view bitcoin as a financial game to make a profit because that's your right, but that doesn't mean others can't use bitcoin for other use cases. In addition, it would be a pity to ignore the great uses that bitcoin brings, because no one prohibits and forces us to only use one of the many use cases of bitcoin. Personally, I would make the most of bitcoin.

[Poker Player]

"Game" is a word from the Anglo-Saxon world that in other languages should not be used when translating, but the literal equivalent is increasingly used.

Assuming that it is a game in the Anglo-Saxon sense, what we have to do is to win in the game, or at least not to lose, and for this there are a series of basic rules to follow, which are usually common to the purchase of financial assets.

But apart from the game, we would have to see what will remain of that initial dream of being a means of exchange to avoid the public authorities and central banks, which unfortunately I believe is increasingly far from becoming a reality.

[Psalms23]

Okay, Bitcoin is unique and complex, but at its core, it's still money like cash or gold. Its wild price swings are super exciting and constantly mess with our heads. That's why I think of Bitcoin as a financial game—it's always changing, always surprising.

[348Judah]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."

But it's a pity that many are not accepting this as the truth, bitcoin is a digital currency, i means to holding financial asset for an investment which is profitable, governments know about this but pretends as if they don't because they can let anything overtake their power from them on regulations.

Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

If we know and understand the way bitcoin market volatility runs, we are going to be successful in the market because its draws financial income to us after making an investment as long as we set a right track on it, hold and still make use of bitcoin in every specific area of interest for your profitability.

Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.

For everyone in charge of the game, will always be on top of the game.

[DiMarxist]

In playing game you lose whether you have luck or not because it is not possible foe one to win a game at all time. But in bitcoin if are patient enough to wait for the long term investment then you won't lose and instead you win. And all you need to do in the investment of bitcoin is patient. And the risk only comes when you can't wait to see the new bull run or All Time High and sell your coins along the line. The risk is there foe impatient investors and not for the well knowledgeable investors.
I don't like comparing bitcoin investment with game or gambling. Though life itself is a gamble but the context used are different.

[alexeyneu]

and it's finally time to lose for all these investors. Never mind how long they will wait now

[Jegileman]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."
Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.

Bitcoin was not created to be viewed as this in the first place. It was later that it can be used to play with stuffs like your mindset, buying low and selling high that it began to be viewed as a financial game. When you’ve been able to understand where the direction of the market is going, you can now hop in the direction that will favour you and once it begins to create that kind of psychological view in people’s mind, it becomes more like a game. I won’t argue with this your viewpoint as there is a lot of sense in it and only with this we have seen massive adoption and use of it today. It creates room to learn more and have knowledge about what you’re going to invest in unlike other assets that are basically base on your choice without much research about them.

[serjent05]

and it's finally time to lose for all these investors. Never mind how long they will wait now

It looks like this current Bitcoin dip greatly affected you.  Don't worry Bitcoin has a great ability to recover.  Players of this game won't let the game crash and die since this is the best source of money for them.  Someone will eventually pull the trigger for Bitcoin to start rallying just like the previous bull runs that break ATH and record new highs.

In playing game you lose whether you have luck or not because it is not possible foe one to win a game at all time. But in bitcoin if are patient enough to wait for the long term investment then you won't lose and instead you win. And all you need to do in the investment of bitcoin is patient. And the risk only comes when you can't wait to see the new bull run or All Time High and sell your coins along the line. The risk is there foe impatient investors and not for the well knowledgeable investors.

I highly agree, those who have the resources to hold long enough are surely the winner of this game.  The one who gives up is the failure while those who keep to hold and wait for the price to hit their target price is the one who is rewarded.

I don't like comparing bitcoin investment with game or gambling. Though life itself is a gamble but the context used are different.

Bitcoin investment has its risks and the Bitcoin market movement is defined by the strategy of traders so for some people, this market looks like a game for them to conquer.

[petermaier2024]

Guys, the problem is that especially in 2024 the market of Bitcoin is staying extremely unstable. Having reached all-time-highs at the end of 2021, the cryptocurrency market experienced several corrections then. I also thinking about investing into Bitcoin BUT the question is: passive vs. active income. The same money i could invest into active business, like a supermarket in a sunny country like spain and the rendite will be maybe much higher, its a headache topic. What do you think, and what do you think about investing in Gold instead of Bitcoin?

peace

https://nj-sanitaerdienst.de

[Gladitorcomeback]

I don't know if we can call it a game or not but one thing is for sure, it does give you a sort of a feeling like you are in a game where you need to take certain steps, complete specific tasks, and increase your chances of getting more points, the points are your profit, of course.

If we consider it a game, then people getting involved in it need to understand that you can't play a game efficiently if you don't know or understand the gameplay and the levels. You start from the basic, which is generally easier, but as you move ahead, there tends to be harder levels that you need to clear.

So it's essential for players to have enough knowledge and understanding of the game before they get involved to avoid having the word "Game Over" appear on their screens.

[m2017]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."

I completely disagree.

Before determining the status of an asset such as bitcoin, it is necessary to find out in what proportion this asset is used. I tend to think that bitcoin is used more as an investment tool rather than money. If anyone has statistical data, they can add this to my post. Personally, I can assume that an indicator of using bitcoin as an investment instrument is its high cost. That is, if used as money, supply and demand would be approximately equal, and bitcoin would not cost ~$60-70k. But due to the fact that demand exceeds (invested money), bitcoin becomes more expensive. Also, multi-million dollar investments from institutional investors are confirmation of my words. In other words, most of the bitcoin is hold as an investment and only a small part is used as money (how many shops and individual sellers accept it as a means of payment?). Based on this, I say that bitcoin is not money, but an investment asset.

Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

What is our life? - a game! You have the right to call it whatever you want.

Some even compare investing in cryptocurrencies to gambling. Frankly, there is something similar in this.

[Jating]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."
Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

You can treat it that way, money, speculative asset like stocks, hedge against financial crisis, Store of Value, there are a lot of definition of Bitcoin, it just depends on how we look at it our how we going to used it.

Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.

Just to let you know though, that everything is life is a game, so in order to survived, you have to play and be smart. So like in Bitcoin market, it's complex as you have said and volatile, but if you know how to play the game and be that smart, take advantage of every situation given to you, like if the market goes down, then buy and accumulate, and then wait for it to go up and sell and make profits. Sounds very simple, but it takes mental toughness to go with it and win in the end.

[Felicity_Tide]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."
Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.

It's quite interesting to see how you've been able to pass a vast information just with little lines. The entire game ideology makes this very interesting, just like the Jumanji game where you try to survive. Volatility leading to upward and downward price movements has a big say in who makes profit and who makes lose in regards to how the rules are been followed. Following the rules teaches you the basics to surviving and not incurring heavy losses from the market's volatility.

[PrivacyG]

I suppose you can treat many things in life from multiple perspectives.  Bitcoin can be treated as Money, Investment, Pension Fund, Safe Haven, Decentralized Banking and many other ways.  Each of us treats it how we wish after all.  So if you want to treat it as a 'Financial Game', do so.  Since Bitcoin has value, of course there will be influences, rules to follow et cetera.  And the more value it has, the more influence will be attempted and thrown at.

What is most important is that you choose to treat it the best way it suits you.  It can be even a multitude of what I described above.  I use Bitcoin as Money just as much as I use it to have access to Decentralized Banking.  But in my eyes it is also a Safe Haven one way or another and I see how it can be a Financial Game too.

If you choose it to be a Financial Game though.  This means you probably care more about the value it brings to you than you care about Decentralization and Freedom it offers.

[Darker45]

This seems to be a case of downgrading Bitcoin. Bitcoin isn't a mere financial game. You may use that reference to Wall Street and their products and whatever they do there, but it probably isn't the case with Bitcoin. In the first place, Bitcoin itself isn't volatile. It's the fiat value that is attached to Bitcoin that is volatile. Bitcoin isn't its price.

If we talk of Bitcoin strictly, it's far from volatile. Its protocol isn't unpredictable. Its rules don't suddenly change every now and then. You may, however, use this reference to fiat.

[davis196]

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."
Secondly, the price volatility of Bitcoin is highly enticing; it constantly alters our psychology, which is why I refer to Bitcoin as a financial game.

Be mindful: if it's a game, there are rules to follow, risks involved, and winners and losers. Before you engage, research investment strategies, media influence, key influencers, benefits, risks, etc. Take charge of the game; don't let it control you.

Everything in life is a game(or maybe life is a game). You have to follow the rules, have a strategy/plan in place, constantly improve your skills, find partners, use different tips and tricks, etc. Trading on the financial markets is no different than any other activity.
I don't think that Bitcoin's price volatility "alters our psychology". You just get used to it after a while. When I was a crypto noob, I was always obsessed with the BTC price and I freaked out when there was a big price drop. Things are different now and I don't care that much about the price volatility of Bitcoin.

[OgNasty]

Game Theory is real. Didn’t Michael Saylor just refer to Bitcoin as a game where whoever gets the most wins? While I don’t advise anyone to live their life this way, there is certainly no shortage of people who view their net worth as their score for the game of life. I think you should probably take your finances more seriously, but to each their own.

[Plaguedeath]

If you treat Bitcoin is a financial game, then any assets is actually a financial game too.

There are times Bitcoin rise higher than other assets, there are times other asset rise when Bitcoin dump, there are times other asset perform better than Bitcoin in terms of price.

The game is, predict the peak and bottom of all assets in the future, so you can win the game by buy at the bottom and sell at the peak.