[POLL] Do you prefer your money to be in cash or bitcoins? - page 4.

maister77777

full member

Activity: 204

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Quote from: saiha on November 08, 2016, 10:50:57 PM

Quote from: nara1892 on November 08, 2016, 08:58:09 PM

Quote from: ~Bitcoin~ on December 13, 2015, 03:54:43 AM

Bitcoin to be treated as currency need more adaptation and distribution with stable price. I better think it as a asset like gold with volatile price, creating opportunity to earn profit.

agree. bitcoin would be better if we function it as an investment or asset because the price is not stable. we can get profit there.

but for me, I prefer my money in fiat and bitcoin, so I can buy things using my fiat and invest money using bitcoin.

It is going to be better if it not just being used as an investment but as a currency for its whole adoption in the whole world.

And we don't have choice today as bitcoin has not been yet totally adopted by the all nation, so we will still stick in the usage of cash.

But let's see in the future, if people using bitcoins are going to be a lot then it might make bitcoin considered as our new cash.

We are all accustomed to the fact that the money we are constantly on the wallet. The fact is that over the exchange rate is not always possible to trace. And the real currency in contrast to the more stable cryptocurrency. Therefore spend in everyday life is better with real money instead of bitcoin.

saiha

hero member

Activity: 840

Merit: 501

Strength in Numbers

Quote from: nara1892 on November 08, 2016, 08:58:09 PM

Quote from: ~Bitcoin~ on December 13, 2015, 03:54:43 AM

Bitcoin to be treated as currency need more adaptation and distribution with stable price. I better think it as a asset like gold with volatile price, creating opportunity to earn profit.

agree. bitcoin would be better if we function it as an investment or asset because the price is not stable. we can get profit there.

but for me, I prefer my money in fiat and bitcoin, so I can buy things using my fiat and invest money using bitcoin.

It is going to be better if it not just being used as an investment but as a currency for its whole adoption in the whole world.

And we don't have choice today as bitcoin has not been yet totally adopted by the all nation, so we will still stick in the usage of cash.

But let's see in the future, if people using bitcoins are going to be a lot then it might make bitcoin considered as our new cash.

Caladonian

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Activity: 1302

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Quote from: Radenz on November 08, 2016, 06:11:02 PM

I have no idea about this. But i prefer bitcoins, because i have a good feeling that the deflation about bitcoin will come soon. And i think it is a good investment choice.

thats hard to do mate as we knew fluctuations keeps happening so better to stay with cash then just buy btc for your investment.

nara1892

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Quote from: ~Bitcoin~ on December 13, 2015, 03:54:43 AM

Bitcoin to be treated as currency need more adaptation and distribution with stable price. I better think it as a asset like gold with volatile price, creating opportunity to earn profit.

agree. bitcoin would be better if we function it as an investment or asset because the price is not stable. we can get profit there.

but for me, I prefer my money in fiat and bitcoin, so I can buy things using my fiat and invest money using bitcoin.

Radenz

newbie

Activity: 56

Merit: 0

I have no idea about this. But i prefer bitcoins, because i have a good feeling that the deflation about bitcoin will come soon. And i think it is a good investment choice.

eminem90

sr. member

Activity: 298

Merit: 250

Quote from: Shiroslullaby on November 08, 2016, 05:56:21 PM

Personally I prefer gold doubloons.
https://en.wikipedia.org/wiki/Doubloon

This way I can put all my money in a room and swim through it like Scrooge McDuck.
https://www.youtube.com/watch?v=koSl8JX5BeI

Well, yes of course, there is someone to learn from. True cartoon hero is very fond of gold and even paper money. When real money in your pocket, you feel more confident than others.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Personally I prefer gold doubloons.
https://en.wikipedia.org/wiki/Doubloon

This way I can put all my money in a room and swim through it like Scrooge McDuck.
https://www.youtube.com/watch?v=koSl8JX5BeI

BitcoinPanther

hero member

Activity: 1918

Merit: 564

If I am asked what would I prefer my money to be, cash or bitcoins, I would say I don't care as long as bitcoins can be converted to fiat money and money be converted to bitcoins. Both have advantage and disadvantages so I would rather take advantage of each currency than dwell on it's disadvantages. I would rather have have a happy life reaping rewards on the advantages of botch currency than forever worried dwelling on its disadvantages.

elena-tur

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Activity: 284

Merit: 250

Quote from: MTBTT on November 08, 2016, 05:38:39 PM

Quote from: SmirnoffVany on November 08, 2016, 05:12:42 PM

Today we have a standard of living, that wages do not stay for long. I mean, almost always turns out to hang from paycheck to paycheck. That's why I no bitcoin is advantageous to store their money.

course for today will be very useful if you're using a fiat compared with bitcoin, cash will always be valid and accepted wherever you are, is different when you use bitcoin

It is the application of world leaders in the banking sector in the near future people will abandon paper money in favor of digital.

MTBTT

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Activity: 504

Merit: 500

Quote from: SmirnoffVany on November 08, 2016, 05:12:42 PM

Today we have a standard of living, that wages do not stay for long. I mean, almost always turns out to hang from paycheck to paycheck. That's why I no bitcoin is advantageous to store their money.

course for today will be very useful if you're using a fiat compared with bitcoin, cash will always be valid and accepted wherever you are, is different when you use bitcoin

SmirnoffVany

sr. member

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Today we have a standard of living, that wages do not stay for long. I mean, almost always turns out to hang from paycheck to paycheck. That's why I no bitcoin is advantageous to store their money.

Wandering Soul~

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Activity: 406

Merit: 250

Wolf

There should be a choice "both" cause as of now bitcoin is not widely known and used that is why the number of merchants accepting bitcoin is limited. If I put all my assets in bitcoins how can I pay my daily needs?

So it is advisable to keep bitcoin as an investment and to use it for some online shopping/payment. And also keep fiats to supply your daily needs.

Selly Arumsari

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Activity: 602

Merit: 250

Quote from: EXtremeAEX on December 13, 2015, 03:46:33 AM

The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow?

State why you prefer your option.

My choice is bitcoin as like you , bitcoin rapidly changing prices.. suitable for investments with money always comes down to price

madwica

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Activity: 714

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Quote from: ?? on ??

Quote from: Tyrantt on November 07, 2016, 05:54:27 PM

Quote from: PancherBitCoin on November 07, 2016, 03:50:40 PM

If you rely on forecasts, in the near future, or so to say in a few years, when the maximum is reached bitcoin for production, then the price differences several times. It would therefore be very useful to keep a certain amount of their savings into Bitcoin, so you get a good reward.

Yes, and that can take years to be like super profitable and who knows what can happen in the meantime, I wouldn't be investing everything into btc, but buying one btc now and trying to get more by some other means would be great.

That is what comes my mind too, I won't put full of my assets with bitcoin and it is better to be safe if you are going to make it all balance. Balance with cash and as well as bitcoin. So probably it also depends if all my needs can be purchased with bitcoins then I want to fully adopt bitcoins but it seems it doesn't so still with cash.

Me too, i only put my money that i can afford to lose we always want to be safe our money and we are looking for profit that is why we engage in investing bitcoin, but i prefer to have cash for my daily needs since bitcoin can not spend anywhere yet in my area.

Tyrantt

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Need some spare btc for a new PC

Quote from: PancherBitCoin on November 07, 2016, 03:50:40 PM

If you rely on forecasts, in the near future, or so to say in a few years, when the maximum is reached bitcoin for production, then the price differences several times. It would therefore be very useful to keep a certain amount of their savings into Bitcoin, so you get a good reward.

Yes, and that can take years to be like super profitable and who knows what can happen in the meantime, I wouldn't be investing everything into btc, but buying one btc now and trying to get more by some other means would be great.

PancherBitCoin

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Activity: 812

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If you rely on forecasts, in the near future, or so to say in a few years, when the maximum is reached bitcoin for production, then the price differences several times. It would therefore be very useful to keep a certain amount of their savings into Bitcoin, so you get a good reward.

1Referee

legendary

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Quote from: cryptworld on November 07, 2016, 03:23:14 PM

When time comes that i can go in any store and pay with bitcoin I won't have any cash

You say that with full confidence, but what if you indeed do your shopping at your local mall with Bitcoin as currency. It means that you have to include like $0.15-$0.25 in fees with every transaction that you make. The fees will likely only increase further as pools will more and more depend on income through transaction fees in the coming years. Take in mind that paying with cash is free. Now you know this, will Bitcoin as currency for your local shopping still be an interesting option for you?

Quote from: cryptworld on November 07, 2016, 03:23:14 PM

By the way, looking at this thread most people that posted are opting for cash but poll results say otherwise. Just a little interesting fact to point out

It's because people here are troll voting. Good reason to avoid looking at polls as they don't have any value.

cryptworld

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When time comes that i can go in any store and pay with bitcoin I won't have any cash, but now cash all the way. By the way, looking at this thread most people that posted are opting for cash but poll results say otherwise. Just a little interesting fact to point out

Doamader

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Activity: 756

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If i could pay my bills with bitcoin the same way i do with my fiat i wouldnt choose, because the money i do earn is 90% for pay bills at the moment i cant afford to risk get any ammount lower with the volatilaty of bitcoin. But in normal days i would choose bitcoin, as i can exchange it anytime into fiat.

rajasumi2

full member

Activity: 196

Merit: 100

I WOULD PREPARE BITCOINS OVER DOLLARS FOR THE FOLLOWING REASONS
-I CAN SELL IT WHEN THE PRICE IS AT ITS PEAK
-ITS A DIGITAL CRYPTOCURRENCY AND IT HAS LOT OF POTENTIAL
KUDOOS

Topic: [POLL] Do you prefer your money to be in cash or bitcoins? - page 4. (Read 17570 times)