Do you use bitcoin as currency or investment? - page 11.

Satifan

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Quote from: Noctis Connor on September 17, 2016, 10:04:03 AM

Quote from: The Sceptical Chymist on September 16, 2016, 01:16:17 PM

It's heresy I know, but I think bitcoin sucks as a currency. I keep it as an investment and that's it. Everything I need to buy, I can get easier with fiat. No sense spending bitcoin.

How could you say that bitcoin sucks as currency ? i know we are using bitcoin as currency to invest right ? or to do gambling ? i don't understand why people says that bitcoin is nonsense and noting happen with that if we keep using it but for me bitcoin is everything that world be use soon, and i can get bitcoin too with fiat .

I agree with you. The bitcoin is a good currency. But the main problem with the bitcoin is that it is too volatile.

Noctis Connor

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Quote from: The Sceptical Chymist on September 16, 2016, 01:16:17 PM

It's heresy I know, but I think bitcoin sucks as a currency. I keep it as an investment and that's it. Everything I need to buy, I can get easier with fiat. No sense spending bitcoin.

How could you say that bitcoin sucks as currency ? i know we are using bitcoin as currency to invest right ? or to do gambling ? i don't understand why people says that bitcoin is nonsense and noting happen with that if we keep using it but for me bitcoin is everything that world be use soon, and i can get bitcoin too with fiat .

extrabyte

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Quote from: Carmen_Sandiego on September 16, 2016, 11:21:36 PM

It actually depends on the situation, sometimes I use btc as currency, when I buy things like food, clothes and things online using it... And I invest this sometimes, mostly into trading, to earn some more coins..

reality is bitcoin it self is applicable for both. bitcoin is a currency and is an investment also.
bitcoin is a coin mean is a currency and currency is can be used for all purposes.. it is not only about bitcoin this is same with all currencies.
you can use dollar also to investment.

Corenin

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Quote from: carlisle1 on September 17, 2016, 08:28:44 AM

Quote from: goldcoinminer on September 17, 2016, 03:02:52 AM

Quote from: TaShoKi on September 17, 2016, 12:24:11 AM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

I prefer not to use most of my holdings on gambling wth i don't really want to take a risk from gambling but if ever i have spare time as well as some coin maybe i would go to some gambling site just for entertainment . Yet, it is much better to go trading maybe it has a risk also but not same as gambling and i found trading very interesting . I need some rest from spending my earmings to buy a beer Grin

I think its not worth to spend money on gambling as it will never give you profits in long run, trading is the best way to make profits as if you can manage it smartly then you can expect regular profits.

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Quote from: goldcoinminer on September 17, 2016, 03:02:52 AM

Quote from: TaShoKi on September 17, 2016, 12:24:11 AM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

I prefer not to use most of my holdings on gambling wth i don't really want to take a risk from gambling but if ever i have spare time as well as some coin maybe i would go to some gambling site just for entertainment . Yet, it is much better to go trading maybe it has a risk also but not same as gambling and i found trading very interesting . I need some rest from spending my earmings to buy a beer Grin

dezoel

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I using bitcoin in both the ways, I spend them online for paying bills and for trading purpose but most of my coins are for investment purpose and hoping to get best returns in future.

betlord90

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Both of them are used as currency and investment . I use directly on the bitcoin payment of the billing here at home so nothing mote to fall inline to do pay my bills. And also to invest with my bitcoin also because it's the fastest way to tranfer money especially if bitcoin to bitcoin to the transfer and the mode of payment is bitcoin to invest .

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Quote from: Senor.Bla on September 17, 2016, 05:15:54 AM

Quote from: SquallLeonhart on September 17, 2016, 04:49:49 AM

Quote from: goldcoinminer on September 17, 2016, 03:02:52 AM

Quote from: TaShoKi on September 17, 2016, 12:24:11 AM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

Use it in gambling only if you are good at it or else keep them safe in wallet for the future and I still feel them spending them in trading is always better then gambling as in trading there is always an opportunity to make money.

usually i am not a big fan of gambling/betting, but i have found a way that i find useful. you can introduce bitcoin to your friend with betting. just bet them on sports or littler dare yous. that way they get to know bitcoin. but where do i put this in? since i am using it as form of payment (currency) but i am also helping bitcoin to grow and become more valuable, so it is good for my investment.

Its an investment for the majority of the users and the reason behind it is that the usage of bitcoin as a currency is very limited so people prefer to save them for the future.

Senor.Bla

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Quote from: SquallLeonhart on September 17, 2016, 04:49:49 AM

Quote from: goldcoinminer on September 17, 2016, 03:02:52 AM

Quote from: TaShoKi on September 17, 2016, 12:24:11 AM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

Use it in gambling only if you are good at it or else keep them safe in wallet for the future and I still feel them spending them in trading is always better then gambling as in trading there is always an opportunity to make money.

usually i am not a big fan of gambling/betting, but i have found a way that i find useful. you can introduce bitcoin to your friend with betting. just bet them on sports or littler dare yous. that way they get to know bitcoin. but where do i put this in? since i am using it as form of payment (currency) but i am also helping bitcoin to grow and become more valuable, so it is good for my investment.

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Quote from: goldcoinminer on September 17, 2016, 03:02:52 AM

Quote from: TaShoKi on September 17, 2016, 12:24:11 AM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

Use it in gambling only if you are good at it or else keep them safe in wallet for the future and I still feel them spending them in trading is always better then gambling as in trading there is always an opportunity to make money.

goldcoinminer

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Quote from: TaShoKi on September 17, 2016, 12:24:11 AM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

TaShoKi

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I use Bitcoin for investments and as a means of payment on the betting sites

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Quote from: ABCbits on April 28, 2016, 03:38:18 AM

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?

Most of the time I used it for investment, to grow more my coins through trading it in different exchanges platform. As we all know the basic sell at high price then buy at low price.

Universat

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Quote from: ironm@n on September 16, 2016, 05:17:47 PM

I think most people use btcs for both purposes. As a currency, when they use it as an payment method and as an investment , when they buy and hold, expecting the currency worth more in the future.

but i think most of the people are using bitcoin for investment method only, because most of the people have no facilities of using bitcoin for payment method, i think in most of the areas there are no shops available where customers can do shopping in bitcoin without converting it into fiat currency.

Carmen_Sandiego

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It actually depends on the situation, sometimes I use btc as currency, when I buy things like food, clothes and things online using it... And I invest this sometimes, mostly into trading, to earn some more coins..

wikenpp

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Quote from: ironm@n on September 16, 2016, 05:17:47 PM

I think most people use btcs for both purposes. As a currency, when they use it as an payment method and as an investment , when they buy and hold, expecting the currency worth more in the future.

Every holder in a way uses bitcoin as in investment and treated as such. For that reason i rather used my fiat money for online purchases and keep my btc for a later day, then vice versa.
The currency part is very young and need the support from a group of professonials, to see or make a better use for bitcoin.

Because alone we can do much in this world of greedy bankers.

ironm@n

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I think most people use btcs for both purposes. As a currency, when they use it as an payment method and as an investment , when they buy and hold, expecting the currency worth more in the future.

Mastsetad

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Quote from: fatima zuhra on September 16, 2016, 12:43:41 AM

i use bitcoin as currency and not as currency actually here we cannot use it as currency because we have very little facilities of using bitcoin. but still hope that as time pass more people will know about bitcoin and more shops will be open and then we will be able to use bitcoin in these shops for shopping.

Using it as currency does not mean just to use it for shopping or paying with it but you can also convert them to your home currency and then spend them in that way you will also be using it as a currency.

The Sceptical Chymist

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It's heresy I know, but I think bitcoin sucks as a currency. I keep it as an investment and that's it. Everything I need to buy, I can get easier with fiat. No sense spending bitcoin.

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Quote from: tabas on September 15, 2016, 08:20:04 PM

Quote from: albert11 on September 15, 2016, 07:27:25 PM

I use bitcoin as currency to buy porn. That's it.

Haha really? You are really buying porn with your bitcoins, why you have to spend your bitcoins with it if they are already free on the net? It is better if you are going to use them too as investment. So you are clearly using it as currency because you are purchasing something in return for a good / service. But for me, I've been using my bitcoins for both.

We don't know the real story behind of his post as he's not responded to any quoted post but some of porn scenes requires premium access and if that person is really a fanatic of porn industry, he will really buy those premium videos one.

After all if it's giving him a pleasure then it's just fine. It's his money after all.

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