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Topic: Do you use bitcoin as currency or investment? - page 63. (Read 74630 times)

sr. member
Activity: 378
Merit: 251
I am using bitcoin as currency, i am not so experienced enough to make and investments nowdays, for me much better just using bitcoins now.
hero member
Activity: 938
Merit: 1000
For now it's an investment, and I think this should be the case for everyone when you put your money in an "under development" project. If the investment is successful and btc gets worldwide adopted while being interactive with the real world, then that's when I'll use them as a currency.

I think you should also use it as a currency, as rotation of bitcoin is necessary for the bright future of bitcoin, if nobody will spend then it will definitely affect its price.
newbie
Activity: 59
Merit: 0
For now it's an investment, and I think this should be the case for everyone when you put your money in an "under development" project. If the investment is successful and btc gets worldwide adopted while being interactive with the real world, then that's when I'll use them as a currency.
legendary
Activity: 840
Merit: 1000
Yes most of us use it as a currency and actually we can also use it as both because you can invest something which is accepted by others and hence bitcoins act as a medium for it.

No it's not what you think. Most of people using it as an investment that's why we have a price like this today.

If most of people will use this as a currency, then the price will now be stable and at the same no more active trades will be happen.

Exactly price is stable only because there is no movement in market, majority of people are holding their coins for price rise, if people would use it as a currency then we would be seeing much higher price by now.
legendary
Activity: 2436
Merit: 1008
Yes most of us use it as a currency and actually we can also use it as both because you can invest something which is accepted by others and hence bitcoins act as a medium for it.

No it's not what you think. Most of people using it as an investment that's why we have a price like this today.

If most of people will use this as a currency, then the price will now be stable and at the same no more active trades will be happen.
sr. member
Activity: 420
Merit: 250
These days it's mostly as an investment opportunity. Lack of shops makes it this way. Thing is I am not a international shopper, mostly local things and close to 0 (read ) shops where I do my shopping accept it, let alone know about it.

If that would change I will use it for both.
legendary
Activity: 1330
Merit: 1019
I use it as a currency to get what I want right now.
Maybe that will change in the future but that is what my standard is for now.

I also use it as a currency because you can buy all kind of things with the bitcoin and they are mostly also cheaper.
As example you got some games here in digital goods that are way cheaper than on steam.
Yes most of us use it as a currency and actually we can also use it as both because you can invest something which is accepted by others and hence bitcoins act as a medium for it.
full member
Activity: 126
Merit: 100
I make use of both options sometimes I spend some Bitcoin on food because where I am from you can order food with them which is pretty handy.
I also make use of them as an investment so that I can make money with them in the future.
but we have only one option and that is to hold our bitcoin for the price increase or to change it in to fiat currency when feel the need. but we cannot use bitcoin as a fiat currency in our shops or other places.

Even if you cannot used it directly you always have an choice of converting it to fiat and use it, as for the better future of bitcoin we should use it regularly as a currency.
I used bitcoin mainly as an investment, its more profitable than investing in dollars and i can do the transansaction easily
And as i used it for a longer time there are so many shop accepting bitcoin so i also used it as a payment, so in other words i used it for currency and as investment.
legendary
Activity: 2086
Merit: 1058
I make use of both options sometimes I spend some Bitcoin on food because where I am from you can order food with them which is pretty handy.
I also make use of them as an investment so that I can make money with them in the future.
but we have only one option and that is to hold our bitcoin for the price increase or to change it in to fiat currency when feel the need. but we cannot use bitcoin as a fiat currency in our shops or other places.

Even if you cannot used it directly you always have an choice of converting it to fiat and use it, as for the better future of bitcoin we should use it regularly as a currency.
legendary
Activity: 1148
Merit: 1048
Both, but primarily as an investment. There isn't a whole lot you can spend bitcoin on at the moment besides consumer goods, which I do, but I have spent fiat to purchase bitcoin in an attempt to speculate on the price. Also, it makes a great savings account for the aforementioned reasons.

Unless you have a gambling problem, I guess.
sr. member
Activity: 252
Merit: 250
I make use of both options sometimes I spend some Bitcoin on food because where I am from you can order food with them which is pretty handy.
I also make use of them as an investment so that I can make money with them in the future.
but we have only one option and that is to hold our bitcoin for the price increase or to change it in to fiat currency when feel the need. but we cannot use bitcoin as a fiat currency in our shops or other places.
legendary
Activity: 1204
Merit: 1000
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 use bitcoin for both of them, as a currency because I'm able to deal online without to worry about transactions delays, limit on bitcoin amounts etc.
At the other side I consider bitcoin as an investment too because the fact that I'm holding bitcoin means that I'm investing in it.
legendary
Activity: 1372
Merit: 1005
I mostly use my Bitcoins as both an investment and as cash, but mostly I get paid in bitcoin and usually sell my bitcoin straight away. When the price of Bitcoin is rising however, i prefer to hold onto my bitcoin and sell when the price is high. When it peaks, I sell and end up with a bit of money.


Even I use Bitcoin as an investment like so many other people do. I sometimes buy Bitcoins and sell them when the price is higher so I can make a profit.
But like most people I hold on to my Bitcoins for the future prices.
full member
Activity: 238
Merit: 100
I mostly use my Bitcoins as both an investment and as cash, but mostly I get paid in bitcoin and usually sell my bitcoin straight away. When the price of Bitcoin is rising however, i prefer to hold onto my bitcoin and sell when the price is high. When it peaks, I sell and end up with a bit of money.
sr. member
Activity: 252
Merit: 250
I am using Bitcoin as investment because now a days halving is over and there is chances of price according to experts.... Grin
i am also thinking so. i am hoping that in next few months the price of bitcoin will cross the 12USD very easily. therefore i am also holding bitcoin for the price increase.
sr. member
Activity: 322
Merit: 250
I am using Bitcoin as investment because now a days halving is over and there is chances of price according to experts.... Grin
sr. member
Activity: 434
Merit: 250
If I find some good offer online for shopping then I prefer to use it as a currency and rest I am putting it safe for the future to earn good returns on investments.

I use bitcoin as currency and investment. Though I have never invested a single dollar in it. All I invested are my earnings from the games and rounds and signature campaigns I joined in. In a sense, what I invested in bitcon is my time and effort. Part of my earnings I hold and the other half I spend either online or converted to fiat.
hero member
Activity: 759
Merit: 502
If I find some good offer online for shopping then I prefer to use it as a currency and rest I am putting it safe for the future to earn good returns on investments.
hero member
Activity: 1260
Merit: 524
I use both the option because i consider bitcoin as gold and most of them keep gold as investment and in emergency they can liquidate fast. Bitcoin is good for investment also because day by day as most of them are implementing bitcoin in their daily life the price will go up only.
newbie
Activity: 62
Merit: 0
Bitcoin is both investment and currency for me. I hold most of the coins as investment. I use some as currency.
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