Do you use bitcoin as currency or investment? - page 44.

serjent05

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Quote from: soros017 on August 16, 2016, 04:29:48 PM

As both, but mainly as an investment, given the fact that there are not many places to use Bitcoin daily.

I do both but at this moment, majority of my BTC is used as currency because all the monthly bills is due so i need to pay them else i wouldn't be online here. As for investment, i tried to use it for day trade, though income isnt that big compared to long time investment but the risk is much lower compared to latter.

Hide_ip112

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Quote from: wxa7115 on August 17, 2016, 11:04:07 AM

Quote from: target on August 17, 2016, 10:20:33 AM

Quote from: Noctis Connor on August 17, 2016, 09:11:21 AM

if i can only vote two because i ofcourse some of us are using bitcoin as a currency to investment or to make trading because some investors are using bitcoin currency too because it is easy to earn money where they can earn more profit my trading or investing their money into another company i like bitcoin, bitcoin currency helps me also with my daily living

I think most of us uses bitcoin as currency and investment as well.
Spending bitcoin is good for the economy for it allows the currency to circulate thus we see its demand.

This is called the velocity of money, we don’t want this to be too fast, because it means everyone is getting rid of their bitcoins and we don’t want this to be too slow, because that means that everyone is holding and not doing anything with their bitcoins. So we need to apply the goldilocks principle, not too hot not to cold.

This will not be a problem for those who do have a belief or an establishment that is strong enough. because it is also not always will we feel and get, so do your best and should be able to control themselves in order not to harm yourself

wxa7115

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Quote from: target on August 17, 2016, 10:20:33 AM

Quote from: Noctis Connor on August 17, 2016, 09:11:21 AM

if i can only vote two because i ofcourse some of us are using bitcoin as a currency to investment or to make trading because some investors are using bitcoin currency too because it is easy to earn money where they can earn more profit my trading or investing their money into another company i like bitcoin, bitcoin currency helps me also with my daily living

I think most of us uses bitcoin as currency and investment as well.
Spending bitcoin is good for the economy for it allows the currency to circulate thus we see its demand.

This is called the velocity of money, we don’t want this to be too fast, because it means everyone is getting rid of their bitcoins and we don’t want this to be too slow, because that means that everyone is holding and not doing anything with their bitcoins. So we need to apply the goldilocks principle, not too hot not to cold.

target

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Quote from: Noctis Connor on August 17, 2016, 09:11:21 AM

if i can only vote two because i ofcourse some of us are using bitcoin as a currency to investment or to make trading because some investors are using bitcoin currency too because it is easy to earn money where they can earn more profit my trading or investing their money into another company i like bitcoin, bitcoin currency helps me also with my daily living

I think most of us uses bitcoin as currency and investment as well.
Spending bitcoin is good for the economy for it allows the currency to circulate thus we see its demand.

Noctis Connor

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if i can only vote two because i ofcourse some of us are using bitcoin as a currency to investment or to make trading because some investors are using bitcoin currency too because it is easy to earn money where they can earn more profit my trading or investing their money into another company i like bitcoin, bitcoin currency helps me also with my daily living

lister storm

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Quote from: Ayoung on August 16, 2016, 06:29:58 AM

Iam use investment
because iam trade to return and growth my money

i use bitcoin just as an investment either because i know that it is going to grow a lot in the near future so i will be able to make some decent money over time

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Quote from: peta4e on August 17, 2016, 07:10:25 AM

Yeah when people started to know that they can make good money with bitcoin so they started to treat it as an investment but I think it should be also used as a currency for its better future.

To become a strong currency, it must be used regularly in the market.

If bitcoin price will become stable, then that's a sign that this currency can considered as a super strong one compare to other fiat currencies.

peta4e

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Quote from: MFahad on August 17, 2016, 07:05:04 AM

Quote from: Doms on August 17, 2016, 04:42:29 AM

The idea is to actively use bitcoin as currency, but as it is right now, there are limited options in which you could transact using your bitcoin, be it in local shops or malls. With that, I treat bitcoin more as an investment rather than a currency. It would be nice if I could find the perfect balance and use both as currency and investment so I could somehow contribute to its growth, even if I have just a small holding.

Actually i think everyone start with bitcoin as a currency, and later on when they got experienced than they utilize the bitcoins in different ways like trading or investment, but investment is easy way so mostly people refer to invest the bitcoins. But i also use the bitcoin in both ways.

Yeah when people started to know that they can make good money with bitcoin so they started to treat it as an investment but I think it should be also used as a currency for its better future.

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Quote from: Doms on August 17, 2016, 04:42:29 AM

The idea is to actively use bitcoin as currency, but as it is right now, there are limited options in which you could transact using your bitcoin, be it in local shops or malls. With that, I treat bitcoin more as an investment rather than a currency. It would be nice if I could find the perfect balance and use both as currency and investment so I could somehow contribute to its growth, even if I have just a small holding.

Actually i think everyone start with bitcoin as a currency, and later on when they got experienced than they utilize the bitcoins in different ways like trading or investment, but investment is easy way so mostly people refer to invest the bitcoins. But i also use the bitcoin in both ways.

Doms

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The idea is to actively use bitcoin as currency, but as it is right now, there are limited options in which you could transact using your bitcoin, be it in local shops or malls. With that, I treat bitcoin more as an investment rather than a currency. It would be nice if I could find the perfect balance and use both as currency and investment so I could somehow contribute to its growth, even if I have just a small holding.

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Quote from: CoinFoxs on August 17, 2016, 04:08:57 AM

Well for me it depends, sometime i use my bitcoins as currency and buy things like food,clothes and going for a outing and yeah i also buy things online using bitcoin. And i also invest bitcoins mostly in trading to earn some more coins and make profit.

Using it in the both sense is the right way to treat your coins, spend it when you feel you purchase something and rest keep safe in wallet to get best returns in future.

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Well for me it depends, sometime i use my bitcoins as currency and buy things like food,clothes and going for a outing and yeah i also buy things online using bitcoin. And i also invest bitcoins mostly in trading to earn some more coins and make profit.

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Quote from: ajun96 on August 16, 2016, 05:32:14 PM

Quote from: Ayoung on August 16, 2016, 06:29:58 AM

Iam use investment
because iam trade to return and growth my money

I also use bitcoin as an investment. I have some of my bitcoin who buy at a low price some time ago and I'm still waiting for the right price.
then I could sell it. and I also use bitcoin as a currency. bitcoin sometimes helps me to buy something in online

The percentage of using it as a currency is low in compare to the investments, as most of the people are seeing it as an potential investment for the future and also there are not many places at a moment to use it as a currency.

blackmachinegun

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Quote from: roby25 on August 11, 2016, 01:08:00 AM

i used bitcoin as currency in my investment but the bad thing i lost my bitcoin.

Lol of course you should know that any investment you do will always risky. so you should be ready with all the possible risks that you will face.
not investing name if there is no risk of loss in it. and do not invest if you do not want to lose and accept the risk

kidoseagle0312

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I used Bitcoin as my investment, It is because I do believe in the near future it will produce me a savings in my pocket. Then if times come that I'm gonna earn bitcoin I will convert it into cash for me to experience to buy something using bitcoins as payment.

ajun96

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Quote from: Ayoung on August 16, 2016, 06:29:58 AM

Iam use investment
because iam trade to return and growth my money

I also use bitcoin as an investment. I have some of my bitcoin who buy at a low price some time ago and I'm still waiting for the right price.
then I could sell it. and I also use bitcoin as a currency. bitcoin sometimes helps me to buy something in online

soros017

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As both, but mainly as an investment, given the fact that there are not many places to use Bitcoin daily.

blackmachinegun

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Quote from: coin_gambler on August 14, 2016, 01:56:09 PM

Quote from: sana54210 on August 12, 2016, 11:12:10 AM

Quote from: eddyubachs on August 12, 2016, 08:39:17 AM

Its mostly investment for me at a moment as I am investing my money on regular basis into it and spend it sometimes if I have to buy some goods online.

Using it as an investment mostly as well since I don't have much of an opportunity to use it as a currency as there are actually no stores nearby where I can spend bitcoins and online bitcoin stores aren't really my thing just yet.

yeah most of the people are holding their money at the moment because they expect bitcoin to grow in the future in order to make some good profit

I think one of the reasons why they are doing the holding is because they could not do spending bitcoin or at least shopping with bitcoin? because to do shopping in bitcoin that included a difficult thing. I do not know how long this will last. but bitcoin will be accepted when the user continues to grow

8Habits

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Quote from: mark coins on August 16, 2016, 06:16:48 AM

Quote from: cluit on August 16, 2016, 06:10:41 AM

Quote from: 8Habits on August 15, 2016, 10:20:20 AM

That is definitely right. We are just all speculating. By speculating with the price of bitcoins, we are basing on current needs and uses of the btc to public and how investors are reacting to it. For me, as long as I enjoy the benifits of bitcoins in all of my transactions, I will hold to it as my sign of BIG suport for it to soar higher in the coming days or months.

I get how some people are speculating on the price increase since some large companies are eyeing to invest and adopt bitcoins into their services. But right now, I just hate the fact that the price is slipping yet again.

No doubt price is going down at a moment but I think we should buy some more coins at this stage as price will be definitely higher in future allowing us to make good profits.

That is right, the price of bitcoins will eventually go high in the coming years. If we just invest and look at bitcoins in a long term period, then we will surely reap nice profits in few years or decades from now. We just hold on and buy more when the price goes down and hold again if the price stabilizes. We can also buy a regular once a month no matter what the price and will only cashout after minimum 5 years.

Ayoung

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Iam use investment
because iam trade to return and growth my money

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