[POLL] Do you prefer your money to be in cash or bitcoins? - page 9.

buxlover

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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.

Exactly i chose bitcoin for its price volatility. Price of bitcoin may go lower, but i believe it will bounce back in the long run. so i wish to test my luck in dealing with bitcoins.

There are many other factors like low fees, anonymity, fast transfer, etc... which blinds me about volatile of bitcoin price.

dhimasnk

hero member

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cash or bitcoin? I will choose both. why? because they have the advantages and disadvantages of its own. bitcoin very suitable to transact online and also to invest, while the money cash very comfortable used in the real world

Chrismeister

sr. member

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Merit: 250

I prefer cash instead of Bitcoin because you cannot go wrong with cash and with Bitcoin, you will have to trade it for money in the end. So it does not really matter.
But I would go with cash all the way because to me it is more reliable.

anaderwan

newbie

Activity: 43

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BTC as a form of saving, I understand it's not good to keep all of profit in BTC but at least some of it in BTC, I think it can yield great profit in long-term.. I guess everyone here prefers the same and to keep at least a percentage of there savings in BTC.

DuckKeeper

sr. member

Activity: 364

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If i had to choose between bitcoin and the paper money i already know witch one i would choose because paper money always wil be the best things to have because you wont know what the bitcoin will do in the future.

Altcoinmoney

sr. member

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Merit: 250

I think that at the moment I would receive my money in cash because it is just easier and I do not have to go to the process of trading.
But I think that it also depends a bit on how much money and Bitcoin because with Bitcoin you can make more money.

DuckKeeper

sr. member

Activity: 364

Merit: 250

Quote from: EXtremeAEX on December 13, 2015, 05:17:43 AM

Quote from: steveds on December 13, 2015, 04:57:54 AM

The results of this poll could be a complete waste or cannot be reliable cause you are asking this on a Bitcoin forum and more than 90% of the users here are trying to increase their count or even if they cashout they would still vote bitcoin cause of it's benefits.
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Yeah, that's true, but what about paypal? Isn't paypal more widely accepted in online payments and shipments, so wouldn't it be more or less the same? But, to think of it, bitcoin addresses are easily created, and easy to send to others, so I personally prefer bitcoins for such micro transactions.

The main point of this topic is to find out if the forum users here think bitcoin as unstable, as you might never know if the price goes up or down, and cash currency is more of a 'fixed'/stable than bitcoin it might be better to stable store as cash, do you think so?

I dont think receiving my money in bitcoins is a good idea because at the time we all give only about the cash money because that will always be number 1 paying method.

Blitzboy

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I prefer my money to be in bitcoins. Why ? Because i love bitcoin. Up to now, bitcoin have been a popular cryptocurrency and its pirce keep going up year by year. So i think, if i keep my money in bitcoin, one day, i will be rich. And i think the best way to support bitcoin is to use it as much as i can so that many people will now more about it

justspare

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For me, cash is more stable and therefore I would prefer my money to be in fiat. Saying that, Bitcoin has a lot of potential and I do have some money invested in it.

MONKEYJUNK

sr. member

Activity: 434

Merit: 250

Quote from: brain_dead on October 02, 2016, 08:38:49 AM

For online shopping I prefer bitcoins and for day to day use I also prefer bitcoins but can't use them in daily life as here are not much shops that accept bitcoins.

50/50?
That's the problem with bitcoin, we don't have too much places to spend it.

Doamader

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I do like bitcoin, even with my earnings not being able to cover the costs i do have, i do earn it as an extra source of income. The fiat i earn i cant exchange into bitcoin as its all spent to cover daily basics, if i had something left i would share it this way 30% to bank savings and 70% for bitcoin investment(buy bitcoin).

angaper

hero member

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At this point I still prefer to use my money in cash because mu current business requires a lot of daily transactions in dollars, and it is impossible for me to migrate at this point from cash to bitcoin. Cry

boyptc

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Because there are still only few stores that accepts bitcoin here in my country, I would prefer to choose cash first. But if there is going to have a mass adoption then what I am going to do is prefer to use bitcoins or in the end what I am going to do is going to prefer to use both. As they are both good medium for buying the things that we want and we need.

brain_dead

newbie

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For online shopping I prefer bitcoins and for day to day use I also prefer bitcoins but can't use them in daily life as here are not much shops that accept bitcoins.

greBit

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I will prefer to use both of them at a moment, bitcoin for online transactions and cash for offline transactions as cash is accepted everywhere and has great usage and demand in compare to bitcoins.

xdrpx

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I give my vote to Bitcoin. The reason being, if I were to be paid in Bitcoins, over time its value would increase as people would have a sentimental value towards it just like Gold being precious. Thus, as more and more people are paid in Bitcoins rather than cash, Bitcoins market grow and there's more circulating in the economy.

randy8777

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Quote from: romero121 on October 02, 2016, 08:17:23 AM

Bitcoin seems to be quite young compared to most other national currencies that we use in our daily life. Also bitcoin has got very small acceptance among online stores. Day by day things were getting better with increased acceptance and increasing adoption. For this purpose cash is given preference by most users which soon gets changed over the coming years.

cash at this point has an advantage that bitcoin won't be able to beat, but online it can make a big difference. i personally do 90% of all my online transactions with bitcoin. i use fiat only for certain things that i have to pay for online, that can't be paid for with bitcoin. other than that, bitcoin is for me the way to go.

romero121

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Bitcoin seems to be quite young compared to most other national currencies that we use in our daily life. Also bitcoin has got very small acceptance among online stores. Day by day things were getting better with increased acceptance and increasing adoption. For this purpose cash is given preference by most users which soon gets changed over the coming years.

Pursuer

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Where is my ring of blades...

all of the above plus more is my answer Cheesy

we all should have cash because life is not possible without it, at least not today anyways.
but since we are on a bitcoin forum and we are all interested in bitcoin then obviously we want to have bitcoin and many of us have seen some good in having bitcoin that is why we are using it.

apart from that I like to have Gold too. not only because it is a good and safe investment but also because I like to diversify and invest in multiple areas.

dhimasnk

hero member

Activity: 546

Merit: 500

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.

I would choose both. Why? because both have its own advantages. I use cash so that my money is safe and can be directly used to buy things, and I will make bitcoin as investment vehicle

Topic: [POLL] Do you prefer your money to be in cash or bitcoins? - page 9. (Read 17570 times)