Topic: what do you guys use bitcoin for? - page 3. (Read 740 times)
Buying altcoins is a better use for BTC, this is what I do too.
There is a shift because it seems like not just Elon is trolling BTC, there's also Cuban who predicted ETH will take over BTC. Internet users can't just ignore Elon's tweet because the news is also reporting it. Whatever happens to BTC, it's just because of the sellers who moved their investment on altcoins which we now can see the rise of some altcoins.
If we look in past few years bitcoin is good investment sure, i use it for long. But next few years what will happen regarding price nobody can say.
Control and freedom is what allured quite a lot of people to Bitcoin. Fiat currencies and also digital Fiat (cbdc) is all about government regulations/control, and due to that, it's possible for them to manipulate and print it as they deem fit. But Bitcoin is different in many ways, it's a "be your own bank" kind of currency, and it's interesting for people who use it.
It's pretty easy to find out that the majority of Bitcoin users use the currency as an investment, but that doesn't in any way hinder it's development, and it's as well definitely a currency (cause it performs all it's features), a hedge against inflation, etc, Bitcoin is basically a currency that's different from the traditional/orthodox ones, and what one uses it for, totally depends on the user.
It's pretty easy to find out that the majority of Bitcoin users use the currency as an investment, but that doesn't in any way hinder it's development, and it's as well definitely a currency (cause it performs all it's features), a hedge against inflation, etc, Bitcoin is basically a currency that's different from the traditional/orthodox ones, and what one uses it for, totally depends on the user.
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
Traders use it to make profits on their investments while Enthusiasts use it to learn something new about a new technology that is upgraded repeatedly every few times.
Everyone's point of view for BTC is different and nobody can say that what they are saying is what they really have in their mind about the same.
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
I use bitcoin for payments, gambling, and many more things that I wanted to do but mostly I hodl my btc. I haven't invested in some gambling site again but I will invest later on when I have enough btc of my own. I tried investing on a gambling site's bankroll and it payed off and also gambled few bets and luckily won. 
1. I don't use Bitcoin for purchases, only for transactions, because there are no places (physical, I mean) that accept payments in cryptocurrencies. I wish there was, but I don't see that happening in the nearest future, maybe in 2-3 years.
2. Bitcoin will recover, it only lost one big investor (that we know of) so far, there are hodlers that have much more coins, and no one's concerned about what they're going to do in the nearest future, right? Maybe they're sitting here and thinking of selling it all just this minute. It can happen any time. But Bitcoin has shown the ability to quickly recover its price on the market lately, so there's no threat.
2. Bitcoin will recover, it only lost one big investor (that we know of) so far, there are hodlers that have much more coins, and no one's concerned about what they're going to do in the nearest future, right? Maybe they're sitting here and thinking of selling it all just this minute. It can happen any time. But Bitcoin has shown the ability to quickly recover its price on the market lately, so there's no threat.
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
I use my Bitcoin as an investment I would avoid using it as long as I have cash.I also think that Bitcoin would soon recover after this and it is normal for Bitcoin to drop down at some point.
Are you guys currently using bitcoin to make payments or making purchases with bitcoin?
(....)
Both. Since here in our country, using Bitcoin for such payments-especially locally is not that so popular, so most of the uses of my Bitcoins are in online services or products such as online shopping (but this is not directly Bitcoin, It's just swapping your Bitcoin to our fiat and mark as paid the order directly).(....)
Speaking of investment, somewhat like that too. Since I hodl most of my Bitcoin from 2017 and plan to hodl it for the long term.
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
Primarily to invest or to secure a value.
For example, when shopping at a provider that accepts bitcoin for many items. Sending to a packing station possible and communication via PGP. If you have any questions, you can also send a telegram. Recently there was news: „Buy over 50,000 sporting goods with Bitcoin“. The provider is called Shopinbit.com.
Quote
With the Concierge Service we look for the cheapest, fastest and safest way to organize your desired products. Please note that this service can only be used with a minimum order value of 1.000€ (one-thousand euros) due to EXTREME high demand. We can only provide you with products that are legally available in Germany.
Quelle: https://shopinbit.com/en/conciergeservice-ordering-service
before when i was starting in btc i actively using my btc anywhere for randome purchase but later on i developed a passion of holding a btc after finding out that it can be a great investment but for the tesla issue yes btc can recover .
why join two seperate question at once .
its because you think it affects the view of people in using their btc ?
no it wont because its not the fault of btc and btc has been in used by other merchants before tesla came .
why join two seperate question at once .
its because you think it affects the view of people in using their btc ?
no it wont because its not the fault of btc and btc has been in used by other merchants before tesla came .
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It is people's reaction that made it look like Telsa controls Bitcoin. Surely a lot dumped when Musk recently mentioned the suspension of Bitcoin payments to his Tesla.People will always follow the footprints that rich people do. I am not even surprised if Bill Gates would be the next to hype some random coin.
rather I invest and trade in this bitcoin. but unlike tesla, i have no intention and until now it has not occurred in my mind to exchange the bitcoin i have with tesla. even though I don't have tesla I don't have a problem with that because for me the bitcoin that I've been holding for the last few years doesn't match the tesla that has been in the news lately.
If you have a cash amount that perfect to buy tesla I rather invest it into bitcoin, imagine if the price will up in the next 3 years twice into your capital. It supposedly you buy your car tesla for me. So, holding here is the most important with your desire profit and harvesting it is a perfect time. I don't use my bitcoin for any unnecessary payment, as long as I can able to manage and use my fiat, I avoid spending all my bitcoin because, for me, bitcoin now isn't a mode of payment, it is a storing the value where you will potentially gain profit after years of holding. To tell you, I hold my bitcoin most of all time.
rather I invest and trade in this bitcoin. but unlike tesla, i have no intention and until now it has not occurred in my mind to exchange the bitcoin i have with tesla. even though I don't have tesla I don't have a problem with that because for me the bitcoin that I've been holding for the last few years doesn't match the tesla that has been in the news lately.
I am only using Bitcoin and other cryptocurrencies as investment and trading. For, using them for payment as a currency is still forbidden in my country.
I'm just a small investor. But I recommend you. Stop watching tweets from Elon. It doesn't make sense. It is only that they are deliberately manipulating the market.elon or Tesla cannot affect Bitcoin's development.
Agree, better not to pay attention on them. It is only like a new update, hype, fud, and continuity again with sinilar cycles. 
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
I use bitcoin for the investment thing and I make a profit from that.I do not use bitcoin to make a payment or purchase something using bitcoin because bitcoin is too worth for that.
I believe bitcoin will recover and will have a chance to increase and break $60k soon.
But to go to that price, we need to have patience and not panic every time the price is down, especially if the bitcoin price is down for more.
We can buy back bitcoin if the price is dropping like today because this price can be hard to be seen in the future.
I also prefer to use Bitcoin for investment, because the price of Bitcoin has continued to rise since the beginning of the year, very profitable
if we invest in Bitcoin. Maybe another reason I don't use Bitcoin for payments is because my country prohibits using Bitcoin as payment.
Actually, I really hope that in my country Bitcoin legalizes as a means of payment. Regarding the current corrected Bitcoin price, I don't think
we need to worry, because I am optimistic that Bitcoin will recover soon and the price can rise above $ 60k. So I will not intend to sell the Bitcoin
that I have.
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
I am using for both of what you've been said. I am using bitcoin for transactions that are allow d to use cryptocurrency like bitcoin and other cryptos. Another thing is that I am also using bitcoin for investments also especially today, that we can use cryptocurrency as an investments and let's be honest everyone this is the perfect time to make investment in crypto. There's so many thing we can use our bitcoin or other cryptocurrency just like for example we can use it as an gambling assets in order for us to start playing or gambling.
I'm just a small investor. But I recommend you. Stop watching tweets from Elon. It doesn't make sense. It is only that they are deliberately manipulating the market.elon or Tesla cannot affect Bitcoin's development.
I probably will not be unique if I say that despite all the speculations and manipulations that Elon Musk produces with the cryptocurrency, I remain an adherent of the belief in bitcoin. Musk plays with manipulating his tweets, but I hope that soon society will understand that Musk was never a fan of cryptocurrencies. The only thing that interests him is money. If tomorrow something appears that can bring him capital, he will talk about his sympathy for this source.
Bitcoin can handle it without Tesla. Many institutions believed in him and invested a lot of money. Therefore, I also remain the holder of bitcoin, spend or exchange it for fiat until I see the need.
Bitcoin can handle it without Tesla. Many institutions believed in him and invested a lot of money. Therefore, I also remain the holder of bitcoin, spend or exchange it for fiat until I see the need.
Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin will recover from that tesla did.
I use bitcoin for the investment thing and I make a profit from that.I do not use bitcoin to make a payment or purchase something using bitcoin because bitcoin is too worth for that.
I believe bitcoin will recover and will have a chance to increase and break $60k soon.
But to go to that price, we need to have patience and not panic every time the price is down, especially if the bitcoin price is down for more.
We can buy back bitcoin if the price is dropping like today because this price can be hard to be seen in the future.
I use bitcoin only as an investment instrument and as a payment method. I have an online shop that sells games via Steam and I include bitcoin as one of the payment methods.
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