Do you use bitcoin as currency or investment? - page 64.

Hide_ip112

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Quote from: Dassi on July 14, 2016, 04:58:37 AM

I primarily see bitcoins as an investment, something to trade with and generate some fiat...

The investment is much better for the long term and you can feel the benefits in the future. The investment will have no effect for those who hastily wish to benefit. So if you love investing investment learn then it is in, in order to gain a good

Bitcoinbro

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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.

Doamader

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Im using bitcoin for pay for services, sometimes i hold bitcoin to get a better value along the day to make the purchase from the item i wanna for less coins. I use bitcoin as both ways, as im doing everything online with it, playing some games boost packs, and purchasing something i wanna or need.

ardentvolcanoes

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It is much better to choose both currency and investment , we will never prevent ourselves of using and spending bitcoin because of our needs and theres nothing wrong with it . Making an investment with bitcoin would be very much great and it would be exciting if you would have a profit from it . I suggest not to choose only one either it is a currency or it is a investment , bitcoin is actually a currency but a decentralized digital currency and also it is very suitable for investment .

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Only countable number of stores accept bitcoin as a currency for the products and services provided. For this reason most of the time will convert to fiat and do buying. Most likely I consider it as a big investment and earning source than using it as a currency.

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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.

Yeah its hard to find many shops accepting bitcoin as a payment method, so majority of coins are saved in wallet and I sell some of them if I am in urgent need of money.

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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 see it as a currency not like what you use them for. I actually get myself some bitcoin to buy altcoins and trade it to produce more BTC and buy it again. Once I gathered enough to buy something online, i never hessitate to use it to buy stuff. Or if I need money, I encash it to use in my everyday life.

dinda22

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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.

Golftech

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Quote from: SquallLeonhart on July 14, 2016, 04:59:53 AM

Quote from: redsun114 on July 14, 2016, 04:44:23 AM

Quote from: gentlemand on July 13, 2016, 05:26:00 PM

Bit of both but primarily investment for me. I think that's how it's going to end up for most people. The currency bit comes after it's been established as a store of value cum investment.

Yes it is both for me too. Since it's price fluctuate every now and then, and most of the time it increases, it is good to hold btc as investment to use as currency later. But if everyone does that and doesn't use bitcoins then it's price won't increase, I am scared.

The primary purpose of users should be to use it as a currency, if people will not spend it and use it as a currency then the price of bitcoin will not go higher in future.

yes indeed we should keep using it and invite more investors to attract the more we use it as a currency the more the price will increase and the more attention will be gathered i think both is okay because whenever we use bitcoin as a currency we are also investing for it to be more popular and be used and chain reaction will come price will increase after.

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Quote from: redsun114 on July 14, 2016, 04:44:23 AM

Quote from: gentlemand on July 13, 2016, 05:26:00 PM

Bit of both but primarily investment for me. I think that's how it's going to end up for most people. The currency bit comes after it's been established as a store of value cum investment.

Yes it is both for me too. Since it's price fluctuate every now and then, and most of the time it increases, it is good to hold btc as investment to use as currency later. But if everyone does that and doesn't use bitcoins then it's price won't increase, I am scared.

The primary purpose of users should be to use it as a currency, if people will not spend it and use it as a currency then the price of bitcoin will not go higher in future.

Dassi

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I primarily see bitcoins as an investment, something to trade with and generate some fiat...

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Quote from: Text on July 14, 2016, 02:41:15 AM

Well investing to gambling is not really recommended. Anyway, I primarily treat bitcoin as an investment due to the fact that I'm not able to sell it until it didn't reach the $750-$780 again. I'm not worrying about it because I know the price would increase since the halving has already started.

We can't call put the money in gambling is an investment because it can be lost at any time. the investment means savings some money or assets with expectations will get some profits someday... but let's see about the price of bitcoin after halving.. you're true the price would increase but by slowly.

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I would like to use it as an investment but currently I don’t have a lot of it to make much difference.

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Quote from: gentlemand on July 13, 2016, 05:26:00 PM

Bit of both but primarily investment for me. I think that's how it's going to end up for most people. The currency bit comes after it's been established as a store of value cum investment.

Yes it is both for me too. Since it's price fluctuate every now and then, and most of the time it increases, it is good to hold btc as investment to use as currency later. But if everyone does that and doesn't use bitcoins then it's price won't increase, I am scared.

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Quote from: Dr.Osh on July 14, 2016, 04:25:33 AM

Quote from: LightPulsar07 on July 14, 2016, 03:43:46 AM

Yes I use bitcoin as a currency for buying some goods and in game goods in bitcoin accepted stores
and I store bitcoins for investments and also for future purposes.

Well, I also sometimes use it to buy something. so many people who see bitcoin as a currency and as an investment tool. I also saw bitcoin as both. I guess because bitcoin really has that potential. but the best thing you can do bitcoin is as an investment tool, because with that advantage, so many people using bitcoin as their livelihood

In my mind, I am thinking that I use bitcoin as an investment but what I actually doing is using it as currency - I usually exchange only 2 cryptocurrency: bitcoin and doge. I sell doge for btc when doge is high and I buy doge with btc when the doge price is low - my profit is the difference of high and low price of doge.

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Quote from: LightPulsar07 on July 14, 2016, 03:43:46 AM

Yes I use bitcoin as a currency for buying some goods and in game goods in bitcoin accepted stores
and I store bitcoins for investments and also for future purposes.

Well, I also sometimes use it to buy something. so many people who see bitcoin as a currency and as an investment tool. I also saw bitcoin as both. I guess because bitcoin really has that potential. but the best thing you can do bitcoin is as an investment tool, because with that advantage, so many people using bitcoin as their livelihood

Betwrong

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Quote from: LightPulsar07 on July 14, 2016, 03:43:46 AM

Yes I use bitcoin as a currency for buying some goods and in game goods in bitcoin accepted stores
and I store bitcoins for investments and also for future purposes.

Yes, I also voted for "Both of them" although it's still pretty hard to buy things with Bitcoin where I live. So Bitcoin is mostly an investment to me, and it's a pretty good one I must add.

MinerHQ

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I will use Bitcoin as a currency. I don't have trust in investment. So whenever the Bitcoin price increases and it is worthful for me, iThanI will sell my Bitcoin and make some money. In my country no shoppes and no online sites can accept this Bitcoin as a legal currency, So I will sell my coins and make some profit.

LightPulsar07

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Yes I use bitcoin as a currency for buying some goods and in game goods in bitcoin accepted stores
and I store bitcoins for investments and also for future purposes.

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Quote from: Enotche on July 07, 2016, 12:51:30 AM

In comparison with traditional investment it is perhaps one of the most interesting aspects of digital currency - the chance to stay in the end to win here are higher. Perhaps for me at the momet Bitcoin is an investment tool.

You are right soon bitcoins will be very high valued asset. that being said I am a active spender of bitcoins and often use it for gambling so for me it is a currency and I never tried to invest too much with bitcoins, because for investing I have fiat and local people.

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