Do you actually use Bitcoin? - page 15.

Captainhoook01

newbie

Activity: 33

Merit: 0

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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.

I am currently use bitcoin into trading investment only because in our country no establishment that accept payment using bitcoin.

bolbau

full member

Activity: 574

Merit: 102

this problem has not found a bright spot, bitcoin has not even touched the age of 10 years obviously we can not expect that crypto will be accepted as a means of payment everyday. I think most users (including myself) want to use bitcoin for other functions, not just digital investment assets, but the reality is very difficult. as in my country, for now the government firmly still prohibits crypto as a means of payment, and may only be used as a digital asset investment. enjoy this process, I am sure crypto will slowly begin to be accepted by the public

Slash61

member

Activity: 633

Merit: 14

I use it now as it should not be called to buy things I like, just to have it no more than that, so I just keep it for nothing else, passive income can only be done in trade, the adoption rate in my country is huge they collect and hold because they believe prices will go up, but besides that many people have been throwing away and throwing away, no problem but just things like that Bitcoin is becoming more developed?

anil_saini01

newbie

Activity: 98

Merit: 0

Till now I have used bitcoin only for investment purposes but would like to use it practically.

SilverChromia

member

Activity: 357

Merit: 10

Yes i do actually use bitcoins in some things that can help my everyday living to be in good way usually i use this bitcoins to pay sometimes what do i need to repair in my devices because in my country there are stores here who actually accepting bitcoin as a payment and thats what i like it very much because i dont need to convert or trade my bitcoin or any other coin just to pay what do i need and it is hassle free and also the same thing when i buy sometimes food thats why bitcoin for me is very convinient for a lot of people to use.

liamnorthcoins

newbie

Activity: 211

Merit: 0

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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.

Yes I always do now most of the time i converted in to my coins. ph and the convertion i pay to my bills payments such as electric, communication and so many others

Walter789

newbie

Activity: 210

Merit: 0

Altcoins are much useable than bitcoin, This was happened because almost of the crypto enthusiast are choosing altcoins since small crypto traders are one of the highest population in cryptocurrency world. So in that instances people should get their profits by joining in bounties and ICO's that's why they also choose to trade tokens into other higher coin in market. But it doesn't mean that bitcoin can never been used because bitcoin is the popular crypto around the world

ejswift

member

Activity: 253

Merit: 10

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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.

no i dont actually use bitcoin right now because i dont have any bitcoin as of now so im still waiting from thw last bounty project i joined

pathapoddo

full member

Activity: 448

Merit: 100

CRYPTOCITIZEN $CCASH

No, we don't use Bitcoin. Because it is not available in our country. It is banned in our country. For that we transfer it in dollar than transfer it in our national currency.

12tribes

member

Activity: 378

Merit: 11

I actually thought that using the bitcoin would be very difficult to use as there was much mystery around it when i first ventured into the bitcoin business. The bitcoin has certainly transformed and changed my perception about the way I see crypto. It has helped to broaden my horizon about the uses of the internet and help me prioritize my values

Dudeperfect

hero member

Activity: 1190

Merit: 534

Well, I am definitely using Bitcoin for my business transactions as it is most beneficial for me as my clients are from foreign countries. I have observed significant improvement in the cash flow without doing any major changes in the financial structure. However, I don't have even a single merchant in my city accepting Bitcoin as a payment method as of now so I am not able to use it on my personal level.

rawr1620

newbie

Activity: 91

Merit: 0

Yes i actually do use bitcoin. Although i exchange it for fiat money i do still use it. To be able to help my everyday needs and essentials in my life.

iamMhew

full member

Activity: 688

Merit: 101

Quote from: fargoway on July 10, 2018, 06:31:33 AM

1) People are mostly not using the Bitcoin (altcoins as well);

most of people who held bitcoin are really not using bitcoin, they hodl it until they achieve the goals that they settled up.
people use alt-coins for day trading and not to spend on some stuff to earn profits each day.

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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;

because not all people are willing to study how crypto works, some of them has a negative mind about crypto-currency adding by some FUDs in each countries, so people scared to lose money on the project that they really never know.

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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.

its depend on the people, when they want to hold or trade, because hold and trade are both risky but in a different ways.

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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 group of people you mentioning are those stakes holders (whales), a really HOLDING a HUGE amount of coins to prevent the full down of the projects. and manipulating the markets as well.

paulo013

member

Activity: 195

Merit: 10

Yes i am. Because of bitcoin i buy some of my need altcoins like btc to altcoin for example and also bitcoin is the easiest payment method for me.

ratatat bangbang

jr. member

Activity: 308

Merit: 1

Quote from: xamxam on July 10, 2018, 09:42:59 AM

Yes, i am a user of bitcoin, but I hold my bitcoin as long as I can, and I just sell some of them in the important matters only. I believe that this will have a surprise for those bitcoin holder someday and i just hold what is positive feedback of those who support and believe on the bitcoin too.

The same here, I am using bitcoin though not that high amount but still I prefer to hold it because of unpredictable value of bitcoin. I am still hoping that it will increase more in order for me to gain double of the amount I invested.

chillitabit

newbie

Activity: 196

Merit: 0

Quote from: tegarp90 on July 10, 2018, 09:34:34 AM

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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.

Not yet, i'm using bitcoin as an investment and trading right now because there are not much service or thing that i can buy with bitcoin.
Bitcoin is in development until one day bitcoin will be a global payment i'm sure.

bitcoin is a ready product, there is no reason not to use it for transactions. But it's true that it's not easy to find places where to spend it, it doesn't make much sense to looking up the things to buy with btc to spend it. It should be the other way around

xamxam

full member

Activity: 409

Merit: 100

Yes, i am a user of bitcoin, but I hold my bitcoin as long as I can, and I just sell some of them in the important matters only. I believe that this will have a surprise for those bitcoin holder someday and i just hold what is positive feedback of those who support and believe on the bitcoin too.

tegarp90

full member

Activity: 546

Merit: 100

Quote from: fargoway on July 10, 2018, 06:31:33 AM

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.

Not yet, i'm using bitcoin as an investment and trading right now because there are not much service or thing that i can buy with bitcoin.
Bitcoin is in development until one day bitcoin will be a global payment i'm sure.

coinxwife

newbie

Activity: 167

Merit: 0

Nope for now because im a new at this crypto world,but then if further more i will gladly use my bitcoins for some reasons either buying,paying or selling as long as its reasonable cause.,because here in my country i would gladly say that bitcoin now is very much appreciated.

fargoway

newbie

Activity: 164

Merit: 0

Quote from: monkeydominicorobin on July 10, 2018, 08:52:37 AM

They are trading but they are not using Bitcoin's functionality? Are you listening to what you are saying? Trading Bitcoins is best way to prove that Bitcoin is being used for its functionality. Bitcoin allows them to trade 24 hours straight which is also a functionality of Bitcoin. Bitcoin allows them to earn even on legal holidays since there is no holiday when it comes to Bitcoin which is also its functionality. The functionality which states that there is no central authority. Nobody can dictate that Bitcoin should be closed for a day. Nobody not even your ignorance can stop the functionalities of Bitcoin. No matter how you badmouth Bitcoin you can never stop its functionalities.

I am okay with buying and selling Bitcoin. But does it make a lot of sense to you to simply trade with currencies? like you can sell your dollars for euros and buy it back and get a profit on rate difference. It's all good, but it is not how this works. It is impossible to make money out of money without really working business in this chain and if you don't spend bitcoins to buy goods or pay for services - someone else has to do it. Otherwise, the value of Bitcoin or any other coin will be not more than 0.

Topic: Do you actually use Bitcoin? - page 15. (Read 1251 times)