Do you use bitcoin as currency or investment? - page 48.

torrentheaven

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Quote from: agustina2 on August 12, 2016, 09:18:35 AM

Quote from: vero on August 12, 2016, 09:14:45 AM

Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

a lot of people like you who just buy bitcoin and then spend it on something if you not believe if by holding bitcoin can get a profit it's up to you, due to the fact many have earned huge profits simply by holding bitcoin

Yes it is really possible but holding it can't applied to those who are holding only less amount of coins. You can't feel the profit if you are only holding less amount of coins and the time you will spend waiting for your high price increase is really not worth it. Satisify with just $100 or $200 a year earnings??

So if you are not satisfied with your earnings then you should always go for trading by investing the amount that you are holding, and it will allow you to make higher profits.

SamMurphy

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Bitcoin unionhead who's neglecting fiat :)

Both of them are accurate, am using it as a currency but at the same time it's also a nice investment vehicle.

groll

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Quote from: Kotone on August 12, 2016, 08:50:32 AM

Well, both. Im using my bitcoin as a currency in the way that im using it to pay my bills and also to buy some of the things I want. And also as an investment to earn more money by investing it into some of the trading sites online.

Same here. I use them to buy some cellphone loads and sometimes if I earned quite a huge amount I withdraw it to buy some necessity. But I do not make that much like you to pay for bills. Then, I make sure that there would be left so I could use them to buy for more investment.

agustina2

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Quote from: vero on August 12, 2016, 09:14:45 AM

Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

a lot of people like you who just buy bitcoin and then spend it on something if you not believe if by holding bitcoin can get a profit it's up to you, due to the fact many have earned huge profits simply by holding bitcoin

Yes it is really possible but holding it can't applied to those who are holding only less amount of coins. You can't feel the profit if you are only holding less amount of coins and the time you will spend waiting for your high price increase is really not worth it. Satisify with just $100 or $200 a year earnings??

vero

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Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

a lot of people like you who just buy bitcoin and then spend it on something if you not believe if by holding bitcoin can get a profit it's up to you, due to the fact many have earned huge profits simply by holding bitcoin

8Habits

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Quote from: Kotone on August 12, 2016, 08:50:32 AM

Well, both. Im using my bitcoin as a currency in the way that im using it to pay my bills and also to buy some of the things I want. And also as an investment to earn more money by investing it into some of the trading sites online.

This is nice. I am certain (correct me if I am wrong) that you earn a lot of bitcoins every single month because it seems that everything revolves with bitcoin - like: you use it to pay the bills and even invested some of it in some trading sites.

Kotone

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Well, both. Im using my bitcoin as a currency in the way that im using it to pay my bills and also to buy some of the things I want. And also as an investment to earn more money by investing it into some of the trading sites online.

Labumi

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Quote from: eddyubachs on August 12, 2016, 07:39:17 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.

Investment is indeed something very profitable and we also have to be restrained in order to make investments that we do manage to perfectly. All profits in better we use bitcoin with switch fiat and afterwards spend it rather than having to use the bitcoin. For we know that right now this is only a small part of the offline or online stores that accept bitcoin as payment tools

eddyubachs

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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.

8Habits

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Quote from: agustina2 on August 12, 2016, 06:59:11 AM

Quote from: stromma44 on August 12, 2016, 06:39:31 AM

Quote from: ?? on ??

Quote from: 8Habits on August 12, 2016, 05:48:14 AM

Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

Respected that point of yours Btcforall. However, holding bitcoin is not depriving others of winning them at low price - it is just a price of you being smart in holding your coins or fiat money in that matter.

If you just spend and spend then eventually will lose all of your money or bitcoins, if you hold some, then you will have in times of need and may even grow it with its value increasing.

Holding is really a good to consider investment in bitcoin and that's why many people are doing it investment to bitcoin they are holding. And I know since from the beginning of release of bitcoin many people are still holding from their purchase of bitcoin for the last years and for sure they are enjoying now their profit.

Yeah holding it for future is the best thing to do, as bitcoin can be the best investment for the future and at this stage there is not many options to use it as a currency.

And will never be even for many years since in general all are using these as a currency.

Well gonna go with the flow but Im making sure Im using bitcoin sometimes to help those people who are putting effort to make this a strong currency.

That is so good from you agustina2

Me too, I never hesitate to pay bitcoin transaction fees for people that are mining for bitcoins and even supports other ventures that will promote more bitcoins to public.

agustina2

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Quote from: stromma44 on August 12, 2016, 06:39:31 AM

Quote from: ?? on ??

Quote from: 8Habits on August 12, 2016, 05:48:14 AM

Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

Respected that point of yours Btcforall. However, holding bitcoin is not depriving others of winning them at low price - it is just a price of you being smart in holding your coins or fiat money in that matter.

If you just spend and spend then eventually will lose all of your money or bitcoins, if you hold some, then you will have in times of need and may even grow it with its value increasing.

Holding is really a good to consider investment in bitcoin and that's why many people are doing it investment to bitcoin they are holding. And I know since from the beginning of release of bitcoin many people are still holding from their purchase of bitcoin for the last years and for sure they are enjoying now their profit.

Yeah holding it for future is the best thing to do, as bitcoin can be the best investment for the future and at this stage there is not many options to use it as a currency.

And will never be even for many years since in general all are using these as a currency.

Well gonna go with the flow but Im making sure Im using bitcoin sometimes to help those people who are putting effort to make this a strong currency.

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I usually used bitcoin as both of them mostly as investment also every month i pick some alts coin beside bitcoin as investment until now now i am enjoying good profit .

stromma44

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Quote from: ?? on ??

Quote from: 8Habits on August 12, 2016, 05:48:14 AM

Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

Respected that point of yours Btcforall. However, holding bitcoin is not depriving others of winning them at low price - it is just a price of you being smart in holding your coins or fiat money in that matter.

If you just spend and spend then eventually will lose all of your money or bitcoins, if you hold some, then you will have in times of need and may even grow it with its value increasing.

Holding is really a good to consider investment in bitcoin and that's why many people are doing it investment to bitcoin they are holding. And I know since from the beginning of release of bitcoin many people are still holding from their purchase of bitcoin for the last years and for sure they are enjoying now their profit.

Yeah holding it for future is the best thing to do, as bitcoin can be the best investment for the future and at this stage there is not many options to use it as a currency.

agustina2

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Quote from: 8Habits on August 12, 2016, 05:48:14 AM

Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

Respected that point of yours Btcforall. However, holding bitcoin is not depriving others of winning them at low price - it is just a price of you being smart in holding your coins or fiat money in that matter.

If you just spend and spend then eventually will lose all of your money or bitcoins, if you hold some, then you will have in times of need and may even grow it with its value increasing.

Honestly spending bitcoin in regular interval is much better rather than all people will hold their coins. For currency to become strong, it must be used mostly and rotates in the market. If all will just hold, then don't expect bitcoin to be accepted by most of the big merchants out there.

8Habits

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Quote from: ?? on ??

Quote from: 8Habits on August 12, 2016, 05:48:14 AM

Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

Respected that point of yours Btcforall. However, holding bitcoin is not depriving others of winning them at low price - it is just a price of you being smart in holding your coins or fiat money in that matter.

If you just spend and spend then eventually will lose all of your money or bitcoins, if you hold some, then you will have in times of need and may even grow it with its value increasing.

Holding is really a good to consider investment in bitcoin and that's why many people are doing it investment to bitcoin they are holding. And I know since from the beginning of release of bitcoin many people are still holding from their purchase of bitcoin for the last years and for sure they are enjoying now their profit.

I have a partner in my bitcoin venture and we are planning to hold some of our bitcoins up until for our grandchildren. Of course we are not doing it to all of our bitcoins just a part of it.

I just cant imagine how much would the bitcoin worth during that time - it can either be worth so high or can be worthless.

8Habits

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Quote from: Btcforall on August 12, 2016, 05:40:29 AM

I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

Respected that point of yours Btcforall. However, holding bitcoin is not depriving others of winning them at low price - it is just a price of you being smart in holding your coins or fiat money in that matter.

If you just spend and spend then eventually will lose all of your money or bitcoins, if you hold some, then you will have in times of need and may even grow it with its value increasing.

Btcforall

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I consider bitcoin as a currency and I use it like that.I dont believe in holding bitcoin and depriving others of owning them at low price

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Quote from: roby25 on August 11, 2016, 12:08:00 AM

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

But are you sure if you're using bitcoin as currency? but from your sentences is refers you're using bitcoin become your investment and not currency, it's different maybe if you 're using bticoin to buying something.

8Habits

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Quote from: CyberKuro on August 12, 2016, 05:11:30 AM

Quote from: batang_bitcoin on August 12, 2016, 04:55:57 AM

Quote from: An0nym0us on August 12, 2016, 04:23:33 AM

Quote from: Text on August 12, 2016, 02:47:29 AM

It is more on investment now due to lack of either physical or online stores that accept bitcoin. On the other hand, here in our country we are already using BTC as currency through paying bills and mobile load recharge, so it is really big help for us.

Yeah it can be treated both ways, spend it if you are able to and if not then simply save it for the future as bitcoin will be more developed in future allowing us to spend anywhere we want.

Me either, I'm doing the same thing with bitcoin as a currency and as a investment. Because I'm enjoying the service of bitcoin daily with it conveniently by paying the services that I'm availing online and paying them by means of bitcoin. And the product or service that I'm enjoying is also an investment for me.

That's the advantages of bitcoin, I also use btc as currency and Investment.
Nowadays many stores and services that accept bitcoin, so it makes easier for us to online transaction without having to leave home.
Savings bitcoin also an investment, because the high exchange rate and the prices continues to rise.

That is the beauty of bitcoins and many merchants now are adopting bitcoins for their services or products. Just want to says something about currency and investment. Currency refers to fiat money that is not fixed, it constantly changing its value (same is true to bitcoins) so if we see we use it for currency we are really referring to use it like a fiat money. In terms of investment, we place our currency (bitcoin) to investment vehicles hoping that it will beat the future price of a currency.

CyberKuro

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Quote from: batang_bitcoin on August 12, 2016, 04:55:57 AM

Quote from: An0nym0us on August 12, 2016, 04:23:33 AM

Quote from: Text on August 12, 2016, 02:47:29 AM

It is more on investment now due to lack of either physical or online stores that accept bitcoin. On the other hand, here in our country we are already using BTC as currency through paying bills and mobile load recharge, so it is really big help for us.

Yeah it can be treated both ways, spend it if you are able to and if not then simply save it for the future as bitcoin will be more developed in future allowing us to spend anywhere we want.

Me either, I'm doing the same thing with bitcoin as a currency and as a investment. Because I'm enjoying the service of bitcoin daily with it conveniently by paying the services that I'm availing online and paying them by means of bitcoin. And the product or service that I'm enjoying is also an investment for me.

That's the advantages of bitcoin, I also use btc as currency and Investment.
Nowadays many stores and services that accept bitcoin, so it makes easier for us to online transaction without having to leave home.
Savings bitcoin also an investment, because the high exchange rate and the prices continues to rise.

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