Do you use bitcoin as currency or investment? - page 67.

Imoote

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Quote from: ABCbits on April 28, 2016, 03:38:18 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?

I use bitcoin as both currency and investment. I often invest bitcoin in order to increase profits and I also use bitcoin as a currency if I want to buy something.

Junko

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If you count gambling and playing poker with bitcoin as using it as currency, then both. I don't sell any of the bitcoins I get, I just keep buying when I can and however I accumulate them I justs hodls them. If I want to spend, I just use fiat.

JeffBrad12

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Quote from: ASHLIUSZ on July 02, 2016, 09:55:43 AM

Quote from: plost24 on July 02, 2016, 07:43:15 AM

i use bitcoin for both currency and investment , i use bitcoin to buy some digital needs that my work demanded to have or some others like shopping or anything i need to buy and saving some bitcoin and waiting for bitcoin price to grow to start using them.
i don't like saving money i want always to live the day like it is the last i don't really like holding.

We can use bitcoin in many stores, both online and offline. For me it's not purely an investment, I will spend it at some point and if not I will hold bitcoin for price rise.

Are serious is too rarely to find an online store or offline store can accept bitcoin in my environment, maybe it's easy in your region but different for me.
at bitcoin it's not purely an investment, have some usefulness in there. but all of it is relies on the owner, what there is want to use bitcoin. but in the different section I holding my bitcoin too.

23dzmaz

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I also use bitcoin for an investment, because i heard many speculation that say the price of bitcoin will increase so high because the halving and i invest around 3 bitcoins, the result is quite good for now.

tomahawk9

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As an invesment, I've been making some profit from it for quite a while. However, i've been able to use it as a currency sometimes to buy digital goods and whatnot.

buck2champ

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I use bitcoin as an investment. I hodl some btc and try to trade another amount of them. Although in the future as btc becomes mainstream I plan to use it as a currency. For now let's say I build my wallet.

rekinthis

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Quote from: ABCbits on April 28, 2016, 03:38:18 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?

actually, i use bitcoin as both, i buy them when they are cheap and sell some when they are expensive sometimes, so i get profit from them so i can say that i use bitcoins as investment

but i also use bitcoins as a currency often, i pay with them everywhere where i can and i send them to my friends sometimes too so i also use it as currency

justdimin

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Quote from: jossiel on July 01, 2016, 08:53:47 AM

Quote from: adibe on July 01, 2016, 02:35:41 AM

I use bitcoin for both as currency and investment. I invest my real money into bitcoin and save some bitcoins until the halving come and i use bitcoin for paying some transaction online.

Me either I'm using bitcoin as a currency and investment. As a currency as I can buy prepaid loads online with the use of it and send payments to the people I'm transacting.
And as an investment as I'm holding out few bitcoins in my wallet.

At the very least, mostly everyone is using bitcoin as both currency and investment.
I am not saying literally every bitcoin user because I know there will be some special ones who'd dare say that they aren't.

nururochac

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Quote from: ABCbits on April 28, 2016, 03:38:18 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?

I choose both because making it as a currency will circulate the coin and that's a good thing for the coin because the coin is being regulate. I also use it as an investment because it will benefit me profit and that's a good thing for me. So to sum it up, I use it as a currency to benefit the coin and I use it as an investment to benefit myself.

talkbitcoin

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Quote from: qiman on July 02, 2016, 10:17:18 AM

At the moment both because we need to earn bitcoin for a living so then we use it to pay for goods and services and survival. If there is any left then we can keep as a store of wealth or asset.

may i ask what you do to earn bitcoin to earn enough for a living?

Quote

I would like to travel around different countries eventually paying for my ticket in bitcoin. It's something we talk about a lot in our family.

this sounds great, and i was talking about this with my friend the other day that bitcoin is the best thing to have when you want to travel to another country (or even around the world) because it can be used easily without the need to convert your money to that country's fiat.

2legit2

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Quote from: Crazygreek on July 02, 2016, 09:53:41 AM

Mostly i am using my coins as currency cause i don't like invest bitcoins, i am using other ways to earn money, like trading and also i am gamble for fun.

i use my bitcoins as a currency too, i think it is a really great currency because it is really easy to use and it does not require any efforts and putting money to banks

i also use it as an investment option right now, i honestly believe that in the near future the price is going to go up at a very rapid pace consequently making me profit

qiman

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At the moment both because we need to earn bitcoin for a living so then we use it to pay for goods and services and survival. If there is any left then we can keep as a store of wealth or asset. I would like to travel around different countries eventually paying for my ticket in bitcoin. It's something we talk about a lot in our family.

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Quote from: Crazygreek on July 02, 2016, 09:53:41 AM

Mostly i am using my coins as currency cause i don't like invest bitcoins, i am using other ways to earn money, like trading and also i am gamble for fun.

Well we are not the same but i will choose it both investment and currency because if you invest your money in bitcoin you are gaining a profit right now and you can gain a benefits while the price of bitcoin is gradually increasing.. because of block halving. and i use bitcoin as currency because some store are accepting bitcoin like buying domain and hosting,..

ASHLIUSZ

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Quote from: plost24 on July 02, 2016, 07:43:15 AM

i use bitcoin for both currency and investment , i use bitcoin to buy some digital needs that my work demanded to have or some others like shopping or anything i need to buy and saving some bitcoin and waiting for bitcoin price to grow to start using them.
i don't like saving money i want always to live the day like it is the last i don't really like holding.

We can use bitcoin in many stores, both online and offline. For me it's not purely an investment, I will spend it at some point and if not I will hold bitcoin for price rise.

Crazygreek

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Mostly i am using my coins as currency cause i don't like invest bitcoins, i am using other ways to earn money, like trading and also i am gamble for fun.

plost24

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i use bitcoin for both currency and investment , i use bitcoin to buy some digital needs that my work demanded to have or some others like shopping or anything i need to buy and saving some bitcoin and waiting for bitcoin price to grow to start using them.
i don't like saving money i want always to live the day like it is the last i don't really like holding.

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Quote from: OrangeII on July 02, 2016, 05:33:25 AM

Quote from: Indrawan77 on July 02, 2016, 01:19:44 AM

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

I actually saw bitcoin as a currency, but because its function is mostly used for investment, so I use it as an investment tool, and until today bitcoin always give the best results

Majority of people started their journey with bitcoin as an currency but after looking at its potential of giving profits in short as well as long term, they changed their minds and started to take it as an investment.

OrangeII

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Quote from: Indrawan77 on July 02, 2016, 01:19:44 AM

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

I actually saw bitcoin as a currency, but because its function is mostly used for investment, so I use it as an investment tool, and until today bitcoin always give the best results

TastyChillySauce00

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Quote from: Cresciuanto on July 02, 2016, 05:12:19 AM

Quote from: bitcoinisfurture on July 02, 2016, 01:39:20 AM

There are various roles and depend upon the situation and businesses it varies. The best part is that you can get it quickly and transfer to anybody instant. But stability of price and its durability in future is still unknown as different countries have different policy world wide for cyptocurrency.

but here in our state there is no such policy about crypto currency. but hope that time will come when they must take a positive step about bitcoin. i think that the time is not too far now. when we will also deal in our state in bitcoin currency.

since so many country in the world still put bitcoin between legal and illegal there's no specific policy or regulation about it,and policy wouldn't affect to bitcoin's price nor its durability,bitcoin price came from world wide trading activities not from one country

Cresciuanto

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Quote from: bitcoinisfurture on July 02, 2016, 01:39:20 AM

There are various roles and depend upon the situation and businesses it varies. The best part is that you can get it quickly and transfer to anybody instant. But stability of price and its durability in future is still unknown as different countries have different policy world wide for cyptocurrency.

but here in our state there is no such policy about crypto currency. but hope that time will come when they must take a positive step about bitcoin. i think that the time is not too far now. when we will also deal in our state in bitcoin currency.

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