Do you use bitcoin as currency or investment? - page 52.

Strongkored

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Quote from: icecube45 on August 07, 2016, 05:01:51 AM

I use bitcoin as an investment. Because I can benefit easily in bitcoin. I can benefit from utilizing the fluctuation of bitcoin. I'm sure if bitcoin is a benefit to both, there are a lot of ways here that I coud use.

I also use bitcoin as an investment by hold my bitcoin. I also sometimes trading. But because I am still in the learning phase, so occasionally it is often difficult to read the situation and take advantage of price fluctuations. hehe I also use bitcoin to buy goods online.

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I use bitcoin as an investment. Because I can benefit easily in bitcoin. I can benefit from utilizing the fluctuation of bitcoin. I'm sure if bitcoin is a benefit to both, there are a lot of ways here that I coud use.

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Quote from: Bitcotalk on August 05, 2016, 03:19:07 PM

Quote from: Mr.grin on August 05, 2016, 02:56:05 PM

Quote from: eddyubachs on August 05, 2016, 01:40:47 PM

Quote from: StoreBit on August 05, 2016, 01:38:14 PM

Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

yes i am also using bitcoin bitcoin just like other people who are using bitcoin for investment only, the reason is that we have not facilities in our local area to use bitcoin for shopping or for any other purposes, therefore i am using bitcoin for investment only, but i am still hopeful that a time will come when we will be able to use bitcoin for buying every thing using bitcoin,

Yes majority of users are using it as an investment as there are no shops available where we can spend our coins so till that day comes we need to treat it as an investment.

indeed most of the people using bitcoin as an investment tool, it is because they have gained an advantage from it. bitcoin is very suitable for investment, especially if you invest in large quantities. although the price of bitcoin down, you can still make it back by increasing the number of bitcoin do you have a way of trading

sometimes bitcoin becomes a very good investment but sometimes I think it is now taking the shape of like other currencies with good stability, I thin we have to work for making bitcoin as a normal currency and have to work for its stability as there are a lot of altcoins which are much beneficial as investment and to trade with.

I use the bitcoin mainly as an investment. I hold the coins for a few years already. I also spend some coins.

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Quote from: Mr.grin on August 05, 2016, 02:56:05 PM

Quote from: eddyubachs on August 05, 2016, 01:40:47 PM

Quote from: StoreBit on August 05, 2016, 01:38:14 PM

Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

yes i am also using bitcoin bitcoin just like other people who are using bitcoin for investment only, the reason is that we have not facilities in our local area to use bitcoin for shopping or for any other purposes, therefore i am using bitcoin for investment only, but i am still hopeful that a time will come when we will be able to use bitcoin for buying every thing using bitcoin,

Yes majority of users are using it as an investment as there are no shops available where we can spend our coins so till that day comes we need to treat it as an investment.

indeed most of the people using bitcoin as an investment tool, it is because they have gained an advantage from it. bitcoin is very suitable for investment, especially if you invest in large quantities. although the price of bitcoin down, you can still make it back by increasing the number of bitcoin do you have a way of trading

sometimes bitcoin becomes a very good investment but sometimes I think it is now taking the shape of like other currencies with good stability, I thin we have to work for making bitcoin as a normal currency and have to work for its stability as there are a lot of altcoins which are much beneficial as investment and to trade with.

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Quote from: eddyubachs on August 05, 2016, 01:40:47 PM

Quote from: StoreBit on August 05, 2016, 01:38:14 PM

Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

yes i am also using bitcoin bitcoin just like other people who are using bitcoin for investment only, the reason is that we have not facilities in our local area to use bitcoin for shopping or for any other purposes, therefore i am using bitcoin for investment only, but i am still hopeful that a time will come when we will be able to use bitcoin for buying every thing using bitcoin,

Yes majority of users are using it as an investment as there are no shops available where we can spend our coins so till that day comes we need to treat it as an investment.

indeed most of the people using bitcoin as an investment tool, it is because they have gained an advantage from it. bitcoin is very suitable for investment, especially if you invest in large quantities. although the price of bitcoin down, you can still make it back by increasing the number of bitcoin do you have a way of trading

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Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

then it means that you are using bitcoin as an investment alone as you are buying bitcoin only for earning profit as you mentioned and you did not mentioned any shopping with bitcoin not even bought any service with bitcoin.

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Quote from: eddyubachs on August 05, 2016, 01:40:47 PM

Quote from: StoreBit on August 05, 2016, 01:38:14 PM

Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

yes i am also using bitcoin bitcoin just like other people who are using bitcoin for investment only, the reason is that we have not facilities in our local area to use bitcoin for shopping or for any other purposes, therefore i am using bitcoin for investment only, but i am still hopeful that a time will come when we will be able to use bitcoin for buying every thing using bitcoin,

Yes majority of users are using it as an investment as there are no shops available where we can spend our coins so till that day comes we need to treat it as an investment.

I agree with eddyubachs that until stores in your country accept bitcoin as payment, treating bitcoin as investment is the way to go.. In the country I am living right now, stores are not accepting bitcoin and I use bitcoin for exchange, lending, and gambling only.

xJuturna

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I plan to use it for a little of both. Use as a currency is limited to whatever the current exchange rate is but as an investment the possibilities are endless.... well, that is unless it dies. Then I guess the possibilities will end Cry

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Quote from: eddyubachs on August 05, 2016, 01:40:47 PM

Quote from: StoreBit on August 05, 2016, 01:38:14 PM

Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

yes i am also using bitcoin bitcoin just like other people who are using bitcoin for investment only, the reason is that we have not facilities in our local area to use bitcoin for shopping or for any other purposes, therefore i am using bitcoin for investment only, but i am still hopeful that a time will come when we will be able to use bitcoin for buying every thing using bitcoin,

Yes majority of users are using it as an investment as there are no shops available where we can spend our coins so till that day comes we need to treat it as an investment.

But many sites right now are accepting bicoin as payment and i think you can use bitcoin in brazil if you are live there.. 150 stores are accepting bitcoin as payment,

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Quote from: StoreBit on August 05, 2016, 01:38:14 PM

Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

yes i am also using bitcoin bitcoin just like other people who are using bitcoin for investment only, the reason is that we have not facilities in our local area to use bitcoin for shopping or for any other purposes, therefore i am using bitcoin for investment only, but i am still hopeful that a time will come when we will be able to use bitcoin for buying every thing using bitcoin,

Yes majority of users are using it as an investment as there are no shops available where we can spend our coins so till that day comes we need to treat it as an investment.

StoreBit

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Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

yes i am also using bitcoin bitcoin just like other people who are using bitcoin for investment only, the reason is that we have not facilities in our local area to use bitcoin for shopping or for any other purposes, therefore i am using bitcoin for investment only, but i am still hopeful that a time will come when we will be able to use bitcoin for buying every thing using bitcoin,

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Quote from: SAMKUSH on August 05, 2016, 11:38:05 AM

I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

Same thing that I will do. Leaving bitcoin in the wallet and waiting for the price to increase is just wasting lots of opportunity to multiply your money. Making it sleep is not the way it must be. You should trade it actively , by trading altcoin and other increasing stocks. It will give more profit to you.

SAMKUSH

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I use Bitcoin as a currency so I can invest. I don't use Bitcoin as an investment alone, I will trade bitcoins and profit from a price rise as well as any profit made from trading. Although this method is risky I think it is better than simply holding Bitcoin.

bravehearth0319

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Quote from: ABCbits on April 28, 2016, 02:38:18 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 used them both, But majority is investment. I'm doing it because I do believe with this stuff which is bitcoins I can have savings in the near future. Especially if the price goes down I'm gonna take the chance to buy bitcoins. But while Im on trading process I wanna make it grow first so that I have some money that I can use it as payment for the things I want to buy. Wink

mark coins

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I am using it as an both but my primary concern is to use it as an currency but the fact is I am not able to find many places where I can use it as an currency.

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Quote from: JessicaSe on August 05, 2016, 08:37:52 AM

Quote from: BTC Loading on August 05, 2016, 08:06:48 AM

Quote from: ABCbits on April 28, 2016, 02:38:18 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?

Men i use my bitcoin as investment but planing to use it as a currency too in future

Grin

Bitcoin is a currency and it should be used like an currency but the fact is most of the users are treating it as an investment and the only reason behind it is they don't have any scope of spending it at a moment.

You are right, I'll be very happy when or if it is used as a more widespread payment medium. There are clear benefits, its an international currency, clearing is faster than a bank clearing system (at least for me, confirmation takes a few minutes compared to days for my credit card), its also much cheaper than credit card transactions. Problems are that bitcoin is not backed by any government central banks, tax laws are not existing or primitive for BTC transactions and there is the price volatility and security concerns amongst other things. But its still a very new concept and I hope things will progress.

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Quote from: goinmerry on August 04, 2016, 08:52:09 PM

Splendid. I also invested in but just in some wallet website. Now because of what happened with bitfinex I am trying to look for a more trusted exchange site to put all my savings.

if you are from philippines you can choose coins.ph where it easy to exchange bitcoin into peso because it has 2 wallet's to choose and easy to use because they partners in some remitance center where you can withdraw you money if you sell your bitcoins and if you have banks you can deposit your bitcoins into your banks Wink

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Quote from: JessicaSe on August 05, 2016, 08:37:52 AM

Quote from: BTC Loading on August 05, 2016, 08:06:48 AM

Quote from: ABCbits on April 28, 2016, 02:38:18 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?

Men i use my bitcoin as investment but planing to use it as a currency too in future

Grin

Bitcoin is a currency and it should be used like an currency but the fact is most of the users are treating it as an investment and the only reason behind it is they don't have any scope of spending it at a moment.

There will always be people that use BTC as a stock/investment and as pointed out before that's partly because lack of uses (in person of course) for BTC. Once that changes and people use BTC instead of converting to fiat each time, the price of BTC won't rise much anyways because along with that govts will tax on BTC

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Quote from: croutonhexagon on August 05, 2016, 02:59:34 AM

I am Using it as an Investment Because I Am Doing Bitcoin Trading and Sometimes I invest My Bitcoins in Various investment Websites To Earn A Good Income......

Using bitcoin as an investment is good as everyone is looking to make profits from it but you also should use it as a currency to make it more stronger and powerful currency.

Agree and a currency that is being used globally will result for a good and strong currency with best foundation.

And besides, bitcoin was made because of it's currency purposes and not as an investment. We just need to use it as an investment so that it can become popular for other people.

I think bitcoin will become more popular if it is used as a currency and if there are many shops that start accepting bitcoin as a payment then it will draw more attention of people.

Somehow it's true. But people are used to have a same currency traits so it's better for bitcoin that it gained popularity first from investment. Then after establishing it's name as a strong currency, it can be used now purely as a currency like any fiat will do. Also it's unique feature compare to other currency will add some good reason why people must use this currency.

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Quote from: BTC Loading on August 05, 2016, 08:06:48 AM

Quote from: ABCbits on April 28, 2016, 02:38:18 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?

Men i use my bitcoin as investment but planing to use it as a currency too in future

Grin

Bitcoin is a currency and it should be used like an currency but the fact is most of the users are treating it as an investment and the only reason behind it is they don't have any scope of spending it at a moment.

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