Topic: How do you use bitcoin? - page 2. (Read 1428 times)
I used to use Bitcoin as a payment. There is one website in my country that provides services that the payment system uses Bitcoin. Of course it is easy for me to pay something quickly.
1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
I think we are into all of these choices but that depends on our own personal desire, wants and needs. In my case I use Bitcoin to buy prepaid loads for my internet connection and I also use it to buy Altcoins to get profit. We all want to get rich but that is not so easy. I came here in this industry because I was interested in Bitcoin and my curiousity brought me here in this great community. This is where I knew more about Bitcoin and other stuffs. 2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
everyone here uses bitcoin clearly to benefit from the money they invest in bitcoin, because I myself also use bitcoin to get more profit in the long run.
And we all do.
All of us want to earn profit by earning or investing on Bitcoin and other crypto currencies. Ever since the beginning of it's explosive price, a lot of people bought Bitcoin not knowing it will be making a price as we have now, some forgotten where it is some don't know where their private key is. The value of Bitcoin is high and even though the price of it is not that high comparing it to the current ATH, if you will be comparing it to the price in the past, it is already expensive. Keep investing while the price is not that high.
Speculative is the way how to get profit with bitcoin, we don't know when bitcoin will growing up and down, but we have more option to get profit with bitcoin investment by speculative price of bitcoin.
1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
Bitcoin for me is very important and also to my family that's why until now i continue support them even if i know already the situation of price, I know that someday me and you also are the beneficiary of bitcoin. what we have to do now is continuing and participate always all the activities of bitcoin that's the way to bitcoin become always on the top and trending because of the support of many people.
1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
The majority is here to make big money due to it is not as common as the payment method. Already this is an unavoidable fact. It is also possible to pick other choices but when the price goes down by 20%, I do not expect it from people who come blood from their eyes. 2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
As a trader, I only use Bitcoin to make trading transactions. Because for me, trading is the safest way for me. If you ask the reason I entered the crypto world, of course because I'm sure in the future it will shine.
It goes from there til i found myself interested in ICOs.
And lost all you had...
Started 2013 mining and selling for cash.
Loved it for political reasons. I think crypto is the future of money.
I find it pretty sad, that although so many of us got into it for these reasons, people just use at as get rich quick scheme nowadays.
The whole idea of being your own bank, ruling over your money, your money not losing value and being the fastest and most secure money in history has apparently lost its meaning in 2017-18
What did we do wrong?
Loved it for political reasons. I think crypto is the future of money.
I find it pretty sad, that although so many of us got into it for these reasons, people just use at as get rich quick scheme nowadays.
The whole idea of being your own bank, ruling over your money, your money not losing value and being the fastest and most secure money in history has apparently lost its meaning in 2017-18
What did we do wrong?
Bitcoin for me is the most amazing investment and purchase in general in recent years. The prospects that he gives, it's just something incredible. I am very happy that I was able to get acquainted with bitcoin. Yes, maybe it sounds like it's too rosy, but I really believe in this technology, even despite the difficult times that he is going through.
Like most investors, bitcoin is a great way for me to earn and invest my money properly. Of course, I believe in its prospects and as a currency, but more I am interested in it as a profitable investment.
definitely the first one: 1. Speculative/trading/buying coins hoping to get rich. .
to answer some of your questions, I wasn't here from the start was busy with my life doing something else. As i decided that i much prefer being at home most of my time i started researching about stock market, and as i was doing so i bumped into a another kind of trading. I look into it and found it interesting and decided to study it further. after 3 months of reading into it i started making an account with an exchange and purchased bitcoin to be used as my main trading fund. It goes from there til i found myself interested in ICOs.
Most people in bitcoin today does not really know how to use bitcoin and at that they are embodied with wrong knowledge about what bitcoin really is and that can lead to frustration, most of them take bitcoin as a get rich quick investment and at that forget to use it for either speculation, trading or as a payment method based on the blockchain network. But for me bitcoin is a currency that I use for payments and also for trading on the world exchange market.
I use bitcoin in my own way there's a lot of ways but I only based on the situation, sometimes I play with it, invest, buy coins and trade, I use it when I'm in the mood or if I found out some great coins to invest in, since I don't have a stable place for an income I just constantly change the way of spending or using it every time. Just exchange it right away into fiat when I'm in need.
Right, as usual. That's how people use bitcoin, plus as online shopping payment in certain stores that accept bitcoin as payment method. The use is still limited into cyberspace, not officially applied in the real world. If more people know bitcoin, then I'm sure the use will be even more. 
Bitcoin has a value which of course many people will take advantage of it. If bitcoin doesn't have a sale value, then of course people won't use bitcoin and bitcoin won't be as big as now. So I think it's clear that bitcoin is used for many more profitable purposes and also faster and more practical transactions.
There is no real use of bitcoin except for the users that made some agreement to pay using bitcoin. For now, it is not yet independent to fiat money and it will never going to be independent with iy because bitcoin is just like a chips in poker where it is only a medium to use in betting but in our case it is use to hold and wait for others to do as well to get a good market price increase and earn after it will be traded to higher market price.
I use bitcoin to trade, buy a number of altcoins for fees and also as savings for urgent needs and to buy goods online
Many people normaly used bitcoin as an invrstment because of its amazing and unstable price many crypto lover earn. However there are also many crypto lover who loss on it due to the lack of patience. Some of then really loss its patience and do panic selling specially during a verry huge dip that the crypto coin price drop almost a half of the normal price. I believe that in crypto everything will depend on he right and the wrong decision that we have made we can earn and we can also loss depending in our way or way that we choose to gain.
1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
I solely use bitcoin for now as a tool for long term holding,meaning i am buying bitcoin to store in my wallets and be added in my folio other than that is nothing else2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
Though the plan might be change when the market grows again to the highest value
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