Topic: Do you use cryptocurrencies in your daily life? Are they useful? - page 28. (Read 14337 times)
August 15, 2018, 11:15:44 PM
well, yeah, it is more appealing to see how cryptos are being used in our daily life but today is not a good idea, the price is plummeting and highy volatile, because bitcoin price are going down, spending it on a daily basis is not quite advantageous to us, it is like investments on a short term basis, the volatility speaks for itself that bitcoin is intended for a longer period of time, if you continue to buy and sell on a daily basis, we are just like playing games here. only to realized you are at a losing end.
August 15, 2018, 11:01:39 PM
Sorry I prefer not to open any links shared here specially from newbie and not a trusted person from this community so i will just answer the title
Nope i am not using cryptocurrency on my daily lives but i use this to pay bills and some online purchases since iw treat my coins an asset not a currency
Same as you. I use bitcoin for several transactions such as paying electricity bills, cable tv and so on. I don't use bitcoin for daily life because it's still a limitation of the use of bitcoin itself. like only few merchants who accept bitcoin as payment. and of course with the expensive fees also affect Nope i am not using cryptocurrency on my daily lives but i use this to pay bills and some online purchases since iw treat my coins an asset not a currency
August 15, 2018, 08:10:12 PM
This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others.
It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage
More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.
There are no open questions, but you can post here or message me about this.
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
What I have now is product of cryptocurrency. I do not directly use bitcoin in my daily living but the things that I have now are from bitcoin. Most of us do not actually use bitcoin in everyday living but we benefit from it. We do not actually pay using bitcoin, we just convert it into fiat then that's it. It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage
More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.
There are no open questions, but you can post here or message me about this.
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
August 15, 2018, 03:17:58 PM
We are still in the development phase of cryptocurrencies so using them in daily life could take another 5-10 years. we should know bitcoin , cryptocurrencies and blockchain are here to remain. i think we will be laughing at ourself for doubting cryptocurrencies.
August 15, 2018, 03:17:05 PM
Unless we all want to lie to ourselves, in most places now, cryptocurrency is not being used daily for life stuffs and all we are just so keen about is the profitability in the long run.
Actually, people in Venezuela already started using cryptos to transfer money.
Their currency is losing value much faster than BTC can drop. It is being adopted there currently.
People are using bitcoin, dash or nano to buy food/clothes/water or to charge their phone. They have completely lost the faith into their national currency and started USING crypto.
While it is true that all cryptocurrencies seem to be just a speculative object in most countries, this does not apply to all countries.
And i am sure there will be more countries whose financial system will collapse. People in these countries might start adopting towards crypto too.
If this process is followed by all the country.Their will be huge raise in the price of all cryptocurrency.In US,bitcoin is used by huge number of people as like in Venezuela.I don't know why people completely lost the faith into their national currency and started USING crypto.
But this will give some positive impact to the price of bitcoin and other cryptocurrency used by them.
August 15, 2018, 03:03:14 PM
This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others.
It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage
More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.
There are no open questions, but you can post here or message me about this.
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage
More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.
There are no open questions, but you can post here or message me about this.
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
About the usage of cryptocurrency, i am currently working as a bounty advertisers and the rewards i earn from the campaigns is decent in order to sustain my daily needs.
August 15, 2018, 01:17:33 PM
In a daily basis yes, but only for reloading my phone to able to call. I pay my internet bills with crypto in the monthly. It is very useful as for now- I don't know when it will last but I am maximizing it's utilities for now. Another is I send money to my relatives using crypto and it is the best thing that I liked about, less fees and instant transactions.
Can you please let us know the names of those vendors who accept crypto payments for reloading your mobile balance and allows you to pay for your home internet service?? I would love to know because in my country, I could not found any such option. Probably I can create some use case and present that to my local vendors to make them interested about crypto payments. Sending money to my relatives is definitely I can do but sadly I have no option for bill payments using crypto. That is the reason why I am curious to know!
August 15, 2018, 12:44:58 PM
It would be great to see cryptos replacing fiat money. I know some people do not want to see that happen but it is an option. Nowadays, it is very hard to use cryptos in daily routines. It is hard because of the exchange rates and places to do it. It can be done online and it means you need a good connection. The world is still dominated by banks and they do not allow cryptos. Some countries do not allow their citizens to use cryptos as well. In that case, it is very hard to use cryptos in daily routines. I believe this will happen one day but not now.
I think that cryptos would never be able to replace fiat money.Instead,the governments would launch their own digital currencies. August 15, 2018, 12:24:12 PM
Sorry I prefer not to open any links shared here specially from newbie and not a trusted person from this community so i will just answer the title
Nope i am not using cryptocurrency on my daily lives but i use this to pay bills and some online purchases since iw treat my coins an asset not a currency
Nope i am not using cryptocurrency on my daily lives but i use this to pay bills and some online purchases since iw treat my coins an asset not a currency
August 15, 2018, 12:10:16 PM
Nice. I personally love it. Every time i see that some service is available via crypto payments i do it that way. First i dont disclose my information, and it is quick and safe.
Crypto over card payment every day!
Crypto over card payment every day!
How do you manage to pay for everything with crypto with disclosing your information?
The last 3 things I bought with crypto required a shipping address and a name for the warranty...
Other than vps and subscriptions to some services you can't really buy much stuff without any info.
And I really would be using a fake name for a service, especially if I would have to ask for a refund!
Actually, people in Venezuela already started using cryptos to transfer money.
Their currency is losing value much faster than BTC can drop. It is being adopted there currently.
People are using bitcoin, dash or nano to buy food/clothes/water or to charge their phone. They have completely lost the faith into their national currency and started USING crypto.
Their currency is losing value much faster than BTC can drop. It is being adopted there currently.
People are using bitcoin, dash or nano to buy food/clothes/water or to charge their phone. They have completely lost the faith into their national currency and started USING crypto.
Yesterday I made the mistake of sending a low fee tx of 3.1 sat/byte.
I got confirmed in 12 hours
But even that low fee is 5 cents, paying it every day would mean 1.5$ if we don't consider the dust problem that will trigger. The average wage in Venezuela is....nope doesn't work
Now to the pop vs tx rates
There are 30 million people in Venezuela and about 200k tx a day/ unchanged for months
If each Venezuelan would make a tx it would clog the network for 150 days...
Maybe there are a few doing this, maybe a thousand but not a percentage that could be expressed without a ton of zeros.
August 15, 2018, 08:14:48 AM
Unless we all want to lie to ourselves, in most places now, cryptocurrency is not being used daily for life stuffs and all we are just so keen about is the profitability in the long run.
Actually, people in Venezuela already started using cryptos to transfer money.
Their currency is losing value much faster than BTC can drop. It is being adopted there currently.
People are using bitcoin, dash or nano to buy food/clothes/water or to charge their phone. They have completely lost the faith into their national currency and started USING crypto.
While it is true that all cryptocurrencies seem to be just a speculative object in most countries, this does not apply to all countries.
And i am sure there will be more countries whose financial system will collapse. People in these countries might start adopting towards crypto too.
August 15, 2018, 08:03:55 AM
In my case, I happen not to use cryptocurrency since in our country only btc and eth wee the cryptos that are generally recognized. My only transaction that I had using cryptocurrency is when my reward token was traded into fiat money and other than that, I had no other usage for cryptocurrency coins. However, I believe that in the next few years, cryptocurrencies other than btc might as well be recognize and use by the people as a currency for buying items and for payment transactions.
August 15, 2018, 05:13:55 AM
Unless we all want to lie to ourselves, in most places now, cryptocurrency is not being used daily for life stuffs and all we are just so keen about is the profitability in the long run. Sure, things would change over time as cryptocurrency starts getting more established, development in the blockchain sector keeps improving and we starts seeing usage and adoption by merchants, but for now, asides from being a payment means for jobs done across boarder or whatsoever, which is good enough anyway, there is no other usefulness.
August 15, 2018, 05:04:41 AM
This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others.
It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage
More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.
There are no open questions, but you can post here or message me about this.
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage
More details if you want to know more about it:
For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results.
This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.
After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study.
There are no open questions, but you can post here or message me about this.
Thank you for your time! Best Regards,
The University Institute of Lisbon research team
How can they be used in everyday life when there is no normal bridge from crypto-currency to fiat and vice versa. As soon as there is this bridge, I will use money transfers.
August 15, 2018, 02:24:32 AM
I use cryptocurrency only like speculation thing. I am trader. And i also think, that 90% of people, who use cryptocurrency, they use it for speculation and nothing else. If we talk about daily life, i use normal fiat there.
August 15, 2018, 02:20:28 AM
my daily life at the office and a lot of free time that made me able to use the time to play crypto especially trading and bounty. Is this what you mean by using crypto on daily activities
August 15, 2018, 02:11:04 AM
It would be better, if you use a Google forms survey.For some reason my browser can't open the surveymonkey link.Anyway,I can answer your questions here.No,I don't use cryptocurrencies in my daily life.I just earn btc and HODL,waiting for a better price.Unfortunately there's no way that cryptocurrencies can be useful in my daily life.
August 15, 2018, 01:50:38 AM
The daily use is there or not is solely dependent upon many factors. For example whether I am online buyer or not is the biggest factor where buying online can be easy stuff with bitcoin as there are tons of third party softwares who provide this bridge and thus we can easily buy with it. Now I enjoy online shopping a lot so I am using the bitcoin on daily basis. There are not many options available for spending rest of the currencies and they are also not capable of having that value. For off line use I would give 2 out of 10 ratings for all crypto's they are useless in it.
August 15, 2018, 12:10:50 AM
I have been in this cryptocurrency business not long ago,roughly two years now and there are a whole lot of benefits i have derived from becoming a member of the platform. I am crypto addict and always love to talk crypto.
August 15, 2018, 12:03:00 AM
All these days and I have not seen any good service which accepts the bitcoin or other cryptos as payment and I like it. This is because I want to use crypto currencies over different products and services which I use on daily basis. If I hit the coffee shop then I read Mastercard accepted here but I have not seen until the day any label saying that Bitcoin Accepted Here. Thats the most demotivating thing I have with me and thats why I use the crypto currency for only being and selling other coins, profit myself and very much stuff related to the investments. Unfortunately, having middle ways like converting the coin to fiat and then using it is not real use of curry because its discomfortable.
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