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Topic: Do you use bitcoin as currency or investment? - page 57. (Read 74627 times)

legendary
Activity: 3094
Merit: 1127
I do use Bitcoin as a currency because every time I earn btc I immediately exchange it. Into fiat because I would buy my daily needs for my family. So that's why I'm treating Bitcoin as a currency and I have a hard time on saving btc because it's necessary to exchange it to fiat to buy food and other necessities.
legendary
Activity: 3346
Merit: 1134
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I think most of the people use as an investment, because they're waiting to sell at a higher price.
but we are compel to invest only. the reason is that here in mardan we have very little opportunities to use bitcoin in shops or banks therefore we can only invest them for price increase.

But what if you want out? Can you exchange it back in US dollars or your own currency?  If I were to do an investment in a country where it is not accepted it will be hard. Where to buy it? How can I get it back. What if I see the price is so high and want to exchange it first then buy back when it goes low again.
hero member
Activity: 2464
Merit: 594
Currently I treat bitcoin now more on investment because I am still holding my coins and waiting to reach the price I expect, while doing that I am also gathering more Satoshis at the same time. And I know, sooner or later I will use it as a currency through converting to fiat.
sr. member
Activity: 406
Merit: 250
Most of the time i used it as currency by exchanging into fiat but i also have an investment every time i earned in my investment i decide to exchange into fiat and spend it what i want.
full member
Activity: 238
Merit: 100
I Mainly Using Bitcoins as my Investment because I am Trading Altcoins with It and investing it in Hyip Websitses and other Bitcoin Projects But sometimes I Use it as Currency...
sr. member
Activity: 252
Merit: 250
I think most of the people use as an investment, because they're waiting to sell at a higher price.
but we are compel to invest only. the reason is that here in mardan we have very little opportunities to use bitcoin in shops or banks therefore we can only invest them for price increase.
sr. member
Activity: 252
Merit: 250
I think most of the people use as an investment, because they're waiting to sell at a higher price.
yes i think so. actually most of the people have no opportunity of using their bitcoin in the market having few  shops to accept bitcion and therefore most of the people are holding their bitcoins for the price increase.
sr. member
Activity: 588
Merit: 250
I am using in both ways right now, i am trying to earn some money with cloud mining and  also i like to make different purchases online with bitcoins.
member
Activity: 70
Merit: 10
I think most of the people use as an investment, because they're waiting to sell at a higher price.
legendary
Activity: 1400
Merit: 1001
Most of the coins collected should be kept for future to earn higher rewards from it and rest should be spend sometimes in case of any emergency.
But you realize this is never ending process? You will always keep bitcoins and you will be afraid, that sometime in the future bitcoin will be worth much more.
Therefore limiting bitcoin acceptance progress. Companies will see that people are not using bitcoin, so why services like Amazon or Apple Store should introduce BTC payments?
full member
Activity: 181
Merit: 100
pure investment. I hardly spend any of my bitcoin and only if I absolutely have to. I'm basically hoarding as much btc as possible, sadly, not enough at the moment. I think btc will reach much higher prices in the future. but that's only based on how great I think it is. I hate banks/fiat/central banks and how useless and corrupt the whole fiat system is.
legendary
Activity: 840
Merit: 1000
It's Both for me. I'm earning bitcoins as a extra income so I will definitely use it as a currency but I'm considering earning bitcoins for a long time so I'm keeping some for investments


Of course it's good for you, because in addition to bitcoin can be currency. Bitcoin can also give you an advantage which is quite remarkable compared to other currencies. Because the factors that until now you use the bitcoin and so with me. Long term investment for bitcoin is a pretty good plan, because the bitcoin will become famous and currency used by everyone

Most of the coins collected should be kept for future to earn higher rewards from it and rest should be spend sometimes in case of any emergency.
hero member
Activity: 1568
Merit: 502
Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future.
and currency is used for buying and selling good. but what can we do if we have no such facilities in the local market. therefore we are only holding it and can wait for the price increase.

If you are not able to spend it directly then you should sell it and convert it to your local currency and then spend, as the circulation of bitcoin is very important.

No, it is not the real circulation of bitcoin, the real circulation is that where you use your bitcoin for buying services and goods and use bitcoin for all of your transactions, it is actually good for the success of bitcoin, and selling it is not its circulation, but it is its rejection and its dumping.

Bitcoins are still moving even if you dump it for fiat. It is still circulating. And dumpers lowers the price of bitcoin which attracts more pumpers and gives good opportunities for traders to earn money. It is not just services or goods that is good for bitcoin circulation. Sometimes dumping for fiat is good too, imho.


We are living in physical world where every country have there government and it controls their currency. Now in consideration native person of any region cannot produce local currency as that rights are for government only.

But with Bitcoin, which is decentralized virtual digital currency. Which have great exchange rate for fiat currency.
The point is if we are gaining tools that's can really generates money and that can be use for exchange as asked for currency and for investment too. bcz Bitcoin is thing that can be generated by mining.
full member
Activity: 196
Merit: 100
It's Both for me. I'm earning bitcoins as a extra income so I will definitely use it as a currency but I'm considering earning bitcoins for a long time so I'm keeping some for investments


Of course it's good for you, because in addition to bitcoin can be currency. Bitcoin can also give you an advantage which is quite remarkable compared to other currencies. Because the factors that until now you use the bitcoin and so with me. Long term investment for bitcoin is a pretty good plan, because the bitcoin will become famous and currency used by everyone
full member
Activity: 194
Merit: 100
as investment mostly.. but sometimes i spend them online...
sr. member
Activity: 504
Merit: 250
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It's Both for me. I'm earning bitcoins as a extra income so I will definitely use it as a currency but I'm considering earning bitcoins for a long time so I'm keeping some for investments
well i think it counts if you use bitcoins for buying things, then you use it as a currency, right now i think you are only an investor like me
legendary
Activity: 2240
Merit: 1069
Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .

Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future.
and currency is used for buying and selling good. but what can we do if we have no such facilities in the local market. therefore we are only holding it and can wait for the price increase.

If you are not able to spend it directly then you should sell it and convert it to your local currency and then spend, as the circulation of bitcoin is very important.

No, it is not the real circulation of bitcoin, the real circulation is that where you use your bitcoin for buying services and goods and use bitcoin for all of your transactions, it is actually good for the success of bitcoin, and selling it is not its circulation, but it is its rejection and its dumping.

Bitcoins are still moving even if you dump it for fiat. It is still circulating. And dumpers lowers the price of bitcoin which attracts more pumpers and gives good opportunities for traders to earn money. It is not just services or goods that is good for bitcoin circulation. Sometimes dumping for fiat is good too, imho.
hero member
Activity: 1568
Merit: 502
I personally use bitcoin as currency, only for mode of exchange. Most of service related to my business already starts to accept bitcoin payments so its good to use my bitcoins rather than making fiat currency payments. Also Bitcoin give that much security and control over transaction.

And one more thing using Bitcoin itself a investment. Because I have something that can be easily exchanged in to fiat currency, so we can consider it is investment already.
full member
Activity: 140
Merit: 100
iam use bitcoin to investment and can return growth my bitcoin
how to bitcoin growth iam trading altcoin trading bitcoin pair fiat money
iam cloud mining real mining with buy hadware mining
sr. member
Activity: 420
Merit: 250
i use bitcoin for both.
we can all use bitcoin as investment and i think anybody who has ever bought bitcoin or even has ever received bitcoin as a payment and kept it is using it as an investment.
but since using bitcoin as currency is harder because of the rarity of merchants accepting bitcoin, fewer people are using it as currency.

the lack of people taking BTC will shrink over time, soon people will use BTC as both always. For now people are just holding but once the inflation stops I'm sure it'll exist as both.
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