There is some kind of input how bitcoin is start (offer). Is bitcoin is depends on how much we 'invest' so we get different 'amount' in return?

closed as unclear what you're asking by quid, Hart CO, Chris W. Rea, Grade 'Eh' Bacon, D Stanley Jun 21 '17 at 18:23


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    It's unclear what you are asking here. Can you rephrase the question? – CactusCake Jun 21 '17 at 16:55
  • I'm voting to close this question as off-topic because questions about Bitcoin (or other crypto-currencies) that have no bearing on personal finance are off-topic. There is a separate bitcoin.stackexchange.com. – Chris W. Rea Jun 21 '17 at 16:58
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    @ChrisW.Rea the bitcoin stackexchange is a technical site, personal finance sites' perpetual allergy to cryptocurrency is kind of old now – CQM Jun 21 '17 at 17:10
  • @CQM Noted. Yet, the minimum increment for Bitcoin is a technical question, IMHO. (If that is what the question is asking about; can't tell.) – Chris W. Rea Jun 21 '17 at 19:24
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    @ChrisW.Rea, I disagree. That's like saying the minimum increment of a dollar is a technical question and unanswerable here. (though this question is clearly vague) – quid Jun 21 '17 at 19:48

I have a feeling you're asking about the flurry of Initial Coin Offerings (ICOs) that have been taking place. Stay FAR far far far far away from these. Ethereum (ETH)(not bitcoin) has a contract function and these ridiculous "startup" coins are taking advantage of that function to issue "tokens" for their project. Some of these projects are as ridiculous as storing medical records in a blockchain. These ICOs are very lucrative for the developers and a waste of time money and energy for everyone else. They are billed as investments though you get no ownership or control over the operation and some even "guarantee" interest payments. These all are likely to fail in the next few to several months as the interest wanes and fools stop showing up to hand over money.

There are a number of outlets that will sell you bitcoin if you feel inclined to own some. Stay away from all the garbage "investment" schemes that use bitcoin or other crypto.

  • storing medical records in a blockchain is one of the most obvious uses for a blockchain though, although there is plenty to criticize about the proposed execution – CQM Jun 21 '17 at 21:29
  • @CQM, I disagree. – quid Jun 21 '17 at 21:34
  • it would just be the hashes of that kind of document not necessarily the actual record, just one attempt at a central database and standardized format – CQM Jun 21 '17 at 21:37
  • I understand why people think it's a fine idea, I don't agree that it's practical at all and think "investing" in a non-equity, non-controlling, nonsensical unproven or non-existent use case is little more than outright robbery. – quid Jun 21 '17 at 22:16
  • its no different than a venue selling tickets to gain access to the concert and using the proceeds for higher production value. typically the tokens in ICOs are supposed to have some a within the system being created. I'm not giving rebuttals to your criticisms, they're still there: lofty valuations, lack of investor protections, but some of your talking points are off – CQM Jun 21 '17 at 22:18

If you own any amount of bitcoin as an investment, then you will keep that same amount of bitcoin and hope to sell it at a higher price. if you use bitcoin in this way then it is analogous to stocks. bitcoin is not intended to be used in this way, but historically that has been very profitable.
