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Topic: To be honest, how many people use bitcoin to invest - page 13. (Read 1295 times)

full member
Activity: 392
Merit: 100
To be honest, I did not see someone using bitcoin in the real world, because bitcoin is still banned in my country and there is no channel to support the use of bitcoin in reality.
Just like you, in my country is also very difficult to make direct transactions using bitcoin because it is prohibited but if used for investment and buying sales on the internet we are allowed to do it. I hope in the future, bitcoin will begin to be legalized in countries that currently still prohibit it.
newbie
Activity: 19
Merit: 0
If our country has those modern technology that can support bitcoin transactions, why wouldnt i use it ?. It is such that bitcoin transactions does not applicable to my country now. The only function of that now is just for investment. Paying someone through his bitcoin address can also be. I hope we can have those modern technology to use bitcoin properly.

It won't take long for the merchants to accept the cryptocurrency as payment. The acceptance of the public is the hindrance why mass adoption is not getting anywhere.
full member
Activity: 1303
Merit: 128
If our country has those modern technology that can support bitcoin transactions, why wouldnt i use it ?. It is such that bitcoin transactions does not applicable to my country now. The only function of that now is just for investment. Paying someone through his bitcoin address can also be. I hope we can have those modern technology to use bitcoin properly.
full member
Activity: 742
Merit: 128
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yes. many people think that bitcoin is just an investment in the internet world, but actually bitcoin covers all aspects, trade, transactions, development, and others. I think everyone should start to realize that bitcoin is already a part of our lives.

Indeed, i my self accept that it is the way o think about bitcoin. At first i thought bitcoin is just for investment purposes but when i got into it i then realize that it is not just investment but also a currency which can buy things online and used as the main currency in trading.

Yeah bitcoin is not just investment, this is really a crypto currency that we can use in investment and also we can use to buy anything in online who can accept bitcoin as payment.
member
Activity: 140
Merit: 10
As I understand it, many of my people who know bitcoin and investing in bitcoin have no real insight into the value of bitcoin and the scenarios in which it can be applied. Bitcoins look like they are stock-like ways of investing However, bitcoin and what can help us to live, the scene can actually be used? Smiley

Well, I personally believe people got into Bitcoin just because of the revenue potential it has, myself, I am one of those people. But in the future, after the value of the coins increases dramatically, I wish I could actually use the coins directly to buy stuffs instead of converting the coins into fiat.
member
Activity: 94
Merit: 12
It seems that there is no relevant statistics, but I think not many, because they know more than he did not invest much.
legendary
Activity: 3542
Merit: 1965
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In most countries including the USA, Bitcoin is defined as a Commodity and not as a currency. So the natural thing for most people are to use it as a store of value or a commodity to trade with.

A lot of people also look at the high volatility of the technology and they class it as a commodity, because high volatility is not ussually associated with a traditional feature of a currency.

Speculators also see the high volatility as a perfect tool to make some good profits. ^smile^
full member
Activity: 952
Merit: 104
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yes. many people think that bitcoin is just an investment in the internet world, but actually bitcoin covers all aspects, trade, transactions, development, and others. I think everyone should start to realize that bitcoin is already a part of our lives.

Indeed, i my self accept that it is the way o think about bitcoin. At first i thought bitcoin is just for investment purposes but when i got into it i then realize that it is not just investment but also a currency which can buy things online and used as the main currency in trading.
newbie
Activity: 4
Merit: 1
I think millions of people all around the globe is investing in Bitcoin. Undecided
newbie
Activity: 9
Merit: 0
I myself use bitcoin as an investment. When BTC was at 200-300$ I invested some money and cashed out what I had invested when it hit the 20k mark Cheesy ez profit. Now, its on a low price and I'm still investing on it. Hope it comes back to the 20k mark soon Cheesy
member
Activity: 98
Merit: 10
A lot of people. If you researched a little you will notice how people use bitcoin more as an asset instead of a currency. Since its value doubles or triples, and it gets rarer as time goes by. People treat it now as a digital gold. If you are planning to invest in bitcoin you will need a huge capital and I suggest you should start now because a t the moment bitcoin is still at the dip of the market but it will increase in the next few months
sr. member
Activity: 1610
Merit: 264
The real thing is that Bitcoin isn't an investment naturally. It was made truly to make the transactions easier although that isn't fulfilled yet. I am investing in Bitcoin but it is not one of my priority on its uses. It is in the advantage of the price that makes it a great long-term investment. Bitcoin is still gaining lots of investors and it could be the required contribution to its growth. Here in my country, I don't think that there are a lot of investors yet but I'm looking forward that many will contribute to the development of Bitcoin to become a currency in the future. I see few posters in my country saying that encourages investment in Bitcoin, however I don't think that would be enough. Bitcoin hasn't reached that much of mainstream in my country, therefore it still lacks the needed trusts from the people in my country. It needs more attention and awareness.
full member
Activity: 196
Merit: 100
As I understand it, many of my people who know bitcoin and investing in bitcoin have no real insight into the value of bitcoin and the scenarios in which it can be applied. Bitcoins look like they are stock-like ways of investing However, bitcoin and what can help us to live, the scene can actually be used? Smiley
We can't tell the exact number of people who uses bitcoin around the world. Bitcoin itself has a lot of uses that's why we can't really tell if someone uses bitcoin as a form of asset or an investment. There are those who directly invest in bitcoin, there are also other who mine to sell it. There are also people who consider bitcoin as an digital currency with a fluctuating value that is used as a medium of exchange for transactions from the different parts of the world. We can't see yet the real purpose of bitcoin because still, only few people use it and know about it.
jr. member
Activity: 30
Merit: 3
I invested some of my money in bitcoins and I know most of the people here in this forum invested in bitcoin as well. The friends around me and people in my country already have idea what bitcoin is but not a total understanding of it. There's already more and more people everyday noticing bitcoin and that will eventually lead to investing. While the main purpose of bitcoin is to be like a payment instrument, most people do not use bitcoin to purchase goods anymore because of its value, they would rather keep the bitcoin thats why its a very popular investment now.
member
Activity: 97
Merit: 12
yes. many people think that bitcoin is just an investment in the internet world, but actually bitcoin covers all aspects, trade, transactions, development, and others. I think everyone should start to realize that bitcoin is already a part of our lives.

It's a great deal to recognize that in Japan, where many convenience stores and some of the finest stores are starting to accept Bitcoin payments, I used to buy a box of imported milk using Bitcoin, which is great. Bitcoin is gradually entering my life, maybe one day my life will be inseparable from bitcoin, just like the water to drink the air
newbie
Activity: 82
Merit: 0
On the other hand, Bitcoin also helps many people who do not have access to banking. Bitcoin shipments can be made anytime between Bitcoin account holders either inside or outside the country without the need for such conditions in banks that not all can fulfill. Bitcoin can be converted into the country's currency for withdrawal and is spent in that country. In fact, many merchants or merchants have begun to receive payments with Bitcoin such as Dell, Microsoft, Overstock, Rakuten, Marui information center in Japan, restaurants and hotels in Bali. Thus Bitcoin becomes the universal currency in the world
legendary
Activity: 2030
Merit: 1028
If you ask me about my people that using bitcoin still less than 3%

Why ?
Because my government still strict bitcoin usage but I can still use it without worried being jail.

I hope that my government can re-evaluate about bitcoin since it's fit for digital transaction
full member
Activity: 1092
Merit: 227
I think now in 2018 number of people who are investing in bitcoin are more. Because in 2017 we have already seen or hear that few celebrities has earned huge profit. In facebook , twitter or other social media also involved in the advertisement of bitcoin. So indirectly people are getting the information about cryptocurrencies. By looking towards those adds people search it on internet  and trying to get more information.

So I think today normal people are also investing in bitcoin. Still most of the people dont even know what is bitcoin. I would say 60% people in my country know about bitcoin and only 50% are trying to invest in it.
member
Activity: 714
Merit: 11
This can't be answered because people are more aware by Bitcoin now, and the number of persons are increasing everyday, so how many people are use to invest in Bitcoin can't be counted,
For rough estimate, I think millions of people all around the globe is investing in Bitcoin.
sr. member
Activity: 924
Merit: 255
Anyway on the something new, and many has talked about it can be profitable.. it will be easy to spread widely in all directions. Everyone will surely give priority to their favorable side than the other side that looking more deepen about it.

Today a life is tended to a more modern, everyone would be following in a more modern direction like investing in bitcoin, I think it's not strange if it's already a lot of people who are invest in bitcoin, because the side of its price developments having a good price developments.
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