)And now that steam acept bitcoin as payment i might spend more bitcoins...
Topic: Do you use bitcoin as currency or investment? - page 86. (Read 74630 times)
i do buy a few things with my xapo card but generally only as investment, especially right now(rise btc, rise! )
And now that steam acept bitcoin as payment i might spend more bitcoins...
)And now that steam acept bitcoin as payment i might spend more bitcoins...
I use about 20% as a currency and for daily coffee and lunch and the rest is in cold storage as a investment. I think many people follow the same strategy, because nobody wants to be left out in the
cold, when the price hits say, $10 000 per Bitcoin. Over time, this might change when more merchants and services accept it as a payment option and the temptation to spend it, will increase. I also
think people like the idea that the value of their wealth might double or triple over time, and that is one more reason for them to hold onto it for longer periods.
cold, when the price hits say, $10 000 per Bitcoin. Over time, this might change when more merchants and services accept it as a payment option and the temptation to spend it, will increase. I also
think people like the idea that the value of their wealth might double or triple over time, and that is one more reason for them to hold onto it for longer periods.
I am using it as both currency and investment but I am keeping approximately 80% of my Bitcoin stash as investment and 20% for online purchases. I am trying to use fiat for my daily expenses and I am keeping my Bitcoin long-term as a store of value because the price could be huge in a couple of years.
It can be used as a both, Investment as well as Currency . I am mostly using bitcoins as a saving to sale at a better rate in future. So it is investment in another way.
during this time I saw bitcoin as a currency. but in reality I only use bitcoin just to earn extra income and as an investment tool. it was very pleasant when earning additional income from bitcoin
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
So, how about you?
I use bitcoin as currency and i use it as investment, I use it both because sometime i need is as currency and somtimes i use it for my investments.I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising
So, how about you?
I can say i use it as both curriency and investment because i use bitcoin un many different ways one of that is to pay in service whenever i hire people online when i need the job easy to be done its easy to transact with bitcoin and less fee and hassle, also i use bitcoin in investment because i want to earn more bitcoin so i have big profit in return i invest it in risky new hyips but i do earn and run and if the site is new well i invest then never invest back, and also in tradings well i do tradings and earn big money with it.
You already can see now that the value is going to rise slowly and that Bitcoin is also getting more acceptable so that is quite nice.
I am using it as both currency and investment but I am keeping approximately 80% of my Bitcoin stash as investment and 20% for online purchases. I am trying to use fiat for my daily expenses and I am keeping my Bitcoin long-term as a store of value because the price could be huge in a couple of years.
I'm also doing this, I have the most of my bitcoins as a investment and the other part is just for gambling or other digital goods, I do not spend them in real life.
I think its good to now hold our bitcoins for the most part because it has a good profitable future this year.
i'm using it purely as for investment. the reason is that i dont trust it enough as a payment method and i thing that as for now there are better options for currency. maybe in the future i will change my attitude...
i am doing both, and bitcoin is good for both purposes too. i use it as an investment since i have bought at low prices and also because i am trading it. but it is a good way of making online transaction like for paying for stuff.
I have used Bitcoin as currency in the past but now with the upcoming halving and the expected price increase and stuff I am exclusively storing my Bitcoins as a long-term investment. There is no need to spend coins on items right now if I can use fiat instead because it's a waste of future profits if the value of Bitcoin triples or quadruples in the next few years.
I always use it as a currency, but while I keep it safe in my wallet it would be an investment for me.
That's what I like from Bitcoin, keeping it for gaining more value.
That's what I like from Bitcoin, keeping it for gaining more value.
Now that Steam accepts Bitcoin I may be more prone to spend some of it but only the money that I get paid in Bitcoin like signature campaigns. I will never buy Bitcoin to spend it on stuff, I only buy Bitcoin for long term storage because buying Bitcoin to spend it on stuff when I can directly buy it with fiat is pretty nonsensical.
I am actively spending my bitcoins, no all of them of course, as I set my budget goals and I try to save more than I spent.
I feel like my bitcoin 'fortune' is not enough to keep it as an investment so I don't really care.
Saving bitcoins for me will be harder from now on, since I noticed today that Steam is now accepting direct bitcoin payments.
I feel like my bitcoin 'fortune' is not enough to keep it as an investment so I don't really care.
Saving bitcoins for me will be harder from now on, since I noticed today that Steam is now accepting direct bitcoin payments.
I use it actually almost exclusively as a currency, although not very frequently. Bitcoin is the best way if you want to transfer sometimes small amounts from one country to another ("remittances"), because money transfer companies and also most international ATMs have a minimum fee of about $5 or even more, so if you transfer less than let's say 100$, more than 5% of your money is "eaten" by the service itself.
If you make a sum of all fees (2 exchanges with 0,5%-1% each), you can even afford the Bitcoin price to fall up to 3-4% while making your transfer. Because volatility is way lower than 2-3 years ago, that's a manageable risk, and you most of the time are winning.
If you make a sum of all fees (2 exchanges with 0,5%-1% each), you can even afford the Bitcoin price to fall up to 3-4% while making your transfer. Because volatility is way lower than 2-3 years ago, that's a manageable risk, and you most of the time are winning.
its simply both i think for me 
you can invest and profit from your invest and also use it for your daily purchases
It`s great!
cheers
you can invest and profit from your invest and also use it for your daily purchases It`s great!
cheers
Both of them, but I feel great if I use bitcoin as currency, buy anything for my life needs. I used bitcoin as currency is very rare, not much merchant accept bitcoin around me.
Yes same as you i really use both for bitcoin because bitcoin is like physical curriencies it flexible and easy to use and if you invest in bitcoin you will surely earn big money with it and you can get big returns and depending on your strategy in bitcoin doings and also bitcoin is good to use as curriency because it has low fee and transaction well be done easily with bitcoin.
well, i hope that some day i could use it much more as a currency, but the truth is that im using it right now as investment and i think that most of us are doing the same, you know, mostly of bitcoiners really think that this is just the beginning and the price will change soon or later.... so i use both, but mostly as investment.
I am using it as a currency in order to earn a lot of money within short of time,
I have already earned a lot of it and will continue more to earn more, and then I will convert them to my local money and will start my own business
I have already earned a lot of it and will continue more to earn more, and then I will convert them to my local money and will start my own business
Both of them, but I feel great if I use bitcoin as currency, buy anything for my life needs. I used bitcoin as currency is very rare, not much merchant accept bitcoin around me.
I use this Bitcoin for both. When i need urgent money so that time i will sale bitcoin and use it for currency. Bitcoin investment i am not done many times because i am not using bitcoin lot now i am holding bitcoin in my wallet because of price high so I am not using bitcoin as investment now. I use bitcoin only for currency. Bitcoin investment is bit risky method i loss money in investment.
I use it both because in investing you need currency so i invest bitcoin and using bitcoin in investment for me its a currency. We need bitcoin as currency and we need it as invesment
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