Bitcoin Forum

Do you have BTC's as an investment or do you actually use it to purchase goods / services??

At the moment I am only in this to invest and also to develop new solutions to the btc markets. But my hope of course is that btc will be a valid payment method across the world.

because i like them, and i believe that they will become the currency of the future, or at least i hope so

I just used my first 0.2 BTC that I earned through task and PTC sites to buy a key for Starcraft 2: Heart of the Swarm on bitmit.com.

And I plan to keep that up. I'm a fan of the concept of Bitcoin as a currency. Thus I want to use it as such to buy products.

People that aren't involved in BTC have a very bad view on Bitcoin. This I have learned yesterday in the forums for Mechwarrior Online, where someone else (not me) proposed that PGI should accept BTC. Most people think it's a digital currency mainly used by criminals to wash money and buy illegal goods anonymously.

This is why I think that viewing BTC as a pure investment thing that you speculate on and use to get rich does not help at all to improve the image and even worse will ultimately lead to the downfall and disappearence of BTC. At the latest when BTC stop to be produced the currency will simple lose it's value and diappear if by that time no healthy system in which BTC can circulate can be established. What we need is legit stores accepting BTC to buy normal every day products.

all of the above...
I mine, I invest, I hoard, I buy things...


btw amph, love the avatar ;)

I agree with what is being said about stores are needing to accept payment by bitcoin however ATM and in the near future I don't see why people would risk buying into bitcoin when they have no benefit of paying with it over there own currency.

Because 10000 BTC Gets you a pizza

I treat BTC as a hobby

i think it gets 2 pizzas

I am curious what happens in international markets. Especially wit the rise of bitcoins. To bad I've already finished my final paper for international economics, or I would have like to write about this.

For me I only see bitcoins as an investment, which could in time lead to a brake trough of acceptance, and could then become a sort of pseudo-coin.

Been plugged in since 2010 to support the chain.  I don't think BTC will be the solid / final basis for crypto-currency in the coming years, but it's a beautiful experiment in creating some sort of currency sanity... Using as money seems like a pretty terrible idea, but using it as a currency... beats nationstate issued fiat!

I stumbled on it through reddit and I was hooked.  Very interesting technology and I support the ideology 100%. 

both

I actually use mine, but I only keep about 0.02BTC at the moment.

because I'm an anarcho capitalist and I want the government to burn to the ground, because I can buy "meds" with it and because I want to make money.

Mainly as investment but sometimes i use it to buy something.

I use them. For me, bitcoin's utility is the attraction.

Started off as an investment, now it's time to spend some  :D

It's like a game or a hobby and I like to gamble just for the fun of it.

Was setting up a mining operation, and for a period BTC was the most profitable to mine. But other than that, I like to keep my virtual money in a few different crypto currencies to minimize the risk.

I'm mostly just satisfying my curiosity. Still have a lot to learn. I'm more about interested in alt currency as n actual means of purchasing goods. I've never been much for the market game, but that may change.

Security, a guard against inflation and it's just so much better to use than a bank, I hope it stays.

I'm waiting for BTC to hit the million dollar mark, then I'll be a millionaire (and hopefully not because the dollar has gone all reichsmark on us)

yeah, it's a good avatar

i have it in high resolution, also

because I thought I wouldnt have to see your face

I earn 'em and then spend all of them on video games. Wish I knew how to successfully invest though i think I'd still spend most of it on video games. ;D

investment

Originally jumped in out of fear that they would become mainstream soon and I would miss out on a great opportunity. Stayed because I fell in love with the system and the community, even though I don't purchase much with them.

I originally started mining out of interest.
Then had a streak of bad luck and lost almost all mining profits.
Got mad and left Bitcoin for what is was.

Next thing I hear (months later) it's tanking from $250.
Bought back in at the low point.
Now spend time investing it through shares/bonds.

I haven't actually bought anything physical though, yet.
So right now it's an investment.
Hope I get a chance to use it soon.

Assets not subject to oversight.

I think it's the next big disruptive technology, and i think in 10 years time we'll be using bitcoin everyday wondering how on earth we got along without it for so long (kind of like how the internet is now).