Do you use bitcoin as currency or investment? - page 53.

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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?

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

Grin

p_linz

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there isn't a possibility to spend coins in my region, so it is more of an investment then a currency for me :/

umaOuma

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Quote from: agustina2 on August 05, 2016, 07:48:34 AM

Quote from: stromma44 on August 05, 2016, 03:06:08 AM

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.

ImHash

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it has been a few days now I invest as well as using them as currency , trading them and change them to my local currency to use for paying bills and stuff.

agustina2

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Quote from: stromma44 on August 05, 2016, 03:06:08 AM

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.

stromma44

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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.

croutonhexagon

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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......

Jasad

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Quote from: Golftech on August 04, 2016, 07:55:50 PM

Quote from: Jasad on August 04, 2016, 06:59:56 PM

Quote from: bestluck on August 04, 2016, 05:48:22 PM

Quote from: cassino123 on August 02, 2016, 07:06:55 AM

i am using bitcoin for investment only because we have no such facilities to use it in our local markets,

You need to invite all of your friends and family members to adopt bitcoins and also introduce it to your neighbor and with those shopkeepers with whom you have some interaction or friendship so when they will have access to bitcoin and the community around you will use bitcoin then you will be able to use it in your local area and local market.

its not easy as you said inviting people around us to join and build a bitcoin boulevard ,
i really want to treat bitcoin as my primary currency but its not gonna happened until bitcoin ecosystems is strong enough ,
so far people used bitcoin mostly for investment and only few people used it as currency ,
i want to move to netherland!

that's right mate if bitcoin can be dependable it could be easy for us to use it as one of our currency replacing cc i just hope that many people will see it that way like us, making bitcoin not only for investment but using it as their daily currency at all.

at least we have to do an effort to spread bitcoin to the world ,
i hate when people start asking to me about bitcoin and i pretty hard to describe it ,
with a lot of stores accept bitcoin i think i don't need to describing anything ,
they just need to watch and learn on it.

torrentheaven

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Quote from: Text on August 05, 2016, 02:22:18 AM

It is difficult to introduce bitcoin to other people because not all are like us that always connected to internet, or they are not so interest to this. Anyway, here in our country I think we still don't have a shop for bitcoin only a exchange site/app. I want to spend my bitcoin as currency someday.

You can spend it online at a moment, as its really difficult to find any physical shop where we can spend our coins directly as still majority of people are not aware about it.

Text

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It is difficult to introduce bitcoin to other people because not all are like us that always connected to internet, or they are not so interest to this. Anyway, here in our country I think we still don't have a shop for bitcoin only a exchange site/app. I want to spend my bitcoin as currency someday.

Schuyler

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About 90% of my bitcoin is used for investment while the rest are reserved for small spendings like paying bills and buying load credits for my phone. I am holding majority in hope of a long term gain while I also try to buy especially during dips and at the same time earn a little from signature campaign.

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Quote from: Achargeturry78 on August 04, 2016, 08:49:27 PM

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?

as vote for as currency but in real life i use bitcoin as currency and for investment , because i also invest my bitcoin into some trusted website where can i grow my money easily i've always taking the risk and i also use trading where i can also grow my bitcoin not too much but have profit 5% depends on how much i trade , i always change my bitcoin into fiat so that i can use it in real life

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.

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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?

as vote for as currency but in real life i use bitcoin as currency and for investment , because i also invest my bitcoin into some trusted website where can i grow my money easily i've always taking the risk and i also use trading where i can also grow my bitcoin not too much but have profit 5% depends on how much i trade , i always change my bitcoin into fiat so that i can use it in real life

Golftech

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Quote from: Jasad on August 04, 2016, 06:59:56 PM

Quote from: bestluck on August 04, 2016, 05:48:22 PM

Quote from: cassino123 on August 02, 2016, 07:06:55 AM

i am using bitcoin for investment only because we have no such facilities to use it in our local markets,

You need to invite all of your friends and family members to adopt bitcoins and also introduce it to your neighbor and with those shopkeepers with whom you have some interaction or friendship so when they will have access to bitcoin and the community around you will use bitcoin then you will be able to use it in your local area and local market.

its not easy as you said inviting people around us to join and build a bitcoin boulevard ,
i really want to treat bitcoin as my primary currency but its not gonna happened until bitcoin ecosystems is strong enough ,
so far people used bitcoin mostly for investment and only few people used it as currency ,
i want to move to netherland!

that's right mate if bitcoin can be dependable it could be easy for us to use it as one of our currency replacing cc i just hope that many people will see it that way like us, making bitcoin not only for investment but using it as their daily currency at all.

Jasad

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Quote from: bestluck on August 04, 2016, 05:48:22 PM

Quote from: cassino123 on August 02, 2016, 07:06:55 AM

i am using bitcoin for investment only because we have no such facilities to use it in our local markets,

You need to invite all of your friends and family members to adopt bitcoins and also introduce it to your neighbor and with those shopkeepers with whom you have some interaction or friendship so when they will have access to bitcoin and the community around you will use bitcoin then you will be able to use it in your local area and local market.

its not easy as you said inviting people around us to join and build a bitcoin boulevard ,
i really want to treat bitcoin as my primary currency but its not gonna happened until bitcoin ecosystems is strong enough ,
so far people used bitcoin mostly for investment and only few people used it as currency ,
i want to move to netherland!

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Quote from: bestluck on August 04, 2016, 05:48:22 PM

Quote from: cassino123 on August 02, 2016, 07:06:55 AM

i am using bitcoin for investment only because we have no such facilities to use it in our local markets,

You need to invite all of your friends and family members to adopt bitcoins and also introduce it to your neighbor and with those shopkeepers with whom you have some interaction or friendship so when they will have access to bitcoin and the community around you will use bitcoin then you will be able to use it in your local area and local market.

I think it's so difficult to introduce for another person about bitcoin because we know some people it's just wanna receiving a new thing it's already bundling with the legalization, the legitimate has become most important things to make this easier. maybe will appear questions about whether using bitcoin is included in illegal activities for them?

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Quote from: cassino123 on August 02, 2016, 07:06:55 AM

i am using bitcoin for investment only because we have no such facilities to use it in our local markets,

in my country i also dont have any shops for bitcoin and that is a little bit sad as i see that people are still not adopting bitcoins at a fast enough pace

bestluck

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Quote from: cassino123 on August 02, 2016, 07:06:55 AM

i am using bitcoin for investment only because we have no such facilities to use it in our local markets,

You need to invite all of your friends and family members to adopt bitcoins and also introduce it to your neighbor and with those shopkeepers with whom you have some interaction or friendship so when they will have access to bitcoin and the community around you will use bitcoin then you will be able to use it in your local area and local market.

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Quote from: sahara4u on August 02, 2016, 06:46:21 AM

i personally use bitcoin for both purposes, as investment and for buying something, we have some stores in our area where the shopkeepers accept bitcoin.

Well bitcoin is really created for both purposes for currency and investment it is really a good type of both for us.
It is really making us to be more comfortable and convenient in using it. I know in the future people are going to rely on both of it.

yeah bitcoin can be used for any activities, including investment and as currency? there is no prohibition to use bitcoin as a currency and as an investment. it would be good for bitcoin if bitcoin used for various purposes. yeah I also invest in bitcoin and I also sometimes engage bitcoin to spending

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Quote from: Text on August 04, 2016, 08:59:56 AM

I usually treat bitcoin as investment because I save it, hold and keep it growing. My primary purpose here is to make profits. But I know later on I will use it as a currency through exchanging to fiat and spend to the goods I wanted.

yes that is the strategy of most of the people that they use bitcoin as investment and not for trading or using it, it is my wish to use bitcoin at least for one time in local market for buying things to know that how does it feels, actually we have very rear opportunities of using bitcoin in our daily life in local markets because most of the shopkeepers have no idea about bitcoin therefore they do not accept bitcoin in their shops.

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