Do you use bitcoin as currency or investment? - page 72.

janggernaut

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Quote from: ABCbits on April 28, 2016, 02:38:18 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?

Im using both of them until now. Maybe I would to sell all of my btc if the price reach more than $1000 Cheesy

, and seems that will happens soon

starmman

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Quote from: uname on June 19, 2016, 02:50:44 AM

Quote from: X-ray on June 19, 2016, 02:30:11 AM

Quote from: justspare on June 18, 2016, 06:05:02 PM

I already spent most of my Bitcoin buying steam games and in-game items. Now I am trying to earn it all back so that I can hold while the price is rising.

Buying steam games?where are you from. a few times ago I've read some news and information from the internet and ign site. steam don't give a confirmation about accepted on bitcoin payment. are you using 3rd parties to buying steam games?

I also heard that they accept bitcoin. I've never tried it I think you should try it yourself dude
whether steam proven accept bitcoin payments or not. its simple dude

Here is a link to the bitpay press release https://blog.bitpay.com/load-your-steam-wallet-using-bitcoin/

uname

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Quote from: X-ray on June 19, 2016, 02:30:11 AM

Quote from: justspare on June 18, 2016, 06:05:02 PM

I already spent most of my Bitcoin buying steam games and in-game items. Now I am trying to earn it all back so that I can hold while the price is rising.

Buying steam games?where are you from. a few times ago I've read some news and information from the internet and ign site. steam don't give a confirmation about accepted on bitcoin payment. are you using 3rd parties to buying steam games?

I also heard that they accept bitcoin. I've never tried it I think you should try it yourself dude
whether steam proven accept bitcoin payments or not. its simple dude

X-ray

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Quote from: justspare on June 18, 2016, 06:05:02 PM

I already spent most of my Bitcoin buying steam games and in-game items. Now I am trying to earn it all back so that I can hold while the price is rising.

Buying steam games?where are you from. a few times ago I've read some news and information from the internet and ign site. steam don't give a confirmation about accepted on bitcoin payment. are you using 3rd parties to buying steam games?

claytonb

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Mostly as an investment...but sometimes I use it as currency to pay for higher return investments.

Enotche

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Now I use Bitcoin as an investment tool. I am very impressed with the very sharp price jump in and hope for the future rise in price, because there is this prerequisites.
Further, by the end of the year I expect a stabilization of the price, and the potential output in the currency.

shinratensei_

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Quote from: BitcoinPC on June 18, 2016, 11:35:05 PM

Quote from: BAGOBO on June 17, 2016, 03:27:47 AM

both of them,but for now i'm focusing invesment,i believe is worth ,maybe sometimes i use bitcoin as currency when i want to buy something i want in internet.

Bitcoin is basically a currency but due to highly unstable price it is an investment in itself. You can keep it as a currency and you will find it is automatically increasing in value as an investment. I am not selling the bitcoins so for me it is like an investment which give me quick profits.

"highly unstable price it is an investment in itself"
I like this statement because the unstable of bitcoin price we can trading it if bitcoin has a stable price I think it's will not give profit for traders.
All of the traders will always like bitcoin have an unstable price.

ardentvolcanoes

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I use it as a currency at the same time using it a investment . But i only used btc to buy stuffs online because there is no available local stores or shops here in my country that are accepting bitcoin to be a payment method we need to cash it out and claim at banks or remittance centers so we can get a real currency .

pandalion98

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Quote from: ABCbits on April 28, 2016, 02:38:18 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 used to use it as a currency. I would buy and sell stuff using BTC.

Now, I use it as an investment only, but it will certainly change in the future.

ObscureBean

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For me it's primarily an investment but I often use my Bitcoins to buy stuff online. To be honest I probably wouldn't hold Bitcoins (other than the ones I earn through sig campaigns) if it was just a regular stable currency. Anonymity is not a big deal for me, BTC does have a few other advantages but I wouldn't go through the hassle of shifting from one currency to another for them. Of course if at some point, BTC is readily available at any ATM and accepted by every merchant, I would use only BTC.

serjent05

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Quote from: BitcoinPC on June 18, 2016, 11:35:05 PM

Quote from: BAGOBO on June 17, 2016, 03:27:47 AM

both of them,but for now i'm focusing invesment,i believe is worth ,maybe sometimes i use bitcoin as currency when i want to buy something i want in internet.

Bitcoin is basically a currency but due to highly unstable price it is an investment in itself. You can keep it as a currency and you will find it is automatically increasing in value as an investment. I am not selling the bitcoins so for me it is like an investment which give me quick profits.

Yes it was intended to be a currency but the availability of local merchant and local store to accept BTC is playing a big part. Like for instance, in many parts of the world only few merchants / local store accept BTC, worst, there is none. So people in this country see it as an investment that increase in price overtime.

BitcoinPC

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Quote from: BAGOBO on June 17, 2016, 03:27:47 AM

both of them,but for now i'm focusing invesment,i believe is worth ,maybe sometimes i use bitcoin as currency when i want to buy something i want in internet.

Bitcoin is basically a currency but due to highly unstable price it is an investment in itself. You can keep it as a currency and you will find it is automatically increasing in value as an investment. I am not selling the bitcoins so for me it is like an investment which give me quick profits.

JarBinks

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I use it only as an investment

I use the BTC I have to make more, that might be through mining or trading.
My objective is to have more BTC tomorrow than I have today and I do multiple things to make that happen.
There is alot of opportunity out there, though most of it is not large.
FYI: I do not scam and I try my best to be a good citizen

I have to say it does make me a little sad that I cannot use it as currency but it is just not accepted as one as of yet, at least where I am.

Cyaren

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I see bitcoin both as a currency, an investment, and as a store of value.

Bitcoin is designed to be a cryptocurrency, and it serves its function quite well as you can use bitcoin without any problems right now as a currency. Investment wise, just look at the charts. Bitcoin can deliver excellent results. But I think the most important aspect of bitcoin is that it is a store of value in the long term, as it is left untouched by the government.

justspare

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I already spent most of my Bitcoin buying steam games and in-game items. Now I am trying to earn it all back so that I can hold while the price is rising.

Sled

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Bitcoin- in bullish time

I used them both. But, as of now i just my bitcoins as an investment because now i'm just holding my bitcoin and also waiting for the price to reach $900-1k per piece and then i will sell all my coins. And after that im sure that after the price reached that many users will sell their coins also, so it will result for a price drop and then i will take advantage of it and i will buy bitcoins again.

dippididodaday

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It's personal

Quote from: dsyahputera on April 30, 2016, 08:10:55 PM

Both using Bitcoin as currency and investment is a good combination Cheesy

Quote from: Patatas on April 29, 2016, 09:20:04 AM

Quote from: ajun96 on April 29, 2016, 09:14:38 AM

I rarely use bitcoin to buy something probably because I still cares to buy something with bitcoin

The sentence is ironic within itself mate.Do you use bitcoins on daily basis or you don't ? It's a simple question,you know,there aren't really hidden puns intended.

That's funny, I can't stop laughing Cheesy

Maybe the meaning is saving bitcoin for now to buy/do stuff later when it can buy/do more.

Text

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For me earning bitcoin is not totally free because we also pay bills for the data plan for an internet connection, in addition the electricity we are consuming too. But I see this as an opportunity that gives more advantage and more beneficial. For now I need a lot of patience to control myself from spending coins.

daringdiscovered

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Quote from: Endikadija on June 17, 2016, 09:30:08 AM

well for now i use my bitcoin as investments.but also i have stored some bitcoin to use it to buy things in case if it is needed

I think that is the reason why we are using it. We want to have some investments and also want to buy what we need or want. We don't have to be rich to make some investments in bitcoin. We can even earn it free and use it as our starting capital. Though it may have a big advantage if you really invest your money into it because you will earn bigger than the others. But even student or jobless can have a chance earning with bitcoin without spending real money.

Endikadija

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well for now i use my bitcoin as investments.but also i have stored some bitcoin to use it to buy things in case if it is needed

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