[POLL] Do you prefer your money to be in cash or bitcoins? - page 12.

Cakalasia

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Quote from: sulendra12 on May 31, 2016, 08:13:25 PM

I prefer both of them , because .
Hey you still need cash for buying food, unless your market accepted bitcoin.
Because not many merchant accepted bitcoin , i still hold my bitcoin and my flat currency.

Yes. For me, I will keep some money in the bitcoin so that I can buy things internationally and send money to relatives.

sulendra12

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I prefer both of them , because .
Hey you still need cash for buying food, unless your market accepted bitcoin.
Because not many merchant accepted bitcoin , i still hold my bitcoin and my flat currency.

Hugroll

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i like to have crisp bills in my hand. but ofcourse having like 5000 in bills doesnt seem like a good idea. for small amounts i prefer cash (less than 100). and for bigger amount i would rather see it on my phone in a bitcoin wallet. Cool

BlueYozakuraBTC

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WILL SKYPE CHAT FOR 3 MILLION COMPOUND COIN

I adore btc but in the states it's takes too long to convert it or non of the btc debit cards want to ship to you so your dealing with delays. I use btc pretty much daily as a regular means of purchasing food, gas etc but it would be nice if there were more merchants that accepted it.

I can't get around the banking system which is pretty damn annoying.

GonerGenesis

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Unfortunately as long btc isnt a widely accepted currency my wife wouldn't allow me to spend bigger stakes of our money in btc. So for now I stay with fiat as main.

icet208

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I would prefer to have all my money in bitcoin but for now it`s limited..so I need cash aswel

BitcoinPaw

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I am prefer my money on cash cause i can spend it everywhere, bitcoins very hard to spend nowdays that's why people exchanging it to cash so often, i am one of them.

tampazeus

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Quote from: poplolnman on May 31, 2016, 10:19:34 AM

Quote from: quintiilieo on May 31, 2016, 10:04:32 AM

I prefer bitcoin you can't buy stuff fast on bitcoin so you save more on it. Not just like real money you have on your pocket. Take some of it and pay. Just easy as 123 to make things with money. Bitcoin have advantages on people who wants to keep there money for future use or save a lot. They can put it on wallet and lock it on vault like time deposit on bank Grin

to be honest put a lot of my money in bitcoin make me insecure , i always afraid about the dropped price and even losing value of bitcoin could make our deposited money worthless , so i only put a little money in bitcoin.

Well its always good to invest money in multiple products but at this stage I think you should take that extra risk of investing in bitcoin only because of halving.

poplolnman

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Quote from: quintiilieo on May 31, 2016, 10:04:32 AM

I prefer bitcoin you can't buy stuff fast on bitcoin so you save more on it. Not just like real money you have on your pocket. Take some of it and pay. Just easy as 123 to make things with money. Bitcoin have advantages on people who wants to keep there money for future use or save a lot. They can put it on wallet and lock it on vault like time deposit on bank Grin

to be honest put a lot of my money in bitcoin make me insecure , i always afraid about the dropped price and even losing value of bitcoin could make our deposited money worthless , so i only put a little money in bitcoin.

mark coins

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I will prefer to have both of them, bitcoin as an investment and fiat as a currency to take care of my expenses, as cash can be use everywhere to buy anything.

quintiilieo

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I prefer bitcoin you can't buy stuff fast on bitcoin so you save more on it. Not just like real money you have on your pocket. Take some of it and pay. Just easy as 123 to make things with money. Bitcoin have advantages on people who wants to keep there money for future use or save a lot. They can put it on wallet and lock it on vault like time deposit on bank Grin

Labumi

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Quote from: Cryptonitex on May 30, 2016, 07:57:37 AM

I've already made the switch. BitCoin is my currency. I am paid in BitCoin from my jobs, and I spend my BitCoin just like cash.

The selection is pretty good, you've got a success in the currency of the Bitcoin, because you already have paid jobs using Bitcoin, it's something very fun and uplifting. But I hope you can save most of your Bitcoin for big profits in the future

Cryptonitex

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I've already made the switch. BitCoin is my currency. I am paid in BitCoin from my jobs, and I spend my BitCoin just like cash.

dinda22

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Quote from: arwin100 on May 22, 2016, 07:35:25 AM

Quote from: terman45x on May 22, 2016, 05:16:52 AM

Quote from: dinda22 on May 22, 2016, 05:05:57 AM

maybe I would choose both. partly into cash and partly into Bitcoins. because too many in bitcoin, the risk is too great when the price drops.

That's true but if I have to travel overseas then I would keep it in bitcoins, as there is no limit in bitcoin, but in cash you can carry only limited amount.

But id rather choose cash because by that we know that our money is safety in our hands and we can uae anytime we want without worying that our bitcoin will be gone or price will drop and thats what im intended to do since im using bitcoin if i earn i will cash out it weekly basis so i can enjoy my hard earn money, and choosing bitcoin not realy bad if your risktaker enough and ready to losr anything with it.

I basically use bitcoin just to make a profit, for the current transaction is still limited, so I also prefer in the form of fiat, if I travel overseas

jhenfelipe

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Quote from: Dwelach on May 30, 2016, 04:51:08 AM

Quote from: Boosterious on May 23, 2016, 05:49:29 AM

Quote from: Hirose UK on May 22, 2016, 11:02:43 PM

Quote from: sbtctalk on May 21, 2016, 09:48:10 AM

Cash is always king. It is wiser to hold cash for liquidity. But I converted some long term savings & investment funds to BTC.

I actually collect bitcoin to be convert to fiat. I want to invest on bitcoin, but I'm afraid of non-stable price, besides, I also need cash to buy daily necessary

that wise,i believe bitcoin have different situation in every country,and its cannot same in future,its why many people prefer cash money,but also they want bitcoin,and when they got bitcoin,they will use its as investement with cash money purpose.

I would prefer my moneys in cash that is always better then bitcoins. You can buy anything with cash but you cant with coins so give me cash and the stupid ones choose coins.

It depends on your needs. Some people buy things/stuffs online for their daily needs that's why they choose bitcoin. But most of us prefer to use cash and buy things on the physical stores. IMO in offline world it would be easier and more convenient to use cash while bitcoin is more preferable to use in online world. In my situation, I am earning bitcoin and convert some to cash, and sometimes use others to buy stuffs online.

Dwelach

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Quote from: Boosterious on May 23, 2016, 05:49:29 AM

Quote from: Hirose UK on May 22, 2016, 11:02:43 PM

Quote from: sbtctalk on May 21, 2016, 09:48:10 AM

Cash is always king. It is wiser to hold cash for liquidity. But I converted some long term savings & investment funds to BTC.

I actually collect bitcoin to be convert to fiat. I want to invest on bitcoin, but I'm afraid of non-stable price, besides, I also need cash to buy daily necessary

that wise,i believe bitcoin have different situation in every country,and its cannot same in future,its why many people prefer cash money,but also they want bitcoin,and when they got bitcoin,they will use its as investement with cash money purpose.

I would prefer my moneys in cash that is always better then bitcoins. You can buy anything with cash but you cant with coins so give me cash and the stupid ones choose coins.

bryant.coleman

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Right now, my preference is for fiat cash. Because I can't afford to take a huge amount of risk. My finances are pretty weak right now. If I convert all my money to BTC, and then if BTC crashes to $100 or $150 per coin, I will be completely ruined. I will consider converting a small part of my cash to BTC. May be 5% or 6%. But definitely not more than that.

sana54210

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Quote from: bloodnest on May 29, 2016, 09:56:09 AM

Bitcoin

1. I don't have Paypal, credit card, bank account (one that I'm knowledgeable about using anyways) or any other payment processor besides Bitcoin since I don't have a valid credit card/bank account I can link to + verification.

2. It can grow (though it could also fall)

3. Lots of exciting opportunities to be made with Bitcoin (cryptocurrency in general), opportunities I couldn't have been involved with before the Bitcoin craze thing happened since -refer to number one- .

IRL though, flat currency will always win out... at least for this generation who knows what the future holds for us.

You don't trade your bitcoins at all or only gamble it? It's surprising that you don't have a PayPal account too. I too support crypto currency but don't have all my cash in the form of bitcoins. I may just lose all of them if I only hold my coins.

mark coins

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Quote from: wuvdoll on May 29, 2016, 03:21:37 PM

Quote from: terman45x on May 29, 2016, 10:02:06 AM

Quote from: Labumi on May 29, 2016, 09:27:40 AM

Quote from: co5hike on May 29, 2016, 07:16:36 AM

Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.

Yup, both of which have a large role in life. because all transactions are definitely in need of a means of payment (physical and non physical). The money can be used for direct transactions, whereas the bitcoin can only be used for indirect transactions. Both means of payment also has advantages and disadvantages

The best advantage of holding cash is that it can be used anywhere, even at small grocery and even at big malls, but the use of bitcoin is limited at a moment.

I also used to feel the same but then I realized that we can convert our bitcoins into gift cards and then spend it in online stores. Big malls have too many taxes while online stores offer better prices and with bitcoins, we are saving taxes too. Just waiting for a bitcoin debit card with no fee to be introduced and then there would be no difference between cash and bitcoins.

I have not used bitcoin debit card yet, but I think there is certain annual fees attached to it and there is also conversion fees that you need to pay while withdrawing from ATM.

wuvdoll

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Quote from: terman45x on May 29, 2016, 10:02:06 AM

Quote from: Labumi on May 29, 2016, 09:27:40 AM

Quote from: co5hike on May 29, 2016, 07:16:36 AM

Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.

Yup, both of which have a large role in life. because all transactions are definitely in need of a means of payment (physical and non physical). The money can be used for direct transactions, whereas the bitcoin can only be used for indirect transactions. Both means of payment also has advantages and disadvantages

The best advantage of holding cash is that it can be used anywhere, even at small grocery and even at big malls, but the use of bitcoin is limited at a moment.

I also used to feel the same but then I realized that we can convert our bitcoins into gift cards and then spend it in online stores. Big malls have too many taxes while online stores offer better prices and with bitcoins, we are saving taxes too. Just waiting for a bitcoin debit card with no fee to be introduced and then there would be no difference between cash and bitcoins.

Topic: [POLL] Do you prefer your money to be in cash or bitcoins? - page 12. (Read 17573 times)