Do you actually use Bitcoin? - page 16.

Maiscoinyelo

member

Activity: 175

Merit: 30

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 always use bitcoin and I use it to pay bills. It is more easier to pay bills with the use of bitcoin rather than the traditional paying system. I also use bitcoin to buy things I want to buy and spend it. But I felt laziness in buying again.

putinsfoot

newbie

Activity: 1

Merit: 0

I've personally used it for a few times but every time I feel sorry for spending it and lazy for rebuying it :/

bryant.coleman

legendary

Activity: 3766

Merit: 1217

I have purchased stuff (100% legal) with Bitcoin, I have traded using BTC and I am holding a good amount of coins in my wallets. On top of that, I have also used the Bitcoin wallet signatures to verify my transactions. So I am someone who has used Bitcoin for a wide range of functionalities.

saLve88

full member

Activity: 266

Merit: 103

Yeah I agree with your statement partially. Most people use bitcoin as a trading platform or as holders because they have no clear idea where they can use it in their real life. I mean actually there are very less places where we can use as a real currency because most companies/ shops/ websites doesn't accept crypto currency as a real currency. If we can implement a program to popularize bitcoin among business people crypto will hit the highest because its one of safest and also cheapest way to transfer money.

mmo_online_1981

sr. member

Activity: 798

Merit: 250

I have used bitcoin for altcoin buy and sell altcoin when want to get cash, in my country, bitcoin is not allowed to use as a payment method! A little bit sad
Shocked

BlackPanda

legendary

Activity: 1414

Merit: 1001

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 that most crypto owners are using it to make investments like trading. So that way is the thing that is the majority of choices for many people, crypto offers a lot of interesting things and when we do Trading then we have the opportunity to get huge profits. Opportunities that will be utilized by many users of crypto. If calculated then only a small part that uses crypto as a medium of financial transactions, what you say is true that the volume of financial transactions using crypto is still fairly small. This should be corrected because when we can use crypto in doing financial transactions then it will increase trust and automatically the price of crypto can rise up. So keep improving because only we all can make the future crypto getting better.

tubig123

newbie

Activity: 154

Merit: 0

For me I am a newly member never happened in my life I can use bitcoin actually but this is my dream someday I can use it on my own bitcoin im just hoping I earned many points to converted into a bitcoin.

budismile

jr. member

Activity: 293

Merit: 1

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.

What you say I think is true. if to see, still many countries that have not legalized Bitcoin, Bitcoin is definitely only used for long-term investment or short. if we are talks about Bitcoin to a country that has legalized, of course they use bitcoin as a transaction tool.

asus09

sr. member

Activity: 1344

Merit: 270

regardless of all the answers, bitcoins are created essentially a virtual currency. but bitcoin also has a value that is so fluctuating that it will be hard to set. because this is how bitcoin evolves from time to time to evolve into a very expensive piece of crypto assets. and for altcoin, to date I have not heard and seen innovation go according to its scenario.

monkeydominicorobin

full member

Activity: 294

Merit: 104

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

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.

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.

damrianto

full member

Activity: 336

Merit: 100

yes .. I am currently really using bitcoin as my investment place. because this is the best and the easiest in investing. although currently the price of bitcoin is dying but I still use bitcoin. and I will continue to look forward when the time comes to melt all the tokens that you have ... thank you.

bambazamba

sr. member

Activity: 348

Merit: 250

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.

This is totally correct . People are not actually and particularly using bitcoin because they don't have the authority to do so .
We all will use amazon gift cards and not money if we have them , but right now we dont have the option of using bitcoin at most of the places as direct payments or services.

Khalp1

newbie

Activity: 154

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 use Bitcoin by storing of value .and also I've been using bitcoin to pay a friend of mine for my share of some server capacity we use together. The thing to realize about bitcoin is that the bitcoin design and network of servers has proven to be very robust and reliable to this point.

Mofazzal840

newbie

Activity: 105

Merit: 0

Yeah,i am using bitcoin because I know bitcoin have a great future.I know that many persons use bitcoin because of safety transaction and easy way to use. That's why many people like to use bitcoin.Morever demand of bitcoin is increasing step by step quickly

allgetshigh

newbie

Activity: 224

Merit: 0

Bitcoin as gold and for use it in "real world" is useless. You do not go to the store for sausage with gold Cheesy

Therefore, many projects have a chance to get ahead of BTC and most likely it will be Ethereum in 2019 Wink

boyknightvn

newbie

Activity: 225

Merit: 0

Yes, you are right.
Bitcoin seems to be moving in a different direction. It is no longer a currency which is use to make online transactions, instead that, Bitcoin is being owned for long-term investment (holding) and trading. The cause of this problem is probably because everyone knows that investing in Bitcoin give our a huge profit, much higher than investing in real estate.
To me, I often use Altcoin to make my transactions, so why do not I use Bitcoin Huh

, because the cost for Bitcoin is too big so I use other altcoin like dogecoin to be faster and cheaper

JerryJam

member

Activity: 238

Merit: 11

I do not see any difference who uses bitcoin. Man or woman doesn't matter. The main thing is that people use it.And if a person has a sufficient amount of funds, he can invest in bitcoin.The other part he can use in everyday life if it is profitable for him.

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

I do. I actually pay for online stuff like vps, seedboxes, servers, etc. Whenever I need a graphic designer or a web developer I look for people accepting btc. I've even bought T-shirts using btc.

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

it won't bring you any money if you just will buy it and wait.

On the contrary, you can actually make some decent money if you just hold your btc (if I buy right now @6300, wait, and the sell @11k, I would've made some nice profits), that's one of the reasons why people don't want to use their btc.

Bugcoin5

newbie

Activity: 210

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.

Mostly as store of value or investment but some people use it as actually currency.

kauban2018

member

Activity: 271

Merit: 10

Up until now I still used and do hardwork in Bitcoin. I can share what I want to say through posting and answering different topic. I really earned in Bitcoim even how small it is but still I can call it as a blessing.

Topic: Do you actually use Bitcoin? - page 16. (Read 1251 times)