Do you use bitcoin as currency or investment? - page 79.

eddyubachs

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Quote from: SilverPunk on May 28, 2016, 01:27:25 PM

In terms of currency sometimes but as investment i use it especially investing in some sites that can make my investment grow and wait for a long time but very profitable.. For me investing in bitcoins is the best way than using it as currency.

Bitcoin is good in both the ways, its good as currency and best as an investment, as we are seeing continuous growth in price of bitcoin and it will give us best returns in future.

SilverPunk

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In terms of currency sometimes but as investment i use it especially investing in some sites that can make my investment grow and wait for a long time but very profitable.. For me investing in bitcoins is the best way than using it as currency.

sakinaka

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I use it as an investment because since I have close to nothing, I won't buy that much things.

harizen

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Quote from: Text on May 28, 2016, 12:27:20 PM

I agree that majority of us here using bitcoins as currency and investment at the same time.

Is there another reason why we have bitcoin if we don't use it as an currency or investment?

Quote from: socks435 on May 28, 2016, 12:53:15 PM

I think i use it both investment and as a currency payment for services and investing it to buy domain and hosting to my site and better high vps..

Why "I think". You mean you are not sure lol?

Currency - Meaning you used it like normal fiat
Investmet - Trading, Holding etc to make profit from it

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I think i use it both investment and as a currency payment for services and investing it to buy domain and hosting to my site and better high vps..

vero

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Quote from: JeffBrad12 on May 22, 2016, 09:12:29 PM

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?

Use bitcoin as currency?Yes.
Use bitcoin as investment?Yes.
I just want to take the advantages of all opportunities, With all usefulness of bitcoin, i can make bitcoin in accordance formed with the wishes.

But for investment in bitcoin have more level risk like scammer,ransome ware and etc.... I think,i liked to use bitcoin as currency....

you can't call it an investment in bitcoin because investment what you mean is accept other payments such as paypal, netteler, perfect money, etc and investments that you are referring to is a ponzi or hyip or moeny game.

bitlancr

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I use it for both if I be honest, I invest in it and hold it but I also pay things with it sometimes.
I think the most are using it as both ways.

Text

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I agree that majority of us here using bitcoins as currency and investment at the same time. I spend some of my bitcoins too for a mobile recharge. And most of it is keep on a wallet while gaining more satoshis from services.

akamit

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Quote from: MTBTT on May 22, 2016, 06:00:22 PM

Quote from: akamit on May 22, 2016, 04:35:39 PM

I use both ways. Tongue

I buy services and goods with my bitcoin.

But mostly I do investments.

yeah of course I do not believe it when someone buys a bitcoin and use bitcoin only for currency only it is nonsense. almost all users are in bitcoin is aiming to make a profit from the investment in bitcoin

You are correct buddy.
When we buy bitcoin first time, it means we bought a seed of plant .
And we water everyday to grow the plant and finally to harvest the fruits. Tongue

bitcoineverything

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I use them as both but more on being an investment. I seldom buy using bitcoin yet. It is more of earning it as of the moment and sell it later for profit.

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Quote from: stromma44 on May 22, 2016, 04:18:29 PM

Quote from: MingLee on May 22, 2016, 04:07:14 PM

Quote from: dezoel on May 22, 2016, 03:59:29 PM

Quote from: bob123 on May 22, 2016, 11:50:08 AM

A lot of us are using it as a currency when paying for stuff.
And almost everyone uses it as an Investement (If not, you souldnt keep your money in bitcoins).

Majority of people are treating it in the both ways as they know if they invest in it at present then it can be the best investment for future.

For now I would say a lot of Bitcoin users fall into one of the two camps, there are some users that both use Bitcoin as a currency and investment, but a majority of them have their Bitcoin either being moved or they're holding their Bitcoin for right now.

I personally am holding a large majority of my Bitcoin now, and chances are I won't be spending it in the near future.

People are holding and not spending only because they think its an best investment for future and that is the reason they are not spending it.

one of the biggest reason why people don't spend their bitcoins is that apart from the investment part and the rising price there is not enough places to spend their bitcoins and in some cases in some countries there is not even one place.

outatime1

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Right now I use bitcoin almost exclusively as an investment. I only used it once for a purchase. I'm trying to accumulate more bitcoin before it really takes off in price and I'm also hoping that more businesses will accept it as payment in the future.

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Quote from: MONKEYJUNK on May 22, 2016, 09:20:01 PM

I have not used bitcoin as a tool for investment. Some people say that investing is something which is beneficial and detrimental. I only use bitcoin as everyday currency. To buy something and play something.

have you simply held bitcoin waiting for the price to change.. similar to having a bank savings account, ?

or have you had the mindset that you need to spend bitcoin as soon as you receive it.
because holding (saving) bitcoin is investing in-and-of-itself, without needing to throw it into a third party's scheme

MONKEYJUNK

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I have not used bitcoin as a tool for investment. Some people say that investing is something which is beneficial and detrimental. I only use bitcoin as everyday currency. To buy something and play something.

JeffBrad12

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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?

Use bitcoin as currency?Yes.
Use bitcoin as investment?Yes.
I just want to take the advantages of all opportunities, With all usefulness of bitcoin, i can make bitcoin in accordance formed with the wishes.

But for investment in bitcoin have more level risk like scammer,ransome ware and etc.... I think,i liked to use bitcoin as currency....

sulendra12

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I used for both investment and currency. But regarding with investment , is high risk to be scammed.
And i use bitcoin to recharge my mobile phone , for other stuff maybe i will think again..!

harizen

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Quote from: MTBTT on May 22, 2016, 06:00:22 PM

yeah of course I do not believe it when someone buys a bitcoin and use bitcoin only for currency only it is nonsense. almost all users are in bitcoin is aiming to make a profit from the investment in bitcoin

Actually that is mainly the reason why bitcoin was made and truly not for investment.

It's just that it change the world of market and value was changed since then so others dive into bitcoin investment.

MTBTT

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Quote from: akamit on May 22, 2016, 04:35:39 PM

I use both ways. Tongue

I buy services and goods with my bitcoin.

But mostly I do investments.

yeah of course I do not believe it when someone buys a bitcoin and use bitcoin only for currency only it is nonsense. almost all users are in bitcoin is aiming to make a profit from the investment in bitcoin

npredtorch

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When buying goods and services online - i use it as a currency to pay for. When putting bitcoins in exchange sites, cloudmining - i use it for investment. I actually use bitcoin in both terms. Example, for it is when i bought a domain hosting and domain name in Namecheap while for investment, i put some into hashocean , a cloud mining site.

akamit

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I use both ways. Tongue

I buy services and goods with my bitcoin.

But mostly I do investments.

Topic: Do you use bitcoin as currency or investment? - page 79. (Read 74630 times)