Topic: Do you actually use Bitcoin? (Read 1251 times)
yes,i am actually use many time is the bitcoin.I have verified this by working on Bitcoin for almost a year. Bitcoin is a good medium for us, through which we can earn a lot of money.
I use bitcoin for trading and nothing more! Paying method are just use to pay friends debt but not on the establishment. We all know that BTC is not widely used for payment because of almost all establishment is not accepting it. The main reason I think why they are not acceptable because of btc nature of volatility.
almost all people use bitcoin for trading, because now trading using bitcoin is still good. but maybe if only limited to trading it would be boring might be used to buy or shop for the use of bitcoin can penetrate many things.
I use bitcoin for trading and nothing more! Paying method are just use to pay friends debt but not on the establishment. We all know that BTC is not widely used for payment because of almost all establishment is not accepting it. The main reason I think why they are not acceptable because of btc nature of volatility.
I use Bitcoin to hold the price down and Altcoin to trade as well as exchange with other coin.
Unfortunately i can't actually use Bitcoin or any other crypto currency at full capacity. There is no place i can use as a payment tool in my country, i can only use it for investment purposes and for trade purposes.
In our country we can use bitcoin through exchange it to fiat. Sometimes there are instances to pay our bills through crypto becausethere are stores that accepts bitcoin and some cryptos. I think in the future it will be use nation wide.
If you mean bitcoin as payment, then I do not use it because my country has not legalized it yet, I need to redeem it to a form recognized here. I am more dominant to use it to invest, and take it when needed.
Bitcoin is more advantageous if used as an investment tool.
Bitcoin is more advantageous if used as an investment tool.
As I observed, bitcoin is not use as currency. Most of the members here are just using bitcoin as type of their invesment.
As an exchange to their original currency.
As an exchange to their original currency.
What you say is not entirely correct. As far as I know some people still use bitcoin as their primary means of payment. like buying goods online or buying real estate and much more
I use my Bitcoins to patronize a lot of goods and services especially in purchasing groceries in a supermarket in my neighbourhood. It is quite unfortunate a lot of Bitcoin enthusiasts today have shifted the paradigm to Bitcoin investment where investors prefer to buy BTC at low prices and sell during its surge.
I don't see anything wrong with people just storing bitcoin while the Lightning Network gets developed. I use bitcoin primarily as a store of value at this point, simply accumulating it while it's relatively cheap. I also use it to buy altcoins through exchanges.
I only use bitcoin for investments and altcoin trading transactions, the rest I never use for anything else, like shopping online or playing games.
yes bitcoin is here primarily
I use bitcoin just as an investment tool and commodity. So, just like trading in general, have a season, sometimes crowded and sometimes quiet. That does not mean I am only enthusiastic if the market is crowded, when lonely I always monitor market developments and sometimes add some assets. I am just a Nemo fish, keeping the funds is important.
It is true, that most people use altcoin more. and for some people who use bitcoin, they do not actually use it as a means of payment because the main purpose of bitcoin is made. but they use it as an investment asset. so practically, bitcoin is slightly away from the main purpose as an online transaction payment tool. Thanks
I use bitcoin regularly when I want to send money to anyone outside the country I'm in. I let my friends create bitcoin wallet addresses where we can have transactons done with absolutely minimal charges. There have been times we had profits and loses,but the loses are quite neglible. There is no better way of doing transactions than with bitcoin.
i often use bitcoin just to cash out to fiat
but sometimes i use bitcoin to extend my VPN subcription if expired
Yes I mostly used it as a fiat, because bitcoin has its own limitation of its usage. Only few company was accepting bitcoin. Sometimes I used it when in paying to my friends because they are also using bitcoin. But since not all the people was using bitcoin I must convert it first to used all of my bitcoin and altcoins. but sometimes i use bitcoin to extend my VPN subcription if expired
As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
What you are stating is valid. The vast majority are simply holding it for better cost and dump them. Numerous crypto sweethearts don't utilize the advanced money minus all potential limitations of its capacities. What we do now is to purchase, hold for some of the time, and offer it when the value rises very considerable. I think it's about time that we utilize the cash minus all potential limitations by utilizing it in our day by day exchange on the web and I accept by so doing the estimation of the money would be kept up.
Basically all bitcoin users expect the same thing whether as an asset to trade, investment assets or as a means of payment but what we expect has been broken by the legal situation in our country which eventually changed the bitcoin functionality of its original purpose.
As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
The moment you come unto this trend may possibly imply that you are a bitcoin user simply because it is all about bitcoin discussiom and why bother tp get into something you didn't know? (Curiosity will do). Anyways, we are all aware about the pros about bitcoin and this could possibly encourage us to use it.
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