Do you use bitcoin as currency or investment? - page 40.

Jasad

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Quote from: tampazeus on August 20, 2016, 03:17:14 AM

Quote from: Jasad on August 20, 2016, 02:49:25 AM

Quote from: dmarine on August 20, 2016, 02:19:33 AM

Mainly as an investment, holding for the long term.

why you only make bitcoin as an investment only? what's the reason?
have you ever thinking to consider bitcoin as currency? or digital currency at least?
bitcoin are spendable almost everyhere around the world currently ,
some people even call bitcoin as the future of global currency.

Bitcoin is mainly used as a digital currency and not as a physical currency and that makes people to treat it as an investment and in future when people find direct places to spend they will start using it as a currency.

i can not imagine how bitcoin be a physical currency and used in real life ,
it will looks strange and ugly maybe?
for me that was not the reason , as long as you can pay something use bitcoin , it is a currency!
people just feel too insecure use and spend bitcoin.

eddyubachs

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Quote from: diodio5 on August 21, 2016, 03:56:04 AM

Quote from: vindicare on August 20, 2016, 01:53:47 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

Lol I think if you do not know where to invest bitcoin and how much you want to invest I think you just need to hold the course in your bitcoin wallet and wait for prices to rise. you have to have is patience I'm sure you will benefit from this investment? why do not you try it?

Yeah if one doesn't have knowledge of trading and investment then the best thing is to hold them for future, no doubt holding will not grow your coins but if price goes higher in future you can earn good profits from it.

Gustavv

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i am use it both i have some btc to investment and i never use it to purchase something
but i have small btc too from earning every week as currency and buy something use bitcoin

diodio5

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Quote from: vindicare on August 20, 2016, 01:53:47 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

Lol I think if you do not know where to invest bitcoin and how much you want to invest I think you just need to hold the course in your bitcoin wallet and wait for prices to rise. you have to have is patience I'm sure you will benefit from this investment? why do not you try it?

Mastsetad

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Quote from: deadpoolx on August 20, 2016, 07:07:49 AM

I think most people use for both purposes, especially taking into consideration the number of holders expecting the currency to appreciate.

The number of bitcoin holders are always expecting bitcoin to become usable as a currency as well but because of the low level of adoption we are still not available to use it as a currency that is the reason why it is being used as an investment mostly.

mark coins

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Quote from: wxa7115 on August 20, 2016, 11:27:11 AM

Quote from: gerXhonza on August 20, 2016, 10:00:25 AM

Quote from: danherbias07 on August 20, 2016, 09:19:26 AM

Quote from: jakelyson on August 20, 2016, 09:12:52 AM

Quote from: fkvidar on August 19, 2016, 10:46:14 AM

I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.

It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things.

Yeah. But if really needed you might want to withdrew it. Notjing wrong with it. Bitcoin is not really made just to be stucked in your wallet.

Yeah and bitcoin always allows us to convert it to fiat if we are in desperate need of money, but its good to save them for future and spend them when price goes higher.

This is something that inadvertently did when I began with bitcoin, I bought some bitcoin and then for whatever reason I did not spend it right away, then a month later the price had double and I was able to buy more things than I would have been able if I spent my bitcoin right away.

Its not that you should never spend your coins, if price seems good to you then you can always spend them as bitcoin is an currency and it should be used and treated as an currency.

wxa7115

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Quote from: gerXhonza on August 20, 2016, 10:00:25 AM

Quote from: danherbias07 on August 20, 2016, 09:19:26 AM

Quote from: jakelyson on August 20, 2016, 09:12:52 AM

Quote from: fkvidar on August 19, 2016, 10:46:14 AM

I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.

It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things.

Yeah. But if really needed you might want to withdrew it. Notjing wrong with it. Bitcoin is not really made just to be stucked in your wallet.

Yeah and bitcoin always allows us to convert it to fiat if we are in desperate need of money, but its good to save them for future and spend them when price goes higher.

This is something that inadvertently did when I began with bitcoin, I bought some bitcoin and then for whatever reason I did not spend it right away, then a month later the price had double and I was able to buy more things than I would have been able if I spent my bitcoin right away.

gerXhonza

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Quote from: danherbias07 on August 20, 2016, 09:19:26 AM

Quote from: jakelyson on August 20, 2016, 09:12:52 AM

Quote from: fkvidar on August 19, 2016, 10:46:14 AM

I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.

It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things.

Yeah. But if really needed you might want to withdrew it. Notjing wrong with it. Bitcoin is not really made just to be stucked in your wallet.

Yeah and bitcoin always allows us to convert it to fiat if we are in desperate need of money, but its good to save them for future and spend them when price goes higher.

danherbias07

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Quote from: jakelyson on August 20, 2016, 09:12:52 AM

Quote from: fkvidar on August 19, 2016, 10:46:14 AM

I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.

It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things.

Yeah. But if really needed you might want to withdrew it. Notjing wrong with it. Bitcoin is not really made just to be stucked in your wallet.

jakelyson

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Quote from: fkvidar on August 19, 2016, 10:46:14 AM

I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.

It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things.

deadpoolx

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Quote from: ?? on ??

Quote from: coindancer on August 20, 2016, 05:21:12 AM

Quote from: tampazeus on August 20, 2016, 03:17:14 AM

Quote from: Jasad on August 20, 2016, 02:49:25 AM

Quote from: dmarine on August 20, 2016, 02:19:33 AM

Mainly as an investment, holding for the long term.

why you only make bitcoin as an investment only? what's the reason?
have you ever thinking to consider bitcoin as currency? or digital currency at least?
bitcoin are spendable almost everyhere around the world currently ,
some people even call bitcoin as the future of global currency.

Bitcoin is mainly used as a digital currency and not as a physical currency and that makes people to treat it as an investment and in future when people find direct places to spend they will start using it as a currency.

but in order to see that happening we need to create some demand so places will accept bitcoin.

For me there is already a demand for bitcoin the thing is that the people must adopt it even though the demand is going to be high but still a lot of people is not going to use it as currency then it is going to be wasted. But as of now, I am really using bitcoin as currency since I am paying my bills online with the use of it and as well as holdings like investment.

Yeah, if people use it for merely speculative purposes, this will delay the development of the ecosystem, so it's important to follow your example.

deadpoolx

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I think most people use for both purposes, especially taking into consideration the number of holders expecting the currency to appreciate.

numanoid

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Quote from: dmarine on August 20, 2016, 02:19:33 AM

Mainly as an investment, holding for the long term.

what is the exact time about "long term" you wanna hold your bitcoin? I assumed you're a rich person, so you didn't need bitcoin for your living?
I know a lot of people predict if bitcoin will rise in the future, but it's has a chance for drop too, Bitcoin is unpredictable.

JessicaSe

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Quote from: coindancer on August 20, 2016, 05:21:12 AM

Quote from: tampazeus on August 20, 2016, 03:17:14 AM

Quote from: Jasad on August 20, 2016, 02:49:25 AM

Quote from: dmarine on August 20, 2016, 02:19:33 AM

Mainly as an investment, holding for the long term.

why you only make bitcoin as an investment only? what's the reason?
have you ever thinking to consider bitcoin as currency? or digital currency at least?
bitcoin are spendable almost everyhere around the world currently ,
some people even call bitcoin as the future of global currency.

Bitcoin is mainly used as a digital currency and not as a physical currency and that makes people to treat it as an investment and in future when people find direct places to spend they will start using it as a currency.

but in order to see that happening we need to create some demand so places will accept bitcoin.

Unless people are not made aware about bitcoins it won't be easy that we would be able to spend it easily, merchants will start accepting it only if they hold sound knowledge of it.

coindancer

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Quote from: tampazeus on August 20, 2016, 03:17:14 AM

Quote from: Jasad on August 20, 2016, 02:49:25 AM

Quote from: dmarine on August 20, 2016, 02:19:33 AM

Mainly as an investment, holding for the long term.

why you only make bitcoin as an investment only? what's the reason?
have you ever thinking to consider bitcoin as currency? or digital currency at least?
bitcoin are spendable almost everyhere around the world currently ,
some people even call bitcoin as the future of global currency.

Bitcoin is mainly used as a digital currency and not as a physical currency and that makes people to treat it as an investment and in future when people find direct places to spend they will start using it as a currency.

but in order to see that happening we need to create some demand so places will accept bitcoin.

tampazeus

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Quote from: Jasad on August 20, 2016, 02:49:25 AM

Quote from: dmarine on August 20, 2016, 02:19:33 AM

Mainly as an investment, holding for the long term.

why you only make bitcoin as an investment only? what's the reason?
have you ever thinking to consider bitcoin as currency? or digital currency at least?
bitcoin are spendable almost everyhere around the world currently ,
some people even call bitcoin as the future of global currency.

Bitcoin is mainly used as a digital currency and not as a physical currency and that makes people to treat it as an investment and in future when people find direct places to spend they will start using it as a currency.

Jasad

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Activity: 1414

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= jasad =

Quote from: dmarine on August 20, 2016, 02:19:33 AM

Mainly as an investment, holding for the long term.

why you only make bitcoin as an investment only? what's the reason?
have you ever thinking to consider bitcoin as currency? or digital currency at least?
bitcoin are spendable almost everyhere around the world currently ,
some people even call bitcoin as the future of global currency.

Mr. Big

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Quote from: vindicare on August 20, 2016, 01:53:47 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

It's just fine that you are using it to buy something and using it as a currency, but I think if you are keeping your bitcoin and taking good care of it and saving it and always thinking about its value, I think we could already consider it as an investment, but if you just convert it to fiat immediately, then it's more like a currency...

dmarine

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Mainly as an investment, holding for the long term.

vindicare

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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

Topic: Do you use bitcoin as currency or investment? - page 40. (Read 74627 times)