Do you use bitcoin as currency or investment? - page 12.

extrabyte

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Quote from: bluechipinvestor on September 15, 2016, 11:37:37 PM

In general, I use Bitcoin for both purposes. I use it as a currency, to make payments, and also as a long-term investment, since I believe that the Bitcoin ecosystem can expand much more in the future.

It is correct. bitcoin is best for long time investment but within the bitcoin. mean use bitcoin it self as investment. you can use bitcoin to hold for long term.. this is the only investment I can prefer for bitcoin. because no other good investment.
in generally I use bitcoin as a source of payment.

Noctis Connor

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Quote from: DuckKeeper on September 13, 2016, 04:03:20 AM

Bitcoins can be used for all kind of things you know there are allot of peopel using it as currency but most of them if they are smart are using it for investments because that will bring jyou the bes profit,

Bitcoin and reliable and it can be suited into another crypto currency In USA bitcoin now is the one of the popular coins there and lots of people are going to use it and those selected store who accepting bitcoin already if you invest in smart way you will earn in the smart way too.

Rostadom

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I use it as both. Bitcoin can be used in any way you want. I use it as a currency because I can buy various stuffs on the Internet using Bitcoin. I use it as an investment as I don't spend all of my coins at once. I leave some of them so if ever the price increases, I'll get some profit out of it. And maybe even buy some more Bitcoins if there's a major price dip.

Harlot

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Quote from: goldcoinminer on September 16, 2016, 03:13:48 AM

Quote from: Harlot on September 16, 2016, 01:34:33 AM

Quote from: South Park on September 16, 2016, 12:57:43 AM

Quote from: 8Habits on September 15, 2016, 02:06:17 AM

Quote from: South Park on September 15, 2016, 02:01:27 AM

I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like.

Thanks for your encouragement 8Habits, I do have a source of fiat income but the problem, if we can even call it a problem, is that bitcoin is incredibly useful as a currency since I do not have a PayPal account or anything similar

My suggestion is that you use your money inyead of btc in soending as fiat money is stable and prices are also the same for it. While your btc in spending it, there are the ones who need to adjust regarding to their US dollar value so when the usd value of it its low you will have to spend more btc in which you will lose more compared to using the fiat money.

If we are talking about bitcoin the automatic answer is we should use it as investment, it is because the future of bitcoin is very positive that it could be more popular as it can help the economy of every country to improve if they will be open with the new technology.

It is not the automatic answer as up to date there are no proper way of investing bitcoin, and I don't think any legit company are accepting bitcoin to date. If you are talking about storing bitcoin in your wallet as investment than its ok but the danger of that are price drops that can happen frequently. Also you won't see any growth in storing bitcoins as the colatility of the price you won't see any jump to the resistance.

clickerz

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Quote from: Altynbekova on September 16, 2016, 03:34:51 AM

Nowadays I use it as both a little bit. It's difficult to use as a currency cause not many places accept it as a currency.
I use it to invest and I also see bitcoin itself as an investment. Just pouring cash into bitcoin and waiting for it to go up.

I use it asa currency to buy other coins also

I mean buying other coins as in trading. I use to buy some coins which are having good potential to earn more. Just read their ANN here and with great community support, the coins will be profitable. Trading is a good way to satrt. Just learn the principles and flow and you're ready to trade confidently.

Altynbekova

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Nowadays I use it as both a little bit. It's difficult to use as a currency cause not many places accept it as a currency.
I use it to invest and I also see bitcoin itself as an investment. Just pouring cash into bitcoin and waiting for it to go up.

goldcoinminer

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Quote from: Harlot on September 16, 2016, 01:34:33 AM

Quote from: South Park on September 16, 2016, 12:57:43 AM

Quote from: 8Habits on September 15, 2016, 02:06:17 AM

Quote from: South Park on September 15, 2016, 02:01:27 AM

I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like.

Thanks for your encouragement 8Habits, I do have a source of fiat income but the problem, if we can even call it a problem, is that bitcoin is incredibly useful as a currency since I do not have a PayPal account or anything similar

My suggestion is that you use your money inyead of btc in soending as fiat money is stable and prices are also the same for it. While your btc in spending it, there are the ones who need to adjust regarding to their US dollar value so when the usd value of it its low you will have to spend more btc in which you will lose more compared to using the fiat money.

If we are talking about bitcoin the automatic answer is we should use it as investment, it is because the future of bitcoin is very positive that it could be more popular as it can help the economy of every country to improve if they will be open with the new technology.

Harlot

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Quote from: South Park on September 16, 2016, 12:57:43 AM

Quote from: 8Habits on September 15, 2016, 02:06:17 AM

Quote from: South Park on September 15, 2016, 02:01:27 AM

I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like.

Thanks for your encouragement 8Habits, I do have a source of fiat income but the problem, if we can even call it a problem, is that bitcoin is incredibly useful as a currency since I do not have a PayPal account or anything similar

My suggestion is that you use your money inyead of btc in soending as fiat money is stable and prices are also the same for it. While your btc in spending it, there are the ones who need to adjust regarding to their US dollar value so when the usd value of it its low you will have to spend more btc in which you will lose more compared to using the fiat money.

puremage111

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well i would say investment and currency, as we can see most of the ICO and trading site dun take paypal, so i have no way other than converting in to btc so yeah

South Park

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Quote from: 8Habits on September 15, 2016, 02:06:17 AM

Quote from: South Park on September 15, 2016, 02:01:27 AM

I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like.

Thanks for your encouragement 8Habits, I do have a source of fiat income but the problem, if we can even call it a problem, is that bitcoin is incredibly useful as a currency since I do not have a PayPal account or anything similar

fatima zuhra

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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.

Zadicar

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Quote from: FLoving on September 15, 2016, 08:01:23 PM

Quote from: jerowacik on September 15, 2016, 07:54:17 PM

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

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

it's very simple. but for me you should capitalize on the positive bitcoin. buying and accessing pornography is a negative action. You can think more wisely again.

he is getting benefit from bitcoin in this way as with that no one will know that he is buying porn as with bitcoin he will not be liable to provide any credit card details and any other personal info, I think if he is adult then it is not illegal.

Exactly he is benefiting and we are already adults here and since it is his bitcoin we can't teach him on how he is going to use his bitcoins. The decision is still going to depend on him as he is the one worked for it hard. Buying porn is making him use bitcoin as currency but somehow it is not really safe for work.

We cant really force people on how he would supposedly to use his bitcoin since it not out money after all. Agree we are adults and in realtalk we do like to access those porn site for sometimes. Grin

. As long you are not doing anything bad to someone the its not illegal to use bitcoin on porn things i guess,

bluechipinvestor

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In general, I use Bitcoin for both purposes. I use it as a currency, to make payments, and also as a long-term investment, since I believe that the Bitcoin ecosystem can expand much more in the future.

Siyas

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I use bitcoins for both. For currency and for investments. As said this would be the correct time to invest in buying bitcoins as then price is low. We cxan see a good profit when the price go up. Also, when I exchange into fiat, I get more money.

kagawawa

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Quote from: FLoving on September 15, 2016, 08:01:23 PM

Quote from: jerowacik on September 15, 2016, 07:54:17 PM

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

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

it's very simple. but for me you should capitalize on the positive bitcoin. buying and accessing pornography is a negative action. You can think more wisely again.

he is getting benefit from bitcoin in this way as with that no one will know that he is buying porn as with bitcoin he will not be liable to provide any credit card details and any other personal info, I think if he is adult then it is not illegal.

Exactly he is benefiting and we are already adults here and since it is his bitcoin we can't teach him on how he is going to use his bitcoins. The decision is still going to depend on him as he is the one worked for it hard. Buying porn is making him use bitcoin as currency but somehow it is not really safe for work.

The thing is, there are a lot of uses for bitcoin as a store of wealth, as a way to transmit wealth, as a way to avoid financial censorship, that it has the potential to go huge.

tabas

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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.

FLoving

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Quote from: jerowacik on September 15, 2016, 07:54:17 PM

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

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

it's very simple. but for me you should capitalize on the positive bitcoin. buying and accessing pornography is a negative action. You can think more wisely again.

he is getting benefit from bitcoin in this way as with that no one will know that he is buying porn as with bitcoin he will not be liable to provide any credit card details and any other personal info, I think if he is adult then it is not illegal.

jerowacik

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

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

it's very simple. but for me you should capitalize on the positive bitcoin. buying and accessing pornography is a negative action. You can think more wisely again.

albert11

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

molsewid

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Since i am newbie here and still searching for bitcoins that i can use for the entire net and also earning bit i use it as currency to start trading and i all started with cheal coin for my practices on trading hope that it will succed and i can say now that i can really do my own way todo this one.

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