Post
Topic
Board Bitcoin Discussion
Re: Can you stop calling Bitcoin an investment?
by
LeGaulois
on 29/07/2018, 14:07:00 UTC
Bitcoin was used as a digital currency since from the start. But this become a failure because there's a problem regarding on mass adoption and government acceptance due to its features. But still bitcoin had achieved an increasing value when some other countries are starting to use it as a mode of payment for commodities, services and some converted it to fiats. Due to its high market value, bitcoin was already considered as an investment and asset. They used as an investment because bitcoin has a huge increase of value every year. Big investors come and buy a lot of bitcoins in the market for the profit they can get from it. Bitcoin with its features made itself as an investment nowadays. And we have nothing to do when crypto community already call bitcoin as an investment.

How Is Bitcoin a failure? It's a success (at what level is another thing) We don't need to get the governments accepting Bitcoin. It's supposed to be free from them. You won't see the police visiting you at home to see if you downloaded a Bitcoin wallet and checking it to see if it has an activity.
You're yourself telling it: "some other countries are starting to use it as a mode of payment"


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

It's not the truth. It's not because you see thousands of people spamming the forum to earn some bucks that it means everyone is here for profits. There are a lot of true Bitcoiners, and you can't consider only the forum, not every crypto enthusiast is a member of BitcoinTalk.