Do you use bitcoin as currency or investment? - page 9.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: groll on September 19, 2016, 08:46:53 PM

Quote from: relq on September 19, 2016, 07:35:14 PM

I use bitcoin for both, as currency and as investment. I use bitcoin for currency because i do trading and gambling using bitcoin and i use bitcoin for investment because i also hold some bitcoins until the price of bitcoin increase.

Well all of us uses the bitcoin just like the way you do. It is better if we use bitcoin as currency to buy our needs and as investment because it gives us another way of doubling the value or amount of bitcoin. I would never use my bitcoin for gambling as it is such a waste of time and bitcoins. There is no guarantee that you will be able to cope up with the loss of bitcoin after a bad day. Gamble the amount you can afford to lose.

Investment will do good for me, I don't actually cash out my bitcoin when I do not really need it, I learn to control myself since I am optimistic that the future of bitcoin is great, therefore my actions is more on savings and investing rather than spending.

groll

sr. member

Activity: 336

Merit: 250

Quote from: relq on September 19, 2016, 07:35:14 PM

I use bitcoin for both, as currency and as investment. I use bitcoin for currency because i do trading and gambling using bitcoin and i use bitcoin for investment because i also hold some bitcoins until the price of bitcoin increase.

Well all of us uses the bitcoin just like the way you do. It is better if we use bitcoin as currency to buy our needs and as investment because it gives us another way of doubling the value or amount of bitcoin. I would never use my bitcoin for gambling as it is such a waste of time and bitcoins. There is no guarantee that you will be able to cope up with the loss of bitcoin after a bad day. Gamble the amount you can afford to lose.

kim.apps

newbie

Activity: 56

Merit: 0

I am using them as both currency and investment. I'm holding a few btcs, it is a good long term investment opportunity which will be digital asset in future once its value may be considerably increased.. As currency I pay for some services like transfer of money, gambling and some digital goods and services.

madwica

hero member

Activity: 714

Merit: 531

Quote from: Text on September 19, 2016, 08:15:39 PM

I'm looking forward too for better progress of bitcoin. It gives us the convenient, fast and easy ways of doing transactions. I use BTC for both but much more as investments because I treat it as an opportunity that everyone should grab.

As of now i am satisfied for the offer services of our local bitcoin wallet our life makes easy for fast confirmation of the transaction and most of the time i use my bitcoin as currency but i also have investment for my future.

Text

hero member

Activity: 2464

Merit: 594

I'm looking forward too for better progress of bitcoin. It gives us the convenient, fast and easy ways of doing transactions. I use BTC for both but much more as investments because I treat it as an opportunity that everyone should grab.

Xanidas

hero member

Activity: 686

Merit: 500

Quote from: dandroid on September 19, 2016, 05:22:54 PM

I believe that is more an investment now due to the lack of either physical, or better alternatives for online stores that accept btc. But here in our country we are using btc as currency sometimes, when paying bills and mobile load recharge, so it's really usefull for us...

the same in my country, bitcoin is in its way here to become the future currency, merchants already started to accept bitcoin in their shop as payment method, we can already pay our bills, reload our mobile phones etc. i believe bitcoin will still continue to grow here

relq

sr. member

Activity: 420

Merit: 250

I use bitcoin for both, as currency and as investment. I use bitcoin for currency because i do trading and gambling using bitcoin and i use bitcoin for investment because i also hold some bitcoins until the price of bitcoin increase.

pearnapple

sr. member

Activity: 504

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

for me bitcoins is just an investment, to be honest i nearly never spend it, i just hold it and hope that it will make me big profit easily

dandroid

member

Activity: 70

Merit: 10

I believe that is more an investment now due to the lack of either physical, or better alternatives for online stores that accept btc. But here in our country we are using btc as currency sometimes, when paying bills and mobile load recharge, so it's really usefull for us...

umaOuma

hero member

Activity: 938

Merit: 1000

Quote from: KingdomHearts on September 18, 2016, 05:13:10 PM

Quote from: d@nte on September 18, 2016, 03:03:44 AM

I use them for both, currency and investment. Sometimes, I make profit with btc trading and I also buy with it, mostly digital goods. And I save good part of it for the long run...

Yeah i also use bitcoin as currency and investment but i think that use bitcoin as investment is much more better because its right time to hold your bitcoin because bitcoin price will be going too much higher and we can be get a big profit from bitcoin.

Yes and the fact is we cannot use it as a currency everywhere like fiat, as there are very limited places that accepts bitcoin either online or offline, so majority of coins are going as an investment.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: michelle1845 on September 18, 2016, 09:22:14 PM

It depends on the situation, sometimes I use btcs as currency, when I buy things online using it.. And I invest this sometimes, mostly in trading, to make some profit.

That is very right. We should use bitcoin with all of its features. There must be no limit. Bitcoin was designed to have us alternatives in using fiat money with added features - we should use it with all its might. Never limit yourself in using bitcoins because there is a lot of convenience and ease of use with bitcoin compared to ordinary fiat money.

michelle1845

member

Activity: 70

Merit: 10

It depends on the situation, sometimes I use btcs as currency, when I buy things online using it.. And I invest this sometimes, mostly in trading, to make some profit.

KingdomHearts

hero member

Activity: 896

Merit: 514

Quote from: d@nte on September 18, 2016, 03:03:44 AM

I use them for both, currency and investment. Sometimes, I make profit with btc trading and I also buy with it, mostly digital goods. And I save good part of it for the long run...

Yeah i also use bitcoin as currency and investment but i think that use bitcoin as investment is much more better because its right time to hold your bitcoin because bitcoin price will be going too much higher and we can be get a big profit from bitcoin.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: 20kevin20 on September 18, 2016, 01:23:52 PM

Quote from: torrentheaven on September 18, 2016, 12:34:11 PM

Quote from: boyptc on September 18, 2016, 12:32:17 PM

Quote from: znickelbackz on September 18, 2016, 11:35:09 AM

Quote from: bamboylee on September 18, 2016, 10:17:04 AM

Quote from: goldcoinminer on September 17, 2016, 02:02:52 AM

Quote from: TaShoKi on September 16, 2016, 11:24:11 PM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

There are a lot of uses of bitcoin. But I think using it for gambling is the least of it. If you just gamble your bitcoin, then you are just losing it for nothing. It is better to invest it or just spend it on something, at least you get something.

You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something.

Well for me it is really a good thing if you are just going to be balance with it. Just like doing both, saving and investing with it. So while you are holding some bitcoins it is really a good thing while you are on that move. You are going to have some investments just like trading, so that you can maximum your profit.

Yes its good to invest them in trading where it will give you an opportunity to make profits, holding doesn't involve any risk but it will not increase your number count in future.

Holding does involve a risk too. If you're holding 10BTC and you would've bought them months ago (when the price was $400), you would've had $2k in profit right now. If you would've bought BTC right before the Bitfinex hack and immediately sold it after the theft, you would've had way less bucks in your accounts.

Risk will always be a part of bitcoin journey, either you hold it or sell it you never know what future holds for us, take action according to your convenience and don't go through others beliefs.

20kevin20

legendary

Activity: 1134

Merit: 1599

Quote from: torrentheaven on September 18, 2016, 12:34:11 PM

Quote from: boyptc on September 18, 2016, 12:32:17 PM

Quote from: znickelbackz on September 18, 2016, 11:35:09 AM

Quote from: bamboylee on September 18, 2016, 10:17:04 AM

Quote from: goldcoinminer on September 17, 2016, 02:02:52 AM

Quote from: TaShoKi on September 16, 2016, 11:24:11 PM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

There are a lot of uses of bitcoin. But I think using it for gambling is the least of it. If you just gamble your bitcoin, then you are just losing it for nothing. It is better to invest it or just spend it on something, at least you get something.

You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something.

Well for me it is really a good thing if you are just going to be balance with it. Just like doing both, saving and investing with it. So while you are holding some bitcoins it is really a good thing while you are on that move. You are going to have some investments just like trading, so that you can maximum your profit.

Yes its good to invest them in trading where it will give you an opportunity to make profits, holding doesn't involve any risk but it will not increase your number count in future.

Holding does involve a risk too. If you're holding 10BTC and you would've bought them months ago (when the price was $400), you would've had $2k in profit right now. If you would've bought BTC right before the Bitfinex hack and immediately sold it after the theft, you would've had way less bucks in your accounts.

torrentheaven

hero member

Activity: 952

Merit: 1000

Quote from: boyptc on September 18, 2016, 12:32:17 PM

Quote from: znickelbackz on September 18, 2016, 11:35:09 AM

Quote from: bamboylee on September 18, 2016, 10:17:04 AM

Quote from: goldcoinminer on September 17, 2016, 02:02:52 AM

Quote from: TaShoKi on September 16, 2016, 11:24:11 PM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

There are a lot of uses of bitcoin. But I think using it for gambling is the least of it. If you just gamble your bitcoin, then you are just losing it for nothing. It is better to invest it or just spend it on something, at least you get something.

You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something.

Well for me it is really a good thing if you are just going to be balance with it. Just like doing both, saving and investing with it. So while you are holding some bitcoins it is really a good thing while you are on that move. You are going to have some investments just like trading, so that you can maximum your profit.

Yes its good to invest them in trading where it will give you an opportunity to make profits, holding doesn't involve any risk but it will not increase your number count in future.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: znickelbackz on September 18, 2016, 11:35:09 AM

Quote from: bamboylee on September 18, 2016, 10:17:04 AM

Quote from: goldcoinminer on September 17, 2016, 02:02:52 AM

Quote from: TaShoKi on September 16, 2016, 11:24:11 PM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

There are a lot of uses of bitcoin. But I think using it for gambling is the least of it. If you just gamble your bitcoin, then you are just losing it for nothing. It is better to invest it or just spend it on something, at least you get something.

You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something.

Well for me it is really a good thing if you are just going to be balance with it. Just like doing both, saving and investing with it. So while you are holding some bitcoins it is really a good thing while you are on that move. You are going to have some investments just like trading, so that you can maximum your profit.

Corenin

legendary

Activity: 1008

Merit: 1000

Quote from: bryant.coleman on September 18, 2016, 12:02:55 PM

Quote from: znickelbackz on September 18, 2016, 11:35:09 AM

You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something.

It is not necessary to invest in something with BTC. If you are holding fiat currency, then there is a need to make investment. That is because every year, the value of fiat currency declines as a result of inflation. However, unlike the fiat currencies, Bitcoin is protected against inflation due to the limited supply principle. So there is no need to invest in anything. Just hold your coins, and you will be rich in the near future.

Yeah its better to put money in bitcoins instead of saving fiat in banks, as the interest paid by banks is too low but you have saved enough bitcoins for future then you can expect higher profits.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: znickelbackz on September 18, 2016, 11:35:09 AM

You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something.

It is not necessary to invest in something with BTC. If you are holding fiat currency, then there is a need to make investment. That is because every year, the value of fiat currency declines as a result of inflation. However, unlike the fiat currencies, Bitcoin is protected against inflation due to the limited supply principle. So there is no need to invest in anything. Just hold your coins, and you will be rich in the near future.

znickelbackz

sr. member

Activity: 406

Merit: 250

Quote from: bamboylee on September 18, 2016, 10:17:04 AM

Quote from: goldcoinminer on September 17, 2016, 02:02:52 AM

Quote from: TaShoKi on September 16, 2016, 11:24:11 PM

I use Bitcoin for investments and as a means of payment on the betting sites

Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site.

There are a lot of uses of bitcoin. But I think using it for gambling is the least of it. If you just gamble your bitcoin, then you are just losing it for nothing. It is better to invest it or just spend it on something, at least you get something.

You can still just hold it, it's not necessary to do anything with it. It may not be as good as trading, but I think it's better than spend it on something.

Topic: Do you use bitcoin as currency or investment? - page 9. (Read 74630 times)