at this time I use bitcoin to trade on NexyBit, in nexy bit when I have a large asset, then I will benefit from a bonus staking balance,
Even though the real function of Bitcoin is to transact, I also use transactions for my digital needs, such as hosting, premium accounts, paying bills that accept crypto, etc.
the point is, I want to maximize the function of what I have
Topic: How do you use bitcoin? - page 7. (Read 1428 times)
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.
Mostly, i use it just as medium exchange, to trade for an digital item, buy paypal balance, exchange it to my FIAT balance just when i need it for an urgent and Hold some for a long-term.
1. I use bitcoin for trading and buying those and well, we can't deny that fact that everyone is desiring to get rich with it. On my part, I'm good seeing my trades going well though becoming rich, I think I'm far from it up to this day.
2. I used bitcoin many times for purchasing things online. When I need a thing, I use it to shop online and luckily one online shop here in my country is accepting payment through bitcoin.
3. There's no different this question from number 2.
(1) I thought it was cool and never expected that price would burst up to the ceiling and luckily, I was able to witness its ups and downs from around 2015(6) up to now.
2. I used bitcoin many times for purchasing things online. When I need a thing, I use it to shop online and luckily one online shop here in my country is accepting payment through bitcoin.
3. There's no different this question from number 2.
(1) I thought it was cool and never expected that price would burst up to the ceiling and luckily, I was able to witness its ups and downs from around 2015(6) up to now.
I earn bitcoin by managing different campaigns and also by participating in Signature and blog campaigns then i use these bitcoins to buy potential coins/tokens through which i get profit in future by holding. Trading is best way to increase your coins in value but it is also ridky on the other hand.
Bitcoin is the father of altcoins and I use it to perform so many transactions, like paying for goods and services abroad, exchange for other altcoins, buy and hold in other to make profit, making use of fast transactions and delivery... Many more
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.
If its value with USD concerns you, it means that profit is the main reason. So most of the Bitcoiners are here to make a profit. Besides it is also possible to add other selections. 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.
Yep I believe cryptocurrency will be the future until better money system. Because adaptation of paper money with the technology developed every day will be impossible.
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 joined the crypto world last year and this time I was only a bounty hunter. Than i was started to buy and sell bitcoin on local platform and now i am trying to be expert on trade so research on ico and coin review and also on regular update on the crypto exchanger. But my bad luck i was lost my 35k USD for etherdelta hack than stop trade. 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.
Well, I was into a domain name reselling business and I had many international clients but for the transactions, I had to rely on Paypal to accept payment from my overseas clients. However, I was paying some and the unreasonable amount of fees and suffering from exchange rate factor. When I decided to shift my payments to Crypto I realised that I was not paying any fees but actually gaining some amount as Bitcoin is 5 to 10% more valuable in my country due to high demand. I was able to shift this gain to my clients in the form of discount so it was a win-win situation for everyone.
I believe that one can get the highest benefit from using Bitcoin as a payment system instead of looking at it as a speculative instrument. Those who are into frequent transactions can use it to optimise their current cash flow.
I believe that one can get the highest benefit from using Bitcoin as a payment system instead of looking at it as a speculative instrument. Those who are into frequent transactions can use it to optimise their current cash flow.
I use bitcoin only to trade and take a little profit from the results of the trade. and I started investing in the profits that I had earned. Alsan I use this currency is to fill my spare time to make it more useful and increase my income every month.
I use Bitcoin in trading on exchanges. And I came to the world of crypto for the fact that for me it was initially interesting and then I realized that you can make a lot of money here.
Well I use bitcoin the same as how you deal with it. I was introduced to Bitcoi last mid year and it actually a new experience for me, to be involved in a total digital transactions that until know I can't master but still for me Bitcoin is very essential for those who try to explore things with enough knowledge with them.
now .. i am just earning , i didnt withdraw it yet.. it is better to deposit it first and let earn more .. so that when i will withdraw it later on .. it is more bigger so that i can buy the things and food that my family needed
It's clear identify my first entry the Cryptocurrency market with the bitcoin.i think I have use Bitcoin for my trading/holding and exchange assets.even I have use Bitcoin for the ICO coins investment. Basically I have few clear knowledge about think,and I want to say I will use Bitcoin everytime. reality I want Bitcoin will going to everyone people have in the world.
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.
Speculative/trading/buying is really the use of bitcoin and other cryptocurrency. It really helped me to earn more and learn new different things and it really caught my attention. Trading and buying really helped me bigtime in my expenses and it is a really good investment.
Just joined the crypto space and just use it as an asset storage
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.
There is nothing else that we can implement in the use of bitcoin, which is clear at this time we can use bitcoin for our needs every week or every month such as paying bills etc. At first I just kept collecting bitcoin from the faucet until two years had passed I found something good from bitcoin so I could earn a decent income to cover some of my needs in real life. 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 use bitcoin in many ways.
Part of my BTC funds I invested in my own business.
Also, I invested part of the funds to other businesses in other to diversify my porfolio.
I also invested in other alt coins.
Rest of funds I keep in my wallet.
Part of my BTC funds I invested in my own business.
Also, I invested part of the funds to other businesses in other to diversify my porfolio.
I also invested in other alt coins.
Rest of funds I keep in my wallet.
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
I remember the excitement of the first day. I installed the Electrum then created my first wallet, got familiar with sending and receiving features and the my expression was WOW! I would not need a third party to have my money.I use bitcoin to my daily life where ever I have options.
I want to use Bitcoin for my various purposes, for example, I want Bitcoin to be benefited by investing as well as in exchange for it. I also want to use Bitcoin in many other ways. It gives us various opportunity for use it. personally I like Bitcoin very much.
You should have made a google form with these questions. Also giving some details about the reasons for this research would be nice.
I earn some Bitcoin from here and there, I keep some satoshi (and altcoins too) as investment, I buy for Bitcoin here and there. I even bought Bitcoin for fiat at some point, from BTM, but not such significant amounts, unfortunately.
I do some hobby mining too, but really seldom, not really to earn money.
So it would be [1] and [2], I guess.
It's [3] and [4], maybe a bit of [2] (change the world yes, but not really the banking system, not just like that). Since I have some IT background, it's not only the coin that interested (and interests) me, it's the technology too.
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.
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.
I earn some Bitcoin from here and there, I keep some satoshi (and altcoins too) as investment, I buy for Bitcoin here and there. I even bought Bitcoin for fiat at some point, from BTM, but not such significant amounts, unfortunately.
I do some hobby mining too, but really seldom, not really to earn money.
So it would be [1] and [2], I guess.
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.
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.
It's [3] and [4], maybe a bit of [2] (change the world yes, but not really the banking system, not just like that). Since I have some IT background, it's not only the coin that interested (and interests) me, it's the technology too.
if I use bitcoin to invest and to trade day, if it's for transactions,I might use it sometimes, because I have a prediction that I trade with Bitcoin someday I will be able to realize my dreams and dreams, when it comes to investing I, I use it as my future savings, because I think bitcoin will develop better in the future.
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