Do you use bitcoin as currency or investment? - page 36.

soros017

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Quote from: Hugroll on August 23, 2016, 01:13:00 PM

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?

i mainly use bitcoin as an investment. but i do keep around 10% of my coins in my coinbase hot wallet that i do spend often. so 90% investment and 10% currency.

Me too, but I hold something around 30%. The other part I use for investments.

goldcoinminer

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Quote from: harizen on August 23, 2016, 02:41:47 PM

Quote from: wxa7115 on August 23, 2016, 01:08:43 PM

Quote from: rekinthis on August 23, 2016, 12:48:12 PM

Quote from: samcoin on August 22, 2016, 01:42:34 PM

I use Bitcoin as currency and as investment , because I don't have any balances in other online banks like Paypal or Payza which restrict my country , so I use Bitcoin as currency when I want to buy some thing from the internet , but in other cases , I prefer to hold my Bitcoin for the future .

the same for me, it is really use to do shopping online and it is a best investment option i can think of right now, bitcoin is just a perfect currency

This is so true, during the next months and years I plan to purchase bitcoin but bitcoin its incredible useful as a currency that I cannot stop myself from buying stuff that I really need.

It's just fine as long as you are happy with what you really want. It's your coins after all.

And besides using it as a currency sometimes by other persons is a big help to spread coins in the market, hence it will also help bitcoin to be more popular at least in the economic world.

And you are the one who are taking the risk, it is good that you like to use bitcoin as you investment as it has a good potential it will give you a fortune in the future when you raise to invest a good amount of money.

By regularly busing bitcoins it could help a lot to accumulate a bigger value in the future.

harizen

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Quote from: wxa7115 on August 23, 2016, 01:08:43 PM

Quote from: rekinthis on August 23, 2016, 12:48:12 PM

Quote from: samcoin on August 22, 2016, 01:42:34 PM

I use Bitcoin as currency and as investment , because I don't have any balances in other online banks like Paypal or Payza which restrict my country , so I use Bitcoin as currency when I want to buy some thing from the internet , but in other cases , I prefer to hold my Bitcoin for the future .

the same for me, it is really use to do shopping online and it is a best investment option i can think of right now, bitcoin is just a perfect currency

This is so true, during the next months and years I plan to purchase bitcoin but bitcoin its incredible useful as a currency that I cannot stop myself from buying stuff that I really need.

It's just fine as long as you are happy with what you really want. It's your coins after all.

And besides using it as a currency sometimes by other persons is a big help to spread coins in the market, hence it will also help bitcoin to be more popular at least in the economic world.

Hugroll

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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?

i mainly use bitcoin as an investment. but i do keep around 10% of my coins in my coinbase hot wallet that i do spend often. so 90% investment and 10% currency.

wxa7115

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Quote from: rekinthis on August 23, 2016, 12:48:12 PM

Quote from: samcoin on August 22, 2016, 01:42:34 PM

I use Bitcoin as currency and as investment , because I don't have any balances in other online banks like Paypal or Payza which restrict my country , so I use Bitcoin as currency when I want to buy some thing from the internet , but in other cases , I prefer to hold my Bitcoin for the future .

the same for me, it is really use to do shopping online and it is a best investment option i can think of right now, bitcoin is just a perfect currency

This is so true, during the next months and years I plan to purchase bitcoin but bitcoin its incredible useful as a currency that I cannot stop myself from buying stuff that I really need.

rekinthis

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Quote from: samcoin on August 22, 2016, 01:42:34 PM

I use Bitcoin as currency and as investment , because I don't have any balances in other online banks like Paypal or Payza which restrict my country , so I use Bitcoin as currency when I want to buy some thing from the internet , but in other cases , I prefer to hold my Bitcoin for the future .

the same for me, it is really use to do shopping online and it is a best investment option i can think of right now, bitcoin is just a perfect currency

iqlimasyadiqa

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I use bitcoin for both. I invested in bitcoin and also I use bitcoin to buy daily needs. mainly to buy credits phones and broadband internet as well. very pleasant when I can shop just by sitting in front of computer desk.

ajun96

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Quote from: vindicare on August 20, 2016, 02:53:47 AM

for now I'm using it as an currency to buy some extras on the internet because I dont know where to invest it and I dont have any trading skills at this moment . hoping this year that I can use bitcoin as an investment so that I can have extra money to use in real life. Grin

I think you're using bitcoin as a currency is quite difficult now. because you can not shop with ease dude ? you can not buy things specifically. surely you will get into trouble and dissatisfaction in using bitcoin as currency right ?. I'm currently using bitcoin more to invest and its more ease

keaderza

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I use it as an investment mainly, I deposit some funds in it and change them to btc and keep it like that, I also wait for a change in the market and trade them depending on that, don't use it as a currency that much.

johny87

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Both of them probably for me, I use it as a currency online because it's far more feasible than other payment options online particularly to parties you don't completely trust, I also hold some of bitcoins as an investment.

goinmerry

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Quote from: diodio5 on August 23, 2016, 01:40:45 AM

Quote from: airsounds on August 22, 2016, 03:03:35 PM

Both of them, I buy a lot of things on the internet, because its convenient and I see many flexible opportunities to invest with bitcoin.

yeah I also use them. I'm using bitcoin to my advantage. I use a variety of methods and I used to earn and sometimes I use it bitcoin to buy something (as my currency). but it is very rare Because You know bitcoin has not been so accepted

We are all the same with this problem. Well it is not the currency when you are walking in a mall. But when you are using a monitor a keyboard and an internet then it will be an easy to use currency. Many online shops now are using it as a currency for payment.

madwica

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I used my bitcoin both as currency and investment, most of the my earnings in my investment i exchanged it into fiat to spend since bitcoin is not fully accepted here in my country.

diodio5

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Quote from: airsounds on August 22, 2016, 03:03:35 PM

Both of them, I buy a lot of things on the internet, because its convenient and I see many flexible opportunities to invest with bitcoin.

yeah I also use them. I'm using bitcoin to my advantage. I use a variety of methods and I used to earn and sometimes I use it bitcoin to buy something (as my currency). but it is very rare Because You know bitcoin has not been so accepted

goldcoinminer

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Quote from: Noctis Connor on August 23, 2016, 12:36:02 AM

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.

Noctis Connor

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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.

PacePay

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Quote from: richardsNY on August 22, 2016, 01:35:22 PM

Quote from: JessicaSe on August 22, 2016, 07:34:16 AM

Its a pure investment for me, and as a currency I am still dependent on fiat and prefer to use only fiat for making purchases as I believe in saving my bitcoins for long term.

You don't have to spend your own coins if you don't want to. This is how I do it: If I'm going to buy something to pay for in Bitcoin, then I simply convert fiat to Bitcoin, and complete the transaction with the Bitcoins that I bought. It's very simple, and I don't have to touch my own coins which I also prefer to save.

It is a nice ideas we have to keep some amount of bitcoins in our wallets and do not have to spend them and have to wait for the future to get a profit from them, but it is possible only for those people who will have some extra money which they can afford to keep aside from their expenditures.

wuvdoll

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Quote from: gerXhonza on August 22, 2016, 07:51:04 AM

Quote from: BeGoods on August 22, 2016, 07:48:09 AM

Quote from: Betwrong on August 22, 2016, 06:48:12 AM

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?

Both of them, like 65.6% of others here. But every time I spend my coins I know that a year from now I would be able to buy more with the same amount. The thing is you need to buy things to live and if you don't have enough fiat you use Bitcoins. What else can you do?

I think bitcoin is not good enough and the support to be used as currency or payment method for this time? I think although there are some stores that accept bitcoin but that only a small fraction? we need the ease of transacting. maybe I will be using bitcoin as a currency. when bitcoin accepted by many customers

Yeah and I think it will take long time for that to happen, as bitcoin is not too popular in many countries and it is not accepted everywhere at a moment, but in future things will change.

It would be nice for the bitcoin network if the coins are actively circulating since it affects the active supply of bitcoins. More active supply means more chances for big investors to join in the game.

I personally prefer bitcoin as both, however. 50-50 on both saving and using as currency even though I am deliberately preferring to save more bitcoins for my future use.

airsounds

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Both of them, I buy a lot of things on the internet, because its convenient and I see many flexible opportunities to invest with bitcoin.

Maesters1-

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Quote from: samcoin on August 22, 2016, 01:42:34 PM

I use Bitcoin as currency and as investment , because I don't have any balances in other online banks like Paypal or Payza which restrict my country , so I use Bitcoin as currency when I want to buy some thing from the internet , but in other cases , I prefer to hold my Bitcoin for the future .

its mean that you have good opportunities to use bitcoin like fiat currency, i think most of the people have not available such facilities and that is the reason that they cannot use bitcoin just like fiat currency, i my self have also not available such facilities to use bitcoin in market but still we are hopeful that a time will come when i will be able to use bitcoin in my area;s shops.

SmirnoffVany

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If intelligently approach to bitcoin, it is probably the best option to have investments in bitcoin half and the other as a currency. Perhaps this is a more appropriate option to use bitcoin.

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