Do you use bitcoin as currency or investment? - page 31.

jamids

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Quote from: mixan on August 25, 2016, 10:43:51 PM

Was using it as a currency before but now see it for investment purposes as that would be a much more lucrative venture to pursue.

I'm also using bitcoin for investment. There's not much that I can buy with bitcoin yet for now especially the basic needs because supermarkets does not accept bitcoin yet so I just add a little amount to my wallet each month and then trade some but basically I don't spend it like what I do in fiat. Maybe when the time come that many shops will accept bitcoin then I will use it as currency but my goal really with bitcoin is for long term investment.

danherbias07

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Quote from: blackmachinegun on August 28, 2016, 02:51:18 AM

Quote from: Cromvel on August 26, 2016, 09:09:06 AM

I use bitcoins as currency. sometimes I gamble for bitcoins - http://gamesmoney.com/casino-slotslv - however, I only spend=))) oh....

I think it is impossible that people using bitcoin is only to be used as spending alone or currencies only. of course they will try to get bitcoin or benefit with bitcoin.
I know a lot about the purpose of the users of bitcoin

We have out own choices on how to use it. If their case is spending then it is good too. It helps with the circulation as the same as holders or buyers.

blackmachinegun

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Quote from: Cromvel on August 26, 2016, 09:09:06 AM

I use bitcoins as currency. sometimes I gamble for bitcoins - http://gamesmoney.com/casino-slotslv - however, I only spend=))) oh....

I think it is impossible that people using bitcoin is only to be used as spending alone or currencies only. of course they will try to get bitcoin or benefit with bitcoin.
I know a lot about the purpose of the users of bitcoin

universe_

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Quote from: Ryananda on August 26, 2016, 06:59:15 AM

Quote from: Noctis Connor on August 26, 2016, 05:42:53 AM

Quote from: goldcoinminer on August 23, 2016, 12:07:36 AM

Quote from: Noctis Connor on August 22, 2016, 11:36:02 PM

I use bitcoin as a currency and investment. But i more use it as an investment because i can earn more BTC when i invest and as the time comes, i have a lot of earnings on my investments and use this to buy things that i need. we need to earn for us to have a chance to buy using btc as a currency and payments.

It is a good move for now since bitcoin is still at its early phase and there is more room to grow for us here so there is a big possibility that we can make money if we are just trusting on the future of bitcoin and risk our money.

yeah for me its good move because investment is really good to earn more bitcoin and to grow your bitcoin without doing anything seeing your bitcoin grow while sitting infront of your computer is one of the best feeling ever and then you will spend your coins in some random staff <3

Yes bitcoin is a good place for investment and very profitable. I also use bitcoin for short-term investments. But we must be careful if you want to invest in bitcoin as there are many scam sites, and we should be able to learn the price.

you are right, thats why i invest so much money into bitcoins at the moment, it can allow me to make some decent profit to be honest

goldcoinminer

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Quote from: SaShiRaJaVu on August 26, 2016, 09:26:22 PM

Quote from: 8Habits on August 26, 2016, 09:14:12 PM

Quote from: SaShiRaJaVu on August 26, 2016, 08:04:38 PM

I am learning about this currency,first i have to learn ,how to mine coins. Being a learning curve i guess it takes some time to learn these new stuffs. Right now i have many doubts than answers. how do we invest. Do we have a bank ?

Hi SaShiRaJaVu,
Welcome to the world of bitcoins and as you will go along, you will find out that it is not really that hard to have bitcoins and using them. First thing is you need to have a bitcoin wallet where you store your bitcoins and also use to receive bitcoins. It is like your ordinary fiat bank.

Knowing these won't take long and before you knew it, you are already trading and using bitcoins all the time.

Took blockchain as my bank. Now how do i mine with it, or do i need to download something else. Do i need Bitcoin Core: 0.12.1 to mine coins. One more thing is, what is this ALT coins, is that another branch of coins.

Alt coins are alternative coins because the main coin here the bitcoin, since you are a newbie I understand that important information are not known to you yet, but I like your positive attitude for the willingness to learn, honestly, if you want to know all the answer it is written all in the altcoin section and bitcoin discussion for bitcoin.

SaShiRaJaVu

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Quote from: 8Habits on August 26, 2016, 09:14:12 PM

Quote from: SaShiRaJaVu on August 26, 2016, 08:04:38 PM

I am learning about this currency,first i have to learn ,how to mine coins. Being a learning curve i guess it takes some time to learn these new stuffs. Right now i have many doubts than answers. how do we invest. Do we have a bank ?

Hi SaShiRaJaVu,
Welcome to the world of bitcoins and as you will go along, you will find out that it is not really that hard to have bitcoins and using them. First thing is you need to have a bitcoin wallet where you store your bitcoins and also use to receive bitcoins. It is like your ordinary fiat bank.

Knowing these won't take long and before you knew it, you are already trading and using bitcoins all the time.

Took blockchain as my bank. Now how do i mine with it, or do i need to download something else. Do i need Bitcoin Core: 0.12.1 to mine coins. One more thing is, what is this ALT coins, is that another branch of coins.

8Habits

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Quote from: SaShiRaJaVu on August 26, 2016, 08:04:38 PM

I am learning about this currency,first i have to learn ,how to mine coins. Being a learning curve i guess it takes some time to learn these new stuffs. Right now i have many doubts than answers. how do we invest. Do we have a bank ?

Hi SaShiRaJaVu,
Welcome to the world of bitcoins and as you will go along, you will find out that it is not really that hard to have bitcoins and using them. First thing is you need to have a bitcoin wallet where you store your bitcoins and also use to receive bitcoins. It is like your ordinary fiat bank.

Knowing these won't take long and before you knew it, you are already trading and using bitcoins all the time.

SaShiRaJaVu

hero member

Activity: 1694

Merit: 541

I am learning about this currency,first i have to learn ,how to mine coins. Being a learning curve i guess it takes some time to learn these new stuffs. Right now i have many doubts than answers. how do we invest. Do we have a bank ?

shinratensei_

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Quote from: torrentheaven on August 26, 2016, 09:08:36 AM

Quote from: Nimbulan on August 26, 2016, 08:46:23 AM

Quote from: Ryananda on August 26, 2016, 06:59:15 AM

Quote from: Noctis Connor on August 26, 2016, 05:42:53 AM

Quote from: goldcoinminer on August 23, 2016, 12:07:36 AM

Quote from: Noctis Connor on August 22, 2016, 11:36:02 PM

I use bitcoin as a currency and investment. But i more use it as an investment because i can earn more BTC when i invest and as the time comes, i have a lot of earnings on my investments and use this to buy things that i need. we need to earn for us to have a chance to buy using btc as a currency and payments.

It is a good move for now since bitcoin is still at its early phase and there is more room to grow for us here so there is a big possibility that we can make money if we are just trusting on the future of bitcoin and risk our money.

yeah for me its good move because investment is really good to earn more bitcoin and to grow your bitcoin without doing anything seeing your bitcoin grow while sitting infront of your computer is one of the best feeling ever and then you will spend your coins in some random staff <3

Yes bitcoin is a good place for investment and very profitable. I also use bitcoin for short-term investments. But we must be careful if you want to invest in bitcoin as there are many scam sites, and we should be able to learn the price.

thats why i use bitcoin mainly as an investment option, to be honest i doubt that there are any more such great investments as bitcoin because it is going to grow a lot

Investing bitcoins in any online site can be really very risky as its hard to find any legit site at a moment, they may pay you initially but there is no guarantee that they will survive in long run.

Like you trust your money in the other hands and you don't know what the people's mind, anytime trust your money for the another party is very risky. and the legit site like rumors in this time because a lot of online investment is related into a trap for bitcoins. maybe that's not all.

lavapits

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Quote from: Ryananda on August 26, 2016, 06:59:15 AM

Quote from: Noctis Connor on August 26, 2016, 05:42:53 AM

Quote from: goldcoinminer on August 23, 2016, 12:07:36 AM

Quote from: Noctis Connor on August 22, 2016, 11:36:02 PM

I use bitcoin as a currency and investment. But i more use it as an investment because i can earn more BTC when i invest and as the time comes, i have a lot of earnings on my investments and use this to buy things that i need. we need to earn for us to have a chance to buy using btc as a currency and payments.

It is a good move for now since bitcoin is still at its early phase and there is more room to grow for us here so there is a big possibility that we can make money if we are just trusting on the future of bitcoin and risk our money.

yeah for me its good move because investment is really good to earn more bitcoin and to grow your bitcoin without doing anything seeing your bitcoin grow while sitting infront of your computer is one of the best feeling ever and then you will spend your coins in some random staff <3

Yes bitcoin is a good place for investment and very profitable. I also use bitcoin for short-term investments. But we must be careful if you want to invest in bitcoin as there are many scam sites, and we should be able to learn the price.

of course it is really profitable in my opinion if you want to become rich then with bitcoins you can make a huge fortune

ajun96

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Activity: 658

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Quote from: Osarman on August 26, 2016, 02:11:13 PM

Quote from: Cromvel on August 26, 2016, 09:09:06 AM

I use bitcoins as currency. sometimes I gamble for bitcoins - http://gamesmoney.com/casino-slotslv - however, I only spend=))) oh....

yeah there is many people are using bitcoin as currency for gambling like as you and maximum people are also use it for online shopping and i think using of bitcoin is much more than other currency.

I think bitcoin users more use bitcoin as an investment or a benefit I think. few people using bitcoin as a payment method in every day. probably because it is very difficult to find sites that accept bitcoin payments. it is one of the reasons

Maesters1-

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Quote from: torrentheaven on August 26, 2016, 09:08:36 AM

Quote from: Nimbulan on August 26, 2016, 08:46:23 AM

Quote from: Ryananda on August 26, 2016, 06:59:15 AM

Quote from: Noctis Connor on August 26, 2016, 05:42:53 AM

Quote from: goldcoinminer on August 23, 2016, 12:07:36 AM

Quote from: Noctis Connor on August 22, 2016, 11:36:02 PM

I use bitcoin as a currency and investment. But i more use it as an investment because i can earn more BTC when i invest and as the time comes, i have a lot of earnings on my investments and use this to buy things that i need. we need to earn for us to have a chance to buy using btc as a currency and payments.

It is a good move for now since bitcoin is still at its early phase and there is more room to grow for us here so there is a big possibility that we can make money if we are just trusting on the future of bitcoin and risk our money.

yeah for me its good move because investment is really good to earn more bitcoin and to grow your bitcoin without doing anything seeing your bitcoin grow while sitting infront of your computer is one of the best feeling ever and then you will spend your coins in some random staff <3

Yes bitcoin is a good place for investment and very profitable. I also use bitcoin for short-term investments. But we must be careful if you want to invest in bitcoin as there are many scam sites, and we should be able to learn the price.

thats why i use bitcoin mainly as an investment option, to be honest i doubt that there are any more such great investments as bitcoin because it is going to grow a lot

Investing bitcoins in any online site can be really very risky as its hard to find any legit site at a moment, they may pay you initially but there is no guarantee that they will survive in long run.

i think there are alot of so trusted sites and online shops where you can do shopping without any doubt, but you just need to recognize them. some time you can even use Escrow fo buying or selling thing which is the most safest way of trading, as now the online shopping trend is increasing day by day so it is expected the online shopping system will become more safest and more advance in future.

newcoins1978

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Quote from: Osarman on August 26, 2016, 02:11:13 PM

Quote from: Cromvel on August 26, 2016, 09:09:06 AM

I use bitcoins as currency. sometimes I gamble for bitcoins - http://gamesmoney.com/casino-slotslv - however, I only spend=))) oh....

yeah there is many people are using bitcoin as currency for gambling like as you and maximum people are also use it for online shopping and i think using of bitcoin is much more than other currency.

You have to agree that at the moment bitcoin as an investment is far more interesting then bitcoin as an a currency. The lack of usage for products you need on a daily basis makes it like that. But yes i am confident this will change in time.

Osarman

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Quote from: Cromvel on August 26, 2016, 09:09:06 AM

I use bitcoins as currency. sometimes I gamble for bitcoins - http://gamesmoney.com/casino-slotslv - however, I only spend=))) oh....

yeah there is many people are using bitcoin as currency for gambling like as you and maximum people are also use it for online shopping and i think using of bitcoin is much more than other currency.

rickadone

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Quote from: Ryananda on August 26, 2016, 06:59:15 AM

Quote from: Noctis Connor on August 26, 2016, 05:42:53 AM

Quote from: goldcoinminer on August 23, 2016, 12:07:36 AM

Quote from: Noctis Connor on August 22, 2016, 11:36:02 PM

I use bitcoin as a currency and investment. But i more use it as an investment because i can earn more BTC when i invest and as the time comes, i have a lot of earnings on my investments and use this to buy things that i need. we need to earn for us to have a chance to buy using btc as a currency and payments.

It is a good move for now since bitcoin is still at its early phase and there is more room to grow for us here so there is a big possibility that we can make money if we are just trusting on the future of bitcoin and risk our money.

yeah for me its good move because investment is really good to earn more bitcoin and to grow your bitcoin without doing anything seeing your bitcoin grow while sitting infront of your computer is one of the best feeling ever and then you will spend your coins in some random staff <3

Yes bitcoin is a good place for investment and very profitable. I also use bitcoin for short-term investments. But we must be careful if you want to invest in bitcoin as there are many scam sites, and we should be able to learn the price.

With bitcoins volatility in value, it makes it highly profitable, and also very risky since it is unpredictable.
Bitcoin is better used as both currency and investments. Maybe 50-50 just so we can keep the economy running because if we all go into investments and hodl our coins, there's less active coins circulating therefore less chances for improvement.

wxa7115

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Bitcoin is GOD

Quote from: ABCbits on August 26, 2016, 06:28:31 AM

Quote from: Leonard2016 on August 25, 2016, 10:41:52 PM

Quote from: extrabyte on August 25, 2016, 10:39:36 PM

Quote from: hendra147 on August 25, 2016, 10:12:30 PM

Quote from: mcjavares on August 25, 2016, 09:16:04 PM

i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising

that's like im doing with my bitcoin.
i hope in next month i can have paper wallet and start keeping some bitcoin for investment

Having a Paper wallet is best strategy for me too.. Paper wallet is most secured and safest way to store bitcoin. and you can redeem from there any time you want to invest your bitcoin..

but what if you don't have a printer? what would you do then?

i am having thir trouble, i don't have a printer and i can't just go out and ask a print shop to do the most delicate print of my life

You still have other choice such as buy paper wallet, buy hardware wallet or just backup your encrypted bitcoin wallet in CD, flashdisk or online drive.
Not best choice and more risky, but better than buy a printer or print at digital printing service.

The information that you gave is correct but if this user does not have the money to buy a printer I have my doubts that there´s a big amount of BTC in his wallet.

Corenin

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Quote from: serjent05 on August 26, 2016, 09:37:36 AM

Quote from: agustina2 on August 26, 2016, 09:21:41 AM

Quote from: torrentheaven on August 26, 2016, 09:08:36 AM

Investing bitcoins in any online site can be really very risky as its hard to find any legit site at a moment, they may pay you initially but there is no guarantee that they will survive in long run.

Just exclude those obvious HYIP and everything will be fine.

There are some online site which we can invest our coins which will really give us good returns. Im talking about investing money on exchanges site and do some trades. Yes it can't guarantee as safety investment since all exchanges sites can become fraud someday but it's worth to try.

Yeah we can invest in exchanges or trading platform. Some of these exchanges sell share to their users. Aside from that you can try to invest in casino houses, i read it is quite profitable. Better than you playing gamling yourself. There are also these ICO's and altcoin trading where you can invest your bitcoin.

Yes and I think poloniex is a very good site at a moment for trading, and I don't think it will run away as I am using it since last 1 year and lets hope that it doesn't turn into scam in future.

serjent05

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Quote from: agustina2 on August 26, 2016, 09:21:41 AM

Quote from: torrentheaven on August 26, 2016, 09:08:36 AM

Investing bitcoins in any online site can be really very risky as its hard to find any legit site at a moment, they may pay you initially but there is no guarantee that they will survive in long run.

Just exclude those obvious HYIP and everything will be fine.

There are some online site which we can invest our coins which will really give us good returns. Im talking about investing money on exchanges site and do some trades. Yes it can't guarantee as safety investment since all exchanges sites can become fraud someday but it's worth to try.

Yeah we can invest in exchanges or trading platform. Some of these exchanges sell share to their users. Aside from that you can try to invest in casino houses, i read it is quite profitable. Better than you playing gamling yourself. There are also these ICO's and altcoin trading where you can invest your bitcoin.

agustina2

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Quote from: torrentheaven on August 26, 2016, 09:08:36 AM

Investing bitcoins in any online site can be really very risky as its hard to find any legit site at a moment, they may pay you initially but there is no guarantee that they will survive in long run.

Just exclude those obvious HYIP and everything will be fine.

There are some online site which we can invest our coins which will really give us good returns. Im talking about investing money on exchanges site and do some trades. Yes it can't guarantee as safety investment since all exchanges sites can become fraud someday but it's worth to try.

Cromvel

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I use bitcoins as currency. sometimes I gamble for bitcoins - http://gamesmoney.com/casino-slotslv - however, I only spend=))) oh....

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