Do you save bitcoin for fun or for future purpose? - page 163.

richardsNY

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Quote from: Flodemaga on March 14, 2017, 10:05:42 AM

Considering that 1 bitcoin is worth 1200 dollars i really doubt anyone would save for fun thise value, its very hard to save any ammount of bitcoin with soo many opportunities to invest and promotions being made at some websites.

It all depends on how deep your pockets are. In some cases 10 BTC currently worth $12.470 is play/fun/pocket money for certain people, while for another person even 0.10 BTC currently worth $124 is a serious amount of money. Different people means different levels of wealth. But in greater lines I do agree that investing isn't something you do for fun. It's a serious practice as the risks should not be underestimated.

Pettuh4

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Quote from: Nekutasa on March 14, 2017, 08:24:47 AM

Currently I'm not saving any but back in the day I tried it and saved a bunch of coins for a few months and profited a crazy amount of money, before cashing out! I would probably do the same in the future!

Well the future is now, better buy some down again and don't wait until it skyrockets to $10k before you start being rueful for selling them or for not buying earlier.

darkangel11

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Don't let others control your BTC -> self custody

At the moment I'm saving for fun. I like to try new things and bitcoin is one of those things. I have my money froze in some properties and thought putting it in a virtual currency that grows a couple percent a year was a good move. Eventually I'd like to do something crazy in life like selling everything and taking a trip around the world on a boat, we'll see.

Flodemaga

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Considering that 1 bitcoin is worth 1200 dollars i really doubt anyone would save for fun thise value, its very hard to save any ammount of bitcoin with soo many opportunities to invest and promotions being made at some websites.

micher143

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Quote from: emezh10 on March 14, 2017, 07:32:49 AM

Quote from: chaser15 on March 07, 2017, 02:36:59 PM

Quote from: canah17 on March 07, 2017, 11:10:38 AM

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

Im saving bitcoin for the purpose of maximizing my financial status. The use of it may be on primary or secondary use which also include the miscellaneous things. Right now since I have my day job, it's really a wiser way for me to just saved my bitcoin and use my fiat earnings to take care of my regular spendings.

And since Im looking forward in bitcoin by long term purposes, it's really making sense if I will just use my bitcoin whenever I needed it.

Quote from: avikz on March 07, 2017, 05:02:54 PM

I prefer saving bitcoin just like you and the main purpose behind my saving is for the future. I am positive about bitcoin and I am sure bitcoin price will be sky high within the next 5 years. It may go up to a certain level which we are not able to think today. So with this hope, I am saving bitcoin and not investing it anywhere apart from trading.

I have a dream of buying something luxurious for myself and family in future and I am sure that my bitcoin savings will definitely help me to reach that dream and make it a reality. I will continue earning bitcoin for another 5 years and then I will sell that to for fiat currency to fulfill my dream for good.

Quote from: chaser15 on March 07, 2017, 02:36:59 PM

Quote from: canah17 on March 07, 2017, 11:10:38 AM

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

Im saving bitcoin for the purpose of maximizing my financial status. The use of it may be on primary or secondary use which also include the miscellaneous things. Right now since I have my day job, it's really a wiser way for me to just saved my bitcoin and use my fiat earnings to take care of my regular spendings.

And since Im looking forward in bitcoin by long term purposes, it's really making sense if I will just use my bitcoin whenever I needed it.

I save bitcoin for future. Especially for my own needs in the future and so that I can help with my parent's in the future. I could start a job and use the earnings to help for my family and sometimes I can use it to buy some things I want. And I can use it to invest in some investment so that even I use it, it will earn and it will not be lost and be good.

I save bitcoin for my future purpose so that when I'm on my times of being short I able to get some to my savings in able to sustain my everyday need and especially my family in the future. I also want to help to my parent's ij the future in giving back the favor of helping me when I was a child.

Kimi80

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Except little gambling, and learning trading I don`t have expenses, majority of my income is kept in safe wallet. I don`t know do I save for future, or until I come to some amount enough big for some serious investments ( by that I mean $1000 + ). I watch how people here try to make more bitcoins with their investments, and I would like to achieve that.

Siftanfib

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I save my bitcoins for future purpose and sometimes i use them for fun when i'm bored.
I believe in bitcoins and also that it will replace paper money in the future.

Zadicar

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DGbet.fun - Crypto Sportsbook

Quote from: Bibite on March 14, 2017, 09:24:12 AM

I don't really save bitcoin for future. I am a spender and the same apply with fiat, i don't save. I consider what i earn with bitcoin extra "money" that i can use to buy extra things that i can not buy with my regular job

Well its good that with bitcoin you could able to buy extra thing that you cant do in the money with your regular job and its nice to hear this thing but considering the appreciation value of bitcoin in longer runs if i were you better to sacrifice on saving it rather than on actively spending it because for sure it would pays you off for your patience and sacrifices on saving it.

FasTroy

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Quote from: Nekutasa on March 14, 2017, 08:24:47 AM

Currently I'm not saving any but back in the day I tried it and saved a bunch of coins for a few months and profited a crazy amount of money, before cashing out! I would probably do the same in the future!

Yes, I encourage you, To save a huge amount of bitcoin. And not just cashout it when the price increase a bit high. You can cash out a part of them, but it's nice when you save a half of you money in bitcoin. because I think that bitcoin price increase more in the end of this year, In general in the future.

Bibite

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I don't really save bitcoin for future. I am a spender and the same apply with fiat, i don't save. I consider what i earn with bitcoin extra "money" that i can use to buy extra things that i can not buy with my regular job

Nekutasa

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Currently I'm not saving any but back in the day I tried it and saved a bunch of coins for a few months and profited a crazy amount of money, before cashing out! I would probably do the same in the future!

TheGodFather

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Quote from: canah17 on March 07, 2017, 11:10:38 AM

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

Im saving my bitcoin for both fun and for future use. Because im using my Bitcoin for buying my game cards as well as buying my things online. Im also transferring my bitcoin to my friends and to my brothers and sisters as well. Im also saving my bitcoin into future use and for future earnings as well.

EdenHazard

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Quote from: roadbits on March 08, 2017, 01:01:56 PM

Quote from: EdenHazard on March 08, 2017, 12:15:16 PM

Quote from: eternalgloom on March 08, 2017, 11:00:27 AM

I save it for future purpose, but also to spend some in online stores that accept Bitcoin.
Most of us probably save it because we see it as a good investment and there's nothing wrong with that.

nowadays maybe people start thinking about future investment as they have seen how the bitcoin price move up so fast more than any other currency even stocks. bitcoin has reached the highest price , and people feel full optimistics .

i just doubt if in the next few months bitcoin price dropped , will they keep being optimistic?

Why next few months you need already the bitcoin price is dropping slowly. Today price is 1183$. Don't know where it will end on this weekend. I think again it will go back below 1100$. I am not sure, but it's my prediction. I don't know the exact reason why it's falling. But for long time investment is not safe. It may reach your expectation, or it may spoil your dream anything can happen.

it is happened already i think , when the bitcoin price around $500 - $600 and then dropped to half of it $250-$300 , and people start on panic selling , not all but that time the situation really uncontrollable, worst and people even start yelling bitcoin gonna turn scam.

i just want to say , if you have a plan to invest for long time then stick on it , don't be bothered with any issue.

emezh10

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Quote from: chaser15 on March 07, 2017, 02:36:59 PM

Quote from: canah17 on March 07, 2017, 11:10:38 AM

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

Im saving bitcoin for the purpose of maximizing my financial status. The use of it may be on primary or secondary use which also include the miscellaneous things. Right now since I have my day job, it's really a wiser way for me to just saved my bitcoin and use my fiat earnings to take care of my regular spendings.

And since Im looking forward in bitcoin by long term purposes, it's really making sense if I will just use my bitcoin whenever I needed it.

Quote from: avikz on March 07, 2017, 05:02:54 PM

I prefer saving bitcoin just like you and the main purpose behind my saving is for the future. I am positive about bitcoin and I am sure bitcoin price will be sky high within the next 5 years. It may go up to a certain level which we are not able to think today. So with this hope, I am saving bitcoin and not investing it anywhere apart from trading.

I have a dream of buying something luxurious for myself and family in future and I am sure that my bitcoin savings will definitely help me to reach that dream and make it a reality. I will continue earning bitcoin for another 5 years and then I will sell that to for fiat currency to fulfill my dream for good.

Quote from: chaser15 on March 07, 2017, 02:36:59 PM

Quote from: canah17 on March 07, 2017, 11:10:38 AM

I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.

Im saving bitcoin for the purpose of maximizing my financial status. The use of it may be on primary or secondary use which also include the miscellaneous things. Right now since I have my day job, it's really a wiser way for me to just saved my bitcoin and use my fiat earnings to take care of my regular spendings.

And since Im looking forward in bitcoin by long term purposes, it's really making sense if I will just use my bitcoin whenever I needed it.

I save bitcoin for future. Especially for my own needs in the future and so that I can help with my parent's in the future. I could start a job and use the earnings to help for my family and sometimes I can use it to buy some things I want. And I can use it to invest in some investment so that even I use it, it will earn and it will not be lost and be good.

Dudeperfect

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Quote from: kingstarblack on March 14, 2017, 02:25:54 AM

Quote from: Dudeperfect on March 13, 2017, 12:13:31 PM

I have my cold storage but to be honest, I am not saving any in it at this moment but that does not mean that I am using bitcoin for fun purpose. It is a currency to deal with the goods and services so I see it as a medium of exchange rather than a commodity or investment opportunity.

You do something good enough. Because basically the bitcoin is a digital currency that gives an advantage to those who can do the work diligently in the bitcoin, so that later they will get bitcoin and also profit. Investing is a pretty good way to do in bitcoin, because basically the bitcoin has unstable prices and it becomes an opportunity for those who want to work harder to earn huge profits

Being a domain name reseller, I was using PayPal to accept payments for my sales but it was like paying the excessive amount for currency conversions and unnecessary fees. I live in a country where PayPal has serious restrictions so we can just receive the payments and any penny received is forcefully withdrawn in the associated bank account.

I am saving not only money but also time after starting bitcoin payments. I am in profit in that case.

kingstarblack

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Quote from: Dudeperfect on March 13, 2017, 12:13:31 PM

I have my cold storage but to be honest, I am not saving any in it at this moment but that does not mean that I am using bitcoin for fun purpose. It is a currency to deal with the goods and services so I see it as a medium of exchange rather than a commodity or investment opportunity.

You do something good enough. Because basically the bitcoin is a digital currency that gives an advantage to those who can do the work diligently in the bitcoin, so that later they will get bitcoin and also profit. Investing is a pretty good way to do in bitcoin, because basically the bitcoin has unstable prices and it becomes an opportunity for those who want to work harder to earn huge profits

Kollor

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It depends on you. On how serious you are in collecting bitcoin and what's your goal. If your goal is just to be rich right now and only for your self, you can call it for fun and after a few years sell it and travel wherever you want to go.

But if you are serious and your goal is to go long way, then keep it, wait til you retire and decide whether you are going to keep it and have a business because of it or sell it.

BeGoods

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Quote from: Dudeperfect on March 13, 2017, 12:13:31 PM

I have my cold storage but to be honest, I am not saving any in it at this moment but that does not mean that I am using bitcoin for fun purpose. It is a currency to deal with the goods and services so I see it as a medium of exchange rather than a commodity or investment opportunity.

I think it started a lot of people using bitcoin to currency or their payment options. The good news that more and more people using bitcoin to it then bitcoin will be more famous and certainly the impact will be the more merchants will use bitcoin as payment options

RedX

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For fun?... I think majority of the people that use bitcoin are for future purpose just like me. If some people do it just for fun maybe they just have more money so they wouldnt bother getting serious on bitcoin.

vnvizow

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Back in 2013 I use to hold coins from faucets for fun, but after those tiny bits started to be worth something I started saving for future purpose

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