Do you use bitcoin as currency or investment? - page 61.

lienfaye

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Quote from: bravehearth0319 on July 16, 2016, 05:57:32 AM

I used Bitcoins as currency and investment in my daily routine in life.
That's the good things about Bitcoins very flexible, we can use it as mode of payment online shopping, Billings, and transfer money and etc.

Thats right, i used bitcoin also for that purposes. it has so many uses and that is the good thing about bitcoin. you will able to use it to earn and as currency.

iqlimasyadiqa

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I use both. when it became the currency bitcoin then I used to buy my various needs. and when used for investment then I use to trade bitcoin. do not forget, I'm also using bitcoin to buy gold in the real world as a form of long-term investment.

fulgdenea

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I am using bitcoin for both it is very wise investment if we had some coins from last year, for my online needs it is doing wonderful job like a very secure digital currency, I can use bitcoin without any limit or restriction, bitcoin for me investment and currency.

bravehearth0319

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I used Bitcoins as currency and investment in my daily routine in life.
That's the good things about Bitcoins very flexible, we can use it as mode of payment online shopping, Billings, and transfer money and etc.

avikz

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I use bitcoin purely as investment and I think I am doing an wise thing. Because bitcoin has the power to make few of my dreams come true and I am slowly and steadily heading toward that.

Bitcoin price is dynamic and has the capability to go up to any number. I expect that bitcoin price will go up to $2500 within next 3 years. Waiting for that!

Capradina

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Quote from: hase0278 on July 16, 2016, 05:09:36 AM

Well for me it is both. I use my bitcoin to invest in many sites and do altcoin trading, and bitcoin to fiat trading and many more things where my bitcoin can profit. I also use bitcoin for online shopping. It is great to use and because of it I don't need any credit card at all. But if you'll ask me what I always use, I guess I always use bitcoin for investment to earn and profit.

I am very interested of all plans and the steps you took to get the advantage in the bitcoin. But I doubt your calculation in investing in various sites, which could have been from one of the sites using the system the hype/ponzi, etc. that could harm you. so look at the reworked some of the sites that you have used to invest, to ensure the security

tyz

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Voted for the third option. I use it for both. I use the bigger part as investment (80-90%). The rest is used as "currency", meaning I use it to buy mainly digital assets or services. I would also use it offline in cafes or restaurants but in my area there are still no or less shops accepting Bitcoin.

hase0278

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For me it is both. I use my bitcoin to invest in many sites and do altcoin trading, and bitcoin to fiat trading and many more things where my bitcoin can profit. I also use bitcoin for online shopping. It is great to use and because of it I don't need any credit card at all. But if you'll ask me what I always use, I guess I always use bitcoin for investment to earn and profit.

PeRo

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Defend Bitcoin and its PoW: bitcoincleanup.com

At the moment, I am using it only as a currency, but as I don't get much money in Bitcoin( only signature campaigns and services), I will probably use it as an investment in the near future, too. I will probably invest like 60% or so and leave the rest 40% for spending on something or save the Bitcoins for something more expensive or just save money. So, I will use it as both, very soon.

KingdomHearts

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Quote from: Maesters1- on July 15, 2016, 10:49:59 AM

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Quote from: Almagro on July 15, 2016, 08:57:23 AM

Mostly as investment, it is nice to have something not following stock market, and maybe can be hidden from some agency, if you know what I mean ....

I know what you mean there almagro. And it is really good to have investments with bitcoin. But it is really not just a good investment at all.
But a currency as well.
Because you can buy anything now with bitcoin with thousands of merchants all around the world.

still not possible in so many areas. specially in our area i am not finding a single place in my country where i can use bitcoin directly without converting it into other currency.

you are right bitcoin still not possible in so many country for using it directly, and there are so many people convert it into fiat then use it to directly but i hope so we will soon get a facility to receive bitcoin in anywhere like in shopping center , restaurant , hospital and other companies .

ajun96

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Quote from: rio3233 on July 15, 2016, 12:47:37 PM

I use bitcoin as currency, because i do some trasactions by using bitcoin and i also use bitcoin for gambling here. For investment, i'm not find a good reason for bitcoin.

maybe people are more often spending their bitcoin to gambling or to other sites. which means that people using bitcoin as a currency. but I think a lot of people also use bitcoin to trade or just to hold it alone. I think there are a lot of people are also investing in bitcoin

crairezx20

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Quote from: rio3233 on July 15, 2016, 12:47:37 PM

I use bitcoin as currency, because i do some trasactions by using bitcoin and i also use bitcoin for gambling here. For investment, i'm not find a good reason for bitcoin.

Well we are not the same but for me i use bitcoin too in investment.. which is blogging and put some faucet inside the word press it may help to increase the visitors.. i invest some bitcoin in my blog which is it can help in the future to have a passive income depends how many visitors will go in my website..

ausbit

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Quote from: Almagro on July 15, 2016, 08:57:23 AM

Mostly as investment, it is nice to have something not following stock market, and maybe can be hidden from some agency, if you know what I mean ....

I would have to say the same. I use most of my bitcoins as an investment, although I feel a little bad since bitcoin is some sort of a way for me to avoid taxes for now. I use around 20% of my coins as currency though, since I also want to buy stuff with my bitcoins.

SirLancelot

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Quote from: fkvidar on July 07, 2016, 02:03:04 AM

Quote from: langedwig on July 07, 2016, 01:43:05 AM

Quote from: Text on July 07, 2016, 12:29:19 AM

At this moment, I'm investing my bitcoins but I know later on I will sell them on the right time that I can able to make profit. It is hard to make this as currency with a small amount, you need to gather more satoshis so you can save those charges and fees.

As said, for now i use the btc for investment and once i see a good rise in value and find it is reasonable i will exchange the btc to my currency and use for my daily expense.

Everyone is treating bitcoin as an investment to earn profits from it but that is actually bad for the future of bitcoins, as it should be used as a currency and should be spent regularly which will take its price to higher level in future.

Actually those who are using bitcoins a investment are also using it as a currency, because bitcoins is a currency and we can not invest something that is not a currency anywhere because no one will accept something like that.

I know I might sound weird but actually trying to explain my view.

btcking101

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Quote from: rio3233 on July 15, 2016, 12:47:37 PM

I use bitcoin as currency, because i do some trasactions by using bitcoin and i also use bitcoin for gambling here. For investment, i'm not find a good reason for bitcoin.

i also treat it as a normal money i.e as a currency because i dont have that much bitcoins to use be able to use them as investment. I earn only some small amounts to normally i do gambling with them whenever i win big i withdraw them to fiat and start off again.

rio3233

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I use bitcoin as currency, because i do some trasactions by using bitcoin and i also use bitcoin for gambling here. For investment, i'm not find a good reason for bitcoin.

ubitcoin

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Quote from: dinda22 on July 14, 2016, 05:16:21 AM

I use bitcoin more as an investment medium, because I really do not use as currency. because it is still difficult and rare to find a store to accept bitcoin at my place.

I use bitcoin as an investment medium as well, but I use them more often as a currency. Correct me if I'm wrong though, but I don't think it's actually healthy for bitcoins to be held for a really-long-term because if people don't spend bitcoins, then bitcoin wouldn't grow.

I just referenced that from a different quote but still.
The bitcoin economy may have a better chance of growing if more coins are in the active circulation.

Cresciuanto

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Quote from: nururochac on July 15, 2016, 09:48:25 AM

Quote from: 20kevin20 on July 15, 2016, 05:30:43 AM

A bit of both, mostly for investment... However, I don't invest money, lol. But I might plan to invest the money I got in my BTC account in some business. As a currency.. Hmmm, in my country it's pretty hard to use it as a currency. I think we got just a few companies or restaurants accepting Bitcoin in the whole country.

What do you mean invest by money? You mean depositing it in banks? If yes then don't, banks will let your money go to inflation and making you lose more rather than earning.

i think ivestment does't mean that to deposit in banks. but it means to do some kind of business using bitcoin. mean to use it for income and not to use it for your needs. so i think most of the poeple are investing bitcoin for more income.

Maesters1-

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Quote from: Almagro on July 15, 2016, 08:57:23 AM

Mostly as investment, it is nice to have something not following stock market, and maybe can be hidden from some agency, if you know what I mean ....

I know what you mean there almagro. And it is really good to have investments with bitcoin. But it is really not just a good investment at all.
But a currency as well.
Because you can buy anything now with bitcoin with thousands of merchants all around the world.

still not possible in so many areas. specially in our area i am not finding a single place in my country where i can use bitcoin directly without converting it into other currency.

agustina2

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Quote from: ?? on ??

Quote from: Almagro on July 15, 2016, 08:57:23 AM

Mostly as investment, it is nice to have something not following stock market, and maybe can be hidden from some agency, if you know what I mean ....

I know what you mean there almagro. And it is really good to have investments with bitcoin. But it is really not just a good investment at all.
But a currency as well.
Because you can buy anything now with bitcoin with thousands of merchants all around the world.

Well people tend to use their fiat to take care of their regular spending to their things like.

Bitcoin's role to them is to take care of whatever possible profits they can get if they are using it as an investment.

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