Do you use bitcoin as currency or investment? - page 77.

jossiel

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Quote from: Herbert2020 on June 03, 2016, 07:48:33 AM

Quote from: jossiel on June 02, 2016, 05:37:30 AM

Quote from: Herbert2020 on June 02, 2016, 01:04:47 AM

Quote from: n3o111 on June 02, 2016, 12:40:05 AM

My initial goal when know Bitcoin is because of the speed and kindness in the transaction, but once I see more about Bitcoin goal now I not only to get the transaction/facilities of fast and cheap, but also to find a pretty good profit, namely investing for a long time and for currency, because the project is still in the stage of the Bitcoin introduction and after Bitcoin already up on the highest stage (FIX) then the price will be higher Bitcoin from now on.

yeah, also make sure to look at services like gyft which offer good discounts or gift cards at a very low rate. that way you can even save up more money just by using bitcoin.

Yeah, there are lot of offers regarding gift cards at very low rate you just need to be on time when they are selling, because their supplies doesn't
last when so many already ordered it. It is a good investment for buying those kind of gift cards.

they usually have enough for their customers. the important thins is to only buy these things from trusted services like gyft or anything like it because there are many scams in this area which mostly buy it with stolen credit cards and can make some trouble for the buyer.

yes you are right, I have saw so many offers with this kind of item, they just went out like a mushroom, like from nowhere. And I also speculated
that some of them are scams but still without prior feedback to them is not good to accuse.

Herbert2020

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Quote from: jossiel on June 02, 2016, 05:37:30 AM

Quote from: Herbert2020 on June 02, 2016, 01:04:47 AM

Quote from: n3o111 on June 02, 2016, 12:40:05 AM

My initial goal when know Bitcoin is because of the speed and kindness in the transaction, but once I see more about Bitcoin goal now I not only to get the transaction/facilities of fast and cheap, but also to find a pretty good profit, namely investing for a long time and for currency, because the project is still in the stage of the Bitcoin introduction and after Bitcoin already up on the highest stage (FIX) then the price will be higher Bitcoin from now on.

yeah, also make sure to look at services like gyft which offer good discounts or gift cards at a very low rate. that way you can even save up more money just by using bitcoin.

Yeah, there are lot of offers regarding gift cards at very low rate you just need to be on time when they are selling, because their supplies doesn't
last when so many already ordered it. It is a good investment for buying those kind of gift cards.

they usually have enough for their customers. the important thins is to only buy these things from trusted services like gyft or anything like it because there are many scams in this area which mostly buy it with stolen credit cards and can make some trouble for the buyer.

jossiel

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Quote from: hermanhs09 on June 03, 2016, 05:46:23 AM

I use it as both. I do use bitcoin as a currency, to buy goods and services, but I also use bitcoin as an investment to speculate on the future price hikes.

But the point is that I measure my wealth in bitcoins, instead of fiat. So in my view bitcoin retains its value instead of actually gaining value over time. Although the latter could be true, I think in the long run the former is more probable.

Many people or to be specific, bitcoiners are using bitcoin of course for both of it, currency and investment. In the sense, that they can use it
for buying some online goods if there's a store in their country accepting bitcoins for its payment. And in investment, for trading or just holding it
for the potential earnings when the price of it increases.

hermanhs09

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I use it as both. I do use bitcoin as a currency, to buy goods and services, but I also use bitcoin as an investment to speculate on the future price hikes.

But the point is that I measure my wealth in bitcoins, instead of fiat. So in my view bitcoin retains its value instead of actually gaining value over time. Although the latter could be true, I think in the long run the former is more probable.

the_poet

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Yes, I'm spending some every now and then, but I'm mainly treating Bitcoin as digital gold.

Captimiz

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Both, but more so as a currency than an investment. The price just fluctuates way too much for me to consider this my sole investment.

daringdiscovered

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I use it as an investment. I am just a small time earner so I don't earn many btc or wait for it to sell it at higher price. I even never had 1 bitcoin. I invest it by trading it to alt-coins. Though the profit is not that big, i am sure that it will grow little by little until i can buy something that i want.

jhenfelipe

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Since bitcoin is easy and convenient to use, I am using it for both investment and currency. Well every time I earn bitcoin, I use some to invest, some to save, and some to purchase online or convert as cash. That's how I used to do with my bitcoin earnings

ravens

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I view bitcoin as both a currency or investment. But I mainly view bitcoin as a currency.

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Quote from: Dora Doll on June 02, 2016, 06:47:11 AM

i use bitcoin as investment. actually. the use of bitcoin is still limited to some area. in our area there is not a single shop where the exchange of bitcoin is exercising.

yeah there are many occasions that i have wanted to use bitcoin but the shop didn't accept bitcoin.
for example i wanted to charge my steam wallet with bitcoin for so long and they didn't accept bitcoin until very recently.

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Quote from: StoreBit on June 02, 2016, 06:43:06 AM

Quote from: safari88 on June 02, 2016, 06:38:07 AM

I use both, but mostly used for investment or grow, because as currency, as you know, bitcoin is still limited for use as payments.

yes most of the people are doing so. i personally just earning bitcoin and then store it actually i have no investment in flat currency to buy bitcoin. i like to have a lot of bitcoin and store them for their high prices. i will be pretty happy when its rate will raise t

I use it as both because i use bitcoin as investment in trading site and sometimes in hyip so i can earn money and multiply more my bitcoin because that what im intended to do since im using bitcoin and thats what i get for using it and really it benifited me so much that i can earn with it and also im using it as curriency because im using it when i need service to be than and by that bitcoin is easy to use as payment for them.

Dora Doll

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i use bitcoin as investment. actually. the use of bitcoin is still limited to some area. in our area there is not a single shop where the exchange of bitcoin is exercising.

icet208

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sometimes I use it as a currency (when I`m short on cash and I can pay by BTC) but mainly as an investment

StoreBit

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Quote from: safari88 on June 02, 2016, 06:38:07 AM

I use both, but mostly used for investment or grow, because as currency, as you know, bitcoin is still limited for use as payments.

yes most of the people are doing so. i personally just earning bitcoin and then store it actually i have no investment in flat currency to buy bitcoin. i like to have a lot of bitcoin and store them for their high prices. i will be pretty happy when its rate will raise t

safari88

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I use both, but mostly used for investment or grow, because as currency, as you know, bitcoin is still limited for use as payments.

iv4n

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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?

Both in my case, I use bitcoin for many things online. Buying things, paying for some services, trading, gambling.. bot from time to time when I`m short with money I sell my coins for dollars. I`m trying to do that as much less as I can, but sometimes life force me to do it. After all its my money, and better to use it then to borrow to pay some bills ( and I pay bills with dinars, so I need coins transferred in dollars then my currency dinars).

I never liked system and banks, bitcoin is like a perfect solution for me. Cause of that I like btc and I hope it will grow much more, and that we can use our coins in many more ways then now.

So for me btc is currency, even when I sell it I do it because there is some laws that say that certain thing need to be paid in national currency. So I'm forced to sell one currency for another. In many more cases situation is opposite from that. On internet I can pay just few things with my national currency so I was forced to buy euros or dollars so I can buy things online. Bitcoin made things easier for me and I think people in countries in similar situation like mine is.

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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?

ive been using bitcoin as a investment and as a currency, it is nice to know
that while you are using btc to purchase stuff, you are still earning trough the
bitcoin that you invested it might be low at start but if you frequently add btc
to your investment you`lle feel the profit that you are getting.

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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 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.

jossiel

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Quote from: Herbert2020 on June 02, 2016, 01:04:47 AM

Quote from: n3o111 on June 02, 2016, 12:40:05 AM

My initial goal when know Bitcoin is because of the speed and kindness in the transaction, but once I see more about Bitcoin goal now I not only to get the transaction/facilities of fast and cheap, but also to find a pretty good profit, namely investing for a long time and for currency, because the project is still in the stage of the Bitcoin introduction and after Bitcoin already up on the highest stage (FIX) then the price will be higher Bitcoin from now on.

yeah, also make sure to look at services like gyft which offer good discounts or gift cards at a very low rate. that way you can even save up more money just by using bitcoin.

Yeah, there are lot of offers regarding gift cards at very low rate you just need to be on time when they are selling, because their supplies doesn't
last when so many already ordered it. It is a good investment for buying those kind of gift cards.

Herbert2020

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Quote from: n3o111 on June 02, 2016, 12:40:05 AM

My initial goal when know Bitcoin is because of the speed and kindness in the transaction, but once I see more about Bitcoin goal now I not only to get the transaction/facilities of fast and cheap, but also to find a pretty good profit, namely investing for a long time and for currency, because the project is still in the stage of the Bitcoin introduction and after Bitcoin already up on the highest stage (FIX) then the price will be higher Bitcoin from now on.

yeah, also make sure to look at services like gyft which offer good discounts or gift cards at a very low rate. that way you can even save up more money just by using bitcoin.

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